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Agricultural Growth And Investment Options For Poverty Reduction In Rwanda
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Book Synopsis Agricultural Growth and Investment Options for Poverty Reduction in Rwanda by : Xinshen Diao
Download or read book Agricultural Growth and Investment Options for Poverty Reduction in Rwanda written by Xinshen Diao and published by Intl Food Policy Res Inst. This book was released on 2010-01-01 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although Rwanda has made considerable progress in recovering politically and economically from the devastating effects of the 1994 genocide, the poverty rate is still higher and the gross domestic product lower than before the genocide. Poverty reduction and economic growth would receive much-needed support from increased agricultural growth. This study assesses alternative agricultural development strategies, identifying areas in which policy reforms, together with public and private investment, can best promote Rwandan agriculture. The authors evaluate the potential of several different agricultural subsectors-grains, root crops, livestock, and others-to contribute to national agricultural growth and poverty reduction. They conclude that growth in staple crops, particularly root crops such as cassava and potatoes, has the greatest potential to encourage economywide growth and poverty reduction. Promoting the necessary staple crop growth will require the allocation of public resources to the agricultural sector to increase significantly, reaching 10 percent of the total government budget. It will also require rethinking Rwanda's earlier emphasis on promoting export crop growth, which has proved inadequate in encouraging poverty reduction while also posing environmental problems. This study makes an important contribution to the debate over the most effective development strategies for Rwanda and other Sub-Saharan African nations.Show More Show Less
Book Synopsis Public investment prioritization for Rwanda’s inclusive agricultural transformation: Evidence from rural investment and policy analysis modeling by : Aragie, Emerta
Download or read book Public investment prioritization for Rwanda’s inclusive agricultural transformation: Evidence from rural investment and policy analysis modeling written by Aragie, Emerta and published by Intl Food Policy Res Inst. This book was released on 2022-02-22 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: As Rwanda is expected to return to its rapid growth trajectory following the COVID-19 pandemic, agriculture will continue to play a central role in the structural transformation of the entire economy. To this end, the Government of Rwanda continues to invest in the agricultural sector by building on Strategic Plans for the Transformation of Agriculture (PSTAs) that began in the early 2000s. The challenging question is how to prioritize public expenditures across a broad portfolio of policies and programs. Ambitious plans, whether in the short or long term, require difficult decisions. The prioritization of public investment becomes even more complex as Rwanda’s structural transformation advances and as new investments—beyond the farm—become critically important for the agricultural sector. The structural transformation process itself means that as agriculture becomes more integrated with the rest of the economy, public resource allocations need to address a wider range of issues across the entire food system; these include nutrition-sensitive food production systems, inclusive value chain development, nonfarm rural enterprise development, and climate-resilient sustainable intensification of both crops and livestock. This study provides evidence that is designed to assist the Government of Rwanda in its selection of agricultural policy, investment, and expenditure portfolios that reflect the country’s broad focus on its food system and structural transformation. This process of prioritization will need to incorporate multiple public investments targeting multiple development outcomes and will need to be grounded in the costeffective use of public resources in a largely market-led transformation process. This data-driven and evidence-based approach must critically underpin an informed investment prioritization process that helps achieve ambitious targets in an environment constrained by limited public resources. The study uses the Rural Investment and Policy Analysis (RIAPA) economywide model developed by the International Food Policy Research Institute (IFPRI), with contributions from colleagues at the Ministry of Agriculture and Animal Resources (MINAGRI), the Ministry of Finance and Economic Planning (MINECOFIN) and the National Institute of Statistics of Rwanda (NISR). The study draws on data from multiple sources as well as expert insights to inform the application of RIAPA’s Agricultural Investment for Data Analyzer (AIDA) module as a tool to measure the impacts of alternative public expenditure options on multiple development outcomes. Using this integrated modeling framework, the study links agricultural and rural development spending to four specific outcomes: economic growth, job creation, poverty reduction, and diet quality improvement; at the same time, it considers the synergies and tradeoffs associated with the different investment options in the transformation process. The paper first assesses the contribution of public expenditures to agricultural and rural development under the fourth Strategic Plan for Agriculture Transformation (PSTA 4) that extends between 2018 and 2024. These findings are important, given the fact that since the beginning of PSTA 4, the budget allocated to MINAGRI (measured in constant prices) has stagnated. Our results suggest that increased spending on agriculture is well justified and that such spending is essential if the Government of Rwanda is to achieve its long-term development goals.
