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Beyond Macroeconomic Stability: The Quest for Industrialization in Uganda

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  • Mr. Abebe Aemro Selassie

Abstract

Uganda has registered one of the most impressive economic turnarounds of recent decades. The amelioration of conflict and wide ranging economic reforms kick-started rapid economic growth that has now been sustained for some 20 years. But there is a strong sense in policy making circles that despite macroeconomic stability and reasonably well functioning markets, economic growth has not translated into significant structural transformation. This paper considers (i) Uganda's record of economic transformation relative to the high growth Asian countries and (ii) the contending explanations as to why more transformation and higher growth has proved elusive.

Suggested Citation

  • Mr. Abebe Aemro Selassie, 2008. "Beyond Macroeconomic Stability: The Quest for Industrialization in Uganda," IMF Working Papers 2008/231, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2008/231
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    Citations

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    Cited by:

    1. Ms. Catherine McAuliffe & Ms. Sweta Chaman Saxena & Mr. Masafumi Yabara, 2012. "The East African Community: Prospects for Sustained Growth," IMF Working Papers 2012/272, International Monetary Fund.
    2. Jean-François Arvis & Robin Carruthers & Graham Smith & Christopher Willoughby, 2011. "Connecting Landlocked Developing Countries to Markets : Trade Corridors in the 21st Century," World Bank Publications - Books, The World Bank Group, number 2286.
    3. Joseph Mawejje & Nicholas M. Odhiambo, 2021. "Uganda's fiscal policy reforms: What have we learned?," Public Budgeting & Finance, Wiley Blackwell, vol. 41(2), pages 89-107, June.
    4. Hickey, Sam, 2013. "Beyond the Poverty Agenda? Insights from the New Politics of Development in Uganda," World Development, Elsevier, vol. 43(C), pages 194-206.
    5. Frederick Golooba-Mutebi & Sam Hickey, 2013. "Investigating the links between political settlements and inclusive development in Uganda: towards a research agenda," Global Development Institute Working Paper Series esid-020-13, GDI, The University of Manchester.
    6. Mr. Montfort Mlachila & Mr. Tidiane Kinda, 2011. "The Quest for Higher Growth in the WAEMU Region: The Role of Accelerations and Decelerations," IMF Working Papers 2011/174, International Monetary Fund.

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