Sustainability of the current account: "an analysis of the case of DR. Congo"

In this paper we have addressed the issue of current account sustainability in the case of DR. Congo. We have come to the conclusion that the rate of economic growth and the rate of foreign direct investment are the main determinants of the sustainability of the DR. Congolese current account. This result is very important, knowing that developing economies blame external factors for the unsustainability of their current accounts. The result found here is revealing and has consequences in terms of the economic policies undertaken. The effort to make the current accounts of developing countries sustainable, the DR. The effort to make the current accounts of developing countries sustainable, the case under consideration, must necessarily involve the promotion of economic growth policies and development of the productive apparatus. In order to reduce the important external demand of products that can be produced locally at competitive costs.

Autorentext

Jonathan Muya has a degree in Economics, with a major in Monetary Economics. He has extensive experience in policy analysis and optimal choice theories. His research focuses on financial macroeconomics, economic relations, monetary and public expenditure policies and debt sustainability.