Future Drivers of Growth in Rwanda
Future Drivers of Growth in Rwanda

Author: The World Bank;Government of Rwanda

Publisher: World Bank Publications

Published: 2020-07-06

Total Pages: 452

ISBN-13: 1464812853

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A strong and widely acknowledged record of economic success-including a three-and-a-half-fold increase in per capita income since 1994--places Rwanda among the world’s fastest--growing economies. Traumatic memories of the 1994 genocide are gradually fading, as associations begin to take a more positive form--of a nation on the rise, powered by human resilience, a sense of common purpose, and a purposeful government. Past successes and a sense of frailty have fueled aspirations for a secure, prosperous, and modern future. Sustaining high rates of economic growth is at the heart of these ambitions. Recent formulations of the nation’s Vision 2050 set a target of achieving upper-middle-income status by 2035 and high-income status by 2050. Future Drivers of Growth in Rwanda: Innovation, Integration, Agglomeration, and Competition, a joint undertaking by experts from Rwanda and the World Bank Group, evaluates the country’s possibilities and options in this endeavor. The report identifies four essential drivers of growth--innovation, integration, agglomeration, and competition--and reforms in six priority areas: human capital development, export dynamism and regional integration, well-managed urbanization, competitive domestic enterprises, agricultural modernization, and capable and accountable public institutions.

Future Drivers of Growth in Rwanda
Future Drivers of Growth in Rwanda

Author:

Publisher:

Published: 2020

Total Pages:

ISBN-13: 9781464812361

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A strong and widely acknowledged record of economic success--including a three-and-ahalf- fold increase in per capita income since 1994--places Rwanda among the world's fastest-growing economies. Traumatic memories of the 1994 genocide are gradually fading, as associations begin to take a more positive form--of a nation on the rise, powered by human resilience, a sense of common purpose, and a purposeful government. Past successes and a sense of frailty have fueled aspirations for a secure, prosperous, and modern future. Sustaining high rates of economic growth is at the heart of these ambitions. Recent formulations of the nation's Vision 2050 set a target of achieving upper-middleincome status by 2035 and high-income status by 2050. Future Drivers of Growth in Rwanda: Innovation, Integration, Agglomeration, and Competition, a joint undertaking by experts from Rwanda and the World Bank Group, evaluates the country's possibilities and options in this endeavor. The report identifies four essential drivers of growth--innovation, integration, agglomeration, and competition--and reforms in six priority areas: human capital development, export dynamism and regional integration, well-managed urbanization, competitive domestic enterprises, agricultural modernization, and capable and accountable public institutions.

Transformation of Rwanda’s agrifood system structure and drivers
Transformation of Rwanda’s agrifood system structure and drivers

Author: Diao, Xinshen

Publisher: Intl Food Policy Res Inst

Published: 2023-07-17

Total Pages: 14

ISBN-13:

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Rwanda has made remarkable economic progress during the past two decades, and its annual GDP growth rate reached more than 7 percent during the 2009 to 2019 period (NISR 2021). The rapid economic growth has been pro-poor, and the poverty rate fell from 58.9 percent in 2000/01 to 38.2 percent in 2016/17 (NISR 2018). The country has also emerged as a leader among sub-Saharan African countries in promoting innovation, gender equality, and an enabling business environment for development. The government remains strongly committed to a set of ambitious development goals, as set forth in the 2017–2024 National Strategy for Transformation (NST 1) and the corresponding sector-level strategic plans. While the global COVID-19 pandemic had a severe adverse effect on the economy, causing negative GDP growth in 2020, the country rebounded quickly and registered more than 10 percent growth in 2021 (NISR 2022). The country was only minimally affected by global commodity market disruptions resulting from the Russia-Ukraine war that started in 2022 and the global recession in 2023 (Arndt et al. 2023; Diao and Thurlow 2023). Looking forward, Rwanda’s GDP growth is projected to reach 6.7 percent in 2023 and 7.0 percent in 2024 (World Bank 2023), suggesting the economy is returning to its pre-pandemic high-growth trajectory.

