IDEAS home Printed from https://ideas.repec.org/p/unu/wpaper/wp-2018-140.html
   My bibliography  Save this paper

Mozambique—bust before boom: Reflections on investment surges and new gas

Author

Listed:
  • Alan R. Roe

Abstract

This paper is a sequel to an earlier paper that looked in broad terms at many of the issues that Mozambique faces today in managing its new extractive resources. The paper first describes the investment surge that has already been prompted by new gas discoveries in Mozambique. It then summarizes some of the more recent literature that has examined the effects of such surges in other country contexts.

Suggested Citation

  • Alan R. Roe, 2018. "Mozambique—bust before boom: Reflections on investment surges and new gas," WIDER Working Paper Series wp-2018-140, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2018-140
    as

    Download full text from publisher

    File URL: https://www.wider.unu.edu/sites/default/files/Publications/Working-paper/PDF/wp2018-140.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Rabah Arezki & Valerie A. Ramey & Liugang Sheng, 2017. "News Shocks in Open Economies: Evidence from Giant Oil Discoveries," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 132(1), pages 103-155.
    2. Evelyn Dietsche & Ana Maria Esteves, 2018. "What are the prospects for Mozambique to diversify its economy on the back of 'local content'?," WIDER Working Paper Series wp-2018-113, World Institute for Development Economic Research (UNU-WIDER).
    3. Agénor, Pierre-Richard, 2010. "A theory of infrastructure-led development," Journal of Economic Dynamics and Control, Elsevier, vol. 34(5), pages 932-950, May.
    4. Barro, Robert J, 1990. "Government Spending in a Simple Model of Endogenous Growth," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 103-126, October.
    5. Glada Lahn & Paul Stevens, 2017. "The curse of the one-size-fits-all fix: Re-evaluating what we know about extractives and economic development," WIDER Working Paper Series wp-2017-21, World Institute for Development Economic Research (UNU-WIDER).
    6. Robert J. Barro & Xavier Sala-I-Martin, 1992. "Public Finance in Models of Economic Growth," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 59(4), pages 645-661.
    7. Alan R. Roe & Samantha Dodd, 2017. "Dependence on extractive industries in lower-income countries: The statistical tendencies," WIDER Working Paper Series wp-2017-98, World Institute for Development Economic Research (UNU-WIDER).
    8. Alan R. Roe & Samantha Dodd, 2017. "Dependence on extractive industries in lower-income countries: The statistical tendencies," WIDER Working Paper Series 098, World Institute for Development Economic Research (UNU-WIDER).
    9. Mahamudu Bawumia & Håvard Halland, 2017. "Oil discovery and macroeconomic management: The recent Ghanaian experience," WIDER Working Paper Series 185, World Institute for Development Economic Research (UNU-WIDER).
    10. Frederick van der Ploeg & Anthony J. Venables, 2017. "Extractive revenues and government spending: Short- versus long-term considerations," WIDER Working Paper Series wp-2017-45, World Institute for Development Economic Research (UNU-WIDER).
    11. Antonio S. Cruz & Fausto J. Mafambissa, 2016. "Industries without smokestacks: Mozambique country case study," WIDER Working Paper Series 158, World Institute for Development Economic Research (UNU-WIDER).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. António S. Cruz & Ines A. Ferreira & Johnny Flentø & Finn Tarp & Mariam Umarji, 2021. "The saga and limits of public financial management: The Mozambican case," WIDER Working Paper Series wp-2021-136, World Institute for Development Economic Research (UNU-WIDER).
    2. Jose Jaime Macuane & Carlos Muianga, 2020. "Natural resources, institutions, and economic transformation in Mozambique," WIDER Working Paper Series wp-2020-136, World Institute for Development Economic Research (UNU-WIDER).
    3. Tony Addison & Alan R. Roe, 2024. "Extractive industries: transforming states and improving economic management," WIDER Working Paper Series wp-2024-33, World Institute for Development Economic Research (UNU-WIDER).
    4. Arena, Marika & Azzone, Giovanni & Dell’Agostino, Laura & Scotti, Francesco, 2022. "Precision policies and local content targets in resource-rich developing countries: The case of the oil and gas sector in Mozambique," Resources Policy, Elsevier, vol. 76(C).
