"After the conflict ended in Angola, the country was faced with development challenges in economic and social conditions. The Government needed direction and reforms to encourage private sector participation to meet Angola's vast infrastructure needs in electricity and gas, water and sanitation, transport, and telecommunications. Private Solutions for Infrastructure in Angola provides an objective assessment of Angola's general environment for private sector participation in infrastructure. The main purpose of the book is to assist the Government of Angola in developing policies and a framework for the promotion of private participation in the rebuilding and development of the country's infrastructure. This book focuses on maximizing the role and contribution of the private sector in infrastructure and it analyzes and documents the barriers, opportunities, and measures to promote private participation in infrastructure over the period 2005-2020. The book also provides a summary of the action plan of the short, medium, and long-term steps to facilitate private sector participation."
Like others in the series of reviews aimed at improving the environment for private sector involvement in infrastructure in various countries, the government requested the report. It describes and assess the current status and performance of key infrastructure sectors and the policy, regulatory, and institutional environment for involving the private sector; and assists policymakers in framing future reform and development to assist potential investors. There is no index. Annotation : 2005 Book News, Inc., Portland, OR (booknews.com).
Once one of the world's largest staple food producers, Angola is now known as a major oil exporter - the second largest producer in sub-Saharan Africa. Angola is also the world's fourth largest producer of rough diamonds in terms of value, with the potential to become one of the leading global diamond producers. In addition to oil and diamonds, the country is well endowed with agricultural resources which remain mostly untapped. However, despite the country's significant natural wealth, a prolonged civil war, the rapid development of the oil sector, and the policies pursued after Independence in 1975 have left the Angolan economy in a unique situation, characterized by very uneven indicators of development. The Angolan economy is now experiencing massive oil windfall gains that are expected to last throughout the next decade. Since oil rents are to a large part concentrated in the public sector, the question of how the oil revenue should be spent and distributed across present and future generations becomes key to any economic development strategy. This study identifies six core areas where a strategic approach for the development of a broad-based growth strategy is required: (i) the incomplete transition to a market economy; (ii) macroeconomic management; (iii) governance and transparency in the management of the mineral wealth; (iv) the business environment; (v) agriculture; and (vi) public service delivery to the poor.
The second edition of the Historical Dictionary of Angola is a thorough examination of Angola. It includes a chronology, bibliography, maps, appendixes, and over 600 cross referenced dictionary entries. This book is an excellent access point for students, researchers, and anyone wanting to know more about Angola.
After decades of civil war and instability, the African country of Angola is experiencing a spectacular economic boom thanks to its most valuable natural resource: oil. But oil extraction--both on- and offshore--is a toxic remedy for the country's economic ills, with devastating effects on both the environment and traditional livelihoods. Focusing on the everyday realities of people living in the extraction zones, Kristin Reed explores the exclusion, degradation, and violence that are the fruits of petrocapitalism in Angola.
This second edition of the Historical Dictionary of the World Bank shows the substantial progress the Bank has made, this mainly through the dictionary section with concise entries on its component institutions, related organizations, its achievements in various fields, some of the major projects and member countries, and its various presidents. The introduction explains how the Bank works while the chronology traces the major events over nearly 70 years. Meanwhile, the list of acronyms reminds us just who the main players are. And the bibliography directs readers to useful internal documentation and outside studies.
This publication is one of a series of country reviews aimed at improving the environment for private investment in key infrastructure sectors. It gives an objective assessment of the condition of Rwandas core economic infrastructure and associated institutional and policy frameworks, as well as examining reform opportunities to encourage private sector involvement. Chapters review the following sectors: transport, energy, water and sanitation, electricity and telecommunications, as well as considering a number of cross-cutting issues including institutional capacity, regulation, the legal system, taxation and environmental issues.
Sustainable infrastructure development is vital for Africa s prosperity. And now is the time to begin the transformation. This volume is the culmination of an unprecedented effort to document, analyze, and interpret the full extent of the challenge in developing Sub-Saharan Africa s infrastructure sectors. As a result, it represents the most comprehensive reference currently available on infrastructure in the region. The book covers the five main economic infrastructure sectors information and communication technology, irrigation, power, transport, and water and sanitation. 'Africa s Infrastructure: A Time for Transformation' reflects the collaboration of a wide array of African regional institutions and development partners under the auspices of the Infrastructure Consortium for Africa. It presents the findings of the Africa Infrastructure Country Diagnostic (AICD), a project launched following a commitment in 2005 by the international community (after the G8 summit at Gleneagles, Scotland) to scale up financial support for infrastructure development in Africa. The lack of reliable information in this area made it difficult to evaluate the success of past interventions, prioritize current allocations, and provide benchmarks for measuring future progress, hence the need for the AICD. Africa s infrastructure sectors lag well behind those of the rest of the world, and the gap is widening. Some of the main policy-relevant findings highlighted in the book include the following: infrastructure in the region is exceptionally expensive, with tariffs being many times higher than those found elsewhere. Inadequate and expensive infrastructure is retarding growth by 2 percentage points each year. Solving the problem will cost over US$90 billion per year, which is more than twice what is being spent in Africa today. However, money alone is not the answer. Prudent policies, wise management, and sound maintenance can improve efficiency, thereby stretching the infrastructure dollar. There is the potential to recover an additional US$17 billion a year from within the existing infrastructure resource envelope simply by improving efficiency. For example, improved revenue collection and utility management could generate US$3.3 billion per year. Regional power trade could reduce annual costs by US$2 billion. And deregulating the trucking industry could reduce freight costs by one-half. So, raising more funds without also tackling inefficiencies would be like pouring water into a leaking bucket. Finally, the power sector and fragile states represent particular challenges. Even if every efficiency in every infrastructure sector could be captured, a substantial funding gap of $31 billion a year would remain. Nevertheless, the African people and economies cannot wait any longer. Now is the time to begin the transformation to sustainable development.
