Simulating the Impact of COVID-19 on Formal Firms in Rwanda

Simulating the Impact of COVID-19 on Formal Firms in Rwanda

Prior to COVID-19, Rwanda was booming, with economic growth exceeding ten percent in 2019. Strong growth has been accompanied by significant improvements across various human development indicators, such as poverty reduction and rising life expecta...

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Bibliographic Details
Main Authors: Lees, Adrienne, Mascagni, Giulia, Santoro, Fabrizio
Format: Brief
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
WAGE SUBSIDY
CORPORATE INCOME TAX
REVENUE SHOCK
EMPLOYMENT
CORONAVIRUS
COVID-19
PANDEMIC IMPACT
FIRM PERFORMANCE
FIRM EXIT RATE
FIRM PROFITABILITY
SALES REVENUE
Online Access:http://documents.worldbank.org/curated/en/683601600974907024/Simulating-the-Impact-of-COVID-19-on-Formal-Firms-in-Rwanda
http://hdl.handle.net/10986/34543
id okr-10986-34543
recordtype oai_dc
spelling okr-10986-345432021-05-25T10:54:40Z Simulating the Impact of COVID-19 on Formal Firms in Rwanda Lees, Adrienne Mascagni, Giulia Santoro, Fabrizio WAGE SUBSIDY CORPORATE INCOME TAX REVENUE SHOCK EMPLOYMENT CORONAVIRUS COVID-19 PANDEMIC IMPACT FIRM PERFORMANCE FIRM EXIT RATE FIRM PROFITABILITY SALES REVENUE Prior to COVID-19, Rwanda was booming, with economic growth exceeding ten percent in 2019. Strong growth has been accompanied by significant improvements across various human development indicators, such as poverty reduction and rising life expectancy. The pandemic has placed much of this progress in jeopardy. Exports and tourism have been hurt by border closures and disrupted trade flows, and Rwanda is already experiencing mounting balance of payment and fiscal pressures. The associated economic contraction is likely to result in significant declines in tax revenues. 2020-09-30T15:50:34Z 2020-09-30T15:50:34Z 2020-08-31 Brief http://documents.worldbank.org/curated/en/683601600974907024/Simulating-the-Impact-of-COVID-19-on-Formal-Firms-in-Rwanda http://hdl.handle.net/10986/34543 English MTI Practice Notes;No. 9J CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Brief 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 WAGE SUBSIDY
CORPORATE INCOME TAX
REVENUE SHOCK
EMPLOYMENT
CORONAVIRUS
COVID-19
PANDEMIC IMPACT
FIRM PERFORMANCE
FIRM EXIT RATE
FIRM PROFITABILITY
SALES REVENUE
spellingShingle WAGE SUBSIDY
CORPORATE INCOME TAX
REVENUE SHOCK
EMPLOYMENT
CORONAVIRUS
COVID-19
PANDEMIC IMPACT
FIRM PERFORMANCE
FIRM EXIT RATE
FIRM PROFITABILITY
SALES REVENUE
Lees, Adrienne
Mascagni, Giulia
Santoro, Fabrizio
Simulating the Impact of COVID-19 on Formal Firms in Rwanda
geographic_facet Africa
Rwanda
relation MTI Practice Notes;No. 9J
description Prior to COVID-19, Rwanda was booming, with economic growth exceeding ten percent in 2019. Strong growth has been accompanied by significant improvements across various human development indicators, such as poverty reduction and rising life expectancy. The pandemic has placed much of this progress in jeopardy. Exports and tourism have been hurt by border closures and disrupted trade flows, and Rwanda is already experiencing mounting balance of payment and fiscal pressures. The associated economic contraction is likely to result in significant declines in tax revenues.
format Brief
author Lees, Adrienne
Mascagni, Giulia
Santoro, Fabrizio
author_facet Lees, Adrienne
Mascagni, Giulia
Santoro, Fabrizio
author_sort Lees, Adrienne
title Simulating the Impact of COVID-19 on Formal Firms in Rwanda
title_short Simulating the Impact of COVID-19 on Formal Firms in Rwanda
title_full Simulating the Impact of COVID-19 on Formal Firms in Rwanda
title_fullStr Simulating the Impact of COVID-19 on Formal Firms in Rwanda
title_full_unstemmed Simulating the Impact of COVID-19 on Formal Firms in Rwanda
title_sort simulating the impact of covid-19 on formal firms in rwanda
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/683601600974907024/Simulating-the-Impact-of-COVID-19-on-Formal-Firms-in-Rwanda
http://hdl.handle.net/10986/34543
_version_ 1764481126628327424

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