Uganda - Moving Beyond Recovery, Investment and Behavior Change, For Growth, Volume 2, Overview
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 be...
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Language: | English en_US |
Published: |
Washington, DC
2012
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Online Access: | http://documents.worldbank.org/curated/en/2007/09/8828790/uganda-moving-beyond-recovery-investment-behavior-change-growth-vol-2-2-overview http://hdl.handle.net/10986/7574 |
Summary: | 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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