The Elephant in the Room: Off-shore companies, liberalisation and extension of presidential power in DR Congo

Main author: Marriage, Zoe
Format: Journal Article           
Online access: Click here to view record


id eprints-25581
recordtype eprints
institution SOAS, University of London
collection SOAS Research Online
language English
language_search English
description In the Democratic Republic of Congo, donors promoted rapid liberalisation and presidential elections in the aftermath of the war, and after two terms, President Kabila has not left office. This article engages with the question of how liberalisation and elections are connected, and how they are related to the extension of presidential power. It finds that the international market for minerals has shaped the domestic political economy but its nature has effectively been ignored in the formulation of donor policy; efforts at regulating trade have been concentrated on due diligence of origin in Congo but have not addressed the secrecy of international trade. Liberalisation has removed control of economic resources from Congo, provided returns for elite politicians and funded violence to control the disenfranchised population. The offshore companies are the elephant in the room; without acknowledging them, analysis of the liberalisation and its interaction with presidential tenure lacks assessment of the opportunities, interests and power that shaped the processes.
format Journal Article
author Marriage, Zoe
author_facet Marriage, Zoe
authorStr Marriage, Zoe
author_letter Marriage, Zoe
title The Elephant in the Room: Off-shore companies, liberalisation and extension of presidential power in DR Congo
publisher Taylor and Francis
publishDate 2018
url https://eprints.soas.ac.uk/25581/