RISING POWERS ON THE AFRICAN CONTINENT: THE CASE OF ANGOLA
T. L. DEITCH Candidate of Historical Sciences V. A. USOV Candidate of Historical Sciences Institute of Africa, Russian Academy of Sciences Angola Keywords:, Africa, BRICS. investments, loans, trade The twenty-first century has witnessed the steady growth of many African countries. The economic recovery was stimulated by an increase in demand for raw materials, which contributed to a dynamic increase in investment inflows. According to the International Monetary Fund (IMF), sub-Saharan Africa saw average economic growth of 5% in 2010 and 5.5%in 2011.1 Economists at the South African Standard Bank, in a report on the African economy, expressed the opinion that the continent's countries largely owe changes in their economic landscape to the activities of new players in Africa. 2 It is hard to disagree with this conclusion. Indeed, with economic development and increasing involvement in pro-globalization, the role of relations between African countries and the "rising" states of the world, primarily with China, India and Brazil, is steadily growing. Each of these countries has its own history of relations with the countries of the continent. In addition, all of them, along with Russia and South Africa, are members of the BRICS group, which, especially after South Africa joined in 2011, has high hopes as a new participant that can help modernize African countries and help accelerate the development of their economies and human potential. After the end of a long-term bloody civil war in Angola (1975-2002), the country needed recipes for accelerated economic recovery. In order to achieve this goal more successfully, the young state was ready to use its main and, in fact, only wealth - natural resources, primarily oil, which was positively perceived by the" rising " countries, whose rapidly growing economy was experiencing a need for resources. AS ELSEWHERE IN AFRICA, LEADS THE WAY China's relations with Angola have not been easy. The explanation for this is to be found in ... Read more
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Japan Online · 149 days ago 0 155
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Tokyo, Japan
21.01.2024 (149 days ago)
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