Angola Economic Update, June 2014

World Bank

Publication:
Angola Economic Update, June 2014

dc.contributor.author	World Bank
dc.date.accessioned	2014-08-14T18:31:24Z
dc.date.available	2014-08-14T18:31:24Z
dc.date.issued	2014-06
dc.description.abstract	Angola's economy decelerated in 2013 due to the weak performance of the oil sector but the non-oil economy expanded rapidly. Similarly, lower oil related export earnings and higher imports narrowed the current account surplus. Enhancing export competitiveness and implementing tax related reforms will reduce the co-movement between the current account and the fiscal account balances. Expanded agricultural output and lower food import prices helped curb the inflation rate to a single digit. While the non-oil economy expands, maintaining the observed level of international reserves will help shield the country from potential oil price fluctuations. This economic update analyzes recent economic developments in Angola and situates them in a medium-term global context. It evaluates the implications of macroeconomic trends and policy reforms in terms of the government's stated development objectives.	en
dc.identifier	http://documents.worldbank.org/curated/en/2014/06/19794545/angola-economic-update
dc.identifier.uri	http://hdl.handle.net/10986/19314
dc.language	English
dc.language.iso	en_US
dc.publisher	Washington, DC
dc.relation.ispartofseries	Angola economic update;no. 2
dc.rights	CC BY 3.0 IGO
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo/
dc.subject	ACCOUNTING
dc.subject	ACCUMULATION OF CAPITAL
dc.subject	AGRICULTURAL COMMODITY
dc.subject	AGRICULTURAL OUTPUT
dc.subject	AGRICULTURE
dc.subject	ANNUAL GROWTH
dc.subject	ARBITRATION
dc.subject	ASSETS
dc.subject	AUCTION
dc.subject	AUCTION SYSTEM
dc.subject	BALANCE OF PAYMENTS
dc.subject	BANK ACCOUNTS
dc.subject	BANK BRANCHES
dc.subject	BANK LIQUIDITY
dc.subject	BANK LOANS
dc.subject	BANKING SECTOR
dc.subject	BENCHMARKING
dc.subject	BID
dc.subject	BINDING CONSTRAINT
dc.subject	BUDGETING
dc.subject	CAPACITY CONSTRAINTS
dc.subject	CAPITAL ACCOUNT
dc.subject	CAPITAL ACCOUNTS
dc.subject	CAPITAL ACCUMULATION
dc.subject	CAPITAL FLOWS
dc.subject	CAPITAL INFLOWS
dc.subject	CAPITAL INVESTMENT
dc.subject	CAPITAL STOCK
dc.subject	CASH TRANSFER
dc.subject	CENTRAL BANK
dc.subject	CENTRALIZATION
dc.subject	COMMERCIAL BANK
dc.subject	COMMERCIAL BANK CREDIT
dc.subject	COMMERCIAL BANKS
dc.subject	COMMODITY PRICE
dc.subject	COMMODITY PRICES
dc.subject	CONSUMER GOODS
dc.subject	CONTINGENT LIABILITIES
dc.subject	CORE INFLATION
dc.subject	CREDIT GROWTH
dc.subject	CURRENCY DEPRECIATION
dc.subject	CURRENT ACCOUNT
dc.subject	CURRENT ACCOUNT DEFICIT
dc.subject	CURRENT ACCOUNT SURPLUS
dc.subject	CURRENT ACCOUNT SURPLUSES
dc.subject	DEBT BURDEN
dc.subject	DEBT LEVELS
dc.subject	DEBT OVERHANG
dc.subject	DEFLATION
dc.subject	DEPOSITS
dc.subject	DEVELOPING COUNTRIES
dc.subject	DEVELOPMENT BANK
dc.subject	DEVELOPMENT POLICY
dc.subject	DEVELOPMENT STRATEGIES
dc.subject	DOMESTIC BANK
dc.subject	DOMESTIC BOND
dc.subject	DOMESTIC CURRENCY
