MODUCAN. The construction of a macroeconomic model for Angola: challenging and rewarding

Abstract

A macroeconomic model provides an analytical framework to describe the structure and behavior of the economy. Knowledge of the mechanisms at work provides a basis for discussing government policies and creates a demand for access to information and data. This implies that the model can be useful in terms of strengthening civil society in Angola. However, the construction of MODUCAN has proved a time consuming and difficult task, particularly because of the restricted access to data. The full dataset for the model as it stands today has been accessible only for the years 2002 through 2005. Thus, at this point in time we are left with the structure for a model and a potential that has not been completely realized. The data needed to improve the model exists, but has not yet been made public by the government.