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In low-income, capital-scarce economies that face financial and fiscal constraints, managing revenues from newly found natural resources can be a daunting challenge. The policy debate is how to scale up public investment to meet huge needs in infrastructure without generating a higher public...
Persistent link: https://www.econbiz.de/10012246570
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Violent conflict is common among the poorest countries and clearly one of the most important barriers to growth, destroying physical, human, and social capital, often in the long run. At the same time, it is a development `trap' that is not easy to escape from as poverty has also been found to...
Persistent link: https://www.econbiz.de/10011343806
In low-income, capital-scarce economies that face financial and fiscal constraints, managing revenues from newly found natural resources can be a daunting challenge. The policy debate is how to scale up public investment to meet huge needs in infrastructure without generating a higher public...
Persistent link: https://www.econbiz.de/10012967084
In 2009, commercially exploitable reserves of oil were found in the Albertine Lakes Basin in Uganda. Along with a … number of new oil exporters, Uganda now faces the challenge of using the new resources to advance its development agenda … Uganda’s already deteriorating governance and mounting corruption raise questions about its capacity to wisely invest the oil …
Persistent link: https://www.econbiz.de/10014178693
in the international price of coffee for Uganda's economy. Evidence is found for a small effect on both medium …
Persistent link: https://www.econbiz.de/10014183126
with data covering 30 resource-rich countries over 1992-2012. It also discusses policy implications for Uganda, a country … light of Uganda's forthcoming exploitation of its oil, the odds of avoiding the crowding out of non-resource revenues are … government effectiveness. Currently, these indicators stand very low for Uganda as compared with Botswana …
Persistent link: https://www.econbiz.de/10014121590
Contemporary policy debates on the macroeconomics of aid often concentrate on short-run Dutch disease effects, ignoring the possible supply-side impact of aid financed public expenditure. In the simple model of aid and public expenditure presented here, public infrastructure generates an...
Persistent link: https://www.econbiz.de/10012564098
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