Carlos Nuno Castel-Branco

Desafios para Moçambique, 2022

Abstract:

This issue of Desafios para Moçambique (2022) comes as the country faces enormous challenges – the war in Cabo Delgado, with some signs of expansion into other provinces; the Rovuma basin gas extraction and liquefaction projects, which realise some 24 Challenges for Mozambique 2022 Introduction of the greatest challenges in Mozambique’s economic history; the lingering effects of the global crisis, the bursting and implosion of the economic bubble, of which the sovereign debt crisis was a manifestation, and the social and economic after-effects of the covid-19 pandemic. These challenges and crises stimulated research and resulted in lessons, some of which are developed in this issue. Recently ended in Maputo, the trial of some of the state agents and private agents involved in the illicit international financial transactions that resulted in the odious debts. What was already clear before – that these illicit transactions are a reflection of more general dynamics of expropriation, privatisation and financialisation of the state for private accumulation of capital, even if this is done at heavy social costs – has, if possible, become clearer. The hypothesis that the legal process, which we had the opportunity to follow for about a year and a half, only touched on the recipients of commissions for corruption and influence peddling, the executors of the great default against the public purse, was confirmed.

Quotation:

Castel-Branco, C.N., Ali, R., Chichava, S., Forquilha, S., Muianga, C. (2022) Desafios para Moçambique, 2022. IESE. Maputo, Moçambique. ISBN: 978-989-8464-58-3