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Dollarisation en RD Congo : Avantages et inconvénients

Author

Listed:
  • Jonas Kibala Kuma

    (UNIKIN - University of Kinshasa, UNIKIN - Département des Sciences économiques, Université de Kinshasa)

  • Joséphine Mushiya Kabengele

    (BCC - Banque Centrale du Congo)

  • Pathou Kavena

    (UGA - Université Grenoble Alpes, PACTE - Pacte, Laboratoire de sciences sociales - CNRS - Centre National de la Recherche Scientifique - UGA - Université Grenoble Alpes - IEPG - Sciences Po Grenoble-UGA - Institut d'études politiques de Grenoble - UGA - Université Grenoble Alpes, UNIKIN - Département des Sciences économiques, Université de Kinshasa, Université de Kinshasa)

Abstract

This study aims to describe the phenomenon of dollarization in the DRC, while specifying its nature and form, before identifying its causes and consequences in the form of advantages and disadvantages. According to the descriptive approach, it is noted that the Congolese economy is "dollarized", although it is a partial dollarization due to the fact that the national currency still has a small margin in transactions, and this dates back to the 90s, following hyperinflation and institutional and political crises. This phenomenon causes the country more harm than good as long as it constitutes a burden in the implementation of effective economic policies and causes the country to lose its monetary sovereignty and seigniorage revenues. To remedy this, it wants to initiate structural reforms and put in place strategies to stabilize and give sufficient credibility to the national currency over a long period, without creating financial instability, or capital flight or foreign divestment.

Suggested Citation

  • Jonas Kibala Kuma & Joséphine Mushiya Kabengele & Pathou Kavena, 2023. "Dollarisation en RD Congo : Avantages et inconvénients," Post-Print halshs-04686349, HAL.
    • Handle: RePEc:hal:journl:halshs-04686349
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-04686349v1
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    References listed on IDEAS

    as
    1. Mr. Adam Bennett & Mr. Eduardo Borensztein & Mr. Tomás J. T. Baliño, 1999. "Monetary Policy in Dollarized Economies," IMF Occasional Papers 1999/003, International Monetary Fund.
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    Keywords

    Dollarisation; RD Congo;

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