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Record Nr. |
UNINA9910788350003321 |
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Autore |
Basdevant Olivier |
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Titolo |
How Can Burundi Raise its Growth Rate? the Impact of Civil Conflicts and State Interventionon Burundi'S Growth Performance / / Olivier Basdevant |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2009 |
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ISBN |
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1-4623-4367-8 |
1-4527-7026-3 |
1-282-84233-1 |
9786612842337 |
1-4518-7158-9 |
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Descrizione fisica |
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1 online resource (20 p.) |
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Collana |
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Soggetti |
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Economic development - Burundi |
Investments: Commodities |
Investments: General |
Investments: Stocks |
Macroeconomics |
Macroeconomic Analyses of Economic Development |
Economywide Country Studies: Africa |
Forecasting and Other Model Applications |
Methodology for Collecting, Estimating, and Organizing Macroeconomic Data |
Data Access |
Investment |
Capital |
Intangible Capital |
Capacity |
Pension Funds |
Non-bank Financial Institutions |
Financial Instruments |
Institutional Investors |
Agriculture: General |
Aggregate Factor Income Distribution |
Investment & securities |
Depreciation |
Stocks |
Agricultural commodities |
Income |
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Capital accumulation |
National accounts |
Financial institutions |
Commodities |
Saving and investment |
Farm produce |
Burundi Economic conditions |
Burundi |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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Contents; I. Introduction; 1. Doing Business, 2007-08; II. The Continued Decline in GDP per Capita; 1. A History Marked by a Decline of Real GDP per Capita, 1970-2007; Tables; 2. Average Growth Rates; 2. The Three Growth Periods in Burundi, 1970-2007; 3. Growth and Investment in Burundi and Sub-Saharan Africa (SSA), 1970-2007; 4. ICOR in Burundi and SSA, 1970-2007; Boxes; 1. Energy; 5. Top 10 Constraints on Firm Investment in Burundi, 2006; 2. Coffee Sector; Figures; 3. Coffee Prices; 4. Coffee Production; III. Estimating the Capacity Constraint with a Production Function |
6. Estimated Coefficients 5. Real GDP and Capital Stock Indices, 1970-2007; 6. Estimated Depreciation Rates, 1973-2007; IV. Breaking the Vicious Circle of Low Investment and Economic Inefficiency; 7. Growth Decomposition (percent); V. Conclusion; 7. GNI per Capita in Constant US, 2005-50; 8. Long-run Values of Key Variables; References; Appendix |
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Sommario/riassunto |
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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. |
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