Book Synopsis Synopsis: Public investment prioritization for Rwanda's agricultural transformation: Benefits of an increase in public spending on agriculture under PSTA4 by : Aragie, Emerta
Download or read book Synopsis: Public investment prioritization for Rwanda's agricultural transformation: Benefits of an increase in public spending on agriculture under PSTA4 written by Aragie, Emerta and published by Intl Food Policy Res Inst. This book was released on 2022-02-22 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although public spending under the fourth Strategic Plan for the Transformation of Agriculture 2018– 2021 (PSTA 4) is generally well structured and cost-effective, funding has been largely stagnant— and even declining, when measured in constant prices—during PSTA’s first four years. This note summarizes the effects of a modest reallocation of public spending under PSTA 4 towards greater cost-effectiveness, as well as a modest increase in PSTA 4 spending. Results draw on an economywide modeling tool designed to prioritize public resources around four key development goals: economic growth, employment creation, poverty reduction, and diet quality improvement.
Book Synopsis The role of agriculture in the fast-growing Rwandan Economy by : Diao, Xinshen
Download or read book The role of agriculture in the fast-growing Rwandan Economy written by Diao, Xinshen and published by Intl Food Policy Res Inst. This book was released on 2014-07-31 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study assesses the future growth prospects of Rwanda. The report first focuses on broad economic growth using a rather aggregated 18-sector dynamic general equilibrium model to display the trade-off between rapid growth and structural change. The analysis shows that with the current investment pattern, rapid growth is possible but structural transformation is slow. With an overvalued exchange rate, growth in the tradable sector slows down and its share in the economy stays small. The importance of agriculture thus should be considered in the broad development strategy, for its role not only in poverty reduction but also in economic growth.
Book Synopsis Synopsis: Public investment for Rwanda's inclusive agricultural transformation: A midterm assessment of the contribution of PSTA4 by : Aragie, Emerta
Download or read book Synopsis: Public investment for Rwanda's inclusive agricultural transformation: A midterm assessment of the contribution of PSTA4 written by Aragie, Emerta and published by Intl Food Policy Res Inst. This book was released on 2022-02-22 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rwanda’s fourth Strategic Plan for the Transformation of Agriculture (PSTA 4), which extends from 2018 to 2024, is currently at its midpoint. This note highlights the contribution of PSTA 4 in its first half (2018–2021) to four key development outcomes: economic growth, job creation, poverty reduction, and diet quality improvement.
Book Synopsis African commitments for agricultural development goals and milestones for Rwanda by : Mitik, Lulit
Download or read book African commitments for agricultural development goals and milestones for Rwanda written by Mitik, Lulit and published by Intl Food Policy Res Inst. This book was released on 2020-05-01 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study developed a results framework to analyze Rwanda’s progress towards selected CAADP/Malabo, SDGs and Agenda 2063 goals. A Computable General Equilibrium model linked to an income distribution Micro-Simulation model were used to identify priority investment areas for accelerated agricultural growth, poverty and inequality reduction. The current investment trend simulated in the baseline scenario would leave Rwanda off-track to meet these objectives. The analysis of alternative agricultural investment scenarios shows that enhancing the role of the private sector in agriculture will be critical in curbing supply side constraints. The government plays a central role by creating an environment and making the sector more attractive to private investors. Developments outside of the agricultural sector and social protection will be critical to further reduce poverty. Productivity remains one of the major challenges but also one of the most effective solutions for accelerated agricultural growth in Rwanda. Agricultural investments should be designed considering the agricultural value-chain.
