Leadership, Policy Making, Quality of Economic Policies, and Their Inclusiveness
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World Bank, Washington, DC
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This paper analyzes the role of the
leadership in the economic growth in Rwanda, a country that
was seriously affected by civil war and the 1994 genocide.
It appears that the will and the clear vision of the
leadership in Rwanda were one of the central pillars of the
very good economic and social performances in Rwanda. This
is particularly important because the country has almost no
natural resources and the economy and its fundamentals were
completely destroyed by the 1994 genocide. This paper thus
helps enrich the various economic growth models by stressing
the importance of the quality of leadership.
Palabras clave
ACCOUNTABILITY, ACCOUNTING, AGRICULTURE, ALLOCATION OF RESOURCES, ARABLE LAND, BAD GOVERNANCE, BALANCE OF PAYMENTS, BANKING SYSTEM, BENEFICIARY, BIRTH RATES, BROAD MONEY, BUDGET DEFICIT, BUDGETING, BUSINESS COMMUNITY, BUSINESS ENVIRONMENT, BUSINESS OPERATIONS, CAPITAL FORMATION, CDF, CENTRAL BANK, CHECKS, CHLORINE, CITIZENS, CIVIL SOCIETY, CIVIL WAR, CLIMATE CHANGE, COLLECTIVE ACTION, COMMERCIAL BANK, COMMUNITY DEVELOPMENT, COMPETITIVENESS, CREDIT CONTRACT, CRIME, CRISES, CUSTODY, DEBT, DECENTRALIZATION, DEMOCRACY, DEMOCRATIC PROCESSES, DETERMINANTS OF GROWTH, DEVELOPING COUNTRIES, DEVELOPMENT PLANS, DIRECT INVESTMENT, DISARMAMENT, DISCRIMINATION, DUMMY VARIABLE, DURABLE, ECONOMETRICS, ECONOMIC DEVELOPMENT, ECONOMIC EFFECTS, ECONOMIC GEOGRAPHY, ECONOMIC GROWTH, ECONOMIC POLICIES, ECONOMIC POLICY, ECONOMIC REFORMS, ECONOMIC RESOURCES, ECONOMIC STRUCTURE, ECONOMICS, ELASTICITY, EMPIRICAL STUDIES, ENABLING ENVIRONMENT, ENVIRONMENTAL, ENVIRONMENTAL PROTECTION, EXCHANGE RATE, EXPENDITURE, EXPORTS, EXTREME POVERTY, FIGHTING CORRUPTION, FINANCIAL MANAGEMENT, FINANCIAL RESOURCES, FINANCIAL SECTOR, FINANCIAL SUPPORT, FISCAL DISCIPLINE, FISCAL POLICIES, FOREIGN AID, FOREIGN DIRECT INVESTMENT, FOREIGN INVESTORS, GDP, GDP PER CAPITA, GENOCIDE, GLOBALIZATION, GOOD GOVERNANCE, GOVERNMENT REVENUES, GOVERNMENT TRANSFER PAYMENTS, GREENHOUSE GASES, GROWTH MODELS, GROWTH PERFORMANCE, GROWTH RATE, GUARANTEE FUNDS, HIV, HUMAN CAPITAL, HUMAN DEVELOPMENT, IMPACTS OF POVERTY, INCOME, INEQUALITY, INFLATION, INSTITUTIONAL CAPACITY, INSTITUTIONAL DEVELOPMENT, INSTITUTIONAL REFORMS, INSTRUMENT, INTERNATIONAL BANK, INTERNATIONAL COMMUNITY, INTERNATIONAL DEVELOPMENT, INTERNATIONAL MARKET, INTERNATIONAL TRADE, INVESTMENT RATES, JUDICIAL REFORMS, KNOWLEDGE ECONOMY, LABOR FORCE, LABOR MARKET, LEGAL REFORMS, LEGAL STATUS, LEVEL OF POVERTY, LIFE EXPECTANCY, LIQUIDITY, LOCAL BUSINESS, LOCAL GOVERNMENT, LOCAL GOVERNMENTS, LOCAL LEVELS, LOCAL POPULATION, LONG-TERM INVESTMENT, M2, MACROECONOMIC PERFORMANCE, MACROECONOMIC STABILITY, MACROECONOMIC STABILIZATION, MACROECONOMICS, MODERNIZATION, MONETARY FUND, MONETARY POLICY, MONEY MARKET, MULTILATERAL INSTITUTIONS, NATURAL RESOURCES, OFFICIAL DEVELOPMENT ASSISTANCE, OFFICIAL POLICY, PEACE, PER CAPITA INCOME, POLICY ENVIRONMENT, POLICY MAKERS, POLICY-MAKING PROCESS, POLITICAL ECONOMY, POLITICAL INSTITUTIONS, POLITICAL LEADERSHIP, POLITICAL STABILITY, POST CONFLICT RECONSTRUCTION, PRACTITIONERS, PRICE CONTROLS, PRIVATE INVESTMENT, PRIVATE SECTOR CREDIT, PRODUCTIVITY GROWTH, PROGRESS, PUBLIC AFFAIRS, PUBLIC INSTITUTIONS, PUBLIC INVESTMENT, PUBLIC PROCUREMENT, PUBLIC SERVICES, REAL GDP, RESOURCE MANAGEMENT, RURAL AREAS, SCIENTIFIC RESEARCH, SELF-CONFIDENCE, SERVICE DELIVERY, SERVICE PROVISION, SOCIAL AFFAIRS, SOCIAL COHESION, SOCIAL SECURITY, SOCIOECONOMIC DEVELOPMENT, STRUCTURAL PROBLEMS, SUSTAINABLE DEVELOPMENT, SUSTAINABLE ECONOMIC GROWTH, TAX, TAX BASE, TAX COLLECTION, TAX REVENUE, TAX REVENUES, TAX SYSTEM, TELECOMMUNICATIONS, TOTAL FACTOR PRODUCTIVITY, TRADE LIBERALIZATION, TRANSPARENCY, TRANSPORTATION, TREASURY, TRUST FUND, URBANIZATION, VICTIMS, VULNERABILITY, WEALTH, WORKFORCE, YOUTH