Publication:
Growth, Trade, and Transformation: A Country Economic Memorandum for Uganda

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dc.contributor.authorWorld Bank
dc.date.accessioned2024-05-07T18:51:14Z
dc.date.available2024-05-07T18:51:14Z
dc.date.issued2022-12-31
dc.description.abstractUganda has made significant progress in the last three decades; most importantly, Ugandans now live much longer and better lives than before. Since 1990, the life expectancy of a Ugandan baby has increased by almost half, from 43.8 years to 63.4 years. This progress was driven by rapid economic growth and enabled by good policies and favorable conditions. Between 2000 and 2011, Uganda’s real GDP grew by an impressive average of 7.9 percent annually. Since 2011, however, growth has slowed down, exposing major economic fault lines in the long run. To support Uganda’s search for new growth, this report analyzes: (i) Uganda’s structural transformation, (ii) the role of international trade, and (iii) future opportunities. The analysis first considers the drivers of economic growth in Uganda, with a special emphasis on structural transformation - that is, the reallocation of labor towards more productive activities. The analysis shows that, for Uganda, where nearly two thirds of the workforce is occupied in agriculture, which produces less than a quarter of the GDP, a more productive employment of labor would inevitably become a central element of a future growth strategy. Next, the analysis turns to analyzing the role of international trade in promoting such transformation. For many economies that suffer from small domestic markets and distortions, trade can help allocate productive factors to more efficient uses. Finally, the report takes a forward-looking approach to explore future opportunities and policies in Uganda, focusing specifically on five key areas: regional integration and trade, hydrocarbons, tourism, digital transformation, and climate change and the environment.en
dc.identifierhttp://documents.worldbank.org/curated/en/099350101122340031/P1748881fb923f01e1988311c26b55e05f1
dc.identifier.doi10.1596/41517
dc.identifier.urihttps://hdl.handle.net/10986/41517
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectINTERNATIONAL TRADE
dc.subjectAGRICLUTURE
dc.subjectTOURISM
dc.subjectDIGITAL TRANSFORMATION
dc.subjectHYDROCARBONS
dc.subjectSDG 8
dc.titleGrowth, Trade, and Transformationen
dc.title.subtitleA Country Economic Memorandum for Ugandaen
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleGrowth, Trade, and Transformation: A Country Economic Memorandum for Uganda
okr.date.disclosure2024-05-02
okr.date.lastmodified2024-05-02T00:00:00Zen
okr.doctypeCountry Economic Memorandum
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/099350101122340031/P1748881fb923f01e1988311c26b55e05f1
okr.guid099350101122340031
okr.identifier.docmidP174888-fb923f5a-e93b-4a1e-9883-1c26b55e05f1
okr.identifier.doihttps://doi.org/10.1596/41517
okr.identifier.externaldocumentum33977786
okr.identifier.internaldocumentum33977786
okr.identifier.report179349
okr.import.id4098
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099350101122340031/pdf/P1748881fb923f01e1988311c26b55e05f1.pdfen
okr.region.administrativeAfrica Eastern and Southern (AFE)
okr.region.countryUganda
okr.sectorPublic Administration - Industry, Trade and Services,Central Government (Central Agencies)
okr.themeInclusive Growth,Participation and Civic Engagement,Job Creation,Trade Facilitation,ICT,Economic Policy,ICT Solutions,Social Development and Protection,Economic Growth and Planning,Private Sector Development,Jobs,Trade,Social Inclusion,Structural Transformation and Economic Diversification
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.unitEFI-AFR1-MTI-MacroFiscal-1 (EAEM1)
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