Africa’s Singapore? ②

197-2-891
The country is blessedly free of red tape, too. It ranks 45th in the World Bank’s index of the ease of doing business, above any African nation bar South Africa and Mauritius. Registering a firm takes three days and is dirt cheap. Property rights are strengthening, as well—the government is giving peasants formal title to their land.
The startling improvement in Rwanda’s business climate is largely thanks to Mr Kagame. Rwanda’s president is a controversial figure. A tough-as-Kevlar bush fighter, he stopped the genocide and chased the militias who carried it out into neighbouring Congo. His forces killed huge numbers of people. His enemies are terrified of him. The elections he holds are a sham.
On the plus side, he has overseen dramatic improvements of Rwanda’s institutions. He understands that his country may collapse again if it does not grow richer, and he is determined to make it easier for businesses to operate. The average income has more than doubled since 1994.
Investors are impressed. Visa, for example, is busy linking Rwandan shops and cash machines to its global network. It picked Rwanda out of dozens of countries as a test ground for bringing electronic payments to “frontier economies”. (It also woos gorilla-watching tourists.) Elizabeth Buse, Visa’s president for Asia, central Europe and Africa, says Rwanda is “a very easy place for a global firm to operate”.

A. 어휘
blessedly 행복하게도. red tape 관료주의. index 指標(지표).
bar=except ...를 제외하고. Registering 등록. dirt cheap 터무니없이 싼.
Property rights 財産權(재산권). formal title 공식 소유권.
startling 놀라운. controversial 논쟁적인. figure 인물.
Kevlar 초강력 섬유(강철보다 강한) 상표 이름.
tough-as-Kevlar 케바르처럼 강력한. bush fighter 원시부족의 戰士(전사).
chase 추격하다. sham 가짜, 속임수. has overseen 감독하다, 단속하다.
collapse 붕괴하다. Visa 디지털 전자지불회사.

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