Mozambique Flashcards

1
Q

2005-2009 annual growth averaged

A

7.6% of GDP

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2
Q

(IMF 2011) income per capita increased by…

A

5% each year

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3
Q

Colonial history

A

formerly Portuguese

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4
Q

Independence gained

A

1974

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5
Q

Civil war

A

1974-92

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6
Q

Peace dividend

A

frelime won all elections
undertaken SAPs (socialism abandoned)
economic performance = good
Big AID flows

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7
Q

Why classed as (false) success?

A
GDP growth over a decade = 5.7% 
never left bottom 10% of HDI
50% below poverty line
sunk costs - AID
validates neoliberal model 
success = sticky - peace dividend
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8
Q

Did market liberalisation and SAPs spread development in Mozambique?

A

HDI = 185

‘success story’

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9
Q

Life in informal Barrios

A

informal activity
inadequate services
overcrowding
food insecurity

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10
Q

Food insecurity in Maputo

A

86% have a constant lack of accessibility

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11
Q

Household income per month in Barrios

A

$144 (6.9 people per house)

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12
Q

What years were there food riots in Maputo?

A

2008 and 2010

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13
Q

Economic liberalisation caused urban food insecurity and unrest because…

A

imports cheaper than locally produced goods

increased vulnerability to global price variation

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14
Q

Informalisation and urbanisation

A

enclaved spaces
‘extraversion’ - understanding between foreign capital and local elites
car repair and reuse in absence of regulation and vehicle standardisation

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15
Q

Growing economy and persistent poverty

A

Increased consumption of foreign goods
Contrast to S.Korea between 1950s-80s
Growth figures used to frame ‘success’ - ‘market friendly’

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16
Q

Corruption in Japanese car exports

A

Mozambiquan trader buys car for re-export to Maputo
Corruption in customs through bribes and fees
Car sold in Maputo

17
Q

Chinese demand for timber

A

largest tropical hardwood forest
weak regulation and corruption
‘timber rush’
China replaced S.Africa as largest import of forest products

18
Q

Log shipments from China

A

2001: $8 mil
2010: $100 mil

19
Q

Neoliberalism

A
Investment e.g. BRICS 
widespread poverty 
some increased opportunities to consume
decline in formal 'modern' sector
dependency on natural resources
GDP increase with inequality increase
20
Q

Castel-Branco (2014)

A

On the whole, economy has significantly expanded
GDP, investment and trade increased
However, structurally vulnerable and growth has been ineffective in decreasing poverty
Investment in large resource based projects has pushed out smaller firms in domestic market
Investment has focused only on core and left out rest of economy
To improve quality of life - replicate similar conditions through whole economy with regards to labour/wages
Need consistency