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How Can Burundi Raise its Growth Rate? the Impact of Civil Conflicts and State Interventionon Burundi'S Growth Performance

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  • Olivier Basdevant

Abstract

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.

Suggested Citation

  • Olivier Basdevant, 2009. "How Can Burundi Raise its Growth Rate? the Impact of Civil Conflicts and State Interventionon Burundi'S Growth Performance," IMF Working Papers 2009/011, International Monetary Fund.
  • Handle: RePEc:imf:imfwpa:2009/011
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    5. Harvey, A C, 1985. "Trends and Cycles in Macroeconomic Time Series," Journal of Business & Economic Statistics, American Statistical Association, vol. 3(3), pages 216-227, June.
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    Cited by:

    1. Nillesen, Eleonora, 2016. "Empty cups? Assessing the impact of civil war violence on coffee farming in Burundi," African Journal of Agricultural and Resource Economics, African Association of Agricultural Economists, vol. 11(1), pages 1-15, March.

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