Congo, Democratic Republic of - Enhanced Integration Framework Program (EIF) : diagnostic trade integration study
The goal of the Congo, Democratic Republic of (DRC's) trade policy is to create a regulatory, fiscal and institutional environment in which domestic and foreign trade can develop unhindered, opening up the country's vast territory and int...
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| Format: | Foreign Trade, FDI, and Capital Flows Study |
| Language: | English |
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World Bank
2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20110210233450 http://hdl.handle.net/10986/2971 |
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okr-10986-2971 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ADMINISTRATIVE PROCEDURES AGRICULTURAL OUTPUT AGRICULTURE AIR AIR NAVIGATION ALTERNATIVE POLICIES ARABLE LAND AUDITS AVIATION SECTOR BANK OPERATIONS BILATERAL TRADE BOND BORDER CROSSING BORDER CROSSINGS BRIDGE BUSINESS CLIMATE CADASTRE CAPACITY BUILDING CARBON CARBON CREDITS CARBON TRADING CASH FLOW CENTRAL BANK CENTRALIZATION CLEAN DEVELOPMENT MECHANISM CLIMATE CHANGE COMMERCIAL BANK COMMERCIAL BANKS COMMODITY COMMODITY PRICES COMMON MARKET COMMUNICATIONS TECHNOLOGY CONFLICTS OF INTEREST CONSUMER GOODS COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER COST ANALYSIS COST STRUCTURE COST-BENEFIT ANALYSIS CROSSING CUSTOMS UNION DEBT DECENTRALIZATION DECISION MAKING DEFORESTATION DEPOSIT DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT BANK DOMESTIC ECONOMY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC REFORM ECONOMIC SECTORS EFFICIENT MARKETS EMISSION EMISSION REDUCTIONS EMISSIONS ENTRY POINTS EXCISE TAXES EXPORT SECTORS EXPORTS EXTERNAL FINANCING EXTERNAL TRADE EXTREME POVERTY FACTORS OF PRODUCTION FINANCE CORPORATION FINANCIAL CRISIS FINANCIAL MANAGEMENT FINANCIAL SERVICES FISH FISHERIES FOREIGN DIRECT INVESTMENT FOREIGN INVESTORS FOREIGN MARKETS FOREIGN TRADE FOREST MANAGEMENT FORESTRY FRAUD FREE TRADE FREIGHT FREIGHT SECTOR GDP GENERALIZED SYSTEM OF PREFERENCES GOVERNMENT INTERVENTION GREENHOUSE GASES GROSS DOMESTIC PRODUCT HARMONIZATION HIGHWAY HIGHWAY NETWORK HIGHWAYS INCOME INCOMES INFORMATION TECHNOLOGY INFRASTRUCTURE REFORM INFRASTRUCTURES INLAND WATERS INSPECTION INSTITUTIONAL CAPACITY INSTITUTIONAL ENVIRONMENT INSURANCE INTERNAL RATE OF RETURN INTERNATIONAL BANK INTERNATIONAL COOPERATION INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL GATEWAYS INTERNATIONAL INVESTORS INTERNATIONAL TRADE INVENTORY INVESTMENT BANK INVESTMENT CLIMATE ITC LAW ENFORCEMENT LEGAL FRAMEWORK LIMITED LIABILITY LIMITED LIABILITY COMPANY LOAN LOAN COOPERATIVE |
| spellingShingle |
ADMINISTRATIVE PROCEDURES AGRICULTURAL OUTPUT AGRICULTURE AIR AIR NAVIGATION ALTERNATIVE POLICIES ARABLE LAND AUDITS AVIATION SECTOR BANK OPERATIONS BILATERAL TRADE BOND BORDER CROSSING BORDER CROSSINGS BRIDGE BUSINESS CLIMATE CADASTRE CAPACITY BUILDING CARBON CARBON CREDITS CARBON TRADING CASH FLOW CENTRAL BANK CENTRALIZATION CLEAN DEVELOPMENT MECHANISM CLIMATE CHANGE COMMERCIAL BANK COMMERCIAL BANKS COMMODITY COMMODITY PRICES COMMON MARKET COMMUNICATIONS TECHNOLOGY CONFLICTS OF INTEREST CONSUMER GOODS COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER COST ANALYSIS COST STRUCTURE COST-BENEFIT ANALYSIS CROSSING CUSTOMS UNION DEBT DECENTRALIZATION DECISION MAKING DEFORESTATION DEPOSIT DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT BANK DOMESTIC ECONOMY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC REFORM ECONOMIC SECTORS EFFICIENT MARKETS EMISSION EMISSION REDUCTIONS EMISSIONS ENTRY POINTS EXCISE TAXES EXPORT SECTORS EXPORTS EXTERNAL FINANCING EXTERNAL TRADE EXTREME POVERTY FACTORS OF PRODUCTION FINANCE CORPORATION FINANCIAL CRISIS FINANCIAL MANAGEMENT FINANCIAL SERVICES FISH FISHERIES FOREIGN DIRECT INVESTMENT FOREIGN INVESTORS FOREIGN MARKETS FOREIGN TRADE FOREST MANAGEMENT FORESTRY FRAUD FREE TRADE FREIGHT FREIGHT SECTOR GDP GENERALIZED SYSTEM OF PREFERENCES GOVERNMENT INTERVENTION GREENHOUSE GASES GROSS DOMESTIC PRODUCT HARMONIZATION HIGHWAY HIGHWAY NETWORK HIGHWAYS INCOME INCOMES INFORMATION TECHNOLOGY INFRASTRUCTURE REFORM INFRASTRUCTURES INLAND WATERS INSPECTION INSTITUTIONAL CAPACITY INSTITUTIONAL ENVIRONMENT INSURANCE INTERNAL RATE OF RETURN INTERNATIONAL BANK INTERNATIONAL COOPERATION INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL GATEWAYS INTERNATIONAL INVESTORS INTERNATIONAL TRADE INVENTORY INVESTMENT BANK INVESTMENT CLIMATE ITC LAW ENFORCEMENT LEGAL FRAMEWORK LIMITED LIABILITY LIMITED LIABILITY COMPANY LOAN LOAN COOPERATIVE World Bank Congo, Democratic Republic of - Enhanced Integration Framework Program (EIF) : diagnostic trade integration study |
