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A Projection Model for Resource-rich and Dollarized Economy: The Democratic Republic of the Congo
The paper introduces a semi-structural Quarterly Projection Model (QPM) tailored for the Democratic Republic of the Congo (DRC), highlighting its resource richness and high degree of dollarization. We provide an overview of the model's specifications to elucidate key features of the DRC economy and present its properties, evaluating its alignment with DRC data and assessing its goodness of fit. Additionally, the paper demonstrates the QPM's practical application through a counterfactual scenario, comparing policy recommendations with the actual policy responses of the Central Bank of the Republic of Congo to observed exchange rate and inflation pressures in 2023. Beyond the QPM, the paper showcases supplementary tools that enhance its utility for generating medium-term forecasts and developiong narratives in support of monetary policymaking. Specifically, we introduce the Nowcasting and Near-Term Forecast models, designed to assess the economy in real-time and predict short-term inflationary trends.
The Congo Wars
Since 1996 war has raged in the Congo while the world has looked away. Waves of armed conflict and atrocities against civilians have resulted in over three million casualties, making this one of the bloodiest yet least understood conflicts of recent times. In The Congo Wars Thomas Turner provides the first in-depth analysis of what happened. The book describes a resource-rich region, suffering from years of deprivation and still profoundly affected by the shockwaves of the Rwandan genocide. Turner looks at successive misguided and self-interested interventions by other African powers, including Uganda, Angola, Zimbabwe and Namibia, as well as the impotence of United Nations troops. Cutting through the historical myths so often used to understand the devastation, Turner indicates the changes required of Congolese leaders, neighbouring African states and the international community to bring about lasting peace and security.
Memorializing the Unsung
By the time the Capuchins arrived in the seventeenth century, Kongo had been Catholic for nearly two hundred years. The European mission could not be conversion, then, but reinforcement; the Capuchins sought to establish the sacraments and a line to Rome in a lay-led church already suffused with an enduring, creative, and complex theological culture. In Memorializing the Unsung, Elochukwu Uzukwu uses the framework of this “ancient” Kongo Catholicism to explore European dependence on enslaved Kongo Catholics and the unconscionable Capuchin and Spiritan participation in the slave trade at large—a practice denounced by the lone voices of Capuchin Epifanio de Moirans and Spiritan Alexandre...
An Archive of Possibilities
In An Archive of Possibilities, anthropologist and surgeon Rachel Marie Niehuus explores possibilities of healing and repair in the eastern Democratic Republic of Congo against a backdrop of 250 years of Black displacement, enslavement, death, and chronic war. Niehuus argues that in a context in which violence characterizes everyday life, Congolese have developed innovative and imaginative ways to live amid and mend from repetitive harm. Drawing on ethnographic fieldwork and the Black critical theory of Achille Mbembe, Christina Sharpe, Alexis Pauline Gumbs and others, Niehuus explores the renegotiation of relationships with land as a form of public healing, the affective experience of living in insecurity, the hospital as a site for the socialization of pain, the possibility of necropolitical healing, and the uses of prophesy to create collective futures. By considering the radical nature of cohabitating with violence, Niehuus demonstrates that Congolese practices of healing imagine and articulate alternative ways of living in a global regime of antiblackness.
Political Handbook of Africa
Political Handbook of Africa 2007 is your personal guide to the politics and issues of this vast, diverse continent. Important topics covered include religious and ethnic conflict, political and economic development, debt burdens, the legacy of colonialism, and the persistence of political corruption. Sup-regional issues include terrorism in North Africa, the humanitarian crisis in Darfur, allegations of war crimes in Liberia, turmoil in Somalia, and more.
