Angola’s Macroeconomy and Agricultural Growth

Steven C. Kyle

No 57043, Working Papers from Cornell University, Department of Applied Economics and Management

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.

Keywords: Financial Economics; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 38
Date: 2010-02-01
New Economics Papers: this item is included in nep-ene
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Persistent link: https://EconPapers.repec.org/RePEc:ags:cudawp:57043

DOI: 10.22004/ag.econ.57043

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