Publication: An Assessment of the Investment Climate in Uganda
Loading...
Published
2009-04
ISSN
Date
2013-02-05
Author(s)
Editor(s)
Abstract
The goal of the Investment Climate Assessment (ICA) of Uganda is to evaluate the investment climate in Uganda in all its operational dimensions and to promote policies to strengthen the private sector and encourage broad-based economic growth. Sustained improvements in living standards depend on broad-based growth. Growth will only occur, however, if firms improve their productivity by investing in human and physical capital and by increasing their technological capacity. But firms will only do this when the investment climate is favorable. Throughout the report, Uganda's investment climate is compared to the investment climates of three groups of countries: 1) nearby countries in East Africa (Kenya, Tanzania, Rwanda and Burundi); 2) middle-income countries in Sub-Saharan Africa (SSA) that have successfully diversified out of primary production into other sectors (Mauritius, South Africa and Swaziland); and 3) several fast growing countries in East Asia that have also successfully diversified out of primary production into export-oriented manufacturing (China, Malaysia, and Thailand). Finally, infrastructure appears to be a more serious problem for microenterprises than for Small, Medium-sized or Large Enterprise (SMLEs). Although the differences in the number of outages and losses during transportation between registered microenterprises, unregistered microenterprises, and SMLEs were small and statistically insignificant, access does appear to be a more serious problem for microenterprises.
Link to Data Set
Citation
“World Bank. 2009. An Assessment of the Investment Climate in Uganda. © World Bank. http://hdl.handle.net/10986/12249 License: CC BY 3.0 IGO.”
Associated URLs
Associated content
Other publications in this report series
Journal
Journal Volume
Journal Issue
Collections
Related items
Showing items related by metadata.
Publication The Investment Climate in South Asia : Volume 2. Country Profiles(World Bank, Washington, DC, 2007-01)This report summarizes the findings of Investment Climate Assessments (ICAs) carried out for all countries in the South Asia region. It compares South Asian countries to countries in other regions, analyzes similarities and differences within the region, and identifies the way forward in improving the investment climate. The first volume analyzes similarities and differences within the region and between South Asia and the comparator countries. Chapter 1 assesses the investment climate in South Asia vis-a-vis a number of comparator countries. Chapter 2 analyzes the dimensions of the South Asian investment climate. Chapter 3 highlights the costs imposed by deficiencies in the investment climate. Chapter 4 reviews the policy recommendations proposed by the various lCA surveys for the different dimensions identified: infrastructure (power, transportation), factors of production (finance, labor market and skills, technology), regulatory burden and corruption, and risk and uncertainty (policy predictability, judicial reforms, security). The second volume provides the detailed and standardized country-specific data underpinning the analysis in Volume 1.Publication The Investment Climate in South Asia : Volume 1(World Bank, Washington, DC, 2006-09)This report summarizes the findings of Investment Climate Assessments (ICAs) carried out for all countries in the South Asia region. It compares South Asian countries to countries in other regions, analyzes similarities and differences within the region, and identifies the way forward in improving the investment climate. The first volume analyzes similarities and differences within the region and between South Asia and the comparator countries. Chapter 1 assesses the investment climate in South Asia vis-a-vis a number of comparator countries. Chapter 2 analyzes the dimensions of the South Asian investment climate. Chapter 3 highlights the costs imposed by deficiencies in the investment climate. Chapter 4 reviews the policy recommendations proposed by the various lCA surveys for the different dimensions identified: infrastructure (power, transportation), factors of production (finance, labor market and skills, technology), regulatory burden and corruption, and risk and uncertainty (policy predictability, judicial reforms, security). The second volume provides the detailed and standardized country-specific data underpinning the analysis in Volume 1.Publication Mongolia - Promoting Investment and Job Creation : An Investment Climate Assessment and Trade Integration Study(Washington, DC, 2007)The aim of this report is to identify a set of concrete steps that the government of Mongolia might take to promote private-sector activity and greater integration with the global economy in a way that leads to job creation, broad-based growth and most importantly, poverty reduction. It does this by combining an assessment of the investment climate faced by firms (through analyses of firm and household surveys and supply chains in selected sectors) with a diagnostic trade integration study. The report is structured as follows. The second chapter lays out the context and background and describes some recent trends that give some indications of where things stand. This is followed in the third and fourth chapters, which constitute the core of the report, by a detailed mapping of the main aspects of the business environment and the setting for trade. The focus in these chapters is on the aspects of the business environment that most need improvement, and on the barriers to trade integration that are the most severe. The fifth chapter lays out the basic diagnosis. The sixth and seventh chapters then outline what the analysis indicates as the most important steps that need to be taken to improve the business environment and facilitate trade integration.Publication Democratic Republic of Congo - The Potential for Growth : An Investment Climate Assessment(Washington, DC, 2008-05)The Democratic Republic of Congo (DRC) is the third most populous county in Sub Saharan Africa and has many natural advantages that would enable it to experience rapid sustained economic growth and rapid poverty alleviation. These include rich and diverse natural resources, such as mining and hydroelectric potential, abundant fertile land, and a large domestic market. The country is emerging from conflict and democratic election, and benefits from significant external capital inflows from export of commodities with surging prices and donor aid, as well as debt relief. Starting from a low base (with GDP per-capita in 2006 about 1/3 of where it was in 1980) an economic rebound would also be expected, and indeed is happening: current GDP growth is hovering around 6 percent. Nevertheless, this level of performance is insufficient to address poverty, with the Millennium Development Goals being mostly out of reach. Growth needs to be accelerated, shared better and sustained over the years to come. While certain countries have been unable to respond to such challenges, others, including Uganda in the 1990s and Mozambique now, have registered impressive results. DRC can also engage on a similar path. In order for sustained shared growth to be realized and for investments to materialize, Government needs to quickly implement a number of regulatory and policy reforms and to develop a more predictable policy environment. It also needs to make sure that all private sector entrepreneurs, not just those in certain sectors benefit from an enabling environment conducive to their activities.Publication Sierra Leone : Investment Climate Policy Note(Washington, DC, 2009-06)This Investment Climate Policy Note (ICPN) for Sierra Leone evaluates the country's business environment by: (i) analyzing barriers to private sector investment and growth and how they vary among different types of firms; (ii) benchmarking Sierra Leone's investment climate and firm performance to that of other countries; and (iii) providing recommendations to promote and strengthen the private sector. The ICPN is supported by the statistical analysis of a 2009 enterprise survey of 150 formal, manufacturing and service firms with five or more employees based in Western Area/Freetown and Kenema, two of Sierra Leone's major urban centers. The ICPN is organized as follows. Chapter one provides context for Sierra Leone's business environment. Chapter two discusses the performance of Sierra Leone firms, with a focus on labor productivity. Chapter three examines how investment climate constraints cost businesses money and time, discusses main bottlenecks to conducting business as identified by managers of Sierra Leone firms, and reviews obstacles related to electricity supply, tax rates, informality, corruption and access to land. Chapter four analyzes data on how firms access and use finance, and chapter five discusses exports and internationalization in Sierra Leone. Chapter six concludes and provides policy options to improve the investment climate.
