The development path less traveled: the experience of Rwanda

Departmental paper No. 20/10

Format:

Corporate Author:

International Monetary Fund African Department

Author:

Laure Redifer

Publisher:

IMF

This paper explores some of the key factors behind Rwanda key successes, including unique institution-building that emphasized governance and ownership; aid-fueled and government-led strategic investment in people, infrastructure, and high-yield economic activity; re-establishment and expansion of a domestic tax base; policies to reduce aid dependency by attracting private investment and bolstering exports; and a purposeful strategy to harness the economic power of gender inclusion