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Cath-up and Capabilities: Resource-for-Infrastructure Loans, Economic Transformation and Catch-Up Growth in Angola

Bolander, Johanna LU (2024) EOSK12 20241
Department of Economic History
Abstract
This thesis explores the implications of Chinese Resource-for-Infrastructure (RFI) loans on Angola's economic transformation and catch-up through the lens of social capabilities theory. Initiated in 2004, the "Angola Model" involved RFI loans primarily supported by oil exports to China in return for infrastructure construction. Despite substantial infrastructure inputs, the expected economic diversification in Angola's economy has been limited. This study evaluates how these loans align with transformation, inclusion, autonomy, and accountability within Angola's socio-economic framework. Findings indicate limited sector-specific growth, persistent oil dependency, and widespread wealth distribution inequity. This research highlights the... (More)
This thesis explores the implications of Chinese Resource-for-Infrastructure (RFI) loans on Angola's economic transformation and catch-up through the lens of social capabilities theory. Initiated in 2004, the "Angola Model" involved RFI loans primarily supported by oil exports to China in return for infrastructure construction. Despite substantial infrastructure inputs, the expected economic diversification in Angola's economy has been limited. This study evaluates how these loans align with transformation, inclusion, autonomy, and accountability within Angola's socio-economic framework. Findings indicate limited sector-specific growth, persistent oil dependency, and widespread wealth distribution inequity. This research highlights the need for more effective governance and targeted development policies to ensure equitable growth amidst decreasing Chinese investments. (Less)
Please use this url to cite or link to this publication:
author
Bolander, Johanna LU
supervisor
organization
course
EOSK12 20241
year
type
M2 - Bachelor Degree
subject
keywords
Economic Development, Resource-for-Infrastructure Loans, Angola
language
English
id
9167935
date added to LUP
2024-07-03 07:07:49
date last changed
2024-07-03 07:07:49
@misc{9167935,
  abstract     = {{This thesis explores the implications of Chinese Resource-for-Infrastructure (RFI) loans on Angola's economic transformation and catch-up through the lens of social capabilities theory. Initiated in 2004, the "Angola Model" involved RFI loans primarily supported by oil exports to China in return for infrastructure construction. Despite substantial infrastructure inputs, the expected economic diversification in Angola's economy has been limited. This study evaluates how these loans align with transformation, inclusion, autonomy, and accountability within Angola's socio-economic framework. Findings indicate limited sector-specific growth, persistent oil dependency, and widespread wealth distribution inequity. This research highlights the need for more effective governance and targeted development policies to ensure equitable growth amidst decreasing Chinese investments.}},
  author       = {{Bolander, Johanna}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Cath-up and Capabilities: Resource-for-Infrastructure Loans, Economic Transformation and Catch-Up Growth in Angola}},
  year         = {{2024}},
}