How can Burundi raise its growth rate? : the impact of civil conflicts and state intervention on Burundi's growth performance / prepared by Olivier Basdevant.
Over the last thirty years Burundi's low economic growth has led to a significant decline in per capita GDP. The purpose of this paper is to shed light on supply-side constraints that prevented Burundi's economy from growing faster. Lack of investment, civil conflict, economic inefficienci...
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| Other title: | Subtitle on title page: Impact of civil conflict and state intervention on Burundi's growth performance. |
| Format: | eBook |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
©2009.
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| Series: | IMF working paper ;
WP/09/11. |
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Table of Contents:
- I. Introduction; 1. Doing Business, 2007-08; II. The Continued Decline in GDP per Capita; 1. A History Marked by a Decline of Real GDP per Capita, 1970-2007; Tables; 2. Average Growth Rates; 2. The Three Growth Periods in Burundi, 1970-2007; 3. Growth and Investment in Burundi and Sub-Saharan Africa (SSA), 1970-2007; 4. ICOR in Burundi and SSA, 1970-2007; Boxes; 1. Energy; 5. Top 10 Constraints on Firm Investment in Burundi, 2006; 2. Coffee Sector; Figures; 3. Coffee Prices; 4. Coffee Production; III. Estimating the Capacity Constraint with a Production Function.
- 6. Estimated Coefficients 5. Real GDP and Capital Stock Indices, 1970-2007; 6. Estimated Depreciation Rates, 1973-2007; IV. Breaking the Vicious Circle of Low Investment and Economic Inefficiency; 7. Growth Decomposition (percent); V. Conclusion; 7. GNI per Capita in Constant US, 2005-50; 8. Long-run Values of Key Variables; References; Appendix.