Fall Of Congo

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The Rise and Fall of The Democratic Republic of Congo Bobby Gay Malokele Nanivazo Introduction Its always easy to talk about a position in which a country stands in todays world, but to understand why they hold this position there are many variables that need to be taken into account. The Congo is very diverse and culturally rich country in Africa. However, despite the profusion of natural resources and human resources, DR Congo remains one of the poorest countries in the world with at least 50% of its population living below the poverty line. They deal with ill effects of the government, war, barbaric dictators, and poor government. In this paper I’m going to discuss the rise and fall of this culturally diverse country, its poverty, the ill effects of the government, and some of its health issues; and how all of this overall affects the economy on a in depth scale. Economic Profile of DR Congo The country’s economy is slowly recovering after many years of decline. The nation is endowed with vast resource wealth. Systematic corruption combined with conflicts and country-wide instability since its independence in 1960 dramatically reduced the government revenue and national output while the external debt increased (Nest 2004). However, after the installation of a transitional government in 2003 the economy slowly began to improve…show more content…
If they can shift the tax base to throughput, they will experience higher throughput efficiency and in gross internalize the externalities from pollution and depletion. External costs are uncertain and needs thorough calculations and will need employment of econometricians. Ecological taxes should be sold under revenue neutrality. The income tax should be maintained to keep the progressivity in the tax structure by taxing high incomes and subsidizing the low

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