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

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 se...

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Bibliographic Details
Main Authors: Herderschee, Johannes, Kaiser, Kai-Alexander, Mukoko Samba, Daniel
Language:English
Published: World Bank 2012
Subjects:
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20111010054240
http://hdl.handle.net/10986/2359
Description
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.