Rwandan Economy at the Crossroads of Development
Rwandan Economy at the Crossroads of Development

Author: Gouranga G. Das

Publisher: Springer Nature

Published: 2020-07-01

Total Pages: 276

ISBN-13: 9811550468

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This volume represents a cornucopia of research studies coming out of an international conference held in Kigali, Rwanda in 2018. The essays comprise contributions on various microeconomic and macroeconomic policy angles that are crucial for a less developed economy to embark on a road to recovery to converge with the desired trajectory. The topics encompass a broad range of issues like the role of savings, capital formation, human capital, innovations, entrepreneurship, profit-shifting by multinational corporations, small and medium enterprises (SMEs), and firms’ strategies for achieving sustained and balanced growth. The chapters are organized under three major themes based on the commonality of areas that they cover: (i) Macroeconomic Constraints: Monetary Policy, Investments, and Population; (ii) Firms’ Performance, SMEs, and Role of Entrepreneurship; and (iii) Entrepreneurship and Business Performance: Strategies and Policies. It has a collection of 12 empirical studies that have an overall focus on macroeconomic policies such as savings among the rural poor; sustained investments in and development of capital markets; role of entrepreneurial sustainability; role of innovations for firms’ performance; healthcare reforms; the benefits of technology, policy incentives such as tax benefits for promoting growth, and strategic considerations such as marketing or positioning strategies; export strategies; and productivity enhancement via processing and profit sharing. With contributions from 27 authors, the studies bring forth knowledge about the factors that influence well-being via better technologies and innovations favoring productivity, firm performance, and their positive externalities in the food, nutrition, and health sectors. Given the wide-ranging coverage of top-down and bottom-up approaches and strategies for development, the book offers insights for policy interventions necessary for Rwanda’s gradual transition from agriculture to an industrial transformation via manufacturing and service-led development without smokestack industries.

Rwanda’s agrifood system: Structure and drivers of transformation
Rwanda’s agrifood system: Structure and drivers of transformation

Author: Diao, Xinshen

Publisher: Intl Food Policy Res Inst

Published: 2023-01-25

Total Pages: 35

ISBN-13:

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This paper assesses the structure of Rwanda’s current and evolving agrifood system and its contribu-tion to national development. The paper reiterates the point that Rwanda’s agrifood system stretches well beyond primary agriculture and creates jobs and income opportunities throughout the economy. While off-farm components of Rwanda’s agrifood system have generally grown more rapidly than pri-mary agriculture in recent years, growth varies across value chains of the agrifood system in the stud-ied period. The growth diagnostic in this paper reveals that it is domestic markets that have driven the recent growth in Rwanda’s AFS other than exports. The paper’s forward-looking analysis assesses potentially differential impacts of value-chain develop-ment efforts on broad development outcomes. The analysis measures the synergies and trade-offs of value-chain development in the context of an inclusive agricultural transformation. Such analysis is conducted using the Rwanda Computable General Equilibrium (CGE) model – an adaption of IFPRI’s Rural Investment and Policy Analysis (RIAPA) model to the Rwandan context. The modeling results indicate that value chains differ considerably in their effectiveness in achieving development goals and there are significant trade-offs among different development goals from pro-moting a specific value chain. The value chains that make a larger contribution to growth or job crea-tion are not necessarily effective in reducing poverty or improving dietary quality – for example, value chains for coffee and tea – while value chains that play an important role in improving dietary quality may contribute less to job creation – such as vegetables or fruits. While there is no single value chain that can achieve all development goals effectively, it is possible to select a diversified set of value chains that complement each other in achieving different development goals. This latter strategy is a more realistic approach to growth and development.

Rwanda's Stillborn Middle-Income Economy
Rwanda's Stillborn Middle-Income Economy

Author: David Himbara

Publisher: AuthorHouse

Published: 2020-01-02

Total Pages: 106

ISBN-13: 1728341426

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Rwanda’s Stillborn Middle-Income Economy shows how Rwanda’s head of state, Paul Kagame, and his international backers, Bill Clinton, Tony Blair, Jim Yong Kim, and the World Bank failed to create prosperity in Rwanda, their claims to the contrary notwithstanding. Vision 2020, under which Rwanda was to become a middle-income economy, was a fiasco. Rwanda remains appallingly poor, unable to provide food security for its people. The book offers a lens into the Rwandan ruler’s manipulative power by examining a range of false or dubious proclamations and the myriad ways in which he misled the world into believing that he had turned Rwanda into a prosperous African nation. The book also reveals how Western politicians such as Clinton and Blair ruthlessly promote themselves while immorally benefiting from fighting poverty in countries such as Rwanda. Clinton and Blair need Kagame, just as Kagame needs them. They are in mutually beneficial relationships of opportunism and greed in which poverty is a valuable commodity.

