Uganda Country Economic Memorandum

The objective of the Ugandan government is to make Uganda an upper - middle income country within thirty years. Economic diversification is a key component of that strategy. The country economic memorandum (CEM) report discusses how the emergence of oil and mineral production can contribute to Uganda’s effort to promote economic diversification as a means to achieve sustainable and shared growth. Based on the lessons from international experience, the report outlines the elements of a development and diversification strategy, which the Ugandan government may wish to consider in the design of its macroeconomic, fiscal, and sectoral development policies. It then focuses on the set of policies required to maximize the benefits of a diversification strategy in an oil-producing country. Finally it describes a series of actions which the government should plan, and carry out to deal with a number of specific implementation issues. The first part of the report focuses on the importance of economic diversification for Uganda and on the prospects and challenges of oil and mineral development. It addresses the following three issues: (a) why diversification is important for economic development?; (b) where Uganda stands in that area and why it should give a new impetus to its diversification strategy?; and (c) what are the prospects, possible impact, and challenges associated to oil and mining development for Uganda’s economy?

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Bibliographic Details
Main Authors: World Bank, Government of Uganda
Format: Report biblioteca
Language:English
en_US
Published: World Bank, Kampala, Uganda 2015-06
Subjects:TARIFFS, FISH, GOVERNMENT EXPENDITURES, ECONOMIC GROWTH, RENEWABLE RESOURCES, ENVIRONMENTAL DAMAGES, ENVIRONMENTAL PROTECTION, MULTIPLIERS, PROVEN RESERVES, WASTE MANAGEMENT, SUSTAINABLE CONSUMPTION, DISPOSABLE INCOME, AGRICULTURAL PRODUCTION, EXPECTATIONS, MARGINAL COST, PRODUCERS, RESOURCE MANAGEMENT, PROPERTY RIGHTS, BALANCE OF PAYMENTS, FINANCIAL RESOURCES, TIMBER, LABOR FORCE, MARGINAL PRODUCT, POLITICAL ECONOMY, REVENUES, ENVIRONMENTAL ISSUES, INCENTIVES, EQUILIBRIUM, TAX SYSTEMS, MODELS, RETURNS TO SCALE, SUSTAINABLE DEVELOPMENT, AGRICULTURAL OUTPUT, DOMESTIC PRODUCTS, DEVELOPED COUNTRIES, AUDITS, ECONOMIC ACTIVITY, PRESENT VALUE, FISCAL POLICIES, CLIMATIC CONDITIONS, EXPLOITATION, OIL PRICES, ADEQUATE RESPONSE, LABOR COSTS, CROWDING OUT, OIL, GOVERNMENT REGULATIONS, NATURAL CAPITAL, POPULATION GROWTH, CAPITAL FORMATION, CONSTANT RETURNS TO SCALE, LABOR PRODUCTIVITY, OPTIONS, EXTERNALITIES, OPEC, DEBT, PRODUCTION TECHNOLOGY, POLLUTION, FORESTRY, ECONOMIC POLICIES, DIