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...

Comprehensively explores the complex relationships between trade and economic performance in developing countries, illustrating that it is not trade per se that is important but the context, at the firm, country and regional level, in which trade occurs

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...