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Description
This volume represents a cornucopia of research studies coming out of an international conference held in Kigali, Rwanda in 2018. The essays comprise contributions on various microeconomic and macroeconomic policy angles that are crucial for a less developed economy to embark on a road to recovery to converge with the desired trajectory. The topics encompass a broad range of issues like the role of savings, capital formation, human capital, innovations, entrepreneurship, profit-shifting by multinational corporations, small and medium enterprises (SMEs), and firms’ strategies for achieving sustained and balanced growth. The chapters are organized under three major themes based on the commonality of areas that they cover: (i) Macroeconomic Constraints: Monetary Policy, Investments, and Population; (ii) Firms’ Performance, SMEs, and Role of Entrepreneurship; and (iii) Entrepreneurship and Business Performance: Strategies and Policies. It has a collection of 12 empirical studies that havean overall focus on macroeconomic policies such as savings among the rural poor; sustained investments in and development of capital markets; role of entrepreneurial sustainability; role of innovations for firms’ performance; healthcare reforms; the benefits of technology, policy incentives such as tax benefits for promoting growth, and strategic considerations such as marketing or positioning strategies; export strategies; and productivity enhancement via processing and profit sharing. With contributions from 27 authors, the studies bring forth knowledge about the factors that influence well-being via better technologies and innovations favoring productivity, firm performance, and their positive externalities in the food, nutrition, and health sectors. Given the wide-ranging coverage of top-down and bottom-up approaches and strategies for development, the book offers insights for policy interventions necessary for Rwanda’s gradual transition from agriculture to an industrial transformation via manufacturing and service-led development without smokestack industries.
Table of Contents
1. Introduction and Overview.- 2. An analysis of savings among rural poor households in Rwanda.- 3. Economic Modelling of Capital Market and Sustainable Investment in Rwanda.- 4. The Working of Monetary Policy Transmission Mechanism in Rwanda: An Econometric Analysis using Equilibrium Model.- 5. Effect of Population Growth on Economic Development in Rwanda.- 6. Innovation and Firms’ Performance in the Rwandese Manufacturing Industry: A firm Level Empirical Analysis.- 7. Business Networks and SMEs Growth in Rwanda.- 8. Optimizing a Network of Drone-aided Healthcare Services in Rural Rwanda.- 9. Determinants of Profit Shifting by Multinational Companies In Developing Countries: A Case Of Rwanda.- 10. Determinants of entrepreneurship sustainability among family businesses in Rwanda: case of small and medium family businesses in Kigali.- 11. Assessing the role of positioning strategy on market performance of soft drink manufacturing enterprises (SDMEs) in Rwanda.- 12. Determinants of the Rwandese Food and Beverage Processing Productivity: Do Tax incentives matter?.- 13. Effect of tax incentives on the growth of SMES in Rwanda: a case study of SMEs in Nyarugenge district.
