DEVELOPMENT MANAGEMENT AND ECONOMIC OUTCOMES: A REVIEW OF THE CHINESE EXPERIENCE AND EMERGING PROSPECTS FOR THE DRC

PILOTAGE DU DEVELOPPEMENT ET RESULTATS ECONOMIQUES: REVUE DE L'EXPERIENCE CHINOISE ET PERSPECTIVES D'EMERGENCE POUR LA RDC

Bobo B. Kabungu () and Pascaline Ntabugi Barakomerwa
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Bobo B. Kabungu: Bircham International University, UGA UFR FEG - Université Grenoble Alpes - Faculté d'Économie de Grenoble - UGA [2016-2019] - Université Grenoble Alpes [2016-2019]
Pascaline Ntabugi Barakomerwa: UNIKIN - University of Kinshasa

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Abstract: Development refers to the set of social transformations that enhance the ability of a population to increase its real and global product and to put this trend into the longer term. If we accept this meaning, China has developed, at least in economic terms. A consensus emerges on this, despite the criticisms. Several countries would like to take it as an example and the DRC is one of them. This paper shows, after a detailed conceptual framework, how China has traveled along the second half of the 20th century and has managed to "emerge" as the DRC has engulfed itself. Using a comparative method it reviews experiences in the field of development steering and highlights a schism between the two countries then both under occupation at the beginning of the last century. Hope is not lost; through suggestions for planning and economic policy, such as prioritizing reforms, implementing a coherent development plan, diversifying the economy, consolidating public finances, or the increase in investment budgets, the country can return to the path of its development. But this requires political stability and an awareness of the actors.

Keywords: economic planning; five-year plan; emergence; governance; China; Democratic Republic of Congo; Development economics; République Démocratique du Congo; Economie du développement; plan quinquennal; planification économique; Chine; gouvernance; émergence (search for similar items in EconPapers)
Date: 2017-12
Note: View the original document on HAL open archive server: https://hal.science/hal-02314585v1
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Published in Annales de l'UNIGOM, 2017, VII

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