FACTORS AFFECTING THE ECONOMIC GROWTH AND DEVELOPMENT OF ANGOLA

Sanela Porca, University of South Carolina Aiken, Aiken, South Carolina, U.S.A.
Luntadila Paulo, Michigan State University, East Lansing, Michigan, U.S.A.

Published in

INTERNATIONAL JOURNAL OF BUSINESS RESEARCH
Volume 18, Issue 3, p81-88, October 2018

ABSTRACT

The current paper analyses Angola’s macroeconomics conditions and potentials for future economic growth and development. To find effect of the oil industry and foreign investors in Angola, the study relies on the theory of economic growth. The findings and conclusions of this study suggest a need for a better industrial diversification of this important economic player.

Keywords

Africa, Angola, Foreign Investment, Oil Industry, Economic Growth


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