Peace Without Profit: How the Imf Blocks Rebuilding in Mozambique (African Issues)

This text looks at the economic problems facing post-civil war Mozambique. It argues that following the dictates of the IMF/World Bank has prevented the country from rebuilding itself, and asks whether aid can ameliorate the distortions imposed by these organizations. The author explains the donor case, and considers what lessons there are for other African countries which must follow Mozambique's experience - Liberia, Rwanda, Zaire, Somalia, Sudan and Angola.