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Rise of the Rwandan economy post-genocide: will this lead to catch-up growth?

Ramaekers, Romeo LU (2023) EOSK12 20231
Department of Economic History
Abstract (Swedish)
Abstract: This thesis examines the concept of sustainable economic growth in post-genocide Rwanda, focusing on its structural transformation from the agricultural sector towards the service sector. This exploration essentially regards the implications for catch-up growth in light of the new notion of premature deindustrialisation. The role of Human Capital and Information and Communication technology (ICT), part of Rwanda's development agenda, are explored in light of their association with increased Labour Productivity (LP). This analysis found that although Rwanda has noted relatively large economic growth, the Labour Productivity of all three sectors have remained either stagnant or noted declines during the post-genocide period. This... (More)
Abstract: This thesis examines the concept of sustainable economic growth in post-genocide Rwanda, focusing on its structural transformation from the agricultural sector towards the service sector. This exploration essentially regards the implications for catch-up growth in light of the new notion of premature deindustrialisation. The role of Human Capital and Information and Communication technology (ICT), part of Rwanda's development agenda, are explored in light of their association with increased Labour Productivity (LP). This analysis found that although Rwanda has noted relatively large economic growth, the Labour Productivity of all three sectors have remained either stagnant or noted declines during the post-genocide period. This was similarly the case for all three sectors value added as a share of GDP. Thus, this illuminates the presence of additional driving forces, one of which regards foreign aid. Hence, a potentially unsustainable side to Rwanda's economic growth is brought to light. (Less)
Please use this url to cite or link to this publication:
author
Ramaekers, Romeo LU
supervisor
organization
course
EOSK12 20231
year
type
M2 - Bachelor Degree
subject
keywords
Economic growth, Sub-Saharan Africa, Structural Transformation, Services, Catch-up growth, Human Capital, Information and Communication Technology, Labour Productivity, Rwanda.
language
English
id
9128868
date added to LUP
2023-06-22 12:20:44
date last changed
2023-06-22 12:20:44
@misc{9128868,
  abstract     = {{Abstract: This thesis examines the concept of sustainable economic growth in post-genocide Rwanda, focusing on its structural transformation from the agricultural sector towards the service sector. This exploration essentially regards the implications for catch-up growth in light of the new notion of premature deindustrialisation. The role of Human Capital and Information and Communication technology (ICT), part of Rwanda's development agenda, are explored in light of their association with increased Labour Productivity (LP). This analysis found that although Rwanda has noted relatively large economic growth, the Labour Productivity of all three sectors have remained either stagnant or noted declines during the post-genocide period. This was similarly the case for all three sectors value added as a share of GDP. Thus, this illuminates the presence of additional driving forces, one of which regards foreign aid. Hence, a potentially unsustainable side to Rwanda's economic growth is brought to light.}},
  author       = {{Ramaekers, Romeo}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Rise of the Rwandan economy post-genocide: will this lead to catch-up growth?}},
  year         = {{2023}},
}