05880oam 22013934 450 991096582430332120250426110049.0978661284233797814623436761462343678978145277026014527702639781282842335128284233197814518715861451871589(CKB)3170000000055173(EBL)1608129(SSID)ssj0001477224(PQKBManifestationID)11850120(PQKBTitleCode)TC0001477224(PQKBWorkID)11449298(PQKB)10054835(OCoLC)467296745(MiAaPQ)EBC1608129(IMF)WPIEE2009011(IMF)WPIEA2009011WPIEA2009011(EXLCZ)99317000000005517320020129d2009 uf 0engurcn|||||||||txtccrHow Can Burundi Raise its Growth Rate? the Impact of Civil Conflicts and State Interventionon Burundi'S Growth Performance /Olivier Basdevant1st ed.Washington, D.C. :International Monetary Fund,2009.1 online resource (20 p.)IMF Working PapersDescription based upon print version of record.9781451915945 1451915942 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 developmentBurundiAggregate Factor Income DistributionimfAgricultural commoditiesimfAgriculture: GeneralimfCapacityimfCapital accumulationimfCapitalimfCommoditiesimfData AccessimfDepreciationimfEconomywide Country Studies: AfricaimfFarm produceimfFinancial institutionsimfFinancial InstrumentsimfForecasting and Other Model ApplicationsimfIncomeimfInstitutional InvestorsimfIntangible CapitalimfInvestment & securitiesimfInvestmentimfInvestments: CommoditiesimfInvestments: GeneralimfInvestments: StocksimfMacroeconomic Analyses of Economic DevelopmentimfMacroeconomicsimfMethodology for Collecting, Estimating, and Organizing Macroeconomic DataimfNational accountsimfNon-bank Financial InstitutionsimfPension FundsimfSaving and investmentimfStocksimfBurundiEconomic conditionsBurundiimfEconomic developmentAggregate Factor Income DistributionAgricultural commoditiesAgriculture: GeneralCapacityCapital accumulationCapitalCommoditiesData AccessDepreciationEconomywide Country Studies: AfricaFarm produceFinancial institutionsFinancial InstrumentsForecasting and Other Model ApplicationsIncomeInstitutional InvestorsIntangible CapitalInvestment & securitiesInvestmentInvestments: CommoditiesInvestments: GeneralInvestments: StocksMacroeconomic Analyses of Economic DevelopmentMacroeconomicsMethodology for Collecting, Estimating, and Organizing Macroeconomic DataNational accountsNon-bank Financial InstitutionsPension FundsSaving and investmentStocks301.24Basdevant Olivier1813871DcWaIMFBOOK9910965824303321How Can Burundi Raise its Growth Rate? the Impact of Civil Conflicts and State Interventionon Burundi'S Growth Performance4371303UNINA