dc.subject	DOMESTIC DEMAND
dc.subject	ECONOMIC COMPETITIVENESS
dc.subject	ECONOMIC CONDITIONS
dc.subject	ECONOMIC DEVELOPMENTS
dc.subject	ECONOMIC GROWTH
dc.subject	ECONOMIC OUTLOOK
dc.subject	ECONOMIC POLICIES
dc.subject	ECONOMIC VALUE
dc.subject	EMERGING MARKET
dc.subject	EMERGING MARKETS
dc.subject	EQUITY MARKETS
dc.subject	EURO ZONE
dc.subject	EXCHANGE RATE
dc.subject	EXPENDITURE
dc.subject	EXPENDITURES
dc.subject	EXPORT COMPETITIVENESS
dc.subject	EXPORT EARNINGS
dc.subject	EXPORT GROWTH
dc.subject	EXPORTER
dc.subject	EXPORTERS
dc.subject	EXPORTS
dc.subject	EXPOSURE
dc.subject	EXTERNAL DEMAND
dc.subject	EXTERNAL FUNDING
dc.subject	EXTERNAL SHOCKS
dc.subject	FINANCIAL CRISIS
dc.subject	FINANCIAL INFRASTRUCTURE
dc.subject	FINANCIAL INSTITUTION
dc.subject	FINANCIAL MANAGEMENT
dc.subject	FINANCIAL MARKET
dc.subject	FINANCIAL MARKETS
dc.subject	FINANCIAL SECTOR
dc.subject	FINANCIAL STABILITY
dc.subject	FINANCIAL SYSTEM
dc.subject	FISCAL BALANCES
dc.subject	FISCAL BURDEN
dc.subject	FISCAL DEFICIT
dc.subject	FISCAL POLICIES
dc.subject	FISCAL POLICY
dc.subject	FIXED INVESTMENT
dc.subject	FORECASTS
dc.subject	FOREIGN BANK
dc.subject	FOREIGN BANKS
dc.subject	FOREIGN CAPITAL
dc.subject	FOREIGN CURRENCY
dc.subject	FOREIGN DIRECT INVESTMENT
dc.subject	FOREIGN EXCHANGE
dc.subject	FOREIGN INVESTORS
dc.subject	FOREIGN MARKETS
dc.subject	GDP PER CAPITA
dc.subject	GLOBAL ECONOMY
dc.subject	GROWTH POTENTIAL
dc.subject	GROWTH RATE
dc.subject	GROWTH RATES
dc.subject	HUMAN CAPITAL
dc.subject	IMPORT
dc.subject	IMPORT PRICES
dc.subject	IMPORTS
dc.subject	INCOME
dc.subject	INFLATION
dc.subject	INFLATION RATE
dc.subject	INFLATION RATES
dc.subject	INFLATIONARY PRESSURES
dc.subject	INFRASTRUCTURE INVESTMENT
dc.subject	INSTITUTIONAL CAPACITY
dc.subject	INSTITUTIONAL INVESTORS
dc.subject	INTEREST PAYMENT
dc.subject	INTEREST RATE
dc.subject	INTERNATIONAL BANK
dc.subject	INTERNATIONAL CAPITAL
dc.subject	INTERNATIONAL CAPITAL MARKETS
dc.subject	INTERNATIONAL INVESTMENT
dc.subject	INTERNATIONAL MARKETS
dc.subject	INTERNATIONAL RESERVES
dc.subject	INTERNATIONAL STANDARDS
dc.subject	INVESTING
dc.subject	INVESTMENT PROCESS
dc.subject	INVESTMENT PROCESSES
dc.subject	INVESTMENT PROJECTS
dc.subject	INVESTMENT RATE
dc.subject	INVESTMENT RATES
dc.subject	INVESTMENT SPENDING
dc.subject	INVESTOR CONFIDENCE
dc.subject	LABOR FORCE
dc.subject	LEGAL FRAMEWORK
dc.subject	LENDERS
dc.subject	LIQUIDITY
dc.subject	LOAN
dc.subject	LOCAL CURRENCY
dc.subject	LONG-TERM LOANS
dc.subject	MACROECONOMIC STABILITY
dc.subject	MARGINAL COST
dc.subject	MIDDLE INCOME COUNTRIES
dc.subject	MONETARY FUND
dc.subject	MONETARY POLICY
dc.subject	MONEY SUPPLY
dc.subject	MORAL HAZARD
dc.subject	MUNICIPAL INVESTMENT
dc.subject	NATIONAL INCOME
dc.subject	NATIONAL SAVINGS
dc.subject	NET EXPORTS
dc.subject	OIL ECONOMY
dc.subject	OIL EXPORTERS
dc.subject	OIL EXPORTS
dc.subject	OIL PRICE
dc.subject	OIL PRICES
dc.subject	OIL RESERVES
dc.subject	OIL REVENUE
dc.subject	OPEN MARKET
dc.subject	OPEN MARKET OPERATIONS
dc.subject	OPPORTUNITY COST
dc.subject	POLITICAL STABILITY
dc.subject	PORTFOLIO
