Word: mozambiqueã
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...Mozambique??€™s President Joaquim Chissano delivered an uplifting speech at the Kennedy School of Government yesterday, praising multinational organizations for promoting peace and development in Africa...
Growth forecasts for 2003 reveal this plight in stark contrast. While Zimbabwe faces the worst situation of any country, with a predicted 10 percent GDP decline, its neighbor Mozambique??€”with which it shares an expansive common border, cultural affinities, similar resources, geography and climate—will surge forward with a stunning 10 percent GDP growth, making it the third fastest growing nation...
Making no excuses, Mozambique??€™s astonishing GDP growth rate of 10 percent per year over five years has persisted in the face of February 2000’s devastating floods. The president has privatized 900 of 1,200 state firms, tamed inflation into single digits, avoided foreign debt and encouraged foreign investment...
Strong individual rights that protect property and prevent persecution fuel this new growth. Although far too much poverty and corruption persist, Mozambique??€™s poor are thankful to avoid Zimbabwe’s absolute poverty, famine and persecution...
Zimbabwe’s current squalor is perplexing given its favorable history. With a flourishing economy under British rule and continuing prosperity early in its independence, Zimbabwe’s GDP growth exceeded 20 percent in 1980. Zimbabwe never endured Mozambique??€™s harsh Communist rule, decades of war or such devastating floods. Its circumstances, infrastructure and vast resources should seemingly facilitate continued growth...