Librería Samer Atenea
Librería Aciertas (Toledo)
Kálamo Books
Librería Perelló (Valencia)
Librería Elías (Asturias)
Donde los libros
Librería Kolima (Madrid)
Librería Proteo (Málaga)
This article analyzes the evolution of the DRC’s macroeconomic framework over the period 1990-2023, focusing on the prospects for self-sustained growth. The ARDL model was used, due to the presence of integrated variables of order I(0) and I(1). The results of the cointegration test (Bound Test) showed an F-statistic of 6.48, well above the critical thresholds, confirming the existence of a long-term relationship between the variables studied. However, in the long term, none of the individual coefficients was statistically significant. This suggests a low structural sensitivity of GDP to conventional macroeconomic steering variables. In contrast, in the short term, the ECM model shows strong growth inertia and a significant, albeit slow, adjustment (ECM = -0.002015). These results call for ambitious reforms. The recommendations focus on macroeconomic stabilization, human capital development, economic diversification and the qualitative management of FDI. To achieve self-sustaining growth, the DRC will have to rely on coordinated, inclusive and transformative policies.
