INVESTIMENTO DIRETO EXTERNO E DESENVOLVIMENTO ECONÔMICO AFRICANO: ESTUDO DE CASO DA ECONOMIA MOÇAMBICANA

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The article aims to discuss the role of FDI in the process of industrialization of the Mozambican economy. The major industrial sectors (textiles, cashew, rubber, glass, etc.) that had significant participation in the international and regional division of labour between the 1970s and 1980s were waxed or privatized throughout the 1990s. In the productive field, it was noted that by 2015, about 80% of the country's exports were under the control of multinational companies. Although the country was the second largest foreign capital destination, in the form of FDI in sub-Saharan Africa, the average contribution of megaprojects in the Gross Domestic Product (GDP) did not exceed 2% a.a. Based on the theoretical view of dependence, the survey found that the Mozambican state has become a "business-state" over the last two decades , reflecting the level of external public indebtedness. However, due to the structural characteristics of peripheral economies, the local bourgeoisie is subordinated to the interests of the world's financial capital and therefore gives priority to the minority shareholding gains in megaprojects, to the detriment of an idealization and creation of a development project of its own. Long-term sustainability for the country.

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