How Can Burundi Raise Its Growth Rate?The Impact of Civil Conflicts and State Intervention on Burundi's Growth Performance

Author/Editor: Basdevant, Olivier
Publication Date: January 01, 2009
Electronic Access: Free Full text (PDF file size is 461KB).
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
Summary: 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 inefficiencies, state intervention in the economy, and regulatory restrictions explain a large part of the weak growth performance for the last thirty years.
Series: Working Paper No. 09/11
Subject(s): Economic growth | Burundi | Gross domestic product | Economic indicators | Investment | Coffee | Agricultural commodities

Author's Keyword(s): Burundi | Growth | Investment | Capital Stock | Kalman Filter.
Publication Date: January 01, 2009
Format: Paper
Stock No: WPIEA2009011 Pages: 18
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