Angola (Vol 11, 2014)
in Africa Yearbook OnlineSearch for other papers by Jon Schubert in
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(5,679 words)
The political year was again marked by dominant-party politics, increasing repression of dissent, and the coming to light of several spectacular cases of grand corruption and mismanagement. Nonetheless, Angola successfully established itself as a regional power-broker and attracted unabated interest from foreign investors. However, the economy, still dominated by the oil industry, stagnated and was seriously affected towards the end of the year by an oil price shock. Accordingly, commodity prices rose even further, and social expenditure remained far under the actual needs of the population.
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Angola (Vol 11, 2014)
in Africa Yearbook OnlineSearch for other papers by Jon Schubert in
Current site
Google Scholar
(5,679 words)