Understand what the Angola Model is and how it affects African economies
Explain what the effects of resource exploitation are on the Angolan economy
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A former colony
> Colonized by the Portuguese
> Independent since 1975
>afterwards a lot of civil wars, up until 2002.
> Today still a very poor LEDC
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Resources in Angola
Horsts and grabens are the reason that resources are found close to the surface!
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Unequal relations between MEDC's and LEDC's
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The blood diamond trade
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www.wsj.com
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Relations with China
Distribution of export value from angola in Q3 2021, by world region.
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The Angola Model
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Learning objectives
You will be able to:
Understand what the Angola Model is and how it affects African economies
Explain what the effects of resource exploitation are on the Angolan economy
Slide 10 - Tekstslide
Essence
Angola is a resource-rich country and exports a lot of valuable resources. The civil wars that disrupted the Angolan life for many years were mainly fought by resource financed militias. Nowadays, Angola has trade deals with the Chinese government. China extracts resources and in return builds infrastructure. This is called the Angola Model. This model is a defining example of how China interacts with peripheral countries in Africa and South America.