The Reinvention of Elite Accumulation in the Angolan Oil Sector: Emergent capitalism in a rentier economy
Autor(a) principal: | |
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Data de Publicação: | 2013 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://scielo.pt/scielo.php?script=sci_arttext&pid=S1645-37942013000100005 |
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. |
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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.Centro de Estudos Internacionais do ISCTE - Instituto Universitário de Lisboa2013-01-01info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articletext/htmlhttp://scielo.pt/scielo.php?script=sci_arttext&pid=S1645-37942013000100005Cadernos de Estudos Africanos n.25 2013reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAPenghttp://scielo.pt/scielo.php?script=sci_arttext&pid=S1645-37942013000100005Ovadia,Jesse Salahinfo:eu-repo/semantics/openAccess2024-02-06T17:16:52Zoai:scielo:S1645-37942013000100005Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T02:25:41.411013Repositório 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 |
2013 |
dc.date.none.fl_str_mv |
2013-01-01 |
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://scielo.pt/scielo.php?script=sci_arttext&pid=S1645-37942013000100005 |
url |
http://scielo.pt/scielo.php?script=sci_arttext&pid=S1645-37942013000100005 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
http://scielo.pt/scielo.php?script=sci_arttext&pid=S1645-37942013000100005 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
text/html |
dc.publisher.none.fl_str_mv |
Centro de Estudos Internacionais do ISCTE - Instituto Universitário de Lisboa |
publisher.none.fl_str_mv |
Centro de Estudos Internacionais do ISCTE - Instituto Universitário de Lisboa |
dc.source.none.fl_str_mv |
Cadernos de Estudos Africanos n.25 2013 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 |
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1799137332261027841 |