Angola : Oil, Broad-Based Growth, and Equity

This 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 diffe...

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Main Author: World Bank
Format: Publication
Language:English
en_US
Published: Washington, DC: World Bank 2012
Subjects:
CPI
TAX
Online Access:http://documents.worldbank.org/curated/en/2007/01/8092542/angola-oil-broad-based-growth-equity
http://hdl.handle.net/10986/6759
id okr-10986-6759
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic AUDITOR
BUSINESS ENVIRONMENT
CENTRAL BANK
CIVIL SOCIETY
CIVIL WAR
CIVIL WARS
COMMODITY
COMMODITY EXPORTS
CONSUMER
CONSUMER PRICE INDEX
CONSUMER PRICE INFLATION
COPYRIGHT CLEARANCE
COPYRIGHT CLEARANCE CENTER
CORPORATE SOCIAL RESPONSIBILITY
CORRUPTION
CORRUPTION PERCEPTION
CORRUPTION PERCEPTION INDICES
CORRUPTION PERCEPTIONS
CORRUPTION PERCEPTIONS INDEX
CPI
CURRENCY
DECENTRALIZATION
DEMOCRACY
DEPOSITS
DEVELOPING COUNTRIES
DEVELOPMENT BANK
DISPUTE RESOLUTION
DIVIDEND
ECONOMIC DEVELOPMENT
ECONOMIC REALITIES
EMPLOYMENT
EXCHANGE RATE
EXPENDITURE
EXPENDITURES
EXPORTER
EXPORTERS
FINANCE MANAGEMENT
FISCAL DEFICITS
FISCAL POLICY
FISCAL POSITION
FOREIGN DIRECT INVESTMENT
FOREIGN EXCHANGE
GOVERNMENT EXPENDITURE
GOVERNMENT POLICIES
GOVERNMENT REVENUE
GOVERNMENT REVENUES
GROSS DOMESTIC PRODUCT
GROSS REVENUE
HUMAN DEVELOPMENT
INCOME
INCOME SOURCES
INCOME TAX
INCOMES
INFLATION
INFLATION RATE
INFLATION RATES
INSTITUTIONAL CAPACITY
INTERNATIONAL BANK
INTERNATIONAL DEVELOPMENT
INTERNATIONAL FINANCIAL INSTITUTIONS
INTERNATIONAL RESERVES
INVESTMENT CLIMATE
INVESTMENT DECISIONS
INVESTMENT PROGRAM
INVESTOR PROTECTION
JOINT VENTURES
LEADERSHIP
LEGAL FRAMEWORK
LEGISLATION
LIVING STANDARDS
MACROECONOMIC MANAGEMENT
MACROECONOMIC PERFORMANCE
MACROECONOMIC POLICY
MACROECONOMIC STABILIZATION
MARKET ECONOMY
MINISTER
MINISTERS
MONETARY FUND
MONEY CREATION
NATURAL RESOURCE
NATURAL RESOURCES
OIL PRICE
OIL RESERVES
OPEN ECONOMY
OUTPUT
POLITICAL RISKS
PRIVATE SECTOR DEVELOPMENT
PRIVATE SECTOR INVESTMENT
PRODUCTIVE INVESTMENTS
PRODUCTIVITY
PUBLIC EXPENDITURE
PUBLIC EXPENDITURES
PUBLIC FINANCE
PUBLIC INVESTMENT
PUBLIC SERVICE DELIVERY
PUBLIC SERVICES
RATE OF INFLATION
REGIONAL INTEGRATION
RESERVES
RESOURCE MANAGEMENT
RESUME
SAVINGS
SENIOR
SETTLEMENT
SOCIAL ISSUES
SOCIAL SERVICES
STAKEHOLDERS
STATE INTERVENTION
