05638oam 22012854 450 991078835000332120230721045652.01-4623-4367-81-4527-7026-31-282-84233-197866128423371-4518-7158-9(CKB)3170000000055173(EBL)1608129(SSID)ssj0001477224(PQKBManifestationID)11850120(PQKBTitleCode)TC0001477224(PQKBWorkID)11449298(PQKB)10054835(OCoLC)467296745(MiAaPQ)EBC1608129(IMF)WPIEE2009011(EXLCZ)99317000000005517320020129d2009 uf 0engurcn|||||||||txtccrHow Can Burundi Raise its Growth Rate? the Impact of Civil Conflicts and State Interventionon Burundi'S Growth Performance /Olivier BasdevantWashington, D.C. :International Monetary Fund,2009.1 online resource (20 p.)IMF Working PapersDescription based upon print version of record.1-4519-1594-2 Includes bibliographical references.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 Function6. 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; AppendixOver 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.IMF Working Papers; Working Paper ;No. 2009/011Economic developmentBurundiInvestments: CommoditiesimfInvestments: GeneralimfInvestments: StocksimfMacroeconomicsimfMacroeconomic Analyses of Economic DevelopmentimfEconomywide Country Studies: AfricaimfForecasting and Other Model ApplicationsimfMethodology for Collecting, Estimating, and Organizing Macroeconomic DataimfData AccessimfInvestmentimfCapitalimfIntangible CapitalimfCapacityimfPension FundsimfNon-bank Financial InstitutionsimfFinancial InstrumentsimfInstitutional InvestorsimfAgriculture: GeneralimfAggregate Factor Income DistributionimfInvestment & securitiesimfDepreciationimfStocksimfAgricultural commoditiesimfIncomeimfCapital accumulationimfNational accountsimfFinancial institutionsimfCommoditiesimfSaving and investmentimfFarm produceimfBurundiEconomic conditionsBurundiimfEconomic developmentInvestments: CommoditiesInvestments: GeneralInvestments: StocksMacroeconomicsMacroeconomic Analyses of Economic DevelopmentEconomywide Country Studies: AfricaForecasting and Other Model ApplicationsMethodology for Collecting, Estimating, and Organizing Macroeconomic DataData AccessInvestmentCapitalIntangible CapitalCapacityPension FundsNon-bank Financial InstitutionsFinancial InstrumentsInstitutional InvestorsAgriculture: GeneralAggregate Factor Income DistributionInvestment & securitiesDepreciationStocksAgricultural commoditiesIncomeCapital accumulationNational accountsFinancial institutionsCommoditiesSaving and investmentFarm produceBasdevant Olivier1491229DcWaIMFBOOK9910788350003321How Can Burundi Raise its Growth Rate? the Impact of Civil Conflicts and State Interventionon Burundi'S Growth Performance3712979UNINA