Mining Governance and Human Development in the Democratic Republic of the Congo

Abstract

The objective of the present study is to assess the impact of mining governance on human development in the DRC.  The econometric approach used is based on estimates of simultaneous equations using the GMM, 3SLS and SURE methods. The results show that employment, education and per capita GDP are all negatively affected by mining governance. Both exchange rates and inflation are positively affected by the price of copper and mining. The volatility of exchange rates is detrimental. The study results in the recommendation to strengthen governance of mineral resources in order to maintain human and sustainable growth.