Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/190187 
Authors: 
Year of Publication: 
2018
Series/Report no.: 
WIDER Working Paper No. 2018/140
Publisher: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Abstract: 
This paper is a sequel to an earlier paper that looked in broad terms at many of the issues that Mozambique faces today in managing its new extractive resources. The paper first describes the investment surge that has already been prompted by new gas discoveries in Mozambique. It then summarizes some of the more recent literature that has examined the effects of such surges in other country contexts. It next examines the main aspects of the disappointing economic outcomes that have so far been seen through 2018, and selectively analyses some of the implications of these outcomes for future policy. The paper concludes by exploring the epidemiology of a large public investment surge - an issue that has relevance for the further surge that is still anticipated. In following this sequence of argument, the paper also throws light on a number of critical general policy questions that arise in the context of major new resource discovery.
Subjects: 
economic diversification
economic transformation
extractive industries
institutional change
policy coordination
resource curse
Persistent Identifier of the first edition: 
ISBN: 
978-92-9256-582-4
Document Type: 
Working Paper

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