Users also downloaded
Showing related downloaded files
Publication World Development Report 2006(Washington, DC, 2005)This year’s Word Development Report (WDR), the twenty-eighth, looks at the role of equity in the development process. It defines equity in terms of two basic principles. The first is equal opportunities: that a person’s chances in life should be determined by his or her talents and efforts, rather than by pre-determined circumstances such as race, gender, social or family background. The second principle is the avoidance of extreme deprivation in outcomes, particularly in health, education and consumption levels. This principle thus includes the objective of poverty reduction. The report’s main message is that, in the long run, the pursuit of equity and the pursuit of economic prosperity are complementary. In addition to detailed chapters exploring these and related issues, the Report contains selected data from the World Development Indicators 2005‹an appendix of economic and social data for over 200 countries. This Report offers practical insights for policymakers, executives, scholars, and all those with an interest in economic development.Publication Lebanon Economic Monitor, Fall 2022(Washington, DC, 2022-11)The economy continues to contract, albeit at a somewhat slower pace. Public finances improved in 2021, but only because spending collapsed faster than revenue generation. Testament to the continued atrophy of Lebanon’s economy, the Lebanese Pound continues to depreciate sharply. The sharp deterioration in the currency continues to drive surging inflation, in triple digits since July 2020, impacting the poor and vulnerable the most. An unprecedented institutional vacuum will likely further delay any agreement on crisis resolution and much needed reforms; this includes prior actions as part of the April 2022 International Monetary Fund (IMF) staff-level agreement (SLA). Divergent views among key stakeholders on how to distribute the financial losses remains the main bottleneck for reaching an agreement on a comprehensive reform agenda. Lebanon needs to urgently adopt a domestic, equitable, and comprehensive solution that is predicated on: (i) addressing upfront the balance sheet impairments, (ii) restoring liquidity, and (iii) adhering to sound global practices of bail-in solutions based on a hierarchy of creditors (starting with banks’ shareholders) that protects small depositors.Publication Classroom Assessment to Support Foundational Literacy(Washington, DC: World Bank, 2025-03-21)This document focuses primarily on how classroom assessment activities can measure students’ literacy skills as they progress along a learning trajectory towards reading fluently and with comprehension by the end of primary school grades. The document addresses considerations regarding the design and implementation of early grade reading classroom assessment, provides examples of assessment activities from a variety of countries and contexts, and discusses the importance of incorporating classroom assessment practices into teacher training and professional development opportunities for teachers. The structure of the document is as follows. The first section presents definitions and addresses basic questions on classroom assessment. Section 2 covers the intersection between assessment and early grade reading by discussing how learning assessment can measure early grade reading skills following the reading learning trajectory. Section 3 compares some of the most common early grade literacy assessment tools with respect to the early grade reading skills and developmental phases. Section 4 of the document addresses teacher training considerations in developing, scoring, and using early grade reading assessment. Additional issues in assessing reading skills in the classroom and using assessment results to improve teaching and learning are reviewed in section 5. Throughout the document, country cases are presented to demonstrate how assessment activities can be implemented in the classroom in different contexts.Publication Argentina Country Climate and Development Report(World Bank, Washington, DC, 2022-11)The Argentina Country Climate and Development Report (CCDR) explores opportunities and identifies trade-offs for aligning Argentina’s growth and poverty reduction policies with its commitments on, and its ability to withstand, climate change. It assesses how the country can: reduce its vulnerability to climate shocks through targeted public and private investments and adequation of social protection. The report also shows how Argentina can seize the benefits of a global decarbonization path to sustain a more robust economic growth through further development of Argentina’s potential for renewable energy, energy efficiency actions, the lithium value chain, as well as climate-smart agriculture (and land use) options. Given Argentina’s context, this CCDR focuses on win-win policies and investments, which have large co-benefits or can contribute to raising the country’s growth while helping to adapt the economy, also considering how human capital actions can accompany a just transition.Publication Morocco Economic Update, Winter 2025(Washington, DC: World Bank, 2025-04-03)Despite the drought causing a modest deceleration of overall GDP growth to 3.2 percent, the Moroccan economy has exhibited some encouraging trends in 2024. Non-agricultural growth has accelerated to an estimated 3.8 percent, driven by a revitalized industrial sector and a rebound in gross capital formation. Inflation has dropped below 1 percent, allowing Bank al-Maghrib to begin easing its monetary policy. While rural labor markets remain depressed, the economy has added close to 162,000 jobs in urban areas. Morocco’s external position remains strong overall, with a moderate current account deficit largely financed by growing foreign direct investment inflows, underpinned by solid investor confidence indicators. Despite significant spending pressures, the debt-to-GDP ratio is slowly declining.