PROBLEM OF MONETARY SOVEREIGNTY IN THE DRC: Empirical verification

Problématique de la souveraineté monétaire en RDC: Vérification empirique

Benjamin Kongolo ()
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Benjamin Kongolo: Université de Kinshasa, Université Pédagogique Nationale

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Abstract: This study, which focuses on the issue of sovereignty in the DRC, has set itself the objective of verifying the sovereignty of the national currency in the DRC. To achieve this, the study is divided into 3 points which respectively dealt with generalities on monetary sovereignty, statistical verification of sovereignty and finally empirical analysis of monetary sovereignty. After analysis by the ARDL model, the study came to the conclusion that the Congolese national currency does not meet the criteria of a sovereign currency, because it cannot be used to stabilize the general level of prices and boost the economic growth.

Keywords: souveraineté monétaire modèle ARDL monetary sovereignty ARDL model; souveraineté monétaire; modèle ARDL monetary sovereignty; ARDL model (search for similar items in EconPapers)
Date: 2024-08-02
New Economics Papers: this item is included in nep-mon and nep-pay
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Published in 2024

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