Post Conflict Economics in Sub-Saharan Africa: Lessons from the Democratic Republic of the Congo: International Monetary Fund: 9781589062528: Amazon.com: Books
The Democratic Republic of the Congo is making significant strides on both the political and economic fronts to extricate itself from one of the bloodiest wars in African history. This remarkable turnaround offers other countries and the international community valuable lessons in preventing conflict and in coping with postconflict recovery. This book also provides a summary of the most recent research on conflict, an analysis of the causes of conflicts in Africa, and an outline of their key economic characteristics.
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"Postconflict Economics in Sub-Saharan Africa" describes positive changes that have taken place in the Democratic Republic of Congo (DRC) since President Joseph Kabila came to power in early 2001. The changes are varied and offer lessons and challenges in dealing with conflicts and their aftermaths. The second chapter deals with the proactive involvement in the DRC of international institutions like the IMF and World Bank and what their early, strong, and active participation has meant to turning things around in that country.
The subject of the next four chapters is the "economics of civil wars and sources of growth". Chapters 8 and 9 are about financial intermediation, and these are followed by a discussion on how to rebuild the country's institutions. In the end no matter how good the institutions, in the DRC's case the road ahead is a long one, and requires the demilitarization of the country if there is to be more than fleting progress.
In its genre the book does not reach the scholarship height established by J.M. Keynes's "The Economic Consequences of the Peace." Even so, the policy implications of its conclusions make the book a worthwhile project that will benefit many a reader. A 4.5 out of 5.0 stars.
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