Phanouel Kagufa, Pascaline Ntabugi, Bobo B. Kabungu
{"title":"1960 年至 2018 年刚果民主共和国国内价格和经济活动的变化:描述性分析、相关性和后续政策","authors":"Phanouel Kagufa, Pascaline Ntabugi, Bobo B. Kabungu","doi":"10.59189/crsh102255","DOIUrl":null,"url":null,"abstract":"This research paper aims to analyze the different relationships that exist between the inflation rate and economic growth, in the Congolese context, and to determine their implications in terms of economic policies. The approach is based on a combination of descriptive and econometric analyses, covering the period 1960-2018. This shows, on the one hand, the existence of a negative but insignificant link in the first three phases of the country's economic development and, on the other hand, a statically significant negative relationship with regard to the fourth phase. In addition, the study highlights a unilateral causality going from the rate of economic growth to the rate of inflation in the first and third phases. By way of recommendations, it is suggested to put in place mechanisms aimed at strengthening and consolidating the macroeconomic framework, based on the application of restrictive short-term policies and ambitious structural reforms and incentives favorable to public and private investment. It is only in this way that the increase in the DRC's gross domestic product can accelerate and be sustained, subject to a moderate or controlled variation in the general level of domestic prices.","PeriodicalId":159049,"journal":{"name":"Revue congolaise des sciences humaines et sociales","volume":"9 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2023-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Évolution des prix intérieurs et activité économique en RDC de 1960 à 2018 : analyse descriptive, corrélation et politiques subséquentes\",\"authors\":\"Phanouel Kagufa, Pascaline Ntabugi, Bobo B. Kabungu\",\"doi\":\"10.59189/crsh102255\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This research paper aims to analyze the different relationships that exist between the inflation rate and economic growth, in the Congolese context, and to determine their implications in terms of economic policies. The approach is based on a combination of descriptive and econometric analyses, covering the period 1960-2018. This shows, on the one hand, the existence of a negative but insignificant link in the first three phases of the country's economic development and, on the other hand, a statically significant negative relationship with regard to the fourth phase. In addition, the study highlights a unilateral causality going from the rate of economic growth to the rate of inflation in the first and third phases. By way of recommendations, it is suggested to put in place mechanisms aimed at strengthening and consolidating the macroeconomic framework, based on the application of restrictive short-term policies and ambitious structural reforms and incentives favorable to public and private investment. It is only in this way that the increase in the DRC's gross domestic product can accelerate and be sustained, subject to a moderate or controlled variation in the general level of domestic prices.\",\"PeriodicalId\":159049,\"journal\":{\"name\":\"Revue congolaise des sciences humaines et sociales\",\"volume\":\"9 1\",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2023-11-09\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Revue congolaise des sciences humaines et sociales\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.59189/crsh102255\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Revue congolaise des sciences humaines et sociales","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.59189/crsh102255","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Évolution des prix intérieurs et activité économique en RDC de 1960 à 2018 : analyse descriptive, corrélation et politiques subséquentes
This research paper aims to analyze the different relationships that exist between the inflation rate and economic growth, in the Congolese context, and to determine their implications in terms of economic policies. The approach is based on a combination of descriptive and econometric analyses, covering the period 1960-2018. This shows, on the one hand, the existence of a negative but insignificant link in the first three phases of the country's economic development and, on the other hand, a statically significant negative relationship with regard to the fourth phase. In addition, the study highlights a unilateral causality going from the rate of economic growth to the rate of inflation in the first and third phases. By way of recommendations, it is suggested to put in place mechanisms aimed at strengthening and consolidating the macroeconomic framework, based on the application of restrictive short-term policies and ambitious structural reforms and incentives favorable to public and private investment. It is only in this way that the increase in the DRC's gross domestic product can accelerate and be sustained, subject to a moderate or controlled variation in the general level of domestic prices.