Future Drivers of Growth in Rwanda

Innovation, Integration, Agglomeration, and Competition

Bibliographic Data

ID19921156
AuthorsWorld Bank Group, The World Bank, Government of Rwanda
Year2020
Pages318
Publication date2020-01-01
Open AccessNo
TypeBOOK
VenueFuture Drivers of Growth in Rwanda (SOURCE_BOOK)
PublisherWashington, DC: World Bank (PUBLISHER)
DOI10.1596/978-1-4648-1280-4
OpenAlexW4241936780
Open LibraryOL30200665M
ISBN9781464812804
LanguageEN
Citations received9

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

Business · Competition (biology) · Economic geography · Economic growth · Economics · Economies of agglomeration · Industrial organization · International trade · Ecology · Middle East and Rwanda Conflicts · Africa · Economic conditions

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