The Reinvention of Elite Accumulation in the Angolan Oil Sector: Emergent capitalism in a rentier economy
Autor(a) principal: | |
---|---|
Data de Publicação: | 2012 |
Tipo de documento: | Artigo |
Idioma: | por |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10071/5119 |
Resumo: | The post-war transition in Angola has involved small shifts in strategies of elite accumulation to maintain the status quo and deepen the internal concentration of power and wealth. This paper hypothesizes that Angola is at the beginning of a fundamental political-economic shift – away from the peripheral rentier economy and towards an indigenous system of capitalist accumulation. Recent developments in the oil and oil services sectors such as the push for increased local content, or “Angolanisation”, show that the elite is engaged in a process of reinventing itself. Unfortunately, the tendency of the transition is towards the further entrenchment of the power of the Angolan elite and increasingly unequal distribution of wealth under the emerging social relations of production and accumulation. |
id |
RCAP_640ed893235b6d0f0a69f883a09e148d |
---|---|
oai_identifier_str |
oai:repositorio.iscte-iul.pt:10071/5119 |
network_acronym_str |
RCAP |
network_name_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository_id_str |
7160 |
spelling |
The Reinvention of Elite Accumulation in the Angolan Oil Sector: Emergent capitalism in a rentier economyPetroleumDevelopmentCapitalist accumulationLocal contentSonangolAngolaThe post-war transition in Angola has involved small shifts in strategies of elite accumulation to maintain the status quo and deepen the internal concentration of power and wealth. This paper hypothesizes that Angola is at the beginning of a fundamental political-economic shift – away from the peripheral rentier economy and towards an indigenous system of capitalist accumulation. Recent developments in the oil and oil services sectors such as the push for increased local content, or “Angolanisation”, show that the elite is engaged in a process of reinventing itself. Unfortunately, the tendency of the transition is towards the further entrenchment of the power of the Angolan elite and increasingly unequal distribution of wealth under the emerging social relations of production and accumulation.A transição pós-guerra em Angola envolveu pequenas mudanças nas estratégias de acumulação da elite para manter o status quo e aprofundar a concentração interna de poder e riqueza. Este artigo coloca a hipótese de que Angola está no início de uma mudança político-económica fundamental – da economia rentista periférica para um sistema indígena de acumulação capitalista. Desenvolvimentos recentes no sector petrolífero e no sector da prestação de serviços como a pressão para aumentar o conteúdo local (“angolanização”), mostram que a elite está envolvida num processo de reinvenção de si própria. Infelizmente, a tendência da transição é para um maior entrincheiramento do poder da elite angolana e uma crescente desigualdade na distribuição de riqueza sob as relações sociais emergentes de produção e acumulação.Centro de Estudos Africanos do ISCTE - Instituto Universitário de Lisboa2013-06-12T09:39:58Z2013-06-01T00:00:00Z2013-062012-03-13info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10071/5119por1645-3794Ovadia, Jesse Salahinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-09T17:48:36Zoai:repositorio.iscte-iul.pt:10071/5119Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:23:44.503289Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
The Reinvention of Elite Accumulation in the Angolan Oil Sector: Emergent capitalism in a rentier economy |
title |
The Reinvention of Elite Accumulation in the Angolan Oil Sector: Emergent capitalism in a rentier economy |
spellingShingle |
The Reinvention of Elite Accumulation in the Angolan Oil Sector: Emergent capitalism in a rentier economy Ovadia, Jesse Salah Petroleum Development Capitalist accumulation Local content Sonangol Angola |
title_short |
The Reinvention of Elite Accumulation in the Angolan Oil Sector: Emergent capitalism in a rentier economy |
title_full |
The Reinvention of Elite Accumulation in the Angolan Oil Sector: Emergent capitalism in a rentier economy |
title_fullStr |
The Reinvention of Elite Accumulation in the Angolan Oil Sector: Emergent capitalism in a rentier economy |
title_full_unstemmed |
The Reinvention of Elite Accumulation in the Angolan Oil Sector: Emergent capitalism in a rentier economy |
title_sort |
The Reinvention of Elite Accumulation in the Angolan Oil Sector: Emergent capitalism in a rentier economy |
author |
Ovadia, Jesse Salah |
author_facet |
Ovadia, Jesse Salah |
author_role |
author |
dc.contributor.author.fl_str_mv |
Ovadia, Jesse Salah |
dc.subject.por.fl_str_mv |
Petroleum Development Capitalist accumulation Local content Sonangol Angola |
topic |
Petroleum Development Capitalist accumulation Local content Sonangol Angola |
description |
The post-war transition in Angola has involved small shifts in strategies of elite accumulation to maintain the status quo and deepen the internal concentration of power and wealth. This paper hypothesizes that Angola is at the beginning of a fundamental political-economic shift – away from the peripheral rentier economy and towards an indigenous system of capitalist accumulation. Recent developments in the oil and oil services sectors such as the push for increased local content, or “Angolanisation”, show that the elite is engaged in a process of reinventing itself. Unfortunately, the tendency of the transition is towards the further entrenchment of the power of the Angolan elite and increasingly unequal distribution of wealth under the emerging social relations of production and accumulation. |
publishDate |
2012 |
dc.date.none.fl_str_mv |
2012-03-13 2013-06-12T09:39:58Z 2013-06-01T00:00:00Z 2013-06 |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10071/5119 |
url |
http://hdl.handle.net/10071/5119 |
dc.language.iso.fl_str_mv |
por |
language |
por |
dc.relation.none.fl_str_mv |
1645-3794 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Centro de Estudos Africanos do ISCTE - Instituto Universitário de Lisboa |
publisher.none.fl_str_mv |
Centro de Estudos Africanos do ISCTE - Instituto Universitário de Lisboa |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
repository.mail.fl_str_mv |
|
_version_ |
1799134799835693056 |