Lost Over Six Decades: How Democratic Republic of Congo Remain in Poverty

Nerhum Sandambi

No fe4gc_v1, SocArXiv from Center for Open Science

Abstract: This Approach analyses, in particular, Democratic Republic of Congo evidence after six decades of independence. The Country remains trapped in poverty, the politics interventions were particularly analysed, this, quantified from civil war after independence. On the other hand, the post-independence period was naturally affected by the high level of the vicious circle implemented during the Mobutu president regime, the vicious circle is the relevant channel that drove the Country to high multidimensional poverty. The inequality of regions naturally was intensified, however, the vicious circle in general help to drive the dual economy and dual society in particular, where in majority inside regions of the Country exist majority poorer family, currently the informal economy exist naturally in large majority region's, any activities on Democratic Republic of Congo are made from the informal economy, followed by existence of many informal companies. The Mobutu presidential regime introduced a type of democracy and institutions politics, that guaranteed the privilege from a small group of society, mainly the politicians that had control of the politics and the economics institutions in general. The Democratic Republic of Congo democracy is similar to that verified in countries such as Angola,Mozambique, and Equatorial Guinea. These democracies in particular work to satisfy an interest of a small group of society, mainly the economic interest, that naturally represents democracy at the service of the Vicious circle in particular. These Countries share particularly the same trajectory, such as the politics trajectory and economics trajectory in general, reinforced with the evidence that are naturally verified on the Congo Brazzaville, apparently the Country shows some decentralisation, however, most important decisions are taken from the central government. The economic potential did not provide enough to guarantee the economic transformation in particular, thus, Country sleeps on the abundance of natural resources, furthermore this evidence is in line with the approach of paradox of plenty.

Date: 2026-09-03
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Persistent link: https://EconPapers.repec.org/RePEc:osf:socarx:fe4gc_v1

DOI: 10.31235/osf.io/fe4gc_v1

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