Uganda has had formal trade ties with Europe since 1973 when, together with several other commonwealth countries, it signed the Lomé Convention. However, trade relations between Europe and Africa started much earlier, in 1957, at first covering 18 francophone countries and six European...

Uganda's export sector has experienced tremendous growth over the last two decades...

Using the WITS-SMART simulation model, this paper provides insights on the effects of the East African Community Customs Union principle of asymmetry on Uganda with regard to trade, welfare and revenue effects since 2005. The end to the phased tariff reduction on category B products (these...

This paper analyses the impact of the global economic and financial crisis on Uganda notably on macro-economic aggregates, sectoral output and household welfare, and the potential role of fiscal policy and reform in mitigating the impacts. We find that second round effects from a reduction in...

The current wave of volatile international oil process coupled with the low hydro-energy generation continues to exert negative impacts on the Ugandan economy. This paper analyzes the extent to which changes in energy prices affect the economy and examines policy options that can be undertaken...

The paper presents an empirical analysis of money demand in Uganda over the period 1986:1-2003:4. Two definition of money were used and tests for co-integration between the monetary aggregates and real money balance were carried out. The empirical results show that income is positively related...

It has been argues that increased aid causes Dutch disease as a result of appreciation of the exchange rate which reduces the competitiveness of the country's exports. In this paper, we argue that if the aid is used productively, there are both short and long term gains. Applying a recursive...

The reforms in the services sector have seen tremendous growth in the sector’s contribution of GDP across all economies around the world. In Uganda, the share of services to total GDP is more than half in nominal terms. In this regard, with deeper regional integration among East African...

The paper examines the comparative advantage of Uganda’s exports to the East African Community (EAC) partner states, and how it has evolved during the implementation of the EAC treaty. In addition, the paper seeks to identify commodities that Uganda should specialize in as a basis to enhance...

The realization of a successful monetary union among EAC partner states depends upon a sufficient degree of convergence of partners economies to established criteria. Gathering but scattered research has begun assessing the various benchmarks for this characteristic. This work integrates and...