Central+Africa

Growth Presentation Home

Discussion
- Primary exports of Rwanda are coffee and tea, and it's current effort to regain economic strength is largely dependent on world prices of those goods - The 1994 genocide caused severe economic damage in a country that had a shaky economic foundation to begin with. - The negative overall growth rate is indicative of the country's economic history from 1960. The country was already on a downward trend going into 1994, and has since struggled to stabilize and rehabilitate the economy. - Compared to other countries in the region, Rwanda is one of the worst economies (if not the worst) in a region that is not economically strong anyway.
 * Rwanda:**

Key Stats
k^{1/3} math ||= **Implied TFP** ||= **I/Y** ||= **K/Y** ||^  || (Notes: **Pop** is 2007 population in millions. **GDP/Pop** is 2007 per capita GDP in 2005 dollars using international prices. **y** is per capita GDP divided by US per capita GDP (i.e. normalized so that the US value is 1). **k^1/3** is capital per capita divided by the US value of capital per capita and then raised to the 1/3 power. **Implied TFP** is **y** divided by **k^1/3**. **I/Y** is the average savings rate from 1980-2007. **K/Y** is the 2007 capital-output ratio. **g** is the average growth rate from 1960-2007. Click here for links to the source data and tips for calculating.)
 * ~ Name ||~ Pop ||~ GDP/Pop ||~ y ||||= Prod Model (Ch 4) ||||= Solow Model (Ch 5) ||~ g ||
 * ^  ||^   ||^   ||^   ||= math
 * Congo (Dem. Rep. of) ||> 64.4 ||> 390 ||> .009 ||> .15 ||> .06 ||> .01 ||> 1.13 ||> -.03 ||
 * Cameroon ||>  ||>   ||>   ||>   ||>   ||>   ||>   ||>   ||
 * Chad ||> 9.9 ||> 2439 ||> .057 ||> .38 ||> .15 ||> .087 ||> 1.00 ||> .0124 ||
 * Rwanda ||> 9.9 ||> 1135 ||> .026 ||> 0.17 ||> .153 ||> 6.71 ||> .19 ||> -1.28 ||
 * Burundi ||> 8.39 ||> 644 ||> .015 ||> 0.148 ||> 0.010 ||> 9.97 ||> 2.13 ||> -0.0214 ||
 * Central African Rep. ||> 4.377 ||> 864 ||> 0.02 ||> .20 ||> .10 ||> .0237 ||> 1.22 ||> -0.010 ||
 * Congo (Rep.) ||> 3.8023 ||> 3339 ||> .08 ||>  ||>   ||> 9.1903 ||> .62 ||> .0033 ||
 * Gabon ||> 1.5M ||> 7859 ||> 0.18 ||> 0.42 ||> 0.43 ||> 10.2 ||> 1.26 ||> 0.0179 ||
 * Equatorial Guinea ||> 0.5998 ||> 23065 ||> 0.538 ||> 0.5765 ||> 0.933 ||> 20.553 ||> 1.13 ||> 0.0839 ||