Mozambique - Investment Climate Assessment - 2009 : Sustaining and Broadening Growth

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dc.creatorWorld Bank
dc.date2012-03-19T17:25:46Z
dc.date2012-03-19T17:25:46Z
dc.date2009-10-01
dc.date.accessioned2026-07-01T01:06:43Z
dc.descriptionMozambique's recent history is a rare example of a successful post-conflict recovery and economic takeoff. Emerging from decades of economic stagnation and decline, a consequence first of a failed socialist economic experience and then of a vicious civil war that only ended in 1992, the country has achieved a commendable degree of political stability. This has been accompanied by prudent and stable economic policy continuity, as well as coordinated and ever more efficient use of substantial international aid. These factors have contributed to sustained economic growth that averaged 7.8 percent between 1992 and 2006. Furthermore, this growth has been 'pro-poor': increasing output has been accompanied by real and significant decreases in poverty levels, with the poverty headcount index declining from 69 percent in 1997 to 54 percent in 2003. Based on the enterprise survey results for Mozambique, this report assesses the main obstacles to achieving an investment climate that supports private sector growth and provides policy options for improving the business environment and increasing competitiveness with the goal of achieving sustained and broad-based growth. The focus is on microeconomic constraints and reforms where, according to a recent World Bank report, most of the challenges for sustainable growth are concentrated. Therefore, the analysis presented in this report should be of interest to policy makers, academics, non-governmental organizations and representatives of the private sector involved in the policy dialogue in the country. Improvements to the business environment and increased access to finance are the most critical aspects to firm growth in Mozambique identified in this report. Despite recent progress, the business environment for the Mozambican enterprise sector is still in many ways problematic. Based on econometric evidence as well as on business perceptions and quantitative data, this study indicates that while all aspects of the investment climate are important, reform priorities should focus on increasing access to finance and improving the business environment.
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dc.formattext/plain
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333038_20100118010144
dc.identifierhttps://hdl.handle.net/10986/3158
dc.identifierhttps://doi.org/10.1596/3158
dc.identifier.urihttp://hdl.handle.net/123456789/415295
dc.languageEnglish
dc.publisherWorld Bank
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectACCESS TO CREDIT
dc.subjectACCESS TO FINANCE
dc.subjectACCESS TO MARKETS
dc.subjectACTION PLAN
dc.subjectAGRICULTURAL ACTIVITIES
dc.subjectAGRICULTURAL OUTPUT
dc.subjectAGRICULTURAL PRODUCTS
dc.subjectAGRICULTURAL SECTOR
dc.subjectAPPLICATION PROCEDURES
dc.subjectAUTOMATION
dc.subjectBANK FEES
dc.subjectBANK FINANCING
dc.subjectBANKING SECTOR
dc.subjectBANKING SERVICES
dc.subjectBANKRUPTCY
dc.subjectBANKS
dc.subjectBORDER CROSSING
dc.subjectBOTTLENECKS
dc.subjectBRIBES
dc.subjectBUSINESS ACTIVITY
dc.subjectBUSINESS CLIMATE
dc.subjectBUSINESS ENVIRONMENT
dc.subjectBUSINESS INDICATORS
dc.subjectBUSINESS OPERATION
dc.subjectBUSINESS OPERATIONS
dc.subjectBUSINESS ORGANIZATIONS
dc.subjectBUSINESS REGISTRATION
dc.subjectBUSINESS REGULATION
dc.subjectBUSINESS REGULATIONS
dc.subjectBUSINESSES
dc.subjectCAPACITY BUILDING
dc.subjectCAPITAL ACCOUNT
dc.subjectCAPITAL GOODS
dc.subjectCAPITAL INVESTMENTS
dc.subjectCAPITAL REQUIREMENT
dc.subjectCOLLATERAL
dc.subjectCOLLATERAL REQUIREMENTS
dc.subjectCOMMERCE
dc.subjectCOMMODITIES
dc.subjectCOMMODITY
dc.subjectCOMMODITY PRICES
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPLIANCE COSTS
dc.subjectCORRUPTION
dc.subjectCPI
dc.subjectCREDIT CONSTRAINED FIRMS
dc.subjectCREDIT CONSTRAINT
dc.subjectCREDIT CONSTRAINTS
dc.subjectCREDIT INFORMATION
dc.subjectCREDIT LINES
dc.subjectCREDIT RISK
dc.subjectCUSTOMS
dc.subjectDEBTS
dc.subjectDEPOSITS
dc.subjectDEVELOPMENT ASSISTANCE
dc.subjectDIESEL
dc.subjectDIVERSIFICATION
dc.subjectDRIVERS
dc.subjectE-MAIL
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC POLICY
dc.subjectECONOMIC REFORM
dc.subjectECONOMIC REFORMS
