Following the donor-designed path to Mozambique’s US$2.2 billion secret debt deal

Hanlon, Joseph (2017). Following the donor-designed path to Mozambique’s US$2.2 billion secret debt deal. Third World Quarterly, 38(3) pp. 753–770.

URL:	http://bit.ly/3WQ-hanlon
DOI (Digital Object Identifier) Link:	https://doi.org/10.1080/01436597.2016.1241140
Google Scholar:	Look up in Google Scholar

Abstract

Strenuous efforts by donors and lenders over four decades turned Mozambique from a socialist success story into a neoliberal capitalist one. The private sector dominates; a domestic elite dependent on foreign companies has been created. But a secret US$2 billion arms and fishing boat deal involving Swiss and Russian banks and Mozambican purchases from France, Germany, and Israel, with large profits on all sides, was a step too far down the donor’s capitalist road. The International Monetary Fund cut off its programme and western donors ended budget support.

Item Type:	Journal Item
Copyright Holders:	2016 Southseries Inc.
ISSN:	1360-2241
Extra Information:	Author's final submitted version available on the Author's Home Page
Keywords:	Mozambique; Ematum; secret loan; donor; IMF, corruption; neoliberalism; tuna
Academic Unit/School:	Faculty of Arts and Social Sciences (FASS) > Politics, Philosophy, Economics, Development, Geography Faculty of Arts and Social Sciences (FASS)
Interdisciplinary Research Centre:	Innovation, Knowledge & Development research centre (IKD)
Item ID:	47670
Depositing User:	Joseph Hanlon
Date Deposited:	24 Oct 2016 08:10
Last Modified:	28 Feb 2017 17:45
URI:	http://oro.open.ac.uk/id/eprint/47670
Share this page:

Altmetrics

Actions (login may be required)

CORE (COnnecting REpositories)

Policies | Disclaimer