African Policy Innovation and the Political Economy of Public-Private Policy Partnerships
African Policy Innovation and the Political Economy of Public-Private Policy Partnerships

Author: Olayele, Fred

Publisher: IGI Global

Published: 2022-06-30

Total Pages: 316

ISBN-13: 1799873854

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A core political economy issue in the growth literature is how to structure the relationship between the public and private sectors to ensure optimal outcomes. While conventional arguments on the ability of the private sector to intrinsically generate efficiency gains remain valid, governments’ traditional role of providing an enabling environment to foster private risk taking for capital accumulation is no less important. African Policy Innovation and the Political Economy of Public-Private Policy Partnerships borrows from contemporary theories of policy change and raises some fundamental questions about the political economy of development in Africa. This book examines the current knowledge and research about the role of public-private policy partnerships in the policy innovation discourse. It contributes a comprehensive, cutting-edge analysis vis-à-vis the appropriateness of contemporary policy devices and paradigms, the compatibility of individualistic analytical frameworks with the African philosophy of Ubuntu, the debate on the rise of neoliberalism versus Africa's traditions and values, and the implications of path dependence for the African Renaissance. From local communities and NGOs to African governments and international development agencies, the author advances a multi-stakeholder development policy and programming framework which recognizes Africa's vastly heterogenous economies and societies. Covering topics such as policy diffusion, demographic shifts, inequality, rentier capitalism, industrial transformation, development finance innovations, venture capital ecosystems, tax policy and supply-side economics, ocean finance, the global minimum tax debate, and higher education under disruptive technologies, this premier reference source is an excellent resource for government officials, policymakers, entrepreneurs, business leaders, libraries, students and educators of higher education, researchers, and academicians.

Perspectives on Africa-China Infrastructural and Industrial Cooperation
Perspectives on Africa-China Infrastructural and Industrial Cooperation

Author: Bhaso Ndzendze

Publisher: Springer Nature

Published: 2023-10-19

Total Pages: 248

ISBN-13: 3031383958

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This edited volume discusses infrastructural cooperation and industrial cooperation between China and several countries in Africa. In contributions by academics and practitioners alike, the book distils the conceptual implications of empirical and ethnographic findings and explores probable future developments in the Africa-China relationship. The chapters deal with numerous countries across the African continent, covering nearly all regions, showcasing the dynamics of China’s relations with different countries while highlighting African agency over major infrastructure projects and industrial activity. Providing an in-depth look at the evolving economic cooperation across these two regions, this volume will appeal to researchers and students of African politics, international relations, area studies, and comparative politics. The book will be of relevance to policymakers in governments, international organizations, and non-governmental organizations involved in policy formulation particularly regarding the Africa-China/China-Africa relationship.

The Development Path Less Traveled
The Development Path Less Traveled

Author: Laure Redifer

Publisher:

Published: 2020-08-18

Total Pages: 119

ISBN-13: 9781513551371

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This paper explores some of the key factors behind Rwanda key successes, including unique institution-building that emphasized governance and ownership; aid-fueled and government-led strategic investment in people, infrastructure, and high-yield economic activity;re-establishment and expansion of a domestic tax base; policies to reduce aid dependency by attracting private investment and bolstering exports; and a purposeful strategy to harness the economic power of gender inclusion.

Securitizing Youth
Securitizing Youth

Author: Marisa O. Ensor

Publisher: Rutgers University Press

Published: 2021-04-23

Total Pages: 245

ISBN-13: 1978822391

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Securitizing Youth offers new insights on young people’s engagement in a wide range of contexts related to the peace and security field. It presents empirical findings on the challenges and opportunities faced by young women and men in their efforts to build more peaceful, inclusive, and environmentally secure societies. The chapters included in this edited volume examine the diversity and complexity of young people’s engagement for peace and security in different countries across the globe and in different types and phases of conflict and violence, including both conflict-affected and relatively peaceful societies. Chapter contributors, young peacebuilders, and seasoned scholars and practitioners alike propose ways to support youth’s agency and facilitate their meaningful participation in decision-making. The chapters are organized around five broad thematic issues that correspond to the 5 Pillars of Action identified by UN Security Council Resolution 2250. Lessons learned are intended to inform the global youth, peace, and security agenda so that it better responds to on-the-ground realities, hence promoting more sustainable and inclusive approaches to long-lasting peace.