Posts Tagged 'World Bank'

Mozambique’s Elite Development and Mass Poverty

A visit to Mozambique’s capital can be an experience in luxury. Maputo’s newly-built international airport sells aftershaves for $230 and bottles of Dom Perignon for $320. But for the majority of the country’s citizens, Mozambique represents something very different. GDP and growth rates say little of the distribution of wealth and living conditions, and the country’s incredible riches exist alongside crippling poverty.