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Angola’s Macroeconomy and Agricultural Growth

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  • Kyle, Steven C.

Abstract

This paper discusses the effects of Angola’s mineral wealth on the process of agricultural development. Though Angola has a rich agricultural resource base its history of civil war and extreme real exchange rate distortions has resulted in agricultural stagnation through many parts of the country. Though the security situation is now much improved, current high oil prices along with oil output increases mean that pressures on the real exchange rate will remain a fact of life for the foreseeable future.

Suggested Citation

  • Kyle, Steven C., 2010. "Angola’s Macroeconomy and Agricultural Growth," Working Papers 57043, Cornell University, Department of Applied Economics and Management.
  • Handle: RePEc:ags:cudawp:57043
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    File URL: http://purl.umn.edu/57043
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    References listed on IDEAS

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    1. Xavier Sala-i-Martin & Arvind Subramanian, 2013. "Addressing the Natural Resource Curse: An Illustration from Nigeria," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 22(4), pages 570-615, August.
    2. Jonathan Isham & Michael Woolcock & Lant Pritchett & Gwen Busby, 2003. "The Varieties of Resource Experience: How Natural Resource Export Structures Affect the Political Economy of Economic Growth," Middlebury College Working Paper Series 0308, Middlebury College, Department of Economics.
    3. Corden, W M, 1984. "Booming Sector and Dutch Disease Economics: Survey and Consolidation," Oxford Economic Papers, Oxford University Press, vol. 36(3), pages 359-380, November.
    4. Paolo Mauro, 1995. "Corruption and Growth," The Quarterly Journal of Economics, Oxford University Press, vol. 110(3), pages 681-712.
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    Keywords

    Financial Economics; Resource /Energy Economics and Policy;

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