dc.subjectEDUCATIONAL ATTAINMENT
dc.subjectELECTRICITY
dc.subjectEMPIRICAL ANALYSIS
dc.subjectEMPLOYEE
dc.subjectEMPLOYMENT CREATION
dc.subjectEMPLOYMENT GROWTH
dc.subjectENDOWMENTS
dc.subjectENTERPRISE DEVELOPMENT
dc.subjectENTERPRISE SECTOR
dc.subjectENTERPRISE SURVEY
dc.subjectENTERPRISE SURVEYS
dc.subjectENTREPRENEURS
dc.subjectEQUIPMENT
dc.subjectEXCHANGE OF INFORMATION
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATES
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectEXPORT PERFORMANCE
dc.subjectEXPORTER
dc.subjectEXTERNAL FINANCE
dc.subjectFINANCIAL INTERMEDIATION
dc.subjectFINANCIAL LITERACY
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL MARKET
dc.subjectFINANCIAL SECTOR ASSESSMENT
dc.subjectFINANCIAL SECTOR REFORM
dc.subjectFINANCIAL SERVICES
dc.subjectFINANCIAL SYSTEM
dc.subjectFIRM PERFORMANCE
dc.subjectFISCAL POLICIES
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN FIRMS
dc.subjectFOREIGN INVESTMENT
dc.subjectFORESTRY
dc.subjectFUELS
dc.subjectGENDER
dc.subjectGENDER DIFFERENCES
dc.subjectGLOBAL COMPETITIVENESS
dc.subjectGLOBAL MARKETS
dc.subjectGREATER ACCESS
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROUP OF FIRMS
dc.subjectGROWTH STRATEGY
dc.subjectGUARANTEE SCHEMES
dc.subjectHARDWARE
dc.subjectHOLDINGS
dc.subjectHUMAN CAPITAL
dc.subjectINFLATION
dc.subjectINFORMAL ECONOMY
dc.subjectINFRASTRUCTURE COSTS
dc.subjectINNOVATION
dc.subjectINSPECTION
dc.subjectINSPECTIONS
dc.subjectINTELLECTUAL PROPERTY RIGHTS
dc.subjectINTEREST RATE
dc.subjectINTEREST RATES
dc.subjectINTERNAL FUNDS
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL BANKS
dc.subjectINTERNATIONAL COMPARISON
dc.subjectINTERNATIONAL COMPARISONS
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectINTERNATIONAL FINANCE
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINVENTORY
dc.subjectINVESTMENT BANK
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT FINANCING
dc.subjectJOB CREATION
dc.subjectLABOR COSTS
dc.subjectLABOR MARKET
dc.subjectLABOR MARKETS
dc.subjectLABOR PRODUCTIVITY
dc.subjectLEGAL REFORM
dc.subjectLICENSE
dc.subjectLICENSES
dc.subjectLINES OF CREDIT
dc.subjectLOAN
dc.subjectLOAN SIZE
dc.subjectLOCAL MARKET
dc.subjectLOCOMOTIVE
dc.subjectMACROECONOMIC POLICIES
dc.subjectMANUFACTURING
dc.subjectMEDIUM ENTERPRISE
dc.subjectMEDIUM ENTERPRISES
dc.subjectMICROENTERPRISES
dc.subjectMINIMUM WAGE
dc.subjectMONETARY FUND
dc.subjectMONETARY POLICIES
dc.subjectNETWORKS
dc.subjectNEW BUSINESSES
dc.subjectNEW TECHNOLOGIES
dc.subjectONE-STOP SHOPS
dc.subjectOVERDRAFT
dc.subjectPHYSICAL INFRASTRUCTURE
dc.subjectPOINT OF SALE
dc.subjectPOLICY MAKERS
dc.subjectPOLITICAL STABILITY
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE INVESTORS
dc.subjectPRIVATE SECTOR
dc.subjectPRIVATE SECTORS
dc.subjectPRIVATIZATIONS
dc.subjectPROCUREMENT
dc.subjectPRODUCTIVITY GROWTH
dc.subjectPROFIT MARGINS
dc.subjectPROPERTY RIGHTS
dc.subjectPROTECTION OF INTELLECTUAL PROPERTY
dc.subjectPURCHASING POWER
dc.subjectQUOTAS
dc.subjectRAIL
dc.subjectRAILROAD
dc.subjectRAILROADS
dc.subjectREFUGEES
dc.subjectREGISTRY
dc.subjectREGULATORY ENVIRONMENT
dc.subjectREGULATORY FRAMEWORK
dc.subjectREMITTANCES
dc.subjectRESERVE REQUIREMENTS
dc.subjectRESULT
dc.subjectRESULTS
dc.subjectRETAINED EARNINGS
dc.subjectROAD
dc.subjectROADS
dc.subjectSECURITY SERVICES
dc.subjectSHADOW ECONOMY
dc.subjectSMALL ENTERPRISES
dc.subjectSMALL INVESTORS
dc.subjectSOCIAL SECURITY
dc.subjectSOCIOECONOMIC BACKGROUNDS
dc.subjectSOURCES OF INCOME
dc.subjectSTART-UP
dc.subjectSUSTAINABLE GROWTH
dc.subjectTARGETS
dc.subjectTAX
dc.subjectTAX RATES
dc.subjectTAX REFORM
dc.subjectTECHNICAL SKILLS
dc.subjectTELECOM
dc.subjectTELECOMMUNICATIONS
dc.subjectTELEPHONE
dc.subjectTOLL
dc.subjectTRADE FACILITATION
dc.subjectTRADE REGIMES
dc.subjectTRANSIT
dc.subjectTRANSPARENCY
dc.subjectTRANSPORT
dc.subjectTRANSPORT NETWORK
dc.subjectTRANSPORT TAX
dc.subjectTRANSPORTATION
dc.subjectTRANSPORTATION INFRASTRUCTURE
dc.subjectTRANSPORTATION SYSTEM
dc.subjectTRAVEL COSTS
dc.subjectTURNAROUND TIMES
dc.subjectUNFAIR COMPETITION
dc.subjectUNION
dc.subjectURBAN AREAS
dc.subjectUSERS
dc.subjectUSES
dc.subjectVALUE CHAIN
dc.subjectVEHICLES
dc.subjectVILLAGES
dc.subjectWEALTH
dc.subjectWEB
dc.subjectWEB SITE
dc.subjectWORKING CAPITAL
dc.subjectWORLD TRADE
dc.titleMozambique - Investment Climate Assessment - 2009 : Sustaining and Broadening Growth

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