Yvonne Umulisa, PhD

Academic rank: 
School of Economics
College of Business and Economics(CBE)
+250 788 821 959
Educational Background: 
• Ph.D. in Economics, Jönköping University, Sweden • Master’s in International and Development Economics, “Académie Louvain”, Belgium • Post graduate certificate in Learning and Teaching in Higher Education, University of Rwanda, Rwanda • Bachelor’s degree in Economics, National University of Rwanda, Rwanda
Research Interests and area of expertise : 
Inspired by the theory of optimum currency areas, her research has so far focused on the Economics of the East African Community Monetary Union (EAMU), to generate empirical evidence to inform key decision-makers about the future development of the EAMU.


  1. Hacker, R.S. and Umulisa, Y., (2021). Commonalities in the Movements of Inflation Rates among Countries in the East African Community, Emerging Market Finance and Trade Journal, 1-12. https://doi.org/10.1080/1540496X.2021.1997738
  2. Umulisa, Y. (2020). The Prospects for the East African Monetary Union: An Empirical Analysis. Department of Economics, Finance and statistics, Jönköping International Business School, Jönköping University, Sweden, Doctoral dissertation, No. 135. April 2020. https://www.diva-portal.org/smash/get/diva2:1422325/FULLTEXT01.pdf
  3. Umulisa, Y. (2020). Estimation of the East African Community’s trade benefits from promoting the intra-regional trade, African Development Review, 32(1), 55-66. DOI: 10.1111/1467-8268.12414
  4. Umulisa, Y., & Habimana, O. (2018). Business cycle Synchronization and Core-Periphery Patterns in the East African Community: A wavelet approach, Journal of Economic Integration, 33(4). 629-658. DOI: 10.11130/jei.2018.33.4.629
  5. Umulisa, Y. (2016). Effects of a Common Currency on Intra-Regional Trade in Africa:

Perspectives on the East African Community Monetary Union. In Almas Heshmati (Ed.) Economic Integration, Currency Union, and Sustainable and Inclusive Growth in East Africa (pp. 77-96). Springer. DOI: 10.1007/978-3-319-30432-8_5

Personal Statement: 
Prior positions include Payment Accountant and Financial Analyst at Partners in Health (PIH), and Development Policy Analyst and Research Expert in the National Development Planning and Research (NDPR) directorate at the Ministry of Finance and Economic Planning Rwanda. Umulisa has so far contributed to the development and implementation of internally and externally funded research projects. Which include the following research grants/projects: November 2021- present: Collaborator, WTO Chair programme: Transforming Rwanda into a hub of international trade- Drawing lessons from implementation of Vision 2020 for Progressive Growth. 4-year project funded by WTO. August 2021 - present: Co-PI, CARP project: Pioneer Domestication of Common Carp Fish, Cyprinidae in Rwandan Aquaculture Industry with valorization of Silkworm Pupae for Low-Cost Nutritious Fish Feed. 30 months research project funded by the National Council for Science and Technology (NCST). May 2021 - present: Team leader for the Economics research sub-programme under the UR-SWEDEN research partnership 2019-2024