Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/190160 
Year of Publication: 
2018
Series/Report no.: 
WIDER Working Paper No. 2018/113
Publisher: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Abstract: 
In recent years, Mozambique has made international headlines for the significant hydrocarbon deposits found offshore. These have increased the country's extractive resource endowments, in addition to its mining and onshore natural gas sector. It is expected that these industries will contribute to economic diversification and social development, not least by means of procuring locally produced goods and services and hiring Mozambicans. A key factor to achieve this is building domestic capital - in people, institutions, and infrastructure. Looking at the policy environment, this paper argues that the prospects are extremely challenging for "local content" to provide the link between the extractive industries and the economic diversification of the local economy. The country urgently needs institutional changes that support broader and rural-focused private sector development.
Subjects: 
natural resources
extractive industries
economic diversification
local content
corporate social responsibility
JEL: 
E61
L52
L71
L72
O19
O25
O55
Persistent Identifier of the first edition: 
ISBN: 
978-92-9256-555-8
Document Type: 
Working Paper

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