[01] Joseph E. Mata, Department of Economics, University Marien N’Gouabi, BZV, Congo. [02] Diana Loubaki, Department of Economics, University Marien N’Gouabi, BZV, Congo.

The aim of this article is to study the impact of the new Congo Republic President program on development in an endogenous growth model with human capital accumulation as an engine of growth and development. The aim of the policy is to achieve development and unemployment absence in the country. Whereas macroeconomic models don’t allow unemployment existence, to introduce it inside those structure, we use Lewis (1954) excess unemployed labour transfer from traditional to modern sector as a key for development coupled to human capital accumulation which is costly and deserves parental investment, thus mainly hold by children whom parents have invested on it. If the government policy is applied under corruption absence, then development may occur, otherwise depending on its degree, the economic path may remain kept in a poverty trap with negative growth rate or moves quite slowly through the time. Physical capital investment also plays a great role in development take-off since coupled to productivity increase higher quality goods may be produced which then make growth accelerates in Congo.

Human Capital, Development, Growth, Excess Labour Demand, Corruption Institutions

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