SUB-SAHARAN AFRICA
SUBSIDIARY
SUSTAINABLE DEVELOPMENT
TAX
TOTAL COSTS
TRANSACTION
TRANSPARENCY
TRANSPARENCY INITIATIVE
URBAN ECONOMY
VALUABLE
WORLD MARKET
spellingShingle AUDITOR
BUSINESS ENVIRONMENT
CENTRAL BANK
CIVIL SOCIETY
CIVIL WAR
CIVIL WARS
COMMODITY
COMMODITY EXPORTS
CONSUMER
CONSUMER PRICE INDEX
CONSUMER PRICE INFLATION
COPYRIGHT CLEARANCE
COPYRIGHT CLEARANCE CENTER
CORPORATE SOCIAL RESPONSIBILITY
CORRUPTION
CORRUPTION PERCEPTION
CORRUPTION PERCEPTION INDICES
CORRUPTION PERCEPTIONS
CORRUPTION PERCEPTIONS INDEX
CPI
CURRENCY
DECENTRALIZATION
DEMOCRACY
DEPOSITS
DEVELOPING COUNTRIES
DEVELOPMENT BANK
DISPUTE RESOLUTION
DIVIDEND
ECONOMIC DEVELOPMENT
ECONOMIC REALITIES
EMPLOYMENT
EXCHANGE RATE
EXPENDITURE
EXPENDITURES
EXPORTER
EXPORTERS
FINANCE MANAGEMENT
FISCAL DEFICITS
FISCAL POLICY
FISCAL POSITION
FOREIGN DIRECT INVESTMENT
FOREIGN EXCHANGE
GOVERNMENT EXPENDITURE
GOVERNMENT POLICIES
GOVERNMENT REVENUE
GOVERNMENT REVENUES
GROSS DOMESTIC PRODUCT
GROSS REVENUE
HUMAN DEVELOPMENT
INCOME
INCOME SOURCES
INCOME TAX
INCOMES
INFLATION
INFLATION RATE
INFLATION RATES
INSTITUTIONAL CAPACITY
INTERNATIONAL BANK
INTERNATIONAL DEVELOPMENT
INTERNATIONAL FINANCIAL INSTITUTIONS
INTERNATIONAL RESERVES
INVESTMENT CLIMATE
INVESTMENT DECISIONS
INVESTMENT PROGRAM
INVESTOR PROTECTION
JOINT VENTURES
LEADERSHIP
LEGAL FRAMEWORK
LEGISLATION
LIVING STANDARDS
MACROECONOMIC MANAGEMENT
MACROECONOMIC PERFORMANCE
MACROECONOMIC POLICY
MACROECONOMIC STABILIZATION
MARKET ECONOMY
MINISTER
MINISTERS
MONETARY FUND
MONEY CREATION
NATURAL RESOURCE
NATURAL RESOURCES
OIL PRICE
OIL RESERVES
OPEN ECONOMY
OUTPUT
POLITICAL RISKS
PRIVATE SECTOR DEVELOPMENT
PRIVATE SECTOR INVESTMENT
PRODUCTIVE INVESTMENTS
PRODUCTIVITY
PUBLIC EXPENDITURE
PUBLIC EXPENDITURES
PUBLIC FINANCE
PUBLIC INVESTMENT
PUBLIC SERVICE DELIVERY
PUBLIC SERVICES
RATE OF INFLATION
REGIONAL INTEGRATION
RESERVES
RESOURCE MANAGEMENT
RESUME
SAVINGS
SENIOR
SETTLEMENT
SOCIAL ISSUES
SOCIAL SERVICES
STAKEHOLDERS
STATE INTERVENTION
SUB-SAHARAN AFRICA
SUBSIDIARY
SUSTAINABLE DEVELOPMENT
TAX
TOTAL COSTS
TRANSACTION
TRANSPARENCY
TRANSPARENCY INITIATIVE
URBAN ECONOMY
VALUABLE
WORLD MARKET
World Bank
Angola : Oil, Broad-Based Growth, and Equity
geographic_facet Africa
Angola
relation World Bank Country Study
description This 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.
