Rwanda Economic Update, August 2017 : Sustaining Growth by Building on Emerging Export Opportunities

The 10th economic update comes at an important juncture for Rwanda. The country has entered the third decade of uninterrupted economic growth and social progress. Rwanda’s global income ranking improved from the seventh poorest in 2000 to the 20th...

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Main Author:	World Bank
Format:	Report
Language:	English en_US
Published:	World Bank, Kigali 2017
Subjects:	MACROECONOMIC POLICY FISCAL TRENDS STRUCTURAL TRANSFORMATION GROWTH OUTLOOK RISKS EXPORT COMPETITIVENESS
Online Access:	http://documents.worldbank.org/curated/en/573241503374274792/Rwanda-economic-update-sustaining-growth-by-building-on-emerging-export-opportunities http://hdl.handle.net/10986/28111

id	okr-10986-28111
recordtype	oai_dc
spelling	okr-10986-281112021-05-25T09:03:27Z Rwanda Economic Update, August 2017 : Sustaining Growth by Building on Emerging Export Opportunities World Bank MACROECONOMIC POLICY FISCAL TRENDS STRUCTURAL TRANSFORMATION GROWTH OUTLOOK RISKS EXPORT COMPETITIVENESS The 10th economic update comes at an important juncture for Rwanda. The country has entered the third decade of uninterrupted economic growth and social progress. Rwanda’s global income ranking improved from the seventh poorest in 2000 to the 20th in 2015, on the back of Rwanda’s strong commitment to good governance, the principles of market economy and openness. The growth, however, has been slowing down recently and is expected to remain subdued in 2017. Going forward, achieving Rwanda’s ambition of attaining middle-income status requires sustaining the average growth rate of the past two decades in the years to come. The vision 2050, and the new EDPRS, currently under preparation will provide the roadmap for adapting the economy to the evolving regional and global context and maintaining a growth rate that delivers poverty reduction and prosperity. In addition to presenting recent macroeconomic developments, this update also discusses the longer-term patterns of productivity and structural transformation and derives some broad lessons for growth strategy. The Rwanda Economic Update (REU) reports on and synthesizes recent economic developments, and places them in a medium term, regional, and global context. It analyses the implications of these developments and policies for the outlook of the economy. These reports attempt to make an analytical contribution to the implementation of Rwanda’s national development strategy. Each edition includes a special feature on a selected topic. The report is intended for a wide audience, including policy makers, business leaders, other market participants, the community of analysts engaged in Rwanda’s economy, and civil society. 2017-09-05T21:50:07Z 2017-09-05T21:50:07Z 2017-08 Report http://documents.worldbank.org/curated/en/573241503374274792/Rwanda-economic-update-sustaining-growth-by-building-on-emerging-export-opportunities http://hdl.handle.net/10986/28111 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Kigali Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work Africa Rwanda
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	MACROECONOMIC POLICY FISCAL TRENDS STRUCTURAL TRANSFORMATION GROWTH OUTLOOK RISKS EXPORT COMPETITIVENESS
spellingShingle	MACROECONOMIC POLICY FISCAL TRENDS STRUCTURAL TRANSFORMATION GROWTH OUTLOOK RISKS EXPORT COMPETITIVENESS World Bank Rwanda Economic Update, August 2017 : Sustaining Growth by Building on Emerging Export Opportunities
geographic_facet	Africa Rwanda
description	The 10th economic update comes at an important juncture for Rwanda. The country has entered the third decade of uninterrupted economic growth and social progress. Rwanda’s global income ranking improved from the seventh poorest in 2000 to the 20th in 2015, on the back of Rwanda’s strong commitment to good governance, the principles of market economy and openness. The growth, however, has been slowing down recently and is expected to remain subdued in 2017. Going forward, achieving Rwanda’s ambition of attaining middle-income status requires sustaining the average growth rate of the past two decades in the years to come. The vision 2050, and the new EDPRS, currently under preparation will provide the roadmap for adapting the economy to the evolving regional and global context and maintaining a growth rate that delivers poverty reduction and prosperity. In addition to presenting recent macroeconomic developments, this update also discusses the longer-term patterns of productivity and structural transformation and derives some broad lessons for growth strategy. The Rwanda Economic Update (REU) reports on and synthesizes recent economic developments, and places them in a medium term, regional, and global context. It analyses the implications of these developments and policies for the outlook of the economy. These reports attempt to make an analytical contribution to the implementation of Rwanda’s national development strategy. Each edition includes a special feature on a selected topic. The report is intended for a wide audience, including policy makers, business leaders, other market participants, the community of analysts engaged in Rwanda’s economy, and civil society.
format	Report
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Rwanda Economic Update, August 2017 : Sustaining Growth by Building on Emerging Export Opportunities
title_short	Rwanda Economic Update, August 2017 : Sustaining Growth by Building on Emerging Export Opportunities
title_full	Rwanda Economic Update, August 2017 : Sustaining Growth by Building on Emerging Export Opportunities
title_fullStr	Rwanda Economic Update, August 2017 : Sustaining Growth by Building on Emerging Export Opportunities
title_full_unstemmed	Rwanda Economic Update, August 2017 : Sustaining Growth by Building on Emerging Export Opportunities
title_sort	rwanda economic update, august 2017 : sustaining growth by building on emerging export opportunities
publisher	World Bank, Kigali
publishDate	2017
url	http://documents.worldbank.org/curated/en/573241503374274792/Rwanda-economic-update-sustaining-growth-by-building-on-emerging-export-opportunities http://hdl.handle.net/10986/28111
_version_	1764466542559363072

Rwanda Economic Update, August 2017 : Sustaining Growth by Building on Emerging Export Opportunities

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