Description |
1 online resource (11 pages) |
Series |
Special report ; 234 |
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Special report (United States Institute of Peace) ; 234.
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Contents |
Battling the resource curse -- National context -- Businesspeople -- Business environment -- Perceptions -- Moving ahead -- Recommendations |
Summary |
"The Democratic Republic of Congo (DRC) has enormous economic potential thanks to its rich mineral deposits and vast tracts of arable land. Historically, these resources have been exploited by predatory leaders and a host of subregional actors. The time is now ripe for the DRC to put years of war and economic underdevelopment behind it. The business community has an important part to play in promoting sustainable peace in the DRC. Business communities in Bukavu and Lubumbashi have managed to remain profitable in the very trying years following the signing of the 1999 Lusaka peace accord by showing great resilience and versatility, primarily outside formal channels. Congolese businesses face serious obstacles, including poor infrastructure, high taxes, extortion, and market distortions. However, respondents expressed relatively little concern about insecurity and violence, suggesting that these costs have been internalized or that other obstacles impose much greater costs. DRC businesses neither want nor expect handouts. Respondents would prefer assistance in removing barriers to trade, improving infrastructure, and reducing corruption. Respondents are broadly optimistic about the future and their economic prospects, and have a strong sense of being stakeholders in shaping society. This bodes well for the future of the DRC, provided public policy can harness this energy and not impede it." |
Notes |
Title from title screen (viewed December 28, 2009) |
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"October 2009." |
Bibliography |
Includes bibliographical references |
Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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digitized 2011 HathiTrust Digital Library committed to preserve pda MiAaHDL |
Subject |
Business enterprises -- Congo (Democratic Republic)
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Business enterprises.
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Economic history.
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Economic policy.
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Politics and government
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SUBJECT |
Congo (Democratic Republic) -- Economic conditions -- 1960-
http://id.loc.gov/authorities/subjects/sh85149561
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Congo (Democratic Republic) -- Economic policy
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Congo (Democratic Republic) -- Politics and government -- 1997- http://id.loc.gov/authorities/subjects/sh98004013
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Subject |
Congo (Democratic Republic)
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Form |
Electronic book
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Author |
Downie, Richard Duncan, 1954-
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United States Institute of Peace.
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