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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.
Mobile Money - The Growth of Inclusive Digital Agri-Finance
Spore magazine - issue 184 - A global perspective on agribusiness and agricultural development
Cox's Book of Modern Saints and Martyrs
Stories from around the world, particularly from areas of Christian persecution or conflict zones. Today over 250 million Christians are suffering persecution, while tens of thousands are martyred every year. >
The Christian Vision
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The Long Player
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Thisweek
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Shi'ite Lebanon
Annotation By providing a new framework for understanding Shi'ite national politics in Lebanon, Roschanack Shaery-Eisenlohr recasts the relationship between religion and nationalism in the Middle East
African Muslim Names
A name reflects and reinforces an identity both when it is given and when it is changed. This book discusses the social and cultural significance of African Muslim proper names. It explains how names are chosen for newborns in African societies and the value they represent. In these days of mounting interest in identity and culture, many Muslim Africans, African-Americans and others wish to know the meanings of the names they choose so that they reflect their aspirations for their children and themselves.The book contributes cultural knowledge to today's discourse on the values and aspiration of people of different faiths. Given the long history of Islam in Africa, Muslim names communicate a...
