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Resumo dos Resultados 2018 – Moçambique
26/11/2018 18:25
Resumo dos Resultados 2018 – Moçambique
Mozambique - Country results brief 2018
26/11/2018 12:11
Mozambique - Country results brief 2018
Southern Africa Economic Outlook 2018
12/03/2018 13:51
Southern Africa Economic Outlook 2018
The economic outlook for the Southern Africa region is cautious. Broad-based economic activity is expected to recover at a slow pace, but the outlook remains modest, given the diverging growth patterns for the region’s economies. Upper middle-income countries turned in low and declining rates of growth. Meanwhile, lower income transitioning economies recorded moderate and improved growth, albeit at reduced rates. Despite the improvement, economic performance remains below the regional target of 7 percent annual economic growth for all member states. The region’s economic outlook continues to face major headwinds: high unemployment, scal strain, increasing debt, and high in ation. Real GDP is estimated to have grown at an average of 1.6 percent for 2017, before increasing to a projected 2.0 percent in 2018. Future regional growth is bolstered primarily by expectations of increased investment in non-oil sectors such as electricity, construction, and technology, in large infrastructure projects, and in mining, as well as a continued recovery of commodity prices. Net commodity exporters and low-income economies, generally, are outperforming their larger net manufacturing exporter counterparts. The decline in commodity prices in recent years, reaching their lowest point in 2015, translated into signi cant income losses for these economies, implying negative impacts on public and private sector spending, and therefore growth and employment.Read more
Southern Africa Quarterly Report 3rd Quarter -2014 - Issue No.14
11/11/2015 14:25
Southern Africa Quarterly Report 3rd Quarter -2014 - Issue No.14
Southern Africa Quarterly Report 2nd Quarter-2014 Issue No.13
05/11/2014 10:21
Southern Africa Quarterly Report 2nd Quarter-2014 Issue No.13
Southern Africa Quarterly Review and Analysis – 1st Quarter 2014 - Issue 12
26/08/2014 11:18
Southern Africa Quarterly Review and Analysis – 1st Quarter 2014 - Issue 12
Southern Africa Quarterly Review and Analysis – 4th Quarter 2013 - Issue 11
19/02/2014 15:08
Southern Africa Quarterly Review and Analysis – 4th Quarter 2013 - Issue 11
Southern Africa Quarterly Review and Analysis – 3rd Quarter 2013 - Issue 10
29/11/2013 16:32
Southern Africa Quarterly Review and Analysis – 3rd Quarter 2013 - Issue 10
Southern Africa Quarterly Review and Analysis – 2nd Quarter 2013 - Issue 9
29/08/2013 16:13
Southern Africa Quarterly Review and Analysis – 2nd Quarter 2013 - Issue 9
Regional Integration Policy Papers - Intra-Regional Trade in Southern Africa: Structure, Performance and Challenges
05/08/2013 23:00
Regional Integration Policy Papers - Intra-Regional Trade in Southern Africa: Structure, Performance and Challenges
Southern Africa Quarterly Review and Analysis – 1st Quarter 2013 - Issue 8
27/05/2013 13:57
Southern Africa Quarterly Review and Analysis – 1st Quarter 2013 - Issue 8
Indian Ocean Commission Countries a Flagship Study on Regional Integration - Summary Final Report
15/05/2013 11:02
Indian Ocean Commission Countries a Flagship Study on Regional Integration - Summary Final Report
Working Paper 130 - Growth and Macroeconomic Convergence in Southern Africa
23/06/2011 08:22
Working Paper 130 - Growth and Macroeconomic Convergence in Southern Africa
The objective of this study is to assess whether the formation of the Southern African Development Community (SADC) in 1992 has led to (i) convergence in real income or “catch- up” growth across the countries within the region or higher growth in the region as compared to advanced economies over the past two decades; and (ii) convergence in indicators of macroeconomic stability and/or the harmonization of macroeconomic policies within the region.   The paper investigates convergence in real per capita GDP and macroeconomic policy and stability indicators within the SADC, using primarily the concepts of beta and sigma convergence and common stochastic trends. Empirical tests for the period 1992-2009 showed no evidence of absolute beta and sigma convergence in real per capita GDP among the SADC economies. Although, absence of convergence does not necessarily imply lack of economic growth, further empirical assessment of possible conditional beta convergence did not reveal any tendency of convergence to own steady states. On an individual level, however, ADF unit root test indicated that Botswana and South Africa’s real per capita GDP converged to a common stochastic trend while the rest were characterized by a boundless drift. With regard to the SADC macroeconomic convergence goals set for 2012, the findings indicate that most of the economies of the member states have shown a tendency of macroeconomic divergence in 2009 in monetary policy, fiscal policy, and foreign exchange reserve ratios. Since member countries are at varied levels of economic development, the goals themselves must be conditional on the level of convergence in economic structure and hence macroeconomic convergence may not be attainable. Furthermore, achieving the targets may be neither necessary nor sufficient to achieve good macroeconomic outcomes. We made further attempt to identify possible club convergence within SADC free trade area using Common Monetary Area criterion, including South Africa, Lesotho, Namibia and Swaziland. The result indicates that the real per capita GDP level of the CMA economies did not converge to the South African real GDP per capita level during the 18 years under consideration.   The crucial implications of the above results are that the establishment of regional trading block did not enhance economic performance in the poorer member states in SADC during the 18 years under consideration. Poor member states failed to catch up with the more developed countries within the region. The same countries that were richer 18 years ago are richer today and the poorer countries remained largely poorer. This is not to suggest that regional trade agreements and economic blocks do not promote economic performance and help poor countries to catch up. It is rather the way member countries implement the regional integration agreements that matter most.  Duplication of membership among the several Regional Economic Communities, low savings and investment, shortages of high level skills, high level of unemployment, inadequate and substandard infrastructure, and insignificant production and manufacturing capability all contributed to slow economic growth and lack of convergence in real per capita GDP. Regional economies need to urgently address these challenges in order to achieve deeper economic integration and catch up with the more developed economies in the sub region and the rest of the world. Macroeconomic policy strategies should also be designed conditional on the actual degree of convergence in the economic structure.Read more
The AfDB Group in Southern Africa 2011 - Fostering Growth and Regional Integration
05/06/2011 18:17
The AfDB Group in Southern Africa 2011 - Fostering Growth and Regional Integration
Mozambique - 2008 - Country Profile
16/07/2009 10:37
Mozambique - 2008 - Country Profile

Categories: Mozambique

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