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Economic & Sector Work :: Country Economic Memorandum

Uganda - Moving Beyond Recovery, Investment and Behavior Change, For Growth, Volume 2, Overview

ADJUSTMENT POLICY AGGREGATE DEMAND AGGREGATE INCOME AGGREGATE PRODUCTION FUNCTION AGGREGATE SUPPLY AGRICULTURAL GROWTH AGRICULTURAL PERFORMANCE AGRICULTURAL PRODUCTIVITY AGRICULTURE ANNUAL GROWTH AVERAGE GROWTH AVERAGE INCOME AVERAGE LEVEL BANK CREDIT BANKING CRISIS BANKING SERVICES BARRIERS TO GROWTH BENCHMARK BINDING CONSTRAINT BINDING CONSTRAINTS BLACK MARKET BLACK MARKET PREMIUM BUSINESS ENVIRONMENT CAPITA INCOME GROWTH CAPITAL ACCOUNTS CAPITAL ACCUMULATION CAPITAL FLIGHT CAPITAL INTENSITY CAPITAL MARKET CAPITAL STOCK CIVIL WAR CLOSED ECONOMY COMMERCIAL BANK COMMODITIES COMMODITY COMMODITY EXPORT COMMODITY PRICES COMPETITIVENESS CONSUMERS CONSUMPTION GROWTH CREDIT CONSTRAINTS CROSS COUNTRY CURRENCY DATA SETS DEBT DECREASING RETURNS DEMOGRAPHIC DEPENDENT VARIABLE DEVALUATIONS DEVELOPING COUNTRIES DEVELOPING ECONOMIES DEVELOPMENT ASSISTANCE DISTRIBUTION OF INCOME DIVERSIFICATION DIVIDEND DOMESTIC PRICES DOMESTIC SAVINGS DYNAMIC ECONOMY ECONOMETRIC ANALYSIS ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC HISTORY ECONOMIC PERFORMANCE ECONOMIC REFORM ECONOMIC REFORMS ECONOMIC TRANSFORMATION EDUCATIONAL ATTAINMENT EMPIRICAL WORK ENGLE CURVE EXCHANGE RATE EXCHANGE RATE MOVEMENT EXCHANGE RATE REGIME EXPORT DIVERSIFICATION EXPORT MARKET EXPORT PROMOTION EXPORTS EXTERNAL SHOCKS EXTERNALITIES FACTOR ACCUMULATION FACTORS OF PRODUCTION FERTILITY RATE FINANCIAL INTERMEDIATION FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SYSTEM FIXED CAPITAL FOOD PRICES FOREIGN EXCHANGE FOREIGN OWNERSHIP FUTURE GROWTH GDP GDP PER CAPITA GROSS DOMESTIC PRODUCT GROSS FIXED CAPITAL FORMATION GROSS OUTPUT GROWTH ACCELERATIONS GROWTH ACCOUNTING GROWTH DIAGNOSTICS GROWTH IMPACT GROWTH MODELS GROWTH OF LABOR GROWTH PERFORMANCE GROWTH PROSPECTS GROWTH RATE GROWTH RATES HUMAN CAPITAL HUMAN DEVELOPMENT INCOME INCOMES INCREASE GROWTH INCREASE IN CAPITAL INDUSTRIAL DEVELOPMENT INSURANCE INTEREST RATES INTERNATIONAL TRADE INVESTMENT CLIMATE INVESTOR CONFIDENCE LABOR FORCE LABOR FORCE GROWTH LAND USE LEVEL OF OUTPUT LIBERALIZATION LONG RUN LONG-RUN GROWTH LONG-TERM GROWTH LOW SHARE MACRO POLICIES MACRO STABILITY MACROECONOMIC MANAGEMENT MACROECONOMIC STABILITY MARKET ACCESS MARKET PRICE MARKET PRICES MARKET SHARE MEDIUM ENTERPRISE MULTIPLIER EFFECTS NATIONAL ACCOUNTS NATIONAL INCOME NATURAL RESOURCE NEGATIVE IMPACT NEW PRODUCT NEW PRODUCTS NON-TRADITIONAL EXPORTS OUTPUT GROWTH PER CAPITA GROWTH PER CAPITA INCOME POLICY MAKERS POLICY REFORMS POLITICAL INSTABILITY POOR PEOPLE PORTFOLIO PORTFOLIO FLOWS POVERTY REDUCTION PRICE DISTORTIONS PRICE RISK PRIMARY EDUCATION PRIVATE INFRASTRUCTURE PRIVATE INVESTMENT PRIVATE INVESTMENTS PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PRO-POOR PRO-POOR GROWTH PRODUCTION FUNCTION PRODUCTIVE ASSETS PRODUCTIVITY GROWTH PROPERTY RIGHTS PUBLIC EXPENDITURE PUBLIC FINANCE PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC POLICY PUBLIC SECTOR PUBLIC SERVICE PUBLIC SPENDING PURCHASING POWER RAPID GROWTH RATE OF GROWTH RATE OF RETURN REAL EXCHANGE RATE REAL GDP REFORM EFFORTS REFORM POLICIES REFORM PROGRAM REGIONAL TRADE RELATIVE PRICES REMOTE AREAS RESOURCE ALLOCATION RETURNS TO SCALE RISK SHARING RURAL AREAS RURAL GROWTH SECONDARY ENROLLMENT SECTORAL COMPOSITION SHARE OF OUTPUT SOCIAL CAPITAL STATISTICAL ANALYSIS STRUCTURAL CHANGE SUSTAINABLE GROWTH TAX TAX REVENUES TECHNICAL CHANGE TECHNOLOGICAL CHANGE TECHNOLOGY TRANSFER TELECOMMUNICATIONS TFP TOTAL EXPENDITURE TOTAL FACTOR PRODUCTIVITY TRADE POLICY TRADE SHOCKS UNEMPLOYMENT URBAN AREAS URBAN WORKERS VALUE ADDED VOLATILITY WAGES WEALTH WORLD DEVELOPMENT INDICATORS
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Washington, DC
Africa | East Africa | Sub-Saharan Africa | Uganda
2012-06-08T19:26:00Z | 2012-06-08T19:26:00Z | 2007-09

In 2006 most of the people of Uganda, with the notable exception of those in the conflict-blighted Northern Region, enjoy a better quality of life and brighter opportunities in a stable and growing economy. Uganda's economy has bounced back beyond what could be regarded as recovery, with real incomes per person now exceeding the levels reached at Independence in 1962. The report structure is as follows: volume one synthesizes the conclusions from analysis in Volume two. In Chapter 1 of Volume two, emphasis is placed on understanding what drove past growth at macro and sector levels, and in particular, on how Uganda's firms and farms have evolved. Chapter 2 continues the retrospective of past growth in agriculture, the most important sector of the economy. The report provides a comprehensive review of growth trends in agriculture, using several data sources. The chapter provides fresh insights on recent trends in poverty and inequality. Chapter 3 presents growth diagnosis and it identifies short-term actions to remove emerging constraints to present and near-term future growth. Chapter 4 models alternative future growth paths and the impact o f alternative public investments on growth using a SAM-based CGE model. The analysis reveals there is little to be gained from 'robbing Peter to pay Paul' for example fixing infrastructure by reducing education financing. Chapters 6 and 7 return to the short-term priorities to remove binding constraints to growth, and put meat on the actions identified in Chapter 3 as being required in the financial sector (Chapter 6) and in infrastructure (Chapter 7). Finally, Chapter 8 ends by assessing the scope for an externally financed scale up of infrastructure.

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