Emerging markets

Tanzania : is the ugly duckling finally growing up?

Upphovspersoner:	Bigsten, Arne | Danielson, Anders
Utgivare:	Nordiska Afrikainstitutet | Uppsala : Nordiska Afrikainstitutet
År:	2001
Ämnesord:	Economic performance, Economic policy, Emerging markets, Public sector, Private sector, Structural adjustment, Tanzania, Business and economics, Ekonomi

The title of this report is inspired by the great Danish author Hans Christian Andersen who in the child's tale "Den Grimme Ælling" ("The Ugly Duckling") tells the story of a particularly ugly duckling. She is so ugly, in fact, that she is despised and disliked by all other ducks and ducklings. After a long and painful period of time, however, she grows up - but not to become an ugly duck. Instead she becomes a beautiful white swan, admired by all. So Andersen's tale has a happy ending-at least as far as the ugly duckling goes. The major question tackled in this report is whether a similar fate is awaiting Tanzania. Having been something of an enfant terrible since the deep crisis in the early 1980s, economic progress since 1995 provides some hope that the duckling period is Tanzania is finally over. The study initially emerged as part of the "Emerging Africa" research program launched by the OECD's Development Centre in 1997. Comments from participants in that research program are gratefully acknowledged, particularly Jean-Claude Berthélemy (project leader), Aristomene Varoudakis and Ludvig Söderlind. Jean Bonvin, President of the Development Centre (until spring, 1999) guided the project from the start. The project was financed by generous grants from the governments of Switzerland and Belgium.  

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
Ämnesord:	Economic performance, Economic policy, Emerging markets, Public sector, Private sector, Structural adjustment, Uganda, Business and economics, Ekonomi

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.