Coordination des Politiques Monétaires et Croissance Economique en RDC: Rôle de la Gouvernance
Coordination of Monetary Policies and Economic Growth in the DRC: Role of Governance
Aristote Kaninda
MPRA Paper from University Library of Munich, Germany
Abstract:
In DRC, economic growth remains ineffectively influenced by the dynamics of multiple monetary policy factors. In view of this, an attempt is made in this article, examining the role that the quality of governance could play in the relationship between monetary policy and economic growth in this country during the period 1988- 2018. By developing an econometric analysis using the error correction model, it is revealed that the quality of governance plays a major role in the coordination of monetary policies and this positively impacts the economic growth of the DRC. As a result, government authorities must reform their intervention strategies; they must work with the aim of promoting a harmonious development of economic activities through the gradual approximation of economic policies.
Keywords: Monetary Policy; quality of governance; money supply; time series; cointegration; error correction model; economic growth (search for similar items in EconPapers)
JEL-codes: C32 E42 O11 O55 (search for similar items in EconPapers)
Date: 2021-01-12
New Economics Papers: this item is included in nep-fdg and nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:105264
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