| geographic_facet |
Africa Sub-Saharan Africa Central Africa Congo, Democratic Republic of |
| description |
The goal of the Congo, Democratic
Republic of (DRC's) trade policy is to create a
regulatory, fiscal and institutional environment in which
domestic and foreign trade can develop unhindered, opening
up the country's vast territory and integrating it into
regional and international trade channels. In this respect,
the analyses in this report highlight three priorities: (i)
to streamline and reduce port taxation; (ii) to conclude the
negotiations on a future Economic Partnership Agreement
(EPA) with the European Union (EU); and (iii) to move ahead
with regional integration with the DRC's natural
partners. The identification of these priorities is based on
the diagnosis of the DRC's macroeconomic and trade
performance and the implications of its choices in terms of
trade policy Although it is sometimes said that natural
resources are 'a curse' when referring to the
disappointing performance of many commodity-exporting
countries, work carried out recently has .shown that an
abundance of natural resources is not, in itself, a factor
inhibiting growth. What is important for the DRC and for all
other commodity-exporting countries is to put in place an
environment that is beneficial for all sectors of the
economy, in which all people and sectors have access to
factors of production in a competitive environment where the
rule of law is respected. A stable macroeconomic environment
is the essential prerequisite for efficient markets. The
Congolese economy, however, has recently been subject to
considerable pressures. During the last quarter of 2008,
commodity prices temporarily collapsed. In addition,
disturbances in the Eastern provinces led the Government to
increase spending on national defence, financing this
through a loan from the Central Bank. This unrest led to
market fears concerning the stability of the Congolese
franc, helping to cause its depreciation. The
authorities' response in terms of macroeconomic policy
has been ambiguous, particularly as regards monetary policy.
This report is divided into five chapters: implementation
and recommendations; trade performance and the policy in the
DRC; trade facilitation; performance of sectors upstream:
infrastructure and services; and performance of sectors
downstream: mining, agriculture, and forestry. |
| format |
Economic & Sector Work :: Foreign Trade, FDI, and Capital Flows Study |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Congo, Democratic Republic of -
Enhanced Integration Framework Program (EIF) : diagnostic
trade integration study |
| title_short |
Congo, Democratic Republic of -
Enhanced Integration Framework Program (EIF) : diagnostic
trade integration study |
| title_full |
Congo, Democratic Republic of -
Enhanced Integration Framework Program (EIF) : diagnostic
trade integration study |
| title_fullStr |
Congo, Democratic Republic of -
Enhanced Integration Framework Program (EIF) : diagnostic
trade integration study |
| title_full_unstemmed |
Congo, Democratic Republic of -
Enhanced Integration Framework Program (EIF) : diagnostic
trade integration study |
| title_sort |
congo, democratic republic of -
enhanced integration framework program (eif) : diagnostic
trade integration study |
| publisher |
World Bank |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20110210233450 http://hdl.handle.net/10986/2971 |
| _version_ |
1764386266094239744 |
| spelling |
