The Service-Led Development Temptation Rwanda is often cited as one of Africa’s most successful reform states—efficient governance, strong institutions, rapid improvements in the business environment, and a growing reputation as a hub for services, conferences, ICT, tourism, and finance . Kigali’s skyline, convention centers, airlines, and digital ambitions reinforce this image. But this raises a fundamental structural question: Is Rwanda at risk of becoming a polished service hub without a deep production base underneath it? This is not a theoretical concern. Many countries—especially small, landlocked, reform-oriented ones—have pursued services as a shortcut to development, only to discover that services without production tend to be fragile, externally dependent, and inequality-prone . The short answer is: Yes, Rwanda does face this risk. The longer answer is that this outcome is not inevitable —but avoiding it requires conscious, disciplined policy choices that resist the a...