    5. Silvana Mondlane & Dirk van Seventer, 2019. "Evaluating foreign direct investment in Mozambique's natural gas industry: An economy-wide perspective," WIDER Working Paper Series wp-2019-103, World Institute for Development Economic Research (UNU-WIDER).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Alan R. Roe, 2018. "Mozambique—bust before boom: Reflections on investment surges and new gas," WIDER Working Paper Series 140, World Institute for Development Economic Research (UNU-WIDER).
    2. Alan R. Roe, 2018. "Extractive industries and development: Lessons from international experience for Mozambique," WIDER Working Paper Series 56, World Institute for Development Economic Research (UNU-WIDER).
    3. Alan R. Roe, 2018. "Extractive industries and development: Lessons from international experience for Mozambique," WIDER Working Paper Series wp-2018-56, World Institute for Development Economic Research (UNU-WIDER).
    4. Åsa Johansson, 2016. "Public Finance, Economic Growth and Inequality: A Survey of the Evidence," OECD Economics Department Working Papers 1346, OECD Publishing.
    5. Vincent Géronimi & Claire Mainguy, 2020. "Exploitation minière et développement : des effets toujours controversés. Introduction," Mondes en développement, De Boeck Université, vol. 0(1), pages 7-29.
    6. Jalles, João Tovar & Park , Donghyun & Qureshi, Irfan, 2024. "Public versus Private Investment Multipliers in Emerging Market and Developing Economies: Cross-Country Analysis with a Focus on Asia," ADB Economics Working Paper Series 737, Asian Development Bank.
    7. Ingrid Ott & Stephen J. Turnovsky, 2006. "Excludable and Non‐excludable Public Inputs: Consequences for Economic Growth," Economica, London School of Economics and Political Science, vol. 73(292), pages 725-748, November.
    8. Gustavo Marrero, 2010. "Tax-mix, public spending composition and growth," Journal of Economics, Springer, vol. 99(1), pages 29-51, February.
    9. Uk Heo & John Bohte, 2012. "Who Pays for National Defense? Financing Defense Programs in the United States, 1947–2007," Journal of Conflict Resolution, Peace Science Society (International), vol. 56(3), pages 413-438, June.
    10. Jaime Alonso-Carrera & Maria Jesus Freire-Seren & Baltasar Manzano, 2008. "Macroeconomic Effects From The Regional Allocation Of Public Capital Formation," CAMA Working Papers 2008-09, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    11. INCEU Adrian Mihai & ZAI Paul, 2012. "Budget Revenues In Eu-27," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 0(4), pages 342-351.
    12. Polterovich, Victor, 2001. "Rent Seeking, Tax Policy, and Economic Growth," MPRA Paper 20058, University Library of Munich, Germany.
    13. Aizenman, Joshua & Kletzer, Kenneth, 2007. "Economic Growth with Constraints on Tax Revenues and Public Debt: Implications for Fiscal Policy and Cross-Country Differences," Santa Cruz Department of Economics, Working Paper Series qt9421k9hq, Department of Economics, UC Santa Cruz.
    14. AVRAM Veronel & TOGOE Greti Daniela, 2012. "Considerations Regarding The Patrimonial Inventory In The Spirit Of European Acconting Regulations," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 0(4), pages 3-7.
    15. Long Xin & Pelloni Alessandra, 2011. "Welfare improving taxation on savings in a growth model," wp.comunite 0091, Department of Communication, University of Teramo.
    16. van Tuijl, Martin A. & de Groof, Robert J. & Kolnaar, Ad H. J., 1997. "Fiscal policy and public capital in interdependent economics," Economic Modelling, Elsevier, vol. 14(2), pages 279-300, April.
    17. J. Rodrigo Fuentes S. & Verónica Mies M., 2005. "Looking at Chile’s Economic Dvelopment From an International Perspective," Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 8(1), pages 7-33, April.
    18. Edward B. Barbier, 2004. "Water and Economic Growth," The Economic Record, The Economic Society of Australia, vol. 80(248), pages 1-16, March.
    19. Anwar, Sajid, 2005. "Specialisation-based external economies, supply of primary factors and government size," Journal of Economics and Business, Elsevier, vol. 57(3), pages 259-271.
    20. Guang Yang, 2009. "Local government expenditure, RBC model and regional business cycle in China-Take Tianjin for example," Frontiers of Economics in China, Springer;Higher Education Press, vol. 4(4), pages 588-600, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:unu:wpaper:wp-2018-140. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Siméon Rapin (email available below). General contact details of provider: https://edirc.repec.org/data/widerfi.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.