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Sources of Growth in the Democratic Republic of the Congo

Sources of Growth in the Democratic Republic of the Congo »

Article

Source: Sources of Growth in the Democratic Republic of the Congo : A Cointegration Approach

Volume/Issue: 2004/114

Series: IMF Working Papers

Author(s): Matthias Cinyabuguma , and Bernardin Akitoby

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2004

ISBN: 9781451853827

Keywords: Congo, growth accounting, TFP, production function, cointegration, real gdp, economic growth, growth rate, Aggregate Factor Income Distribution,

The paper investigates the sources of growth in the Democratic Republic of the Congo since 1960 and evaluates the relative importance of total factor productivity growth and factor accumulation, using a cointegrati...

Fiscal Dominance and Inflation in the Democratic Republic of the Congo

Fiscal Dominance and Inflation in the Democratic Republic of the Congo »

Article

Source: Fiscal Dominance and Inflation in the Democratic Republic of the Congo

Volume/Issue: 2005/221

Series: IMF Working Papers

Author(s): Jean-Claude Nachega

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2005

ISBN: 9781451862409

Keywords: Congo, stabilization in developing countries, money growth, money supply, monetary policy, monetary economics, Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General,

This paper examines the fiscal dominance hypothesis in the Democratic Republic of the Congo (DRC) during 1981-2003, using multivariate cointegration analysis and vector errorcorrection modeling. Empirical results p...

Overshooting and Dollarization in the Democratic Republic of the Congo

Overshooting and Dollarization in the Democratic Republic of the Congo »

Article

Source: Overshooting and Dollarization in the Democratic Republic of the Congo

Volume/Issue: 2003/105

Series: IMF Working Papers

Author(s): Philippe Beaugrand

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2003

ISBN: 9781451852844

Keywords: Overshooting, Congo, Democratic Republic of, Za&;amp;#x00EF;re, inflation, foreign currency, money demand, monetary policy, central bank, Central Banking

The paper develops an interpretation of volatile exchange rate movements in a dollarized economy with very high rates of inflation. Differences between the rate of inflation and currency depreciation (over- or unde...

Trade Restrictiveness in the CEMAC Region : The Case of Congo

Trade Restrictiveness in the CEMAC Region : The Case of Congo »

Journal Issue

Volume/Issue: 2008/15

Series: IMF Working Papers

Author(s): Maria-Angels Oliva

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2008

DOI: http://dx.doi.org/10.5089/9781451868777.001

ISBN: 9781451868777

Keywords: Tariff barriers, exemptions, customs revenue, CEMAC, customs, customs value, trade regime, Congo, custom revenue,

Congo's vital dependence on trade for development stands in contradiction with its trade policy. As a member of the CEMAC, Congo's tariff scheme at least formally is guided by CEMAC's 1994 trade regime agreement. T...

Fiscal Dominance and Inflation in the Democratic Republic of the Congo

Fiscal Dominance and Inflation in the Democratic Republic of the Congo »

Journal Issue

Volume/Issue: 2005/221

Series: IMF Working Papers

Author(s): Jean-Claude Nachega

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2005

DOI: http://dx.doi.org/10.5089/9781451862409.001

ISBN: 9781451862409

Keywords: Congo, stabilization in developing countries, money growth, money supply, monetary policy, monetary economics, Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General,

This paper examines the fiscal dominance hypothesis in the Democratic Republic of the Congo (DRC) during 1981-2003, using multivariate cointegration analysis and vector errorcorrection modeling. Empirical results p...

Overshooting and Dollarization in the Democratic Republic of the Congo

Overshooting and Dollarization in the Democratic Republic of the Congo »

Journal Issue

Volume/Issue: 2003/105

Series: IMF Working Papers

Author(s): Philippe Beaugrand

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2003

DOI: http://dx.doi.org/10.5089/9781451852844.001

ISBN: 9781451852844

Keywords: Overshooting, Congo, Democratic Republic of, Za&;amp;#x00EF;re, inflation, foreign currency, money demand, monetary policy, central bank, Central Banking

The paper develops an interpretation of volatile exchange rate movements in a dollarized economy with very high rates of inflation. Differences between the rate of inflation and currency depreciation (over- or unde...

Sources of Growth in the Democratic Republic of the Congo : A Cointegration Approach

Sources of Growth in the Democratic Republic of the Congo : A Cointegration Approach »

Journal Issue

Volume/Issue: 2004/114

Series: IMF Working Papers

Author(s): Matthias Cinyabuguma , and Bernardin Akitoby

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2004

DOI: http://dx.doi.org/10.5089/9781451853827.001

ISBN: 9781451853827

Keywords: Congo, growth accounting, TFP, production function, cointegration, real gdp, economic growth, growth rate, Aggregate Factor Income Distribution,

The paper investigates the sources of growth in the Democratic Republic of the Congo since 1960 and evaluates the relative importance of total factor productivity growth and factor accumulation, using a cointegrati...

Catch-Up Growth, Habits, Oil Depletion, and Fiscal Policy : Lessons from the Republic of Congo

Catch-Up Growth, Habits, Oil Depletion, and Fiscal Policy : Lessons from the Republic of Congo »

Journal Issue

Volume/Issue: 2007/80

Series: IMF Working Papers

Author(s): Stéphane Carcillo , Mauricio Villafuerte , and Daniel Leigh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2007

DOI: http://dx.doi.org/10.5089/9781451866445.001

ISBN: 9781451866445

Keywords: Sustainable fiscal policy, habit formation, permanent-income hypothesis, catch-up growth, primary deficit, expenditure, government spending, public spending, Congo, Macroeconomic - Aspects Of Public Finance

In a number of oil producing countries, oil revenue accounts for the majority of government revenue, but is expected to be depleted in a relatively short time frame. Ensuring that fiscal policy is on a sustainable...

Oil and Growth in the Republic of Congo

Oil and Growth in the Republic of Congo »

Article

Source: Oil and Growth in the Republic of Congo

Volume/Issue: 2006/185

Series: IMF Working Papers

Author(s): Dhaneshwar Ghura , and Rina Bhattacharya

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2006

ISBN: 9781451864458

Keywords: conflicts, exchange rate, effective exchange rate, real effective exchange rate, equation, correlation, Economywide Country Studies: Africa, Congo,

This paper investigates the linkages between oil and growth in Congo, where there appears to be no evidence of direct spillover effects. The empirical results suggest however that political instability has a negati...

Oil and Growth in the Republic of Congo

Oil and Growth in the Republic of Congo »

Journal Issue

Volume/Issue: 2006/185

Series: IMF Working Papers

Author(s): Dhaneshwar Ghura , and Rina Bhattacharya

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2006

DOI: http://dx.doi.org/10.5089/9781451864458.001

ISBN: 9781451864458

Keywords: conflicts, exchange rate, effective exchange rate, real effective exchange rate, equation, correlation, Economywide Country Studies: Africa, Congo,

This paper investigates the linkages between oil and growth in Congo, where there appears to be no evidence of direct spillover effects. The empirical results suggest however that political instability has a negati...