A carregar...
Publicação
The ambaca railway in angola: History of a failed public-private partnership (1885-1914 and briefly onwards)
| Nome: | Descrição: | Tamanho: | Formato: | |
|---|---|---|---|---|
| 1.29 MB | Adobe PDF |
Autores
Orientador(es)
Resumo(s)
In 1886, the Portuguese government signed a public-private partnership with a private company to build and operate a railway between Luanda and Ambaca in its overseas colony of Angola. It was expected that the partnership would benefit both parties: It would provide Angola with a powerful tool of economic development and political appropriation, and it would pay the private investment (stockholders and bondholders). However, the enterprise soon became a financial disaster with soaring construction costs and feeble operational revenues, which forced the Portuguese state to intervene. In this paper, I will analyse the evolution of the Ambaca public-private partnership from a quantitative perspective, examining the figures of its financing, operation and state aid. I will add to the debate about the relationship between state and private initiatives, through public-private partnerships in the specific context of the scramble for Africa and New Imperialism of the late nineteenth and early twentieth centuries.
Descrição
legal umbrella provided by decree-law 57/2016 and law 57/2017), through CIUHCT (UID/HIS/00286).
Palavras-chave
Angola Colonialism Public enterprise Railway History and Philosophy of Science SDG 8 - Decent Work and Economic Growth