| ID | 151522 |
| Title Proper | Following the donor-designed path to Mozambique’s US$2.2 billion secret debt deal |
| Language | ENG |
| Author | Hanlon, Joseph |
| Summary / Abstract (Note) | 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$2.2 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. |
| `In' analytical Note | Third World Quarterly Vol. 38, No.3; 2017: p.753-770 |
| Journal Source | Third World Quarterly Vol: 38 No 3 |
| Key Words | IMF ; Mozambique ; Corruption ; Neoliberal ; Donor ; TUNA ; Ematum ; Secret loan |