Maximizing the impact of mineral resources development to benefit the Mozambican people: state intervention, the best policy to move forward

Abstract

This dissertation explores to what extent the abundant mineral resources in Mozambique represent an opportunity for the country to boost its economy and improve its people’s living conditions. The dissertation’s central argument is that Mozambique could take advantage of its plethora of mineral resources to achieve sustainable economic growth and inclusive development by augmenting mineral resources linkages: backward, forward, knowledge, fiscal and spatial. In the context of Mozambique, the heterodox economic development policy is indispensable. It has been arged that Industrial Policy is one of the most dynamic and important developmental policies that a country like Mozambique should adopt to maximize the impact of mineral resources to benefit the Mozambicans. As a country, Mozambique underwent comprehensive policy and legal framework reform to respond to the sector’s current challenges. However, the key finding of the research claims that the current policy and regulatory framework is still limited; it is unlikely to promote sound management of the existing mineral resources.