Description |
1 online resource (29 pages) |
Series |
IMF working paper, 2227-8885 ; WP/04/170 |
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IMF working paper ; WP/04/170.
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Contents |
""Contents""; ""I. INTRODUCTION""; ""II. FINANCIAL INFLOWS, GROWTH, AND THE DUTCH DISEASE: BACKGROUND AND ANALYTICAL FRAMEWORK""; ""III. FINANCIAL FLOWS TO UGANDA, THE REAL EXCHANGE RATE, AND EXPORTS""; ""IV. THE CORE DUTCH DISEASE MODEL AND UGANDA�S REAL EXCHANGE RATE AND EXPORTS""; ""V. LESSONS AND CONCLUSION""; ""References"" |
Summary |
Uganda's market-friendly development strategy and poverty reduction agenda have attracted large financial inflows, including aid. During 2000-02, concerns about a possible aid-induced Dutch disease were heightened by widening macroeconomic imbalances and an upward trend in the real effective exchange rate (REER). This paper shows that the REER remained broadly stable during a 10-year period and nontraditional exports increased remarkably, contrary to the predictions of the Dutch disease model. Also, economic growth was strong. This good performance is attributed to sound macroeconomic policies and important structural reforms, which have allowed an increased use of available production factors |
Notes |
"September 2004." |
Bibliography |
Includes bibliographical references |
Notes |
At head of title: African Department |
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Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
Subject |
Poverty -- Uganda
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Economic assistance -- Uganda
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Economic development -- Uganda
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Foreign exchange rates -- Uganda
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Economic assistance
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Economic development
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Economic history
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Foreign exchange rates
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Poverty
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SUBJECT |
Uganda -- Economic conditions.
http://id.loc.gov/authorities/subjects/sh85139279
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Subject |
Uganda
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Form |
Electronic book
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Author |
International Monetary Fund. African Department, issuing body
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ISBN |
1282044362 |
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9781282044364 |
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9781451903706 |
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1451903707 |
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9781451858457 |
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1451858450 |
ISSN |
2227-8885 |
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