okr-10986-29712021-04-23T14:02:05Z Congo, Democratic Republic of - Enhanced Integration Framework Program (EIF) : diagnostic trade integration study World Bank ADMINISTRATIVE PROCEDURES AGRICULTURAL OUTPUT AGRICULTURE AIR AIR NAVIGATION ALTERNATIVE POLICIES ARABLE LAND AUDITS AVIATION SECTOR BANK OPERATIONS BILATERAL TRADE BOND BORDER CROSSING BORDER CROSSINGS BRIDGE BUSINESS CLIMATE CADASTRE CAPACITY BUILDING CARBON CARBON CREDITS CARBON TRADING CASH FLOW CENTRAL BANK CENTRALIZATION CLEAN DEVELOPMENT MECHANISM CLIMATE CHANGE COMMERCIAL BANK COMMERCIAL BANKS COMMODITY COMMODITY PRICES COMMON MARKET COMMUNICATIONS TECHNOLOGY CONFLICTS OF INTEREST CONSUMER GOODS COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER COST ANALYSIS COST STRUCTURE COST-BENEFIT ANALYSIS CROSSING CUSTOMS UNION DEBT DECENTRALIZATION DECISION MAKING DEFORESTATION DEPOSIT DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT BANK DOMESTIC ECONOMY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC REFORM ECONOMIC SECTORS EFFICIENT MARKETS EMISSION EMISSION REDUCTIONS EMISSIONS ENTRY POINTS EXCISE TAXES EXPORT SECTORS EXPORTS EXTERNAL FINANCING EXTERNAL TRADE EXTREME POVERTY FACTORS OF PRODUCTION FINANCE CORPORATION FINANCIAL CRISIS FINANCIAL MANAGEMENT FINANCIAL SERVICES FISH FISHERIES FOREIGN DIRECT INVESTMENT FOREIGN INVESTORS FOREIGN MARKETS FOREIGN TRADE FOREST MANAGEMENT FORESTRY FRAUD FREE TRADE FREIGHT FREIGHT SECTOR GDP GENERALIZED SYSTEM OF PREFERENCES GOVERNMENT INTERVENTION GREENHOUSE GASES GROSS DOMESTIC PRODUCT HARMONIZATION HIGHWAY HIGHWAY NETWORK HIGHWAYS INCOME INCOMES INFORMATION TECHNOLOGY INFRASTRUCTURE REFORM INFRASTRUCTURES INLAND WATERS INSPECTION INSTITUTIONAL CAPACITY INSTITUTIONAL ENVIRONMENT INSURANCE INTERNAL RATE OF RETURN INTERNATIONAL BANK INTERNATIONAL COOPERATION INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL GATEWAYS INTERNATIONAL INVESTORS INTERNATIONAL TRADE INVENTORY INVESTMENT BANK INVESTMENT CLIMATE ITC LAW ENFORCEMENT LEGAL FRAMEWORK LIMITED LIABILITY LIMITED LIABILITY COMPANY LOAN LOAN COOPERATIVE The goal of the Congo, Democratic Republic of (DRC's) trade policy is to create a regulatory, fiscal and institutional environment in which domestic and foreign trade can develop unhindered, opening up the country's vast territory and integrating it into regional and international trade channels. In this respect, the analyses in this report highlight three priorities: (i) to streamline and reduce port taxation; (ii) to conclude the negotiations on a future Economic Partnership Agreement (EPA) with the European Union (EU); and (iii) to move ahead with regional integration with the DRC's natural partners. The identification of these priorities is based on the diagnosis of the DRC's macroeconomic and trade performance and the implications of its choices in terms of trade policy Although it is sometimes said that natural resources are 'a curse' when referring to the disappointing performance of many commodity-exporting countries, work carried out recently has .shown that an abundance of natural resources is not, in itself, a factor inhibiting growth. What is important for the DRC and for all other commodity-exporting countries is to put in place an environment that is beneficial for all sectors of the economy, in which all people and sectors have access to factors of production in a competitive environment where the rule of law is respected. A stable macroeconomic environment is the essential prerequisite for efficient markets. The Congolese economy, however, has recently been subject to considerable pressures. During the last quarter of 2008, commodity prices temporarily collapsed. In addition, disturbances in the Eastern provinces led the Government to increase spending on national defence, financing this through a loan from the Central Bank. This unrest led to market fears concerning the stability of the Congolese franc, helping to cause its depreciation. The authorities' response in terms of macroeconomic policy has been ambiguous, particularly as regards monetary policy. This report is divided into five chapters: implementation and recommendations; trade performance and the policy in the DRC; trade facilitation; performance of sectors upstream: infrastructure and services; and performance of sectors downstream: mining, agriculture, and forestry. 2012-03-19T10:26:02Z 2012-03-19T10:26:02Z 2010-07-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20110210233450 http://hdl.handle.net/10986/2971 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank Economic & Sector Work :: Foreign Trade, FDI, and Capital Flows Study Africa Sub-Saharan Africa Central Africa Congo, Democratic Republic of |