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Pages:
5 pages/β‰ˆ1375 words
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Check Instructions
Style:
APA
Subject:
Mathematics & Economics
Type:
Term Paper
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
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Topic:

Underdevelopment in the Democratic Republic of Congo

Term Paper Instructions:

This is a writing intensive course. You will have to write a term paper. The length of the term paper is less important than its substance. You may choose a developmental issue or a particular aspect of a country’s economic development. First you will write a proposal, giving a short description of what you are planning to do. I will make comments of this proposal. Then you will start writing the paper. The paper must be submitted after the midterm exam and well before the final exam.
As regards midterm and final exam, I will post sample questions on blackboard and discuss these questions in the class. The following is the distribution of weights on term paper, midterm and final exams.

Term Paper Sample Content Preview:

Underdevelopment in the Democratic Republic of Congo
Student’s Name
Institution
Underdevelopment in the Democratic Republic of Congo
Unlike the developed world, the less developed economies continue to struggle in wanton poverty and inequality. Often, the root cause of economic struggles in these nations has a common base which is poor governance. Notably, how a nation is governed by its political elite is crucial for its success, and in situations where political order lacks accountability and transparency, pillaging of state resources and citizen oppression carries the day. This phenomenon is a testament to the levels of poverty and its manifestations such as hunger, dilapidated infrastructure, low education levels, chronic unemployment, poor healthcare, and extreme corruption that many African countries struggle to contain. Not only is Africa a rich continent in terms of natural resources but also untapped opportunities. Undoubtedly, if such opportunities are exploited, chances of increased wealth and improved living standards are imminent. As is the case in the Democratic Republic of Congo, multiple political and social factors have compounded to make it a poor nation.
Background information
The Democratic Republic of Congo (DRC) is the largest nation in Sub-Saharan Africa and is a country endowed with plenty of exceptional natural resources such as minerals like copper, and cobalt, arable land, the second-largest rainforest in the world, and immense biodiversity. In stark contrast, the nation's population ranks third among the poorest globally. Poverty levels in DRC are high, pervasive, and widespread. According to 2018 World Bank Statistics, about 73% of DRC's population-totaling to 60 million-survive on less than $1.90 daily (World Bank, 2018). To put it aptly, one out of six people in Sub-Saharan Africa who live in abject poverty are in DRC. And many political and social factors, including governmental corruption, internal conflicts, misuse of natural resources, and corrupt judicial systems have massively contributed to the destitution witnessed in Congo.
Governmental corruption
Like in many developing economies, DRC is no exception in matters of corruption. It is very easy to recognize corruption instances of corruption and an array of factors contribute to the quantum levels of corruption in DRC. With a weak democracy, the deceitful and thieving political class has maintained power. Coupled with ineffective institutions, corruption has soared to higher levels (Transparency, 2019). Bribery is at its peak at every level including law enforcers and even the judiciary. Furthermore, there is a high likelihood that corrupt state officials can be sanctioned and prosecuted in courts of law because of the weak systems of the country. Lack of transparency of state-owned institutions has also catapulted corruption whereby contracts and tenders are given depending on the number of bribes companies can offer. At some point, corruption levels in DRC were legendary, however, it has reduced but its levels continue to exceed that of many nations. Between 1965 and 1997, Mobutu Sese Seko ruled with an iron fist and plundered the country's resources to the extent that its critics coined the word kleptocracy. In 2015...
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