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Angola: Selected Issues Paper.

Agricultural and Natural Resource Economics --- Banking --- Banks and Banking --- Capacity --- Capital --- Currency --- Energy: Demand and Supply --- Environmental and Ecological Economics: General --- Environmental management --- Foreign exchange reserves --- Foreign Exchange --- Foreign exchange --- Intangible Capital --- International reserves --- Investment policy --- Investment --- Investments: General --- Macroeconomics --- Monetary Policy --- Natural Resources --- Natural resources --- Oil prices --- Prices --- Real effective exchange rates --- Saving and investment --- Angola

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Sizeable natural resource endowments and potentially large financial inflows from their extraction provide an unparalleled opportunity for economic growth and development in a growing number of sub-Saharan African countries. Empirical evidence suggests, however, that translating this resource wealth into stronger economic performance and a higher standard of living has proven challenging. Much has been written about the resource curse. This publication focuses on solutions to the challenges and outlines the main policy considerations and options in managing natural resource wealth, drawing on experience within and outside sub-Saharan Africa and referring closely to the latest analysis and policy advice in this area by the IMF, the World Bank, and leading academic research. A key feature of each chapter is a recommended reading list for those who wish additional, more in-depth material on these issues to further inform policymakers and other stakeholders on the theoretical and analytical underpinnings of the policy advice.

Agricultural and Natural Resource Economics --- Environmental and Ecological Economics: General --- Environmental management --- Expenditure --- Expenditures, Public --- Fiscal Policy --- Fiscal policy --- Fiscal stance --- Macroeconomics --- National Government Expenditures and Related Policies: General --- National Government Expenditures and Related Policies: Infrastructures --- Natural Resources --- Natural resources --- Other Public Investment and Capital Stock --- Public finance & taxation --- Public Finance --- Public investment and public-private partnerships (PPP) --- Public investment spending --- Public investments --- Public-private sector cooperation --- Congo, Democratic Republic of the