Macroeconomic stability in the DRC: highlighting the role of exchange rate and economic growth
Journal Title: Invention Journal of Research Technology in Engineering & Management - Year 2018, Vol 2, Issue 8
Abstract
This study is part of a macroeconomic approach and seeks to identify the role of the rate of economic growth and the exchange rate in controlling the macroeconomic framework. The approaches adopted in this paper are part of Keynesian thinking on macroeconomic stability using the macroeconomic stability index proposed by Burnside and Dollars (2004) and A. Amine (2005). Our results argue that economic growth is causing macroeconomic stability and that the exchange rate is negatively and significantly accounting for macroeconomic stability in the Democratic Republic of Congo.
Authors and Affiliations
Nyamugira Biringanine Alex
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