A Taxa de câmbio real e os produtos agrícolas de exportação em Moçambique

Abstract

The exchange rate can be a monetary policy instrument used to ensure balance or reduce external imbalances by improving the current account. An adequate exchange rate policy can be an important complement to the policy of liberalizing the prices of agricultural products (Bautista 1987:47). In the current context of peace in Mozambique, in which an economic environment favorable to growth is envisaged, it is urgent to find alternatives internally to rebuild international reserves and reduce the degree of external economic dependence. Agriculture was and continues to be one of the most important sectors of the Mozambican economy. It has a contribution of 51.4% of the volume exported from 1970 to 1980. In the share of the gross domestic product (GDP) 60% and of agriculture, while it occupies 75% of the active population (World Bank 1990:100). Studies of exchange rate effects have traditionally focused on the nominal exchange rate. Currently, greater focus is given to the study of exchange rate variations due to their relationship with exports. (TRADUÇÃO NOSSA)