Unit 5: Country Analysis Presentation - Angola
Running Head: COUNTRY ANALYSIS 2
COUNTRY ANALYSIS 2
Country Analysis
Name
Institution
Date
Competitiveness
According to the World Economic Report forum, Angola received a competitiveness index of 38.11. The country is ranked among the least competitive countries in the world with the nation occupying the 136th position. This is way below the average which implies that the country scored poorly on important variables such as ICT adoption, infrastructure, innovation capability, and business dynamism (Crespo et al., 2018).
With the country having just come out of the civil war the country is associated with weak institutions and a lack of transparency among public institutions. This is majorly due to an extended period of conflict and instability which weakness the governance within the country. The country also ranked poorly in terms of the property rights index. The country received a rank of 37 points which is below the world average of 57 points. This implies that the existing laws of the country cannot guarantee the protection of private property rights or the laws are not respected (Beardsley et al., 2018). The judiciary is not independent in the country with the executive interfering with the judicial system. The innovation within the country is ranked below the average with the country receiving 26.2 global innovation index and ranking 131st. This can be attributed to the weakened education system in the country which has been disrupted by the ongoing conflict in the country of the last 30 years.
The extensive warfare in the country implies that the majority of infrastructure has been destroyed. According to Crespo et al., (2018) millions of land mines were placed which even up to now have not been removed. This has prevented the extension of its road networks. The country has only 1834.4 miles of rail tracks and 11903.5 miles of paved roads with 60% of them needing repair. The majority of railways roads and bridges are damaged. The country has 32 airports with paved runways. TV and radio are state-owned with only 205 of its population accessing the internet (Oxford Analytica, 2021). The government however has made efforts to state privatize state-owned telecommunication providers in an attempt to improve communication and internet services.
References
Angola Competitiveness Rank | 2021 Data | 2022 Forecast | 2011-2020 Historical | Chart. (n.d.). Tradingeconomics.com. Retrieved November 16, 2021, from https://tradingeconomics.com/angola/competitiveness-rank#:~:text=Competitiveness%20Rank%20in%20Angola%20averaged
Beardsley, K., Cunningham, D. E., & White, P. B. (2018). Mediation, Peacekeeping, and the Severity of Civil War. Journal of Conflict Resolution, 002200271881709. https://doi.org/10.1177/0022002718817092
Crespo, N. F., Belchior, R., & Costa, E. B. (2018). Exploring individual differences in the relationship between entrepreneurial self-efficacy and intentions. Journal of Small Business and Enterprise Development, 27(1), 1–30. https://doi.org/10.1108/jsbed-03-2017-0105
Economic realities will trump Angolan oil and gas plan. (2021). Emerald Expert Briefings. https://doi.org/10.1108/oxan-db258516
World Economic Forum. (2020). The Global Competitiveness Index in detail. http://www3.weforum.org/docs/GCR2011-12/CountryProfiles/Angola.pdf