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Impact of public capital on economic growth in DR Congo

Impact of public capital on economic growth in DR Congo

von Thierry Kiwebe Mundjembe
Softcover - 9786205426739
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Beschreibung

The DRC offers a sizeable market to potential investors, but the development of its potential has been undeniably hampered by the country's poor infrastructure. In terms of both quality and quantity, the DRC lags behind several sub-Saharan African countries in the area of infrastructure. The infrastructure deficit in poor countries is indeed glaring and hampers their economic take-off. In sub-Saharan Africa, infrastructure investment needs represent on average 5 to 6% of GDP [African Development Bank, 2021]. In the DRC, basic infrastructure is in ruins. Meanwhile, capital expenditures [roads, bridges, pavements, anti-erosion works, etc.] represent only 0.9% of GDP in 2021 and an average of 1.1% for the period 1975-2021. The optimal size of the state, however, is non-existent.

What is the optimal size of the state?

Details

Verlag Our Knowledge Publishing
Ersterscheinung 06. Dezember 2022
Maße 22 cm x 15 cm x 0.4 cm
Gewicht 107 Gramm
Format Softcover
ISBN-13 9786205426739
Seiten 60