A current account deficit is sustainable when its underlying drivers support a smooth correction in the future. It is unsustainable when symptomatic of macroeconomic imbalances that would eventually trigger disruptive adjustments. ... See More + Although a current account deficit in itself is neither good nor bad, it is likely to be unsustainable and lead to harmful consequences when it is persistently large, fuels consumption rather than investment, occurs alongside excessive domestic credit growth, follows an overvalued exchange rate, or accompanies unrestrained fiscal deficits. Even though a current account deficit is often paralleled by deteriorating net foreign assets, it may not be as informative about immediate-term financial vulnerabilities as the size, maturity, and currency composition of gross financial stocks.  See Less -

Document Type: Brief Report No.: 130415 Document Date: OCT 01, 2018

Author: Devadas,Sharmila; Loayza,Norman V. Disclosure Status: Disclosed

Document Type: Procurement Plan Report No.: STEP11612 Document Date: AUG 07, 2018

Disclosure Status: Disclosed

Document Type: Procurement Plan Report No.: STEP10101 Document Date: JUN 06, 2018

Disclosure Status: Disclosed

Every year, the World Bank spends millions of dollars on development projects in its member countries. But do these investments reach the poor? ... See More + This note presents a spatial approach to examine the poverty footprint of Bank operations. This allows country management unit (CMUs) to identify missed investment opportunities and facilitates portfolio monitoring.  See Less -

Document Type: Brief Report No.: 126924 Document Date: JUN 01, 2018

Author: Nguyen,Nga Thi Viet; Hoogeveen,Johannes G. Disclosure Status: Disclosed

Document Type: Procurement Plan Report No.: STEP8860 Document Date: APR 20, 2018

Author: Sidibe,Moussa Fode Disclosure Status: Disclosed

Document Type: Procurement Plan Report No.: STEP7849 Document Date: MAR 15, 2018

Author: Sidibe,Moussa Fode Disclosure Status: Disclosed

Document Type: Procurement Plan Report No.: STEP7856 Document Date: MAR 15, 2018

Disclosure Status: Disclosed

Document Type: Procurement Plan Report No.: STEP6762 Document Date: FEB 01, 2018

Author: Cesaire Ahanhanzo Disclosure Status: Disclosed

Document Type: Procurement Plan Report No.: STEP6644 Document Date: JAN 26, 2018

Disclosure Status: Disclosed

Developments in the second half of 2017 indicate that the slowdown in Mozambique's economic performance may be taking hold, shifting this once fast-growing economy to a more modest pace of growth. ... See More + GDP growth is expected to dip to 3.1 percent in 2017, despite substantial increases in coal and aluminum exports. Whilst these exports boomed, small and medium enterprises (SMEs)have fallen back even further, especially in the manufacturing sector, which contracted for this first time since 1994. Current trends make it clear that Mozambique needs to redouble its efforts to support small and medium enterprises, and to look beyond the extractive sector for more balanced growth. The drift towards a natural resource extraction based economy with low employment generation makes the case for Mozambique to leverage off its growing and youthful population provides for future growth.  See Less -

Document Type: Working Paper Report No.: 122234 Document Date: DEC 01, 2017

Author: Mahdi,Shireen; Troiano,Sara; Holland,Peter Anthony; Massingue,Anna Carlotta Allen; Massarongo Chivulele,Fernanda Ailina Pedro; Mucavele,Adelina; Walker,David Ian; Herzog,Andre; Casal,Julian; Faria,Jorge Joao; Cossa,Humberto Albino; San Joaquin Polo,Miguel Angel Document also available in: English Disclosure Status: Disclosed