Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/52814 
Autor:innen: 
Erscheinungsjahr: 
2001
Schriftenreihe/Nr.: 
WIDER Discussion Paper No. 2001/47
Verlag: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Zusammenfassung: 
Angola’s difficulties in achieving macro-economic stability and economic liberalization have serious implications for private-sector development. Hyperinflation, and frequent policy reversal, constrain and distort investment in both the informal and formal parts of the private sector. But macro-economic instability arises in part out of mechanisms that subsidize powerful oligopolies, enabling them to capture a portion of the large oil rents. These subsidies, together with market controls, enable the oligopolies to profit at the expense of small- and micro-enterprises, thereby hindering the creation of more employment for Angola’s poor. Therefore the new private sector that is evolving in Angola owes its character to three factors: the course of the war; the country’s natural resource windfall; and the way in which liberalization and privatization have been pursued.
Schlagwörter: 
Sub-Saharan Africa
Angola
conflict
economic reform
JEL: 
O10
O55
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
99.66 kB





Publikationen in EconStor sind urheberrechtlich geschützt.