Rwanda Ambitious Agenda for Improving its Institution Fitness: Taking Risks for Social and Sustainable Development.
Etienne Musonera & Zipangani M. Vokhiwa
Abstract
Following the 1994 Genocide against Tutsis that originated from bad governance, Rwanda embarked on an extensive continuous reconstruction, ambitious social development agenda with the ultimate objective to rebuild and strengthen the foundations of macroeconomic stability, sustainable development, and commitment to improve its business and investment climate. Building on social capital, Rwanda launched the Economic Development and Poverty Reduction Strategy (EDPRS) in 2007. In 2016, World Bank ranked Rwanda as the 2nd easiest place to do business in Africa, Safest place to walk and night in Africa, and 5th globally, as the world’s fastest development country.