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The Development Path Less Traveled: The Experience of Rwanda

Alun Thomas, Laure Redifer, C. Emre Alper (), Monique Newiak, Tunc Gursoy, Neil Meads () and Samson Kwalingana

No 2020/010, IMF Departmental Papers / Policy Papers from International Monetary Fund

Abstract: 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.

Keywords: DPPP; DP; development partner; exchange rate; Rwandan authorities; government intervention; development framework; District government; donor government; economic planning; growth story; insurance coverage; life expectancy; Rwandan franc; real GDP; private sector; direct tax; foreign direct investment; income tax; trade balance; labor force; maternity leave; Women; Public investment and public-private partnerships (PPP); Public investment spending; Gender inequality; Global; Sub-Saharan Africa; Africa; East Asia (search for similar items in EconPapers)
Pages: 119
Date: 2020-08-18
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Handle: RePEc:imf:imfdps:2020/010