01593cas a2200241 a 4500 AALejournalIMF000780 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451800470 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Angola : Recent Economic Developments. Washington, D.C. : International Monetary Fund, 1995. 1 online resource (93 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper describes economic developments in Angola during the 1990s. A major decline in economic conditions occurred in 1993, in the wake of the resumption of the civil war. In 1993, inflation reached unprecedented levels, overall GDP declined by an estimated 24 percent in real terms, and oil production experienced a downturn for the first time, in part as a result of the destruction of a major onshore oil facility. Export earnings from crude oil were also hit by the decline in world oil prices. Nevertheless, the economy became increasingly dependent on oil. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 1995/122 Full text available on IMF http://elibrary.imf.org/view/journals/002/1995/122/002.1995.issue-122-en.xml IMF e-Library