The global financial crisis, showing private capital inflows and economic growth in Rwanda and Burundi
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Date
2009-11Author(s)/Corporate Author (s)
Rusuhuzwa, Thomas Kigabo;Baricako, Joseph;
United Nations. Economic Commission for Africa.;
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The main objective of this paper was to investigate the impact of FDI on economic growth in Rwanda and Burundi, two member countries of the east African community and CEPGL. The share of FDI in the two countries still limited and this can explain why its impact in economic growth is not significant. There is an interesting trend in Rwanda. The share of FDI in GDP significantly increase since 2006 due to good economic conditions and high level of macroeconomic and political stability, favorable growth prospects and investment environments achieved in Rwanda during these last years. Due to the current improvement doing business in Rwanda, the countries is expected to attract more and more foreign direct investment in few next coming years.