Is Uganda an emerging economy? : a report for the OECD project "Emerging Africa"

Upphovspersoner: Bigsten, Arne | Kayizzi-Mugerwa, Steve
Utgivare: Nordiska Afrikainstitutet | Uppsala : Nordiska Afrikainstitutet
År: 2001
Språk: eng
Relation: Research report, 1104-8425 ; 118
Ämnesord: Economic performance, Economic policy, Emerging markets, Public sector, Private sector, Structural adjustment, Uganda, Business and economics, Ekonomi
Identifikator: urn:isbn:91-7106-470-2
Rättigheter: info:eu-repo/semantics/openAccess
In spite of serious external shocks and political destabilisation in part of the country, Uganda has remained a good economic performer since the late 1980s, with over a decade of high per capita growth in excess of three per cent. This study concludes that Uganda's medium to long-term success will depend on the achievements in institutional reforms, including raising the quality of the civil service, curbing corruption and implementing an effective regulatory framework. This is important as a poorly functioning public sector is both unable to uphold the rule of law, thus losing the public goodwill necessary for implementing new measures, and a burden on the private sector as it implies increased transaction costs. There is a widespread domestic and international concern that the civil strife in the Great Lakes Region might lead Uganda and its neighbours from the path of economic reform back to socio-economic instability.