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Resilience of an African giant : boosting growth and development in the Democratic Republic of Congo, Volume 1
 
Author:Herderschee, Johannes; Kaiser, Kai-Alexander; Mukoko Samba, Daniel; Country:Congo, Democratic Republic of ;
Date Stored:2011/10/10Document Date:2011/10/06
Document Type:PublicationISBN:978-0-8213-8909-6
Language:EnglishMajor Sector:Public Administration, Law, and Justice; Finance; Industry and trade
Rel. Proj ID:ZR-Drc: Country Economic Memoran -- -- P106432;Region:Africa
Report Number:64821Sub Sectors:General finance sector; General industry and trade sector; General public administration sector
Collection Title:Directions in development ; countries and regionsTF No/Name:TF095197-DRC Trade Facilitation Audit and Corridor Diagnostic; TF098501-Dissemination of CEM background paper; TF093499-TECHNICAL ASSISTANCE FOR DRC'S MTEF; TF094817-Capacity Building in Macro-projections for the MTEFand PRSP; TF097305-Development of an urban poverty strategy in DRC; TF096924-Capacity building for the preparation and use of a 1-2-3 survey in the ; TF096430-DRC and Western Regional Integration; TF096282-Support for long-term economic growth to realize the PRSP objectives; TF096833-DRC:
Volume No:1  

Summary: The size, resources, and location of the Democratic Republic of Congo have an impact on all of Central Africa. The country has unexplored mining resources, massive agricultural potential, and a population of more than 60 million inhabitants. The second largest country in Sub-Saharan Africa, the Democratic Republic of Congo borders nine countries and has complex economic, migration, and political relations with each of them. Its development has a significant impact on the economic growth and political stability of the continent. The international community has a long-standing involvement in the country. During the cold war, Western countries supported the Democratic Republic of Congo, despite its poor economic policies and political repression. Following the end of the cold war, foreign interest declined, reemerging around the turn of the century. In the last 10 years, the international community has invested considerable resources to stabilize the country through international peacekeeping efforts. Rising commodity prices have also ignited interest in the country's unexploited natural resources.

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