Economic policy of Angola and development of its national economy
The article describes the state and development of Angolan economy. From being one of the strongest economies in Africa, Angola was transformed by long-term civil conflict into debris of its former fame. Fortunately, the fighting has finished a few years ago and fortunately again, Angola is rich in natural resources, above all in oil. This article looks at the recent developments of Angolan economy and the lack of government's good will and capacity to use the vast and growing oil revenue for the benefit of national economy. Thanks to the situation of world oil market Angolan government can easily push aside the international calls for reforms and transparency and access sufficient financial resources from the likes of China. Still, there is a hope Angolan government will yield under the international pressure and reform its macroeconomic policies. This is the premise for returning to Angola's former economic shape.
Volume (Year): 2009 (2009)
Issue (Month): 1 ()
|Contact details of provider:|| Postal: |
Phone: (02) 24 09 51 11
Fax: (02) 24 22 06 57
Web page: http://www.vse.cz/
More information through EDIRC
|Order Information:|| Postal: Redakce Acta Informatica Pragensia, Katedra systémové analýzy, Vysoká škola ekonomická v Praze, nám. W. Churchilla 4, 130 67 Praha 3|
Web: http://www.vse.cz/aip/ Email:
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- World Economic Forum & World Bank & African Development Bank, 2007. "The Africa Competitiveness Report 2007," World Bank Publications, The World Bank, number 6612.
When requesting a correction, please mention this item's handle: RePEc:prg:jnlaop:v:2009:y:2009:i:1:id:4:p:60-77. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Vaclav Subrta)
If references are entirely missing, you can add them using this form.