Resilience of an African Giant : Boosting Growth and Development in the Democratic Republic of Congo

The development of an effective state, a reliable infrastructure, and a dynamic private sector has long been hampered by political economy obstacles in the Democratic Republic of Congo. Resilience of an African Giant identifies these obstacles, which prevent the country from realizing its economic potential as the second-largest country in Sub-Saharan Africa, and outlines how they can be-and in some cases have been-overcome.Four instruments that have been used to boost economic development in the past and that can contribute to more development in the future are explored in the book: coordination among those who control or influence policy, application of new technologies, leveraging of external anchors, and development of social accountability networks.This book pulls together an impressive body of research on the exemplary transition of a country from a state of conflict to a post-conflict situation, and from there toward becoming a country with legitimate institutions created by free, democratic, and transparent elections.… I therefore wholeheartedly recommend it to all who are interested in development, particularly to policy makers in my country, as well as its partners.

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Year of publication:	2011
Authors:	Herderschee, Johannes
Other Persons:	Kaiser, Kai-Alexander (contributor) ; Samba, Daniel Mukoko (contributor)
Publisher:	Herndon : World Bank Publications
Subject:	Kongo (Demokratische Republik) \| Congo (Democratic Republic) \| Entwicklung \| Economic development \| Afrika \| Africa \| Wirtschaftswachstum \| Economic growth

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Extent:	1 online resource (110 pages)
Series:	Directions in Development Directions in development : countries and regions
Type of publication:	Book / Working Paper
Language:	English
Notes:	Description based on publisher supplied metadata and other sources. Contents; Foreword; Preface; Acknowledgments; Abbreviations; Executive Summary; A Fragile Recovery; Governance and the Evolution of Political Institutions; Overcoming the Governance Challenges; Priority Setting for the New Government; Managing Political Consolidation and Sustaining Growth; Notes; Chapter 1 Introduction; Notes; Chapter 2 A Fragile Renaissance; A Growing, but Weak, Economy; Improved Economic Growth and Modest Poverty Reduction; Natural Resource Disparities and Regional Inequality; Coexistence of Integrated and Isolated Sectors; Improved Macroeconomic Indicators, but High Risks Lack of Good Governance and the Functioning of Economic Activities and Public ServicesPriorities to Improve Economic Outcomes; Notes; Chapter 3 Government Effectiveness; Steps to an Improved Political Consensus; The State's Economic Challenges; Building on the Macroeconomic and Democratic Reforms: What Comes Next?; Notes; Chapter 4 Unlocking the Infrastructure Challenge; Current Status of Major Infrastructure Sectors; Investment Priorities; State-Owned Enterprises and Service Delivery; Notes; Chapter 5 Private Sector Development and Employment Creation; Employment Legal Protection for Economic Activities and EmploymentTechnology and Financial Sector Development; Employment Growth through Natural Resource Development; Prioritizing the Next Steps by Defining Growth Poles; Notes; Chapter 6 How to Sequence Policy Interventions?; Progress and Direction; Challenges; Identifying Instruments and Sequencing Their Application; Opportunities to Experiment in a Large, Diverse Country; Notes; References; Boxes; 1.1 Main Points of the Background Papers; 1.2 Recent Developments in the Economic Growth Literature; 2.1 Foreign Aid, by Donor, Sector, and Region 3.1 Lack of Transparency in Public Finance Management4.1 Lessons from Uganda's Experience with Governance in the Transport Sector; 4.2 The Telecom Sector: Key Elements That Supported Its Rapid Growth; 4.3 Public-Private Partnership in the Education Sector; 5.1 The 2010 Investment Climate Assessment Survey; 5.2 Alternatives to Relieving Binding Constraints to Trade, Investment, and Growth; 5.3 Judicial Reform; 5.4 Experience with Social Programs Implemented in the Context of the 2008-09 Financial Crisis; 6.1 Provincial Budget Management Peer Learning Event; 6.2 A Growth Pole Pilot Program? FiguresES.1 GDP per Capita, 1960-2008; ES.2 Public Investment as a Percent of GDP; 1.1 Long-Term Economic and Security Indicators; 2.1 Economic Growth, 1960-2010; 2.2 GDP Growth, by Sector, 1996-2010; 2.3 Investment, Aid, and Trade, 2000-10; B2.1 Foreign Aid, by Creditor and Sector, 2006-09; 2.4 Government Balance, Net Credit to the Government, and Inflation; 2.5 Governance Indicators, 2000-09; 2.6 Percent Enrollment in Primary and Secondary Education, 1984-2007; 3.1 Gross Foreign Assets in the Central and Commercial Banks, 2003-10 B3.1 Budgets Allocated by Parliament and Budget Execution, 2008-10
ISBN:	978-0-8213-8910-2 ; 978-0-8213-8909-6
Source:	ECONIS - Online Catalogue of the ZBW

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