Growth and stability in the DRC: Macroeconomic analysis (1990 - 2023)

Author:   Cedrick Mukeba Ntumba
Publisher:   Our Knowledge Publishing
ISBN:  

9786200051783


Pages:   84
Publication Date:   18 September 2025
Format:   Paperback
Availability:   Available To Order   Availability explained
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Growth and stability in the DRC: Macroeconomic analysis (1990 - 2023)


Overview

This article analyzes the evolution of the DRC's macroeconomic framework over the period 1990-2023, focusing on the prospects for self-sustained growth. The ARDL model was used, due to the presence of integrated variables of order I(0) and I(1). The results of the cointegration test (Bound Test) showed an F-statistic of 6.48, well above the critical thresholds, confirming the existence of a long-term relationship between the variables studied. However, in the long term, none of the individual coefficients was statistically significant. This suggests a low structural sensitivity of GDP to conventional macroeconomic steering variables. In contrast, in the short term, the ECM model shows strong growth inertia and a significant, albeit slow, adjustment (ECM = -0.002015). These results call for ambitious reforms. The recommendations focus on macroeconomic stabilization, human capital development, economic diversification and the qualitative management of FDI. To achieve self-sustaining growth, the DRC will have to rely on coordinated, inclusive and transformative policies.

Full Product Details

Author:   Cedrick Mukeba Ntumba
Publisher:   Our Knowledge Publishing
Imprint:   Our Knowledge Publishing
Dimensions:   Width: 15.20cm , Height: 0.50cm , Length: 22.90cm
Weight:   0.122kg
ISBN:  

9786200051783


ISBN 10:   620005178
Pages:   84
Publication Date:   18 September 2025
Audience:   General/trade ,  General
Format:   Paperback
Publisher's Status:   Active
Availability:   Available To Order   Availability explained
We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately.

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