Future Drivers of Growth in Rwanda

Future Drivers of Growth in Rwanda PDF Author: The World Bank
Publisher: World Bank Publications
ISBN: 1464812853
Category : Business & Economics
Languages : en
Pages : 469

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Book Description
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 PDF Author: The World Bank
Publisher: World Bank Publications
ISBN: 1464812853
Category : Business & Economics
Languages : en
Pages : 469

Get Book Here

Book Description
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.

The Development Path Less Traveled

The Development Path Less Traveled PDF Author: Laure Redifer
Publisher:
ISBN: 9781513551371
Category :
Languages : en
Pages : 119

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Book Description
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.

Rwanda’s agrifood system: Structure and drivers of transformation

Rwanda’s agrifood system: Structure and drivers of transformation PDF Author: Diao, Xinshen
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 35

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Book Description
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 PDF Author: David Himbara
Publisher: AuthorHouse
ISBN: 1728341426
Category : Political Science
Languages : en
Pages : 114

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Book Description
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.

Rwanda's journey towards sustainable food systems

Rwanda's journey towards sustainable food systems PDF Author: Wigboldus, S., Guijt, J., Garcia-Campos, P.
Publisher: Food & Agriculture Org.
ISBN: 9251347905
Category : Technology & Engineering
Languages : en
Pages : 53

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Book Description
Governments and other food system actors from the private sector, civil society, research and education institutions are being called upon to work together to enhance the sustainability, resilience and inclusiveness of food systems. This appraisal presents key lessons from food, agriculture and environment-related institutional mechanisms, programmes and policies in Rwanda, considered against the backdrop of the country’s agroecological conditions and relevant social, economic and political history. It also provides insights into trade-offs and tensions which involve a balancing act between strong leadership and meaningful participation, securing local food sovereignty and outward connectivity, intensifying and diversifying the (agricultural) economy, creating room for private sector entrepreneurship and providing central coordination – as well as a mindset focused on what is needed and possible.

The Future of Productivity

The Future of Productivity PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264248536
Category :
Languages : en
Pages : 123

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Book Description
This book addresses the rising productivity gap between the global frontier and other firms, and identifies a number of structural impediments constraining business start-ups, knowledge diffusion and resource allocation (such as barriers to up-scaling and relatively high rates of skill mismatch).

Public investment prioritization for Rwanda’s inclusive agricultural transformation: Evidence from rural investment and policy analysis modeling

Public investment prioritization for Rwanda’s inclusive agricultural transformation: Evidence from rural investment and policy analysis modeling PDF Author: Aragie, Emerta
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 100

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Book Description
As Rwanda is expected to return to its rapid growth trajectory following the COVID-19 pandemic, agriculture will continue to play a central role in the structural transformation of the entire economy. To this end, the Government of Rwanda continues to invest in the agricultural sector by building on Strategic Plans for the Transformation of Agriculture (PSTAs) that began in the early 2000s. The challenging question is how to prioritize public expenditures across a broad portfolio of policies and programs. Ambitious plans, whether in the short or long term, require difficult decisions. The prioritization of public investment becomes even more complex as Rwanda’s structural transformation advances and as new investments—beyond the farm—become critically important for the agricultural sector. The structural transformation process itself means that as agriculture becomes more integrated with the rest of the economy, public resource allocations need to address a wider range of issues across the entire food system; these include nutrition-sensitive food production systems, inclusive value chain development, nonfarm rural enterprise development, and climate-resilient sustainable intensification of both crops and livestock. This study provides evidence that is designed to assist the Government of Rwanda in its selection of agricultural policy, investment, and expenditure portfolios that reflect the country’s broad focus on its food system and structural transformation. This process of prioritization will need to incorporate multiple public investments targeting multiple development outcomes and will need to be grounded in the costeffective use of public resources in a largely market-led transformation process. This data-driven and evidence-based approach must critically underpin an informed investment prioritization process that helps achieve ambitious targets in an environment constrained by limited public resources. The study uses the Rural Investment and Policy Analysis (RIAPA) economywide model developed by the International Food Policy Research Institute (IFPRI), with contributions from colleagues at the Ministry of Agriculture and Animal Resources (MINAGRI), the Ministry of Finance and Economic Planning (MINECOFIN) and the National Institute of Statistics of Rwanda (NISR). The study draws on data from multiple sources as well as expert insights to inform the application of RIAPA’s Agricultural Investment for Data Analyzer (AIDA) module as a tool to measure the impacts of alternative public expenditure options on multiple development outcomes. Using this integrated modeling framework, the study links agricultural and rural development spending to four specific outcomes: economic growth, job creation, poverty reduction, and diet quality improvement; at the same time, it considers the synergies and tradeoffs associated with the different investment options in the transformation process. The paper first assesses the contribution of public expenditures to agricultural and rural development under the fourth Strategic Plan for Agriculture Transformation (PSTA 4) that extends between 2018 and 2024. These findings are important, given the fact that since the beginning of PSTA 4, the budget allocated to MINAGRI (measured in constant prices) has stagnated. Our results suggest that increased spending on agriculture is well justified and that such spending is essential if the Government of Rwanda is to achieve its long-term development goals.

Transformation of Rwanda’s agrifood system structure and drivers

Transformation of Rwanda’s agrifood system structure and drivers PDF Author: Diao, Xinshen
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 14

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Book Description
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.

Migration, Remittances, and Sustainable Development in Africa

Migration, Remittances, and Sustainable Development in Africa PDF Author: Maty Konte
Publisher: Routledge
ISBN: 100025965X
Category : Business & Economics
Languages : en
Pages : 329

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Book Description
This book provides a strong multidisciplinary examination of the links between migration, remittances and sustainable development in Africa. It makes evidence-based policy recommendations on migration to help achieve the Sustainable Development Goals. The key themes examined are migration and remittances, and their relations with the following issues: economic transformation, education and knowledge, corruption and conflict. Cross-cutting issues such as gender equality and youth are weaved throughout the chapters, and a rich range of country contexts are presented. The volume also discusses challenges in managing migration flows. It will be of interest to advanced students, academics and policy makers in development economics and sustainable development.

Routledge Handbook of Planning and Management of Global Strategic Infrastructure Projects

Routledge Handbook of Planning and Management of Global Strategic Infrastructure Projects PDF Author: Edward Ochieng
Publisher: Routledge
ISBN: 1000330087
Category : Technology & Engineering
Languages : en
Pages : 695

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Book Description
This book examines complex challenges in managing major strategic economic and social infrastructure projects. It is divided into four primary themes: value-based approach to infrastructure systems appraisal, enabling planning and execution, financing and contracting strategies for infrastructure systems and digitising major infrastructure delivery. Within these four themes, the chapters of the book cover: the value and benefits of infrastructure projects planning for resilient major infrastructure projects sustainable major infrastructure development and management, including during mega events improving infrastructure project financing stakeholder engagement and multi-partner collaborations delivering major infrastructure projects effectively and efficiently whole-life-cycle performance, operations and maintenance relationship risks on major infrastructure projects public-private partnerships, design thinking principles, and innovation and technology. By drawing on insights from their research, the editors and contributors bring a fresh perspective to the transformation of major strategic infrastructure projects. This text is designed to help policymakers and investors select and prioritise their infrastructure needs beyond the constraining logic of political cycles. It offers a practical set of recommendations for governments on attracting private capital for infrastructure projects while creating clear social and economic value for their citizens. Through theoretical underpinning, empirical data and in-depth informative global case studies, the book presents an essential resource for students, researchers, practitioners and policymakers interested in all aspects of strategic infrastructure planning, project management, construction management, engineering and business management.