The role of agriculture in the fast-growing Rwandan economy: Assessing growth alternatives
This study assesses the future growth prospects of Rwanda. The report first focuses on broad economic growth using a rather aggregated 18-sector dynamic general equilibrium model to display the trade-off between rapid growth and structural change. The analysis shows that with the current investment...
| Autores principales: | , , |
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| Formato: | Artículo preliminar |
| Lenguaje: | Inglés |
| Publicado: |
International Food Policy Research Institute
2014
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/150433 |
| _version_ | 1855516222510071808 |
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| author | Diao, Xinshen Bahiigwa, Godfrey Pradesha, Angga |
| author_browse | Bahiigwa, Godfrey Diao, Xinshen Pradesha, Angga |
| author_facet | Diao, Xinshen Bahiigwa, Godfrey Pradesha, Angga |
| author_sort | Diao, Xinshen |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | This study assesses the future growth prospects of Rwanda. The report first focuses on broad economic growth using a rather aggregated 18-sector dynamic general equilibrium model to display the trade-off between rapid growth and structural change. The analysis shows that with the current investment pattern, rapid growth is possible but structural transformation is slow. With an overvalued exchange rate, growth in the tradable sector slows down and its share in the economy stays small. The importance of agriculture thus should be considered in the broad development strategy, for its role not only in poverty reduction but also in economic growth. |
| format | Artículo preliminar |
| id | CGSpace150433 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2014 |
| publishDateRange | 2014 |
| publishDateSort | 2014 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1504332025-11-06T05:19:47Z The role of agriculture in the fast-growing Rwandan economy: Assessing growth alternatives Diao, Xinshen Bahiigwa, Godfrey Pradesha, Angga public investment economic growth exports investment agricultural growth economic policies computable general equilibrium models poverty This study assesses the future growth prospects of Rwanda. The report first focuses on broad economic growth using a rather aggregated 18-sector dynamic general equilibrium model to display the trade-off between rapid growth and structural change. The analysis shows that with the current investment pattern, rapid growth is possible but structural transformation is slow. With an overvalued exchange rate, growth in the tradable sector slows down and its share in the economy stays small. The importance of agriculture thus should be considered in the broad development strategy, for its role not only in poverty reduction but also in economic growth. 2014 2024-08-01T02:51:49Z 2024-08-01T02:51:49Z Working Paper https://hdl.handle.net/10568/150433 en https://hdl.handle.net/10568/151474 https://hdl.handle.net/10568/153403 Open Access application/pdf International Food Policy Research Institute Diao, Xinshen; Bahiigwa, Godfrey and Pradesha, Angga. 2014. The role of agriculture in the fast-growing Rwandan economy: Assessing growth alternatives. IFPRI Discussion Paper 1363. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/150433 |
| spellingShingle | public investment economic growth exports investment agricultural growth economic policies computable general equilibrium models poverty Diao, Xinshen Bahiigwa, Godfrey Pradesha, Angga The role of agriculture in the fast-growing Rwandan economy: Assessing growth alternatives |
| title | The role of agriculture in the fast-growing Rwandan economy: Assessing growth alternatives |
| title_full | The role of agriculture in the fast-growing Rwandan economy: Assessing growth alternatives |
| title_fullStr | The role of agriculture in the fast-growing Rwandan economy: Assessing growth alternatives |
| title_full_unstemmed | The role of agriculture in the fast-growing Rwandan economy: Assessing growth alternatives |
| title_short | The role of agriculture in the fast-growing Rwandan economy: Assessing growth alternatives |
| title_sort | role of agriculture in the fast growing rwandan economy assessing growth alternatives |
| topic | public investment economic growth exports investment agricultural growth economic policies computable general equilibrium models poverty |
| url | https://hdl.handle.net/10568/150433 |
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