Théorie de la Diversification Endogène en République Démocratique du Congo

ASIANI, Freddy (2024): Théorie de la Diversification Endogène en République Démocratique du Congo.

Abstract

The Democratic Republic of Congo (DRC) is rich in natural resources, but its economy remains vulnerable to fluctuations in commodity prices. Endogenous economic diversif ication, a concept aimed at broadening a country’s economic base by utilizing its own resources and capacities, could offer a pathway to sustainable and self-sustaining development in the DRC. This paper explores the Theory of Endogenous Diversification by examining its theoretical foundations, international experiences, and specific strategies applicable to the DRC, integrating mathematical developments to support this new theory.

• Item Type: MPRA Paper
• English Title: The theory of endogenous diversification in the Democratic Republic of Congo
• Language: French
• Keywords: Endogenous economic diversification, Resource curse, Democratic Republic of Congo, Sustainable development, Human capital, Infrastructure, Innovation and technology, Agriculture, Ecotourism, Mathematical growth model.
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O13 - Agriculture ; Natural Resources ; Energy ; Environment ; Other Primary Products; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O14 - Industrialization ; Manufacturing and Service Industries ; Choice of Technology; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O15 - Human Resources ; Human Development ; Income Distribution ; Migration; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O16 - Financial Markets ; Saving and Capital Investment ; Corporate Finance and Governance; O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O33 - Technological Change: Choices and Consequences ; Diffusion Processes; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q3 - Nonrenewable Resources and Conservation > Q32 - Exhaustible Resources and Economic Development; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q3 - Nonrenewable Resources and Conservation > Q33 - Resource Booms

References

[1] Acemoglu, D., Johnson, S., & Robinson, J. A. (2003). ”An African Success Story: Botswana”. In Rodrik, D. (Ed.), In Search of Prosperity: Analytic Narratives on Economic Growth (pp. 80-119). Princeton: Princeton University Press.

[2] Auty, R. M. (1993). Sustaining Development in Mineral Economies: The Resource Curse Thesis. London: Routledge.

[3] De Gregorio, J. (2009). ”Economic Growth in Latin America: From the Lost Decade to the Lost Half Decade”. Working Paper Series, No. 09-6. Central Bank of Chile.

[4] Hausmann, R., & Hidalgo, C. A. (2010). ”The building blocks of economic complexity”. Proceedings of the National Academy of Sciences, 107(26), 12410-12415.

[5] Imbs, J., & Wacziarg, R. (2003). ”Stages of Diversification”. American Economic Review, 93(1), 63-86.

[6] Lucas, R. E. (1988). ”On the Mechanics of Economic Development”. Journal of Monetary Economics, 22(1), 3-42.

[7] Romer, P. M. (1986). ”Increasing Returns and Long-Run Growth”. Journal of Political Economy, 94(5), 1002-1037.

[8] Sachs, J. D., & Warner, A. M. (2001). ”The curse of natural resources”. European Economic Review, 45(4-6), 827-838.