Mozambique Economic Update, December 2017 : Making the Most of Demographic Change

Developments in the second half of 2017 indicate that the slowdown in Mozambique's economic performance may be taking hold, shifting this once fast-growing economy to a more modest pace of growth. GDP growth is expected to dip to 3.1 percent i...

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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/386461513950634764/Mozambique-economic-update-making-the-most-of-demographic-change
http://hdl.handle.net/10986/29100
id okr-10986-29100
recordtype oai_dc
spelling okr-10986-291002021-09-17T05:12:17Z Mozambique Economic Update, December 2017 : Making the Most of Demographic Change World Bank ECONOMIC GROWTH ECONOMIC OUTLOOK FISCAL TRENDS MONETARY POLICY TRADE DEMOGRAPHICS DEMOGRAPHIC DIVIDEND URBANIZATION EMPLOYMENT Developments in the second half of 2017 indicate that the slowdown in Mozambique's economic performance may be taking hold, shifting this once fast-growing economy to a more modest pace of growth. GDP growth is expected to dip to 3.1 percent in 2017, despite substantial increases in coal and aluminum exports. Whilst these exports boomed, small and medium enterprises (SMEs)have fallen back even further, especially in the manufacturing sector, which contracted for this first time since 1994. Current trends make it clear that Mozambique needs to redouble its efforts to support small and medium enterprises, and to look beyond the extractive sector for more balanced growth. The drift towards a natural resource extraction based economy with low employment generation makes the case for Mozambique to leverage off its growing and youthful population provides for future growth. 2017-12-28T20:25:39Z 2017-12-28T20:25:39Z 2017-12 Report http://documents.worldbank.org/curated/en/386461513950634764/Mozambique-economic-update-making-the-most-of-demographic-change http://hdl.handle.net/10986/29100 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work Africa Mozambique
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ECONOMIC GROWTH
ECONOMIC OUTLOOK
FISCAL TRENDS
MONETARY POLICY
TRADE
DEMOGRAPHICS
DEMOGRAPHIC DIVIDEND
URBANIZATION
EMPLOYMENT
spellingShingle ECONOMIC GROWTH
ECONOMIC OUTLOOK
FISCAL TRENDS
MONETARY POLICY
TRADE
DEMOGRAPHICS
DEMOGRAPHIC DIVIDEND
URBANIZATION
EMPLOYMENT
World Bank
Mozambique Economic Update, December 2017 : Making the Most of Demographic Change
geographic_facet Africa
Mozambique
description Developments in the second half of 2017 indicate that the slowdown in Mozambique's economic performance may be taking hold, shifting this once fast-growing economy to a more modest pace of growth. GDP growth is expected to dip to 3.1 percent in 2017, despite substantial increases in coal and aluminum exports. Whilst these exports boomed, small and medium enterprises (SMEs)have fallen back even further, especially in the manufacturing sector, which contracted for this first time since 1994. Current trends make it clear that Mozambique needs to redouble its efforts to support small and medium enterprises, and to look beyond the extractive sector for more balanced growth. The drift towards a natural resource extraction based economy with low employment generation makes the case for Mozambique to leverage off its growing and youthful population provides for future growth.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Mozambique Economic Update, December 2017 : Making the Most of Demographic Change
title_short Mozambique Economic Update, December 2017 : Making the Most of Demographic Change
title_full Mozambique Economic Update, December 2017 : Making the Most of Demographic Change
title_fullStr Mozambique Economic Update, December 2017 : Making the Most of Demographic Change
title_full_unstemmed Mozambique Economic Update, December 2017 : Making the Most of Demographic Change
title_sort mozambique economic update, december 2017 : making the most of demographic change
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/386461513950634764/Mozambique-economic-update-making-the-most-of-demographic-change
http://hdl.handle.net/10986/29100
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