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dc.contributor.authorFerreira, Manuel Ennes
dc.contributor.authorde Oliveira, Ricardo Soares
dc.date.accessioned2018-08-16T14:00:47Z
dc.date.issued2019-01-01
dc.identifieroai:www.cmi.no:6600
dc.identifier.citationin African Affairs vol. 118 no. 470 pp. 49-74
dc.identifier.issn0001-9909
dc.identifier.issn0001-9909
dc.identifier.urihttp://hdl.handle.net/11250/2558331
dc.description.abstractFrom inauspicious beginnings in a post-socialist, highly dysfunctional financial system, Angolan banking grew in less than a decade after the end of the country's long civil war into one of Africa's largest. Fuelled by the country's oil boom, banks became crucial in articulating Angola's interactions with the international system as well as a domestic agenda of oligarchic consolidation by the ruling MPLA's elite. This article describes and analyses this growth trajectory in its historical and institutional context and seeks to understand the reasons why it did not lead to either a significant expansion of credit outside the elite or a contribution towards economic diversification outside the oil sector. Important as a study of the political economy of finance in Africa's third largest economy, the article also contributes to the growing literature on the nexus between banking and politics in resource-rich states.
dc.language.isoeng
dc.relationAfrican Affairs
dc.relation470
dc.relation.ispartofAfrican Affairs
dc.relation.ispartofseriesAfrican Affairs
dc.relation.ispartofseriesAfrican Affairs vol. 118 no. 470
dc.relation.ispartofseriesAfrican Affairs vol. 118 no. 470
dc.relation.urihttps://www.cmi.no/publications/6600-the-political-economy-of-banking-in-angola
dc.subjectAngola
dc.titleThe political economy of banking in Angola
dc.typeJournal article
dc.typePeer reviewed
dc.identifier.doi10.1093/afraf/ady029
dc.identifier.doi10.1093/afraf/ady029
dc.identifier.cristin1679711
dc.identifier.cristin1679711


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