Uncertainty and Investment Behaviour in the Democratic Republic of Congo
| dc.contributor.author | Ndiwulu, Xavier Bitemo | |
| dc.date.accessioned | 2019-02-25T09:33:12Z | |
| dc.date.available | 2019-02-25T09:33:12Z | |
| dc.date.issued | 2011-01 | |
| dc.description | HC 955 .B58 2011 | en_US |
| dc.description.abstract | The aim of this study was to assess the impact of uncertainty on private investment in the Democratic Republic of Congo (DRC). We conducted an econometric analysis based on a flexible accelerator model of investment spending. The results showed that both macroeconomic uncertainty, as measured by the conditional variance of inflation, and political uncertainty had a negative impact on investment rates. The two main policy implications of these results are: First, stabilization policies, and especially their credibility, are essential to promote private investment in DRC; and second, the government should adopt policies which help to reduce the risk of reverting to conflict. | en_US |
| dc.description.sponsorship | AERC | en_US |
| dc.identifier.isbn | 9966-778-98-5 | |
| dc.identifier.uri | https://publication.aercafricalibrary.org/123456789/213 | |
| dc.publisher | AERC | en_US |
| dc.relation.ispartofseries | ;RESEARCH PAPER 226 | |
| dc.subject | Investments - Congo ( democratic republic) | en_US |
| dc.subject | Macroeconomic uncertainty | en_US |
| dc.subject | political risk | en_US |
| dc.subject | irreversibility, | en_US |
| dc.subject | Democratic Republic of Congo. | en_US |
| dc.title | Uncertainty and Investment Behaviour in the Democratic Republic of Congo | en_US |
| dc.type | Article | en_US |