Rwandan Economy at the Crossroads of Development: Key Macroeconomic and Microeconomic Perspectives

✍ Scribed by Gouranga G. Das, Rukundo Bosco Johnson

• Publisher: Springer Singapore;Springer
• Year: 2020
• Tongue: English
• Leaves: 276
• Series: Frontiers in African Business Research
• Edition: 1st ed.
• Category: Library

✦ Synopsis

This volume represents a cornucopia of research studies coming out of an international conference held in Kigali, Rwanda in 2018. The essays comprise contributions on various microeconomic and macroeconomic policy angles that are crucial for a less developed economy to embark on a road to recovery to converge with the desired trajectory. The topics encompass a broad range of issues like the role of savings, capital formation, human capital, innovations, entrepreneurship, profit-shifting by multinational corporations, small and medium enterprises (SMEs), and firms’ strategies for achieving sustained and balanced growth. The chapters are organized under three major themes based on the commonality of areas that they cover: (i) Macroeconomic Constraints: Monetary Policy, Investments, and Population; (ii) Firms’ Performance, SMEs, and Role of Entrepreneurship; and (iii) Entrepreneurship and Business Performance: Strategies and Policies. It has a collection of 12 empirical studies that have an overall focus on macroeconomic policies such as savings among the rural poor; sustained investments in and development of capital markets; role of entrepreneurial sustainability; role of innovations for firms’ performance; healthcare reforms; the benefits of technology, policy incentives such as tax benefits for promoting growth, and strategic considerations such as marketing or positioning strategies; export strategies; and productivity enhancement via processing and profit sharing. With contributions from 27 authors, the studies bring forth knowledge about the factors that influence well-being via better technologies and innovations favoring productivity, firm performance, and their positive externalities in the food, nutrition, and health sectors. Given the wide-ranging coverage of top-down and bottom-up approaches and strategies for development, the book offers insights for policy interventions necessary for Rwanda’s gradual transition from agriculture to an industrial transformation via manufacturing and service-led development without smokestack industries.

✦ Table of Contents

Front Matter ....Pages i-xxvii
Introduction and Overview (Gouranga G. Das, Rukundo Bosco Johnson)....Pages 1-17
Front Matter ....Pages 19-19
An Analysis of Savings Among Rural Poor Households in Rwanda (Aristide Maniriho, Edouard Musabanganji, Philippe Lebailly)....Pages 21-41
Economic Modeling of Capital Markets and Sustainable Investments in Rwanda (Fidèle Mutemberezi, Christian N. Mbabazi)....Pages 43-54
The Working of Monetary Policy Transmission Mechanisms in Rwanda: An Econometric Analysis Using the Equilibrium Model (Ferdinand Nkikabahizi, Veneranda Hategekimana, Edouard Musabanganji)....Pages 55-71
Population Growth’s Effect on Economic Development in Rwanda (Daniel Ruturwa Sebikabu, Eric Ruvuna, Martin Ruzima)....Pages 73-95
Front Matter ....Pages 97-97
Innovation and Firms’ Performance in the Rwandese Manufacturing Industry: A Firm-Level Empirical Analysis (Etienne Ndemezo, Charles Kayitana)....Pages 99-114
Business Networks and Small and Medium Enterprise Growth in Rwanda (Olivier Mugwaneza, Olof Brunninge)....Pages 115-137
Cost-effectiveness of Optimizing a Network of Drone-Aided Healthcare Services in Rural Rwanda (Chinasa I. Ikelu, Eugene C. Ezin)....Pages 139-147
Effect of Transfer Pricing on Profit Shifting by Multinational Companies in Developing Countries: A Case of Rwanda (Daniel Twesige, Faustin Gasheja, Jonas Barayendema, Alexis Uwamahoro)....Pages 149-167
Front Matter ....Pages 169-169
Determinants of Entrepreneurship Sustainability Among Family Businesses in Rwanda: Case of Small and Medium Family Businesses in Kigali (Alexis Uwamahoro, Daniel Twesige)....Pages 171-190
Assessing the Role of Positioning Strategy on Market Performance of Soft Drink Manufacturing Enterprises (SDMES) in Rwanda (Nimusima Pereez, Karuhanga Nathan, Mukarutesi Dative, Gasana Charles, Kampire Charity, Turyamushanga Labson)....Pages 191-215
Determinants of Productivity of Rwandese Food and Beverage Processing Sector: Do Tax Incentives Matter? (Etienne Ndemezo, Jean Bosco Ndikubwimana)....Pages 217-230
Tax Incentives and Growth of SMEs in Rwanda: A Case Study of Small and Medium Enterprises in Nyarugenge District (Daniel Twesige, Faustin Gasheja, Jonas Barayendema)....Pages 231-247
Back Matter ....Pages 249-263

✦ Subjects

Business and Management; African Business; Development Policy; Macroeconomics/Monetary Economics//Financial Economics; Entrepreneurship