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Postconflict Economics in Sub-Saharan Africa, Lessons from the Democratic Republic of the Congo

Postconflict Economics in Sub-Saharan Africa, Lessons from the Democratic Republic of the Congo »

Series: Books

Author(s): Jean Clément

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 February 2005

DOI: http://dx.doi.org/10.5089/9781589062528.071

ISBN: 9781589062528

Keywords: civil war, civil wars, military, political instability, real gdp

The Democratic Republic of the Congo is making significant strides on both the political and economic fronts to extricate itself from one of the bloodiest wars in African history. This remarkable turnaround offers...

1 Introduction and Overview

1 Introduction and Overview »

Source: Postconflict Economics in Sub-Saharan Africa, Lessons from the Democratic Republic of the Congo

Series: Books

Author(s): Jean Clément

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 February 2005

ISBN: 9781589062528

Keywords: civil war, civil wars, military, political instability, real gdp

Internal conflict and wars have seriously affected Africa’s development and caused immense suffering to its population. One of the bloodiest wars since World War II took place in the Great Lakes region. The...

2 The Democratic Republic of the Congo: Lessons and Challenges for a Country Emerging From War

2 The Democratic Republic of the Congo: Lessons and Challenges for a Country Emerging From War »

Source: Postconflict Economics in Sub-Saharan Africa, Lessons from the Democratic Republic of the Congo

Series: Books

Author(s): Jean Clément

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 February 2005

ISBN: 9781589062528

Keywords: civil war, civil wars, military, political instability, real gdp

The Democratic Republic of the Congo (DRC) has made remarkable progress in the past three years to extricate itself from one of the bloodiest wars since World War II. The war had devastating effects on the p...

3 The Economics of Postconflict Countries: A Survey of the Literature

3 The Economics of Postconflict Countries: A Survey of the Literature »

Source: Postconflict Economics in Sub-Saharan Africa, Lessons from the Democratic Republic of the Congo

Series: Books

Author(s): Jean Clément

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 February 2005

ISBN: 9781589062528

Keywords: civil war, civil wars, military, political instability, real gdp

Section I. Introduction The problems affecting countries in conflict have been the focus of increased attention in recent years, with particular emphasis on the impact of civil wars,...

4 The Economics of Civil War in Sub-Saharan Africa

4 The Economics of Civil War in Sub-Saharan Africa »

Source: Postconflict Economics in Sub-Saharan Africa, Lessons from the Democratic Republic of the Congo

Series: Books

Author(s): Jean Clément

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 February 2005

ISBN: 9781589062528

Keywords: civil war, civil wars, military, political instability, real gdp

Section I. Introduction We have always maintained that the conflict in Sierra Leone is not about ideological, tribal or regional differences. It has nothing to do wit...

5 Economic Performance Over the Conflict Cycle

5 Economic Performance Over the Conflict Cycle »

Source: Postconflict Economics in Sub-Saharan Africa, Lessons from the Democratic Republic of the Congo

Series: Books

Author(s): Jean Clément

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 February 2005

ISBN: 9781589062528

Keywords: civil war, civil wars, military, political instability, real gdp

Section I. Introduction Poverty and armed conflict are closely connected, so the poorest countries face the prospect of being caught in a “conflict trap” of poverty and recurring con...

6 Sources of Growth in the Democratic Republic of the Congo: An Econometric Approach

6 Sources of Growth in the Democratic Republic of the Congo: An Econometric Approach »

Source: Postconflict Economics in Sub-Saharan Africa, Lessons from the Democratic Republic of the Congo

Series: Books

Author(s): Jean Clément

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 February 2005

ISBN: 9781589062528

Keywords: civil war, civil wars, military, political instability, real gdp

Section I. Introduction The Democratic Republic of the Congo (DRC), 1 with a large and dynamic population of more than 55 million people, is endowed...

7 Political Instability and Growth in the Central African Republic, a Neighbor of the Democratic Republic of the Congo

7 Political Instability and Growth in the Central African Republic, a Neighbor of the Democratic Republic of the Congo »

Source: Postconflict Economics in Sub-Saharan Africa, Lessons from the Democratic Republic of the Congo

Series: Books

Author(s): Jean Clément

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 February 2005

ISBN: 9781589062528

Keywords: civil war, civil wars, military, political instability, real gdp

Section I. Introduction The Central African Republic (C.A.R.), a landlocked nation about the size of France, is one of the poorest countries in the world. It ranked 168th out of 175...

8 Empirical Evidence of the Sources of Hyperinflation and Falling Currency

8 Empirical Evidence of the Sources of Hyperinflation and Falling Currency »

Source: Postconflict Economics in Sub-Saharan Africa, Lessons from the Democratic Republic of the Congo

Series: Books

Author(s): Jean Clément

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 February 2005

ISBN: 9781589062528

Keywords: civil war, civil wars, military, political instability, real gdp

The Democratic Republic of the Congo (DRC) experienced hyperinflation throughout the 1990s. For instance, from October 1990 to December 1995, the cumulative increase in prices was 6.3 billion percent, while...

9 Challenges to Financial Intermediation in the Democratic Republic of the Congo

9 Challenges to Financial Intermediation in the Democratic Republic of the Congo »

Source: Postconflict Economics in Sub-Saharan Africa, Lessons from the Democratic Republic of the Congo

Series: Books

Author(s): Jean Clément

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 February 2005

ISBN: 9781589062528

Keywords: civil war, civil wars, military, political instability, real gdp

For a number of years, the financial system [including the Central Bank of the Congo or BCC (Banque Centrale du Congo)] in the Democratic Republic of the Congo (DRC) has operated with limited resources in a...