dc.subject	PORTFOLIO CAPITAL
dc.subject	PORTFOLIOS
dc.subject	POSTWAR PERIOD
dc.subject	POVERTY REDUCTION
dc.subject	PRICE FLUCTUATIONS
dc.subject	PRICE INDEX
dc.subject	PRICE INDEXES
dc.subject	PRICE INDICES
dc.subject	PRIVATE CONSUMPTION
dc.subject	PRIVATE INVESTMENT
dc.subject	PRIVATE INVESTMENTS
dc.subject	PRODUCTIVITY
dc.subject	PRUDENTIAL SUPERVISION
dc.subject	PUBLIC DEBT
dc.subject	PUBLIC EXPENDITURES
dc.subject	PUBLIC FINANCES
dc.subject	PUBLIC FUNDS
dc.subject	PUBLIC INVESTMENT
dc.subject	PUBLIC INVESTMENTS
dc.subject	PUBLIC SAVINGS
dc.subject	PUBLIC SPENDING
dc.subject	RAPID GROWTH
dc.subject	RATE OF RETURN
dc.subject	REAL GDP
dc.subject	REAL INVESTMENT
dc.subject	REGULATORY FRAMEWORK
dc.subject	RESERVE
dc.subject	RESERVE REQUIREMENTS
dc.subject	RESERVES
dc.subject	RETURNS
dc.subject	SAVINGS RATE
dc.subject	SECONDARY MARKET
dc.subject	SECURITIES
dc.subject	SLOWDOWN
dc.subject	SOVEREIGN DEBT
dc.subject	STOCKS
dc.subject	STRUCTURAL REFORMS
dc.subject	SUPPLY CAPACITY
dc.subject	TAX
dc.subject	TAX CODES
dc.subject	TAX REVENUES
dc.subject	TAX SUBSIDIES
dc.subject	TAX SYSTEM
dc.subject	TAX SYSTEMS
dc.subject	TOTAL FACTOR PRODUCTIVITY
dc.subject	TRADE BALANCE
dc.subject	TRADE POLICIES
dc.subject	TRADE VOLATILITY
dc.subject	TRADING
dc.subject	TRADING PARTNER
dc.subject	TRADING PARTNERS
dc.subject	TRANSPARENCY
dc.subject	TREASURY
dc.subject	TREASURY BONDS
dc.subject	UNEMPLOYMENT
dc.subject	UNEMPLOYMENT RATES
dc.subject	WAGES
dc.subject	WEALTH
dc.title	Angola Economic Update, June 2014	en
dc.title.alternative	Angola atualizacao economica	en
dspace.entity.type	Publication
okr.date.disclosure	2014-07-16
okr.doctype	Economic & Sector Work :: Economic Updates and Modeling
okr.doctype	Economic & Sector Work
okr.docurl	http://documents.worldbank.org/curated/en/2014/06/19794545/angola-economic-update
okr.globalpractice	Macroeconomics and Fiscal Management
okr.globalpractice	Finance and Markets
okr.globalpractice	Trade and Competitiveness
okr.identifier.externaldocumentum	000333037_20140716131252
okr.identifier.internaldocumentum	19794545
okr.identifier.report	AUS6794
okr.language.supported	en
okr.pdfurl	http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/07/16/000333037_20140716131252/Rendered/PDF/AUS67940WP0P140385283B00PUBLIC00ACS.pdf	en
okr.region.administrative	Africa
okr.region.country	Angola
okr.sector	Public Administration, Law, and Justice :: Central government administration
okr.theme	Economic management :: Analysis of economic growth
okr.theme	Economic management :: Economic statistics, modeling and forecasting
okr.theme	Economic management :: Macroeconomic management
okr.topic	Finance and Financial Sector Development :: Access to Finance
okr.topic	Finance and Financial Sector Development :: Currencies and Exchange Rates
okr.topic	Economic Theory and Research
okr.topic	Private Sector Development :: Emerging Markets
okr.topic	Finance and Financial Sector Development :: Debt Markets
okr.topic	Macroeconomics and Economic Growth
okr.unit	Knowledge & Information Services (ITSKI)
okr.volume	1 of 1