Accelerating Poverty Reduction in Mozambique : Challenges and Opportunities
Over the past two decades Mozambique enjoyed robust and accelerating economic growth, yet strong economic progress only translated into modest poverty reduction. Not only poverty fell at slower pace than expected but the gains in income and consump...
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World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/383501481706241435/Accelerating-poverty-reduction-in-Mozambique-challenges-and-opportunities http://hdl.handle.net/10986/25757 |
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okr-10986-257572021-05-25T08:56:29Z Accelerating Poverty Reduction in Mozambique : Challenges and Opportunities World Bank Group poverty reduction inequality distribution shared prosperity poverty assessment agriculture agricultural productivity natural disasters climate risk rainfall household welfare Over the past two decades Mozambique enjoyed robust and accelerating economic growth, yet strong economic progress only translated into modest poverty reduction. Not only poverty fell at slower pace than expected but the gains in income and consumption growth are unevenly distributed across the country and across groups of people. Some parts of the country –especially the center and the north– account for a disproportionate share of the poor. Overall, urban provinces tend to have lower poverty rates than rural provinces, particularly those in the central and northern parts of the country. Three factors contribute to the low equity outcomes in Mozambique: (i) unequal access to economic opportunities across regions and income groups; (ii) low productivity and market-based growth in agriculture; and (iii) high vulnerability to weather shocks. Growth could have had a much larger impact on poverty reduction in Mozambique if its effects had not been offset by the observed increase in inequality. Accelerating poverty reduction requires addressing structural factors that undermine the inclusiveness of growth. The returns to growth have to be distributed more widely to invest in the most isolated parts of the country in for these regions to be able to seize the economic opportunities brought about by economic expansion and close the gap with the rest of the country. There is a need to deepen the investments in the human, physical and institutional capital of the country. Finally, given the high exposure of Mozambique to natural disasters, it is necessary to strengthen formal and informal risk management systems to avoid that the living standards of the population are highly influenced by major shocks out of their control. 2016-12-15T19:58:52Z 2016-12-15T19:58:52Z 2016-10-09 Report http://documents.worldbank.org/curated/en/383501481706241435/Accelerating-poverty-reduction-in-Mozambique-challenges-and-opportunities http://hdl.handle.net/10986/25757 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Other Poverty Study Economic & Sector Work Africa Mozambique |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
poverty reduction inequality distribution shared prosperity poverty assessment agriculture agricultural productivity natural disasters climate risk rainfall household welfare |
| spellingShingle |
poverty reduction inequality distribution shared prosperity poverty assessment agriculture agricultural productivity natural disasters climate risk rainfall household welfare World Bank Group Accelerating Poverty Reduction in Mozambique : Challenges and Opportunities |
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Africa Mozambique |
| description |
Over the past two decades Mozambique
enjoyed robust and accelerating economic growth, yet strong
economic progress only translated into modest poverty
reduction. Not only poverty fell at slower pace than
expected but the gains in income and consumption growth are
unevenly distributed across the country and across groups of
people. Some parts of the country –especially the center and
the north– account for a disproportionate share of the poor.
Overall, urban provinces tend to have lower poverty rates
than rural provinces, particularly those in the central and
northern parts of the country. Three factors contribute to
the low equity outcomes in Mozambique: (i) unequal access to
economic opportunities across regions and income groups;
(ii) low productivity and market-based growth in
agriculture; and (iii) high vulnerability to weather shocks.
Growth could have had a much larger impact on poverty
reduction in Mozambique if its effects had not been offset
by the observed increase in inequality. Accelerating poverty
reduction requires addressing structural factors that
undermine the inclusiveness of growth. The returns to growth
have to be distributed more widely to invest in the most
isolated parts of the country in for these regions to be
able to seize the economic opportunities brought about by
economic expansion and close the gap with the rest of the
country. There is a need to deepen the investments in the
human, physical and institutional capital of the country.
Finally, given the high exposure of Mozambique to natural
disasters, it is necessary to strengthen formal and informal
risk management systems to avoid that the living standards
of the population are highly influenced by major shocks out
of their control. |
| format |
Report |
| author |
World Bank Group |
| author_facet |
World Bank Group |
| author_sort |
World Bank Group |
| title |
Accelerating Poverty Reduction in Mozambique : Challenges and Opportunities |
| title_short |
Accelerating Poverty Reduction in Mozambique : Challenges and Opportunities |
| title_full |
Accelerating Poverty Reduction in Mozambique : Challenges and Opportunities |
| title_fullStr |
Accelerating Poverty Reduction in Mozambique : Challenges and Opportunities |
| title_full_unstemmed |
Accelerating Poverty Reduction in Mozambique : Challenges and Opportunities |
| title_sort |
accelerating poverty reduction in mozambique : challenges and opportunities |
| publisher |
World Bank, Washington, DC |
| publishDate |
2016 |
| url |
http://documents.worldbank.org/curated/en/383501481706241435/Accelerating-poverty-reduction-in-Mozambique-challenges-and-opportunities http://hdl.handle.net/10986/25757 |
| _version_ |
1764460168738766848 |