Book Synopsis Impacts of IFPRIs Priorities for Pro-poor Public Investment Global Research Program by : Renkow, Mitch
Download or read book Impacts of IFPRIs Priorities for Pro-poor Public Investment Global Research Program written by Renkow, Mitch and published by Intl Food Policy Res Inst. This book was released on 2011-02-08 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report assesses the impact of the International Food Policy Research Institutes (IFPRI) Global Research Program on Priorities for Public Investment in Agriculture and Rural Areas (GRP-3). Initiated in 1998, the stated objectives of the research program were (1) to increase public investment for rural areas and the agricultural sector given that there is an underspending in the sector and (2) to better target and improve efficiency of public resources to achieve these growth and poverty reduction goals, as well as other development goals. GRP-3 evolved out of research on the impacts of alternative types of public spending on income and poverty outcomes in India and China that was conducted by staff of IFPRIs Environment and Production Technology Division (later the Development Strategy and Governance Division). Those studies indicated that public investments in infrastructurein particular, investments in roads, agricultural research and development (R&D), and educationyielded sizeable marginal benefits in terms of poverty alleviation and income generation in rural areas. This line of research was later expanded to encompass a number of countries in Africa and, to a lesser extent, Southeast Asia and the Middle East. A second major (and ongoing) thrust of the program is to support African governments in establishing public investment priorities and strategies for promoting rural economic growth and poverty alleviation. Major activities undertaken include providing analytical and institutional support to the Comprehensive Africa Agriculture Development Programme (CAADP) and evaluations of individual publicly-funded programs in several African countries. GRP-3 has generated an impressive array of published outputs. The great bulk of these emerged from the research conducted in India and China. A much smaller number of published outputs have been generated by the (more recently conducted) research in Africa; however, a substantial number of papers, book manuscripts, and monographs are in various stages of the publication process. Other important program outputs include a variety of public expenditure databases suitable for assessing the nature and effects of individual countries spending priorities. GRP-3 research has had substantial influence on public expenditure priorities in India and China. Most notably, published research in India played a key role in the institution of the Rural Roads Program that directed huge sums toward construction of roads connecting large numbers of previously unserved villages. Quantitative assessment of the positive impacts from these road investments indicates that IFPRI research can reasonably take substantial credit for lifting tens of thousands of individuals out of poverty and increasing agricultural GDP by billions of rupees. Additionally, in both China and India, GRP-3 research has influenced recent policy conversations that have led to increased spending on agricultural R&D and education. Overall, the program has substantially met its stated objectives in Asia. GRP-3 research in Africa has yet to fully meet the programs objectives, in large part because the policymaking process in the countries where IFPRI has been active are still not far enough advanced for the research outputs to have translated into actual policies. Still, some important outcomes have emerged: The work IFPRI has conducted in support of CAADP has successfully shepherded 19 countries through the Compact process. However, the Compacts are intermediate products; it remains to be seen the extent to which governments follow through on the plans contained within them. IFPRIs compilations of disparate public expenditure data in a large number of countries represent a useful local public good for use by research and practitioner communities outside of IFPRI. In addition, IFPRIs role in guiding the formation and operation of a regional strategic assessment and knowledge support system (ReSAKSS) has boosted, if not created, institutional capacity for future monitoring and evaluation activities. Research on the impact of public investments in the agricultural sector has been useful to the donor community by providing empirical backstopping for ongoing policy dialogues with governments. However, the difficultand often contentiouspolitical environment in which those dialogues occur has meant that policy outcomes are still materializing (and far from certain).
