Mozambique has demonstrated a strong commitment to improved food security and nutrition by focusing on key agricultural growth corridors in the country which take advantage of existing key infrastructure and significant agricultural potential. Together, the Government of Mozambique and the G8 members has commited to the “New Alliance for Food Security and Nutrition” and to working together to generate greater private investment in agricultural development, scale innovation, achieve sustainable food security outcomes, reduce poverty and end hunger
The main objective of the “Cesta Básica” is to protect the poor and vulnerable from expected increasing prices. It targets also the social stability of youth that cannot find jobs and face difficult economic and social pressures. The “Cesta Básica” should be a rapid disbursements and impact instrument. The proposal is to redirect the Cesta to 3 possible alternatives: (i) cash-for-work program; (ii) school feeding program; or (iii) women’s protection program.
Mozambique is set to become a world-class natural resource exporter with projections indicating that it will experience rapid increases in windfall revenues over the next several decades and well beyond. While this is welcome news for a low-income country with a substantial proportion of the population below the poverty line, it implies some potential economic management problems ahead. The main concern is the poor economic record of many other low-income countries with large natural resource endowments. Often these countries have experienced inferior rates of growth compared with countries lacking such endowments. This pattern, known as the natural resource curse has been documented in empirical research across a wide sample of nations. This page reflects the evolution of work and thought at SPEED on issues related to the natural resource boom over the lifetime of the program, as follows: