Abstract:
Mozambique is undergoing intensive socio-economic reforms to reconstruct war
damages and develop the nation. The reforms consist of economic liberalisation through structural
adjustment and monetarist economic stabilisation, e.g. government withdrawal from economic
activities, privatisation, deregulation, reduction of tariff levels on imports and tax on
investments, cuts of expenditure on social services, restrictive credit system, focus on
monetarism, increased taxation on individual income, etc. The nature of these reforms, on the
surface, leads to morally questionable conditions. There is social chaos and disintegration, high
indices of corruption, subtle recolonisation, decline of civil services, etc. At the
bottom lie the market ethics and fundamentalist theological discourse by dint of which the
World Bank and the International Monetary Fund deny historical consciousness, lack institutional
memory, vest themselves with unquestionable international authority, dictate and impose policies
without accountability for the social consequences. If there is any hope for Mozambicans, it lies
in development ethics which relies heavily on the liberation motif, historical consciousness, and
African Heritage.