Effects of Political Instability on Economic Growth in the Republic of Congo - Modern Economy

ME > Vol.12 No.12, December 2021

Modern Economy

Volume 12, Issue 12 (December 2021)

ISSN Print: 2152-7245 ISSN Online: 2152-7261

Google-based Impact Factor: 0.74 Citations h5-index & Ranking

Effects of Political Instability on Economic Growth in the Republic of Congo ()

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DOI: 10.4236/me.2021.1212099 565 Downloads 7,703 Views Citations

Author(s)

Emerentienne Bakaboukila Ayessa, Jacques Hakizimana

Affiliation(s)

Laboratory of Research and Economic and Social Studies (LRES), Faculty of Economic Sciences, Marien Ngouabi University, Brazzaville, Congo.

ABSTRACT

The objective of this paper is to analyze the effects of political instability on economic growth in Republic of the Congo. The Autoregressive Lagged Model (ARDL) was used in the study period from 1986 to 2017. The results of this estimation show that political instability is a brake on economic growth. To this end, implications for strengthening policies to promote political stability were formulated.

KEYWORDS

Political Instability, Economic Growth, Congo

Share and Cite:

Bakaboukila Ayessa, E. and Hakizimana, J. (2021) Effects of Political Instability on Economic Growth in the Republic of Congo. Modern Economy, 12, 1896-1912. doi: 10.4236/me.2021.1212099.

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