A dynamic relationship between foreign aid and domestic fiscal variables in Uganda is analysed using a cointegrated vector autoregressive model over the period 1972-2008. Results show that aid is a significant element of long-run fiscal equilibrium, is associated with increased tax effort and...

This paper evaluates the impact on Uganda of the liberalisation of world trade, especially in agricultural commodities, as proposed in the Uruguay Round. We can draw three broad conclusions. First, the impact of multilateral liberalisation on a low-income country such as Uganda appears to be...