Angola : Oil, Broad-Based Growth, and Equity

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dc.creatorWorld Bank
dc.date2012-05-31T18:00:07Z
dc.date2012-05-31T18:00:07Z
dc.date2007
dc.date.accessioned2026-07-01T00:57:30Z
dc.descriptionThis book points out that the main issues confronting the Angolan authorities in their efforts to consolidate macroeconomic stability on a sustainable basis and in promoting an improvement in the welfare of the Angolan citizens do not seem to differ significantly from those addressed in the 1990 report. Therefore, in the current Country Economic Memorandum, the Bank reassesses some of the key issues that remain relevant nowadays and that should help the Angolan economy reach a path of sustainable economic development. The analysis in this report centers around the following four core issues: (i) taking stock of socio-economic realities; (ii) the options available for the management of the country's mineral wealth without deleterious macroeconomic consequences; (iii) the main constraints to economic diversification away from the mineral sectors; and (iv) the challenges and opportunities to improve the welfare of the population. Each of these core issues forms the building blocks that provide an overview of the current situation and a possible solution to Angola's structural problems in the short to the medium term. The report thus plays an informative role and offers policy recommendations. In Chapter 1, the analysis starts with a brief discussion of socio-economic realities in the country. In Chapter 2, a comprehensive macroeconomic assessment is presented highlighting major past features, the country's constant search for stability, and recent successes in the macroeconomic front. In Chapter 3, the report discusses the structure of the petroleum sector, the future production profile, the size of the oil wealth, and policy options to manage the revenue windfall. Chapter 4 focuses on the diamond sector, its structure, legal and fiscal framework, and explores ways in which the sector can improve its contribution to social development. In Chapter 5, the report assesses the quality of the business environment and the opportunities to improve the investment climate. Chapter 6 discusses alternatives to unleash the potential of the agricultural sector in generating employment outside of the mineral sectors. Finally in Chapter 7, the analysis focuses on how to improve the livelihoods of the poor and of the vulnerable with recommendations on how to use the mineral wealth to improve public service delivery targeted to the poor.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2007/01/8092542/angola-oil-broad-based-growth-equity
dc.identifier0-8213-7102-9
dc.identifierhttps://hdl.handle.net/10986/6759
dc.identifierhttps://doi.org/10.1596/978-0-8213-7102-2
dc.identifier.urihttp://hdl.handle.net/123456789/413500
dc.languageEnglish
dc.languageen_US
dc.publisherWashington, DC: World Bank
dc.relationWorld Bank Country Study
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo
dc.rightsWorld Bank
dc.subjectAUDITOR
dc.subjectBUSINESS ENVIRONMENT
dc.subjectCENTRAL BANK
dc.subjectCIVIL SOCIETY
dc.subjectCIVIL WAR
dc.subjectCIVIL WARS
dc.subjectCOMMODITY
dc.subjectCOMMODITY EXPORTS
dc.subjectCONSUMER
dc.subjectCONSUMER PRICE INDEX
dc.subjectCONSUMER PRICE INFLATION
dc.subjectCOPYRIGHT CLEARANCE
dc.subjectCOPYRIGHT CLEARANCE CENTER
dc.subjectCORPORATE SOCIAL RESPONSIBILITY
dc.subjectCORRUPTION
dc.subjectCORRUPTION PERCEPTION
dc.subjectCORRUPTION PERCEPTION INDICES
dc.subjectCORRUPTION PERCEPTIONS
dc.subjectCORRUPTION PERCEPTIONS INDEX
dc.subjectCPI
dc.subjectCURRENCY
dc.subjectDECENTRALIZATION
dc.subjectDEMOCRACY
dc.subjectDEPOSITS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT BANK
dc.subjectDISPUTE RESOLUTION
dc.subjectDIVIDEND
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC REALITIES
dc.subjectEMPLOYMENT
dc.subjectEXCHANGE RATE
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectEXPORTER
dc.subjectEXPORTERS
dc.subjectFINANCE MANAGEMENT
dc.subjectFISCAL DEFICITS
dc.subjectFISCAL POLICY
dc.subjectFISCAL POSITION
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN EXCHANGE
dc.subjectGOVERNMENT EXPENDITURE
dc.subjectGOVERNMENT POLICIES
dc.subjectGOVERNMENT REVENUE
dc.subjectGOVERNMENT REVENUES
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROSS REVENUE
dc.subjectHUMAN DEVELOPMENT
dc.subjectINCOME
dc.subjectINCOME SOURCES
dc.subjectINCOME TAX
dc.subjectINCOMES
dc.subjectINFLATION
dc.subjectINFLATION RATE
dc.subjectINFLATION RATES
dc.subjectINSTITUTIONAL CAPACITY
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectINTERNATIONAL FINANCIAL INSTITUTIONS
dc.subjectINTERNATIONAL RESERVES
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT DECISIONS
dc.subjectINVESTMENT PROGRAM
dc.subjectINVESTOR PROTECTION
dc.subjectJOINT VENTURES
dc.subjectLEADERSHIP
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGISLATION
dc.subjectLIVING STANDARDS
dc.subjectMACROECONOMIC MANAGEMENT
dc.subjectMACROECONOMIC PERFORMANCE
dc.subjectMACROECONOMIC POLICY
dc.subjectMACROECONOMIC STABILIZATION
dc.subjectMARKET ECONOMY
dc.subjectMINISTER
dc.subjectMINISTERS
dc.subjectMONETARY FUND
dc.subjectMONEY CREATION
dc.subjectNATURAL RESOURCE
dc.subjectNATURAL RESOURCES
dc.subjectOIL PRICE
dc.subjectOIL RESERVES
dc.subjectOPEN ECONOMY
dc.subjectOUTPUT
dc.subjectPOLITICAL RISKS
dc.subjectPRIVATE SECTOR DEVELOPMENT
dc.subjectPRIVATE SECTOR INVESTMENT
dc.subjectPRODUCTIVE INVESTMENTS
dc.subjectPRODUCTIVITY
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC EXPENDITURES
dc.subjectPUBLIC FINANCE
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC SERVICE DELIVERY
dc.subjectPUBLIC SERVICES
dc.subjectRATE OF INFLATION
dc.subjectREGIONAL INTEGRATION
dc.subjectRESERVES
dc.subjectRESOURCE MANAGEMENT
dc.subjectRESUME
dc.subjectSAVINGS
dc.subjectSENIOR
dc.subjectSETTLEMENT
dc.subjectSOCIAL ISSUES
dc.subjectSOCIAL SERVICES
dc.subjectSTAKEHOLDERS
dc.subjectSTATE INTERVENTION
dc.subjectSUB-SAHARAN AFRICA
dc.subjectSUBSIDIARY
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectTAX
dc.subjectTOTAL COSTS
dc.subjectTRANSACTION
dc.subjectTRANSPARENCY
dc.subjectTRANSPARENCY INITIATIVE
dc.subjectURBAN ECONOMY
dc.subjectVALUABLE
dc.subjectWORLD MARKET
dc.titleAngola : Oil, Broad-Based Growth, and Equity

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