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Economic development and institutions in Mozambique: Factors affecting public financial management

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  • António S. Cruz
  • Fausto J. Mafambissa

Abstract

Mozambique has achieved incipient but still fragile socio-economic development since 1975. The public financial management system has been reformed and improved, but its performance has weakened since 2013. Applying an institutional economics approach, we have identified the economic growth strategy, the separation of powers principle, and the degree of decentralization as key factors affecting the public financial management system.

Suggested Citation

  • António S. Cruz & Fausto J. Mafambissa, 2020. "Economic development and institutions in Mozambique: Factors affecting public financial management," WIDER Working Paper Series wp-2020-133, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2020-133
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    References listed on IDEAS

    as
    1. North,Douglass C., 1991. "Institutions, Institutional Change and Economic Performance," Cambridge Books, Cambridge University Press, number 9780521394161, September.
    2. Matt Andrews, 2010. "How Far Have Public Financial Management Reforms Come in Africa?," CID Working Papers 208, Center for International Development at Harvard University.
    3. Mr. Francis Vitek, 2009. "An Assessment of External Price Competitiveness for Mozambique," IMF Working Papers 2009/165, International Monetary Fund.
    4. 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).
    5. António S. Cruz & Fausto J. Mafambissa, 2016. "Industries without smokestacks: Mozambique country case study," WIDER Working Paper Series wp-2016-158, World Institute for Development Economic Research (UNU-WIDER).
    6. Andrews, Matt, 2010. "How Far Have Public Financial Management Reforms Come in Africa?," Working Paper Series rwp10-018, Harvard University, John F. Kennedy School of Government.
    7. Andrews, Matthew R., 2010. "How Far Have Public Financial Management Reforms Come in Africa?," Scholarly Articles 4448885, Harvard Kennedy School of Government.
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    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).

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