Volume 27, Issue 1, August 2019, Pages 279–294
Bobo B. KABUNGU1
1 Doctorant en Business International, Assistant de Recherche au Centre de Recherche en Sciences Humaines (CRESH), RD Congo
Original language: French
Copyright © 2019 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Since December 13, 2018, the Central Bank of Congo is governed by a new law that covers its organization and operation. This law reinforces its autonomy after the law n° 005/2002 of May 07, 2002 which had already recognized the central bank independence. On the basis of a theoretical framework excavated on the external governance of central banks, this article assesses the legal independence of the Congolese Monetary Authority, retraces the itinerary and achieves, thanks to an index of dependence vis-à-vis of policy, to identify areas where efforts are still expected.
Author Keywords: External governance, legal independence, measure of independence, Central Bank of Congo, DRC.
Bobo B. KABUNGU1
1 Doctorant en Business International, Assistant de Recherche au Centre de Recherche en Sciences Humaines (CRESH), RD Congo
Original language: French
Copyright © 2019 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract
Since December 13, 2018, the Central Bank of Congo is governed by a new law that covers its organization and operation. This law reinforces its autonomy after the law n° 005/2002 of May 07, 2002 which had already recognized the central bank independence. On the basis of a theoretical framework excavated on the external governance of central banks, this article assesses the legal independence of the Congolese Monetary Authority, retraces the itinerary and achieves, thanks to an index of dependence vis-à-vis of policy, to identify areas where efforts are still expected.
Author Keywords: External governance, legal independence, measure of independence, Central Bank of Congo, DRC.
Abstract: (french)
Depuis le 13 décembre 2018, la Banque Centrale du Congo est régie par une nouvelle loi qui porte sur son organisation et son fonctionnement. Cette loi vient renforcer son autonomie après la loi n°005/2002 du 07 mai 2002 qui lui avait déjà reconnu une certaine indépendance. Sur la base d’un cadre théorique fouillé sur la gouvernance externe des banques centrales, cet article évalue l’indépendance légale de l’Autorité monétaire congolaise, en retrace l’itinéraire et parvient, grâce à un indice de dépendance vis-à-vis du politique, de situer les domaines où des efforts demeurent attendus.
Author Keywords: Gouvernance externe, indépendance légale, mesure d’indépendance, Banque Centrale du Congo, RDC.
How to Cite this Article
Bobo B. KABUNGU, “GOUVERNANCE MONETAIRE ET MESURE D’INDEPENDANCE DES BANQUES CENTRALES : REVUE THEORIQUE ET IDIOSYNCRASIE CONGOLAISE,” International Journal of Innovation and Applied Studies, vol. 27, no. 1, pp. 279–294, August 2019.
