O55 - Economywide Country Studies: AfricaReturn

The author thinks about the economies and the food problem of the Horn of Africa countries. The drought and famine conditions in the Horn of Africa, coupled with the conflict in Somalia, have affected over 12 million people. There is a very low nutrition level in the long term in all the countries (Djibouti, Ethiopia, Eritrea, and Somalia). A high level of basic demographic indicators and an unfinished demographic transition will mean a further significant population increase. The countries have different backgrounds for future economic development. Ethiopia is the region's strongest country economically with a presumption of gradual increase in its industrial production. The economy of Djibouti is highly dependent on a local seaport situated in a strategic position. Eritrea has lagged behind recently and it will be important for its future development to overcome discrepancies with Ethiopia, which could use its ports. The most complicated situation is in Somalia, which has been divided among local clans for two decades and the population is terrorized by armed groups. The information introduced in this paper results from the implementation of institutional research project MSM 6046070906 "Economics of resources of Czech agriculture and their efficient use in multifunctional agri-food systems".

The article describes the state and development of Angolan economy. From being one of the strongest economies in Africa, Angola was transformed by long-term civil conflict into debris of its former fame. Fortunately, the fighting has finished a few years ago and fortunately again, Angola is rich in natural resources, above all in oil. This article looks at the recent developments of Angolan economy and the lack of government's good will and capacity to use the vast and growing oil revenue for the benefit of national economy. Thanks to the situation of world oil market Angolan government can easily push aside the international calls for reforms and transparency and access sufficient financial resources from the likes of China. Still, there is a hope Angolan government will yield under the international pressure and reform its macroeconomic policies. This is the premise for returning to Angola's former economic shape.