Cedrick MUKEBA NTUMBA

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

Econometric approach to sustainable development using the ARDL model and prospects for self-sustained growth

• Broschiertes Buch

Produktbeschreibung

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.

Produktdetails

• Verlag: Our Knowledge Publishing
• Seitenzahl: 84
• Erscheinungstermin: 18. September 2025
• Englisch
• Abmessung: 220mm x 150mm x 6mm
• Gewicht: 143g
• ISBN-13: 9786200051783
• ISBN-10: 620005178X
• Artikelnr.: 75471658

Autorenporträt

Cedrick MUKEBA NTUMBA, independent researcher, is passionate about economic and social sciences, and trained in statistics and economic planning at ISS/Kin. His academic career, which culminated in a Master's degree in rural economics and development at the Université de Mazenod, led him to take a close interest in development issues in the DRC.