Creating Markets in Rwanda : Transforming for the Jobs of Tomorrow

Rwanda has made unsurmountable strides along its development path. Rwanda has placed among the world’s fastest-growing economies, climbing the development ladder from second-poorest in the world in 1994 to sit ahead of nineteen other countries. To...

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Main Author: International Finance Corporation
Format: Report
Language:English
Published: International Finance Corporation, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/685821567684905917/Country-Private-Sector-Diagnostic
http://hdl.handle.net/10986/32400
id okr-10986-32400
recordtype oai_dc
spelling okr-10986-324002021-05-25T09:27:43Z Creating Markets in Rwanda : Transforming for the Jobs of Tomorrow International Finance Corporation PRIVATE SECTOR DEVELOPMENT INVESTMENT CLIMATE STATE-OWNED ENTERPRISES EXPORT-LED GROWTH AGRIBUSINESS HOUSING WORLD BANK GROUP STRATEGY Rwanda has made unsurmountable strides along its development path. Rwanda has placed among the world’s fastest-growing economies, climbing the development ladder from second-poorest in the world in 1994 to sit ahead of nineteen other countries. Today, job creation lies at the heart of Rwanda’s development challenge. The government of Rwanda (GoR) recognizes the urgency of creating new jobs. The new thirty-year Vision for the period up to 2050, which is currently being finalized, elaborates the country’s long-term development goals. The core of transformation for prosperity is developing high-value and competitive sectors, to transition the population and economy from subsistence agriculture toward industry and high-skilled services. The purpose of the Rwanda country privates sector diagnostic (CPSD) is to identify market opportunities and constraints in sectors that advance the country’s development objectives. By assessing the landscape of private sector investment in the country, the CPSD identifies specific constraints to private sector investment and productivity growth, concrete opportunities that could materialize in the short term, and the reforms that will enable this materialization. It then discusses how specific actions by the public sector in collaboration with the private sector by filling gaps in public investment, reforming regulations, and addressing market failures could unleash sectors’ private investment potential. 2019-09-17T19:08:04Z 2019-09-17T19:08:04Z 2019-03 Report http://documents.worldbank.org/curated/en/685821567684905917/Country-Private-Sector-Diagnostic http://hdl.handle.net/10986/32400 English Country Private Sector Diagnostic; CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo International Finance Corporation International Finance Corporation, Washington, DC Economic & Sector Work Economic & Sector Work :: PSD, Privatization and Industrial Policy Africa Rwanda
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic PRIVATE SECTOR DEVELOPMENT
INVESTMENT CLIMATE
STATE-OWNED ENTERPRISES
EXPORT-LED GROWTH
AGRIBUSINESS
HOUSING
WORLD BANK GROUP STRATEGY
spellingShingle PRIVATE SECTOR DEVELOPMENT
INVESTMENT CLIMATE
STATE-OWNED ENTERPRISES
EXPORT-LED GROWTH
AGRIBUSINESS
HOUSING
WORLD BANK GROUP STRATEGY
International Finance Corporation
Creating Markets in Rwanda : Transforming for the Jobs of Tomorrow
geographic_facet Africa
Rwanda
relation Country Private Sector Diagnostic;
description Rwanda has made unsurmountable strides along its development path. Rwanda has placed among the world’s fastest-growing economies, climbing the development ladder from second-poorest in the world in 1994 to sit ahead of nineteen other countries. Today, job creation lies at the heart of Rwanda’s development challenge. The government of Rwanda (GoR) recognizes the urgency of creating new jobs. The new thirty-year Vision for the period up to 2050, which is currently being finalized, elaborates the country’s long-term development goals. The core of transformation for prosperity is developing high-value and competitive sectors, to transition the population and economy from subsistence agriculture toward industry and high-skilled services. The purpose of the Rwanda country privates sector diagnostic (CPSD) is to identify market opportunities and constraints in sectors that advance the country’s development objectives. By assessing the landscape of private sector investment in the country, the CPSD identifies specific constraints to private sector investment and productivity growth, concrete opportunities that could materialize in the short term, and the reforms that will enable this materialization. It then discusses how specific actions by the public sector in collaboration with the private sector by filling gaps in public investment, reforming regulations, and addressing market failures could unleash sectors’ private investment potential.
format Report
author International Finance Corporation
author_facet International Finance Corporation
author_sort International Finance Corporation
title Creating Markets in Rwanda : Transforming for the Jobs of Tomorrow
title_short Creating Markets in Rwanda : Transforming for the Jobs of Tomorrow
title_full Creating Markets in Rwanda : Transforming for the Jobs of Tomorrow
title_fullStr Creating Markets in Rwanda : Transforming for the Jobs of Tomorrow
title_full_unstemmed Creating Markets in Rwanda : Transforming for the Jobs of Tomorrow
title_sort creating markets in rwanda : transforming for the jobs of tomorrow
publisher International Finance Corporation, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/685821567684905917/Country-Private-Sector-Diagnostic
http://hdl.handle.net/10986/32400
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