IDEAS home Printed from https://ideas.repec.org/h/pal/palscp/978-3-030-33857-2_12.html
   My bibliography  Save this book chapter

The Angolan Kwanza and the Portuguese Co-operation

In: The Portuguese Escudo Monetary Zone

Author

Listed:
  • Maria Eugénia Mata

    (Universidade Nova de Lisboa)

Abstract

Many of Angola’s economists graduated in Lisbon, and had Portuguese university mates working in all sectors of activity. For the dissociation between the BNA functions as central bank from commercial banking functions, Angolan authorities asked for the presence of Portuguese staff in Luanda to help identify the local training needs amongst Angolan staff, as well as provide computational assistance and consultancy. With Portuguese scholarships to move to Lisbon, training included project analysis and credit risk assessment, balance of payments and international operations, foreign debt, exchange rates and management of currencies, banking law, contracts and arbitrage, and forecast analysis. Under the same conditions defined for all the Portuguese-speaking countries, trade cooperation with Angola was very successful, namely the “Evergreen” agreement of 1987 to fuel trade payments with Angolan oil. For the first time in the twentieth century Banco de Portugal opened a delegation abroad, in Luanda, in 1992, for the Portuguese/Angolan co-operation for trade.

Suggested Citation

  • Maria Eugénia Mata, 2020. "The Angolan Kwanza and the Portuguese Co-operation," Palgrave Studies in Economic History, in: The Portuguese Escudo Monetary Zone, chapter 0, pages 193-212, Palgrave Macmillan.
    • Handle: RePEc:pal:palscp:978-3-030-33857-2_12
    DOI: 10.1007/978-3-030-33857-2_12
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palscp:978-3-030-33857-2_12. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.