Analysis of the Contribution of Foreign Policy Strategies to the Economic Development in Rwanda by Irivuzimana Aime Muyombano Ph.D

Prof. Maurice M. SAKWA, PhD**, Aimé Muyombano I. PhD Scholar*;  Jared DEYA,PhD ***; Prof. Eugene Ndabaga, PhD****
* School of Development Studies and Communication, JKUAT, Nairobi-Rwanda
**Senior Lecturer and COD Development Studies, JKUAT, Nairobi-Kenya
*** Lecturer School of Development Studies and Communication, JKUAT, Nairobi-Kenya
**** Senior Lecturer School of Education, University of Rwanda, Kigali-Rwanda" DOI:

       
Abstract: To analyse the contribution of Rwandan Foreign Policy Strategies and its Economic Development is pertinent to understand how Rwanda’s diplomacy has contributed to socioeconomic development of the nation. This study is important to various stakeholders in particular the Government of Rwanda, academicians, professionals and researchers. In this paper, researcher aimed at developing the notion conceptually. Specifically he built on the work of Nath, (2013), Kim. (2012), whom their works were based on the contribution of Strategic Partnership, regional, global to economic development. The target population was 214 from Public&Private Institutions. Primary data was collected using structured questionnaires. Secondary data was collected by reading and analyzing relevant books and journals. Data was analysed using descriptive and inferential statistics. In particular, regression analysis was carried out to investigate the relationship between hypothesized variables. The study found out that foreign policy strategy has a statistically significant effect on economic development in Rwanda (F=9.757, R² = 0.783, Sig=0.004<0.05). With a p-value of 0.002 < 0.05, it can be concluded that wealth creation strategy has a statistically significant effect on economic development of Rwanda (F=9.757, R² = 0.783 Sig=0.004 at α=0.05). With a pvalue of 0.003 < 0.05, it can be concluded that regional and global relationship strategy has a statistically significant effect on economic development of Rwanda (F=9.757, R² = 0.783, Sig=0.004 at α=0.05). With p-value of 0.002<0.05, it can be concluded that partnership strategy has a statistically significant effect on economic development in Rwanda (F=9.757, R² = 0.783, Sig=0.004 at α=0.05). The study established a positive contribution between foreign policy strategies and Economic Development in Rwanda. Therefore, the study recommends that partnership strategy should go hand in hand with economic diplomacy in order to attract foreign investors and enable strong trade negotiation for improving import and export promotion. Index Terms- Partnership; Regional & Global and Wealth creation strategy

Index Terms: Partnership; Regional & Global and Wealth creation strategy

https://www.researchgate.net/publication/325267709_Analysis_of_the_Contribution_of_Foreign_Policy_Strategies_to_the_Economic_Development_in_Rwanda