Impact of Entrepreneurship on Unemployment and Poverty Reduction: The Case of Bukavu in DR Congo
DOI:
https://doi.org/10.32479/ijefi.15683Keywords:
Poverty, Unemployment, EntrepreneurshipAbstract
The Democratic Republic of the Congo (DRC) grapples with severe poverty and unemployment issues, necessitating a focus on factors that can alleviate both challenges. This study specifically examines the impact of entrepreneurship on poverty reduction and unemployment in Bukavu. Through a comprehensive literature review and data analysis using a linear regression on cross-sectional data, the research reveals a trend with individuals transition from employment to entrepreneurship, particularly after completing studies, leading to a decline in the unemployment rate since 2015. Entrepreneurs also exhibit lower poverty indicators compared to non-entrepreneurs. The study recommends implementing measures, such as tax relief and entrepreneurial education, to encourage entrepreneurship, thereby creating employment opportunities and addressing poverty and unemployment in Bukavu.Downloads
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Published
2024-09-06
How to Cite
Karhamikire, P. K., Ngangura, C. M., & Nankafu, N.-A. (2024). Impact of Entrepreneurship on Unemployment and Poverty Reduction: The Case of Bukavu in DR Congo. International Journal of Economics and Financial Issues, 14(5), 185–192. https://doi.org/10.32479/ijefi.15683
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