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150128 ||| eng |
020 |
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|a 9781451853827
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100 |
1 |
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|a Cinyabuguma, Matthias
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245 |
0 |
0 |
|a Sources of Growth in the Democratic Republic of the Congo
|b A Cointegration Approach
|c Matthias Cinyabuguma, Bernardin Akitoby
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260 |
|
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|a Washington, D.C.
|b International Monetary Fund
|c 2004
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300 |
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|a 32 pages
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651 |
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4 |
|a Congo, Republic of
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653 |
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|a Natural Resource Extraction
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653 |
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|a Public expenditure review
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653 |
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|a Agribusiness
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653 |
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|a Cross-Country Output Convergence
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653 |
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|a Public finance & taxation
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653 |
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|a Mineral industries
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653 |
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|a Aggregate Productivity
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653 |
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|a Cost
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653 |
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|a Capital and Total Factor Productivity
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653 |
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|a Production
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653 |
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|a Industrial productivity
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653 |
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|a Agriculture: General
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653 |
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|a National accounts
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653 |
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|a Agricultural industries
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653 |
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|a National Government Expenditures and Related Policies: General
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653 |
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|a Agricultural sector
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653 |
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|a Macroeconomics
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653 |
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|a Measurement of Economic Growth
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653 |
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|a Agricultural economics
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653 |
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|a Capacity
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653 |
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|a Industry Studies: Primary Products and Construction: General
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653 |
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|a Infrastructure
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653 |
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|a Mining sector
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653 |
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|a Industry Studies: Transportation and Utilities: General
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653 |
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|a Aggregate Factor Income Distribution
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653 |
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|a Economic sectors
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653 |
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|a Total factor productivity
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653 |
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|a Expenditure
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653 |
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|a Saving and investment
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653 |
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|a Expenditures, Public
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653 |
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|a Public Finance
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653 |
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|a Transportation
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653 |
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|a Extractive industries
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653 |
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|a Production and Operations Management
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700 |
1 |
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|a Akitoby, Bernardin
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041 |
0 |
7 |
|a eng
|2 ISO 639-2
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989 |
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|b IMF
|a International Monetary Fund
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490 |
0 |
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|a IMF Working Papers
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028 |
5 |
0 |
|a 10.5089/9781451853827.001
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856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/001/2004/114/001.2004.issue-114-en.xml?cid=17234-com-dsp-marc
|x Verlag
|3 Volltext
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082 |
0 |
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|a 330
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520 |
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|a 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 cointegration method and a growth accounting framework. The main findings confirm that poor economic policies and bad governance (through their effects on total factor productivity and capital accumulation) contributed to the country's economic decline during the 40-year period, 1960-2000. Looking forward, the paper finds that the right policies are being put in place to pave the way for a restoration of economic growth
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