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The Democratic Republic of Congo (DRC) is rich in natural resources, but its economy remains vulnerable to fluctuations in commodity prices. Endogenous economic diversif ication, a concept aimed at broadening a country’s economic base by utilizing its own resources and capacities, could offer...
Persistent link: https://www.econbiz.de/10015214242
Among the outstanding theories of development economics, neoclassical liberalism is the one that integrates in its field the environment of the socio-economic system. Through the economics of natural inheritance, it advocates the monetary valuation of natural goods and services without respect...
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This paper analyze the causality between copper production , public debt and poverty in D.R. Congo. The model shows that among the factors that are the basis of the welfare deterioration, there is the external debt which is a major obstacle to the fight against poverty.
Persistent link: https://www.econbiz.de/10015248133
The challenges of sustainable development are well known: the full enjoyment of the earth's resources without compromising the welfare of future generations. It is to reconcile the three pillars on which the concept is based, namely: economic, social and environmental. Beyond that called...
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Africa stands to gain from a free trade area (FTA) with a market of over 1.3 billion people. However, given the proliferation of trade agreements between parties to the African Continental Free Trade Area (AfCFTA) and third parties, globalization, which is marked by the proliferation of...
Persistent link: https://www.econbiz.de/10015250285