How Can Burundi Raise its Growth Rate? the Impact of Civil Conflicts and State Interventionon Burundi'S Growth Performance
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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. 2009/011
Subject:
Agricultural commodities Capital accumulation Commodities Depreciation Financial institutions Income National accounts Stocks
English
Publication Date:
January 1, 2009
ISBN/ISSN:
9781451871586/1018-5941
Stock No:
WPIEA2009011
Pages:
20
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