Book Synopsis Promoting Agricultural Growth in Rwanda by : Weltbank
Download or read book Promoting Agricultural Growth in Rwanda written by Weltbank and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Rwanda is experiencing its best growth performance since independence. With average annual GDP growth rate of 8 percent and 5.2 percent for agricultural GDP from 1999-2012, Rwanda s recent growth is a historical record. The poverty headcount fell from 59 percent in 2001 to 45 percent in 2011, and agriculture continues to be one of the main drivers of growth and poverty reduction in Rwanda, significantly lifting rural households out of poverty. Yet, challenges in the agriculture sector remain. Specifically, to: (i) sustain the productivity gains in the short and medium-term, which have contributed to strong agriculture growth and raised rural incomes; ii) increase and improve nutrition security for the rural population; iii) strengthen and deepen value chain development including increasing agro-processing to create non-farm employment; iv) secure and strengthen linkages to domestic and international markets for agriculture production; and v) enhance the enabling environment to attract the private sector to invest in the sector and add value to the productivity increases.
Book Synopsis Agricultural Policies for Poverty Reduction by : OECD
Download or read book Agricultural Policies for Poverty Reduction written by OECD and published by OECD Publishing. This book was released on 2012-03-02 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume sets out a strategy for raising rural incomes which emphasises the creation of diversified rural economies with opportunities within and outside agriculture.
Book Synopsis Rwanda by : International Monetary Fund
Download or read book Rwanda written by International Monetary Fund and published by International Monetary Fund. This book was released on 2004-08-23 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rwanda’s Second and Third Reviews Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criteria are discussed. After an extended period characterized by a strong expansion of economic activity, real GDP growth is estimated by the IMF staff to have slowed to 0.9 percent in 2003. On the structural side, performance criteria on the revision of the tax law and preparation of the financial instructions for more effective expenditure management have been met.
Book Synopsis Strategic Priorities for Agricultural Development in Eastern and Central Africa by : Omamo, Steven Were
Download or read book Strategic Priorities for Agricultural Development in Eastern and Central Africa written by Omamo, Steven Were and published by Intl Food Policy Res Inst. This book was released on 2006 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: If agriculture in Eastern and Central Africa remains in its current state, not a single nation in the region will achieve the Millennium Development Goal of halving poverty by 2015. In the hopes of averting such a dismal outcome, this report analyzes agricultural development priorities and investment patterns in the region and their impact on growth and poverty rates, seeking an improved agricultural strategy. Using the Dynamic Research Evaluation for Management (DREAM) model and other tools to evaluate opportunities for increasing both agricultural and overall economic growth, the authors offer alternatives to the status quo. They propose approaches such as tailoring agricultural production to demand within Eastern and Central Africa, encouraging a wide variety of agricultural production to match the diversity of national demands and capacities, and promoting regional cooperation in agricultural development. Their analysis and conclusions should interest specialists in agricultural policy and investments, particularly those concerned with the impact of both on poverty reduction.
Download or read book Rwanda written by Weltbank and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Rwanda established targets for Gross Domestic Product (GDP) growth and poverty reduction, to be achieved by the year 2020; these were to (i) raise real per capita income from $230 to $900; and (ii) reduce the poverty incidence by half. To reach these targets, the Government projected in its 2002 Poverty Reduction Strategy Paper (PRSP) that GDP growth will to be in the range of 6 to 7 percent over the medium term. The PRSP focused on six priority areas: (i) rural development and agricultural transformation; (ii) human development; (iii) economic infrastructure; (iv) good governance; (v) private sector development; and (vi) institutional capacity development. While increased spending in the social sectors led to substantial improvements in outcomes there has been only limited spending for economic services, including investment to improve productivity in agriculture and manufacturing. Improvements in poverty have been marginal, due to a number of factors: (i) lack of investment in infrastructure during the recovery and stabilization phase, to complement the reforms undertaken to improve the business environment; (ii) lack of investments in capacity, institutions, and land/water management in the agricultural sector; (iii) continued low use of inputs; (iv) instability within the region; (v) delays in Rwanda's accession to the East Africa Community (EAC); and (vi) a slower than expected pace of reform in key sectors such as the tea industry. The PRSP anticipated that growth in the agricultural sector will proceed with progressive commercialization, with ensuing demand for agricultural and non-agricultural goods and services in rural areas, resulting in increasing non-farm employment.
