The role of economic reform towards establishing Rwanda as a developmental state post 1994
Date
2015
Authors
Machoba, Karen
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Abstract
ABSTRACT
The purpose of the study is to establish if economic reform viz-a-vis institutional
reform had a role to play in establishing Rwanda as a developmental state post
1994. As part of the study, comparisons are made with Singapore, an
established developmental state which Rwanda explicitly modelled itself on.
Current trends around the developmental state approach are discussed and the
appropriateness of the developmental state model as a means to achieving
economic growth analysed. The research methodology used was qualitative in
nature, and purposive sampling was used to select Rwanda as the case country
for observation. A benchmarking criteria based on the World Economic Forum
Global Competitive Index is used for ease of comparison. Rwanda’s progress is
tracked against its own policy document, Vision 2020, and its rankings on the
World Economic Forum Global Competitive Index reports.
The data analysis confirms that Rwanda has indeed implemented institutional
reform as supported by the country’s high ranking in indices contributing to
institutional capacity, and that institutional reform has played a significant role in
constructing some version of a developmental state in Rwanda. However, the
country has not successfully transitioned from being a factor driven economy to
an efficiency driven economy. Therefore Rwanda whilst making progress
towards being a developmental state is at a stage where the findings of the data
and literature do not allow this study to classify Rwanda as a developmental
state.
Description
MBA 2015
Keywords
Economic development,Rwanda -- Economic conditions.