Economy Of Angola
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Economy Of Angola
The economy of Angola remains heavily influenced by the effects of four decades of conflict in the last part of the 20th century, the war for independence from Portugal (1961–75) and the subsequent civil war (1975–2002). Despite extensive oil and gas resources, diamonds, hydroelectric potential, and rich agricultural land, Angola remains poor, and a third of the population relies on subsistence agriculture. Since 2002, when the 27-year civil war ended, government policy prioritized the repair and improvement of infrastructure and strengthening of political and social institutions. During the first decade of the 21st century, Angola's economy was one of the fastest-growing in the world,Birgitte Refslund Sørensen and Marc Vincent. ''Caught Between Borders: Response Strategies of the Internally Displaced'', 2001. Page 17. with reported annual average GDP growth of 11.1 percent from 2001 to 2010. High international oil prices and rising oil production contributed to strong eco ...
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Angola
, national_anthem = " Angola Avante"() , image_map = , map_caption = , capital = Luanda , religion = , religion_year = 2020 , religion_ref = , coordinates = , largest_city = capital , official_languages = Portuguese , languages2_type = National languages , languages2 = , ethnic_groups = , ethnic_groups_ref = , ethnic_groups_year = 2000 , demonym = , government_type = Unitary dominant-party presidential republic , leader_title1 = President , leader_name1 = João Lourenço , leader_title2 = Vice President , leader_name2 = Esperança da CostaInvestidura do Pr ...
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List Of Countries By GDP (nominal) Per Capita
The figures presented here do not take into account differences in the cost of living in different countries, and the results vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. Such fluctuations change a country's ranking from one year to the next, even though they often make little or no difference to the standard of living of its population. Therefore, these figures should be used with caution. GDP per capita is often considered an indicator of a country's standard of living; however, this is inaccurate because GDP per capita is not a measure of personal income. Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. (''See'' List of countries by GDP (PPP) per capita.) PPP largely removes the exchange rate problem but not others; it does not reflect the value of economic output in international trad ...
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Angolan Civil War
The Angolan Civil War ( pt, Guerra Civil Angolana) was a civil war in Angola, beginning in 1975 and continuing, with interludes, until 2002. The war immediately began after Angola became independent from Portugal in November 1975. The war was a power struggle between two former anti-colonial guerrilla movements, the communist People's Movement for the Liberation of Angola (MPLA) and the turned anti-communist National Union for the Total Independence of Angola (UNITA). The war was used as a surrogate battleground for the Cold War by rival states such as the Soviet Union, Cuba, South Africa, and the United States. The MPLA and UNITA had different roots in Angolan society and mutually incompatible leaderships, despite their shared aim of ending colonial rule. A third movement, the National Front for the Liberation of Angola (FNLA), having fought the MPLA with UNITA during the war for independence, played almost no role in the Civil War. Additionally, the Front for the Liberati ...
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Angolan War Of Independence
The Angolan War of Independence (; 1961–1974), called in Angola the ("Armed Struggle of National Liberation"), began as an uprising against forced cultivation of cotton, and it became a multi-faction struggle for the control of Portugal's overseas province of Angola among three nationalist movements and a separatist movement. The war ended when a leftist military coup in Lisbon in April 1974 overthrew Portugal's '' Estado Novo'' dictatorship, and the new regime immediately stopped all military action in the African colonies, declaring its intention to grant them independence without delay. The conflict is usually approached as a branch or a theater of the wider Portuguese Overseas War, which also included the independence wars of Guinea-Bissau and of Mozambique. It was a guerrilla war in which the Portuguese army and security forces waged a counter-insurgency campaign against armed groups mostly dispersed across sparsely populated areas of the vast Angolan countrysid ...
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GDP Per Capita Development Of Angola
Gross domestic product (GDP) is a money, monetary Measurement in economics, measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is often revised before being considered a reliable indicator. List of countries by GDP (nominal) per capita, GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation, inflation rates of the countries; therefore, using a basis of List of countries by GDP (PPP) per capita, GDP per capita at purchasing power parity (PPP) may be more useful when comparing standard of living, living standards between nations, while nominal GDP is more useful comparing national economies on the international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. The ratio of GDP to the total population of the region is the GDP per capita, p ...
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