format Publications & Research :: Publication
author World Bank
author_facet World Bank
author_sort World Bank
title Angola : Oil, Broad-Based Growth, and Equity
title_short Angola : Oil, Broad-Based Growth, and Equity
title_full Angola : Oil, Broad-Based Growth, and Equity
title_fullStr Angola : Oil, Broad-Based Growth, and Equity
title_full_unstemmed Angola : Oil, Broad-Based Growth, and Equity
title_sort angola : oil, broad-based growth, and equity
publisher Washington, DC: World Bank
publishDate 2012
url http://documents.worldbank.org/curated/en/2007/01/8092542/angola-oil-broad-based-growth-equity
http://hdl.handle.net/10986/6759
_version_ 1764398423037968384
spelling okr-10986-67592021-04-23T14:02:26Z Angola : Oil, Broad-Based Growth, and Equity World Bank AUDITOR BUSINESS ENVIRONMENT CENTRAL BANK CIVIL SOCIETY CIVIL WAR CIVIL WARS COMMODITY COMMODITY EXPORTS CONSUMER CONSUMER PRICE INDEX CONSUMER PRICE INFLATION COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER CORPORATE SOCIAL RESPONSIBILITY CORRUPTION CORRUPTION PERCEPTION CORRUPTION PERCEPTION INDICES CORRUPTION PERCEPTIONS CORRUPTION PERCEPTIONS INDEX CPI CURRENCY DECENTRALIZATION DEMOCRACY DEPOSITS DEVELOPING COUNTRIES DEVELOPMENT BANK DISPUTE RESOLUTION DIVIDEND ECONOMIC DEVELOPMENT ECONOMIC REALITIES EMPLOYMENT EXCHANGE RATE EXPENDITURE EXPENDITURES EXPORTER EXPORTERS FINANCE MANAGEMENT FISCAL DEFICITS FISCAL POLICY FISCAL POSITION FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE GOVERNMENT EXPENDITURE GOVERNMENT POLICIES GOVERNMENT REVENUE GOVERNMENT REVENUES GROSS DOMESTIC PRODUCT GROSS REVENUE HUMAN DEVELOPMENT INCOME INCOME SOURCES INCOME TAX INCOMES INFLATION INFLATION RATE INFLATION RATES INSTITUTIONAL CAPACITY INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL RESERVES INVESTMENT CLIMATE INVESTMENT DECISIONS INVESTMENT PROGRAM INVESTOR PROTECTION JOINT VENTURES LEADERSHIP LEGAL FRAMEWORK LEGISLATION LIVING STANDARDS MACROECONOMIC MANAGEMENT MACROECONOMIC PERFORMANCE MACROECONOMIC POLICY MACROECONOMIC STABILIZATION MARKET ECONOMY MINISTER MINISTERS MONETARY FUND MONEY CREATION NATURAL RESOURCE NATURAL RESOURCES OIL PRICE OIL RESERVES OPEN ECONOMY OUTPUT POLITICAL RISKS PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR INVESTMENT PRODUCTIVE INVESTMENTS PRODUCTIVITY PUBLIC EXPENDITURE PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC INVESTMENT PUBLIC SERVICE DELIVERY PUBLIC SERVICES RATE OF INFLATION REGIONAL INTEGRATION RESERVES RESOURCE MANAGEMENT RESUME SAVINGS SENIOR SETTLEMENT SOCIAL ISSUES SOCIAL SERVICES STAKEHOLDERS STATE INTERVENTION SUB-SAHARAN AFRICA SUBSIDIARY SUSTAINABLE DEVELOPMENT TAX TOTAL COSTS TRANSACTION TRANSPARENCY TRANSPARENCY INITIATIVE URBAN ECONOMY VALUABLE WORLD MARKET This 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. 2012-05-31T18:00:07Z 2012-05-31T18:00:07Z 2007 http://documents.worldbank.org/curated/en/2007/01/8092542/angola-oil-broad-based-growth-equity 0-8213-7102-9 http://hdl.handle.net/10986/6759 English en_US World Bank Country Study CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication Africa Angola