아프리카ㆍ중동
연구정보
[경제] Country Economic Memorandum - Republic of Congo’s Road to Prosperity : Building Foundations for Economic Diversification - Key Messages
아프리카ㆍ 중동 기타 국외연구자료 연구보고서 - World Bank 발간일 : 2023-03-01 등록일 : 2023-03-17 원문링크
The Republic of Congo (ROC) is at a critical juncture in its development history. ROC’s seven-year recession, spurred by the end of the last commodity super cycle, has led to a dramatic drop in income per capita and put the country at risk of falling back into low-income status. The country has made little progress in reducing the dominant role of oil in its economy and creating formal sector jobs. The enduring reliance on oil revenues has left the economy vulnerable to volatility and weakened long-term growth prospects. Attaining sustainable development in Congo urgently requires efforts to diversify national assets, focusing on stronger institutions, development of human and physical capital, and a more balanced exploitation of natural capital.
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