Book Synopsis Rwanda by : International Monetary Fund. African Dept.
Download or read book Rwanda written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2013-12-17 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper focuses on Economic Development and Poverty Reduction Strategy (EDPRS) 2013–2018 for Rwanda. Ownership of the EDPRS by a wide range of stakeholders at national level has been a key factor of success. The EDPRS 2 has integrated inclusiveness and sustainability as driving factors in elaborating the strategy. Community-based solutions, working closely with the population, have made possible fast-track and cost-effective implementation and increased demand for accountability, in education with the 9YBE construction of classrooms, the Crop Intensification Program in agriculture, and community-based health care programs.
Book Synopsis Strategic Analysis and Knowledge Support Systems for Agriculture and Rural Development in Africa by : Michael Johnson
Download or read book Strategic Analysis and Knowledge Support Systems for Agriculture and Rural Development in Africa written by Michael Johnson and published by Intl Food Policy Res Inst. This book was released on 2010 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :1451833458 Total Pages :185 pages Book Rating :4.4/5 (518 download)
Book Synopsis Rwanda by : International Monetary Fund
Download or read book Rwanda written by International Monetary Fund and published by International Monetary Fund. This book was released on 2008-03-06 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rwanda’s Economic Development and Poverty Reduction Strategy provides a medium-term framework for achieving the country’s long-term development goals and aspirations as embodied in Rwanda Vision 2020, the seven-year Government of Rwanda programme, and the Millennium Development Goals. The strategy promotes three flagship programs, namely sustainable growth for jobs and exports, poverty reduction by promoting pro-poor components of the national growth agenda, and providing an anchor for pro-poor growth by building on low incidence of corruption and a regional comparative advantage in soft infrastructure.
Book Synopsis Promoting Pro-Poor Agricultural Growth in Rwanda by : Weltbank
Download or read book Promoting Pro-Poor Agricultural Growth in Rwanda written by Weltbank and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This report summarizes the findings of a study undertaken by the World Bank at the request of the Government of Rwanda. The study had three main objectives: (i) Validate the argument that agriculture has potential to become a leading engine of pro-poor growth in Rwanda and identify potential sources of rapid and sustainable growth within the agricultural sector; (ii) identify key actions that will be needed to unlock these sources of agricultural growth, and describe actions in other sectors that will be needed to support the successful implementation of the government's agricultural policy agenda; and (iii) confirm the congruence between the priority actions needed to stimulate increased agricultural growth and the policy reforms, institutional changes, and supporting investments envisioned under the Plan Strategique de Transformation Agricole (PSTA). This report consists of five sections, of which the introduction is the first. Section 2 describes the importance of agriculture in the economy of Rwanda and analyzes recent trends in the performance of the agricultural sector. Section 3 discusses possible future drivers of growth, considering both the demand and the supply side. Section 4 presents the results of a modeling exercise that explores the likely future impacts of alternative growth strategies on incomes, poverty, foreign exchange earnings, and food security. Section 5 concludes by discussing key actions within the agricultural sector that will be needed to stimulate sustainable pro-poor growth.
Book Synopsis Rwanda by : International Monetary Fund. African Dept.
Download or read book Rwanda written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2013-12-17 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Joint Staff Advisory Note focuses on the Poverty Reduction Strategy Paper for Rwanda. Rwanda’s second Economic Development and Poverty Reduction Strategy (EDPRS 2) covers FY2013/14–2017/18. It builds on the lessons learned in the implementation of the EDPRS 1. Among the positive lessons, the authorities point to the importance of ownership of the strategy including aid-financed programs, home-grown initiatives, community-based solutions, and an adequate institutional and legal framework. The overall objectives of the EDPRS 2 are to accelerate growth and further reduce poverty, including extreme poverty.
