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Working Paper
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Angola’s difficulties in achieving macro-economic stability and economic liberalization have serious implications for private-sector development. Hyperinflation, and frequent policy reversal, constrain and distort investment in both the informal and formal parts of the private sector. But macro...
Working Paper
pdf
The list of illnesses afflicting Angolan society is a long one: political instability, civil war, macroeconomic mismanagement, and the desperation born of poverty. A profound sense of uncertainty afflicts all levels of society-the government (and its opponents), entrepreneurs and rural and urban...
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