REPUBLIC OF MOZAMBIQUE Staff Report for the 2002 Article IV Consultation, Fourth Review Under the Poverty Reduction and Growth Facility and Request for an Extension of the Poverty Reduction and Growth Facility Arrangement

REPUBLIC OF MOZAMBIQUE Staff Report for the 2002 Article IV Consultation, Fourth Review Under the Poverty Reduction and Growth Facility and Request for an Extension of the Poverty Reduction and Growth Facility Arrangement
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 81
Release: 2002-07-09
Genre: Business & Economics
ISBN: 1451827113

This paper examines the Republic of Mozambique’s 2002 Article IV Consultation, Fourth Review Under the Poverty Reduction and Growth Facility (PRGF), and a Request for an Extension of the PRGF Arrangement. Economic activity in Mozambique has recovered strongly from the devastating floods that reduced growth in 2000 to less than 2 percent. The authorities are seeking a one-year extension of the current PRGF arrangement to allow full disbursement of the committed amount in support of the reform program. The IMF staff welcomes the priority given by the authorities to comprehensive public sector reform.

Republic of Mozambique

Republic of Mozambique
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 80
Release: 2001-01-17
Genre: Business & Economics
ISBN: 1451827067

Despite the devastating floods, Mozambique has maintained a good record of program implementation under the Poverty Reduction and Growth Facility (PRGF) program. Executive Directors commended this step, and stressed the need to maintain fiscal and monetary stances. They appreciated the authorities' efforts to improve transparency in government operations, functioning of the judiciary, revenue and expenditure management, bank restructuring, and the completion of the review on the code of good practices on fiscal transparency. Directors agreed that the country has successfully completed the second review under the PRGF arrangement.

IMF Survey

IMF Survey
Author: International Monetary Fund
Publisher:
Total Pages: 444
Release: 2002
Genre: International finance
ISBN:

Rigged Rules and Double Standards

Rigged Rules and Double Standards
Author: Kevin Watkins
Publisher: Oxfam
Total Pages: 278
Release: 2002
Genre: Social Science
ISBN: 9780855985257

A critical and detailed analysis of inequalities of world trade systems.

Yes, Africa Can

Yes, Africa Can
Author: Punam Chuhan-Pole
Publisher: World Bank Publications
Total Pages: 497
Release: 2011-06-24
Genre: Business & Economics
ISBN: 0821387456

Takes an in-depth look at twenty-six economic and social development successes in Sub-Saharan African countries, and addresses how these countries have overcome major developmental challenges.

Attacking Poverty

Attacking Poverty
Author:
Publisher: World Bank Publications
Total Pages: 356
Release: 2000
Genre: Business & Economics
ISBN: 9780195211290

At the start of each decade the World Development Report focuses on poverty reduction. The World Development Report, now in its twenty-third edition, proposes an empowerment-security-opportunity framework of action to reduce poverty in the first decades of the twenty-first century. It views poverty as a multidimensional phenonmenon arising out of complex interactions between assets, markets, and institutions. This Report shows how the experience of poverty reduction in the last fifteen years has been remarkably diverse and how this experience has provided useful lessons as well as warnings against simplistic universal policies and interventions. It shows how current global trends present extraordinary opportunities for poverty reduction but also cause extraordinary risks, including growing inequality, marginalization, and social explosions. The World Development Report 2000/2001 explores the challenge of managing these risks in order to make the most of the opportunities for poverty reduction.

Poverty in a Rising Africa

Poverty in a Rising Africa
Author: Kathleen Beegle
Publisher: World Bank Publications
Total Pages: 278
Release: 2016-03-10
Genre: Business & Economics
ISBN: 1464807248

Perceptions of Africa have changed dramatically. Viewed as a continent of wars, famines and entrenched poverty in the late 1990s, there is now a focus on “Africa rising†? and an “African 21st century.†? Two decades of unprecedented economic growth in Africa should have brought substantial improvements in well-being. Whether or not they did, remains unclear given the poor quality of the data, the nature of the growth process (especially the role of natural resources), conflicts that affect part of the region, and high population growth. Poverty in a Rising Africa documents the data challenges and systematically reviews the evidence on poverty from monetary and nonmonetary perspectives, as well as a focus on dimensions of inequality. Chapter 1 maps out the availability and quality of the data needed to track monetary poverty, reflects on the governance and political processes that underpin the current situation with respect to data production, and describes some approaches to addressing the data gaps. Chapter 2 evaluates the robustness of the estimates of poverty in Africa. It concludes that poverty reduction in Africa may be slightly greater than traditional estimates suggest, although even the most optimistic estimates of poverty reduction imply that more people lived in poverty in 2012 than in 1990. A broad-stroke profile of poverty and trends in poverty in the region is presented. Chapter 3 broadens the view of poverty by considering nonmonetary dimensions of well-being, such as education, health, and freedom, using Sen's (1985) capabilities and functioning approach. While progress has been made in a number of these areas, levels remain stubbornly low. Chapter 4 reviews the evidence on inequality in Africa. It looks not only at patterns of monetary inequality in Africa but also other dimensions, including inequality of opportunity, intergenerational mobility in occupation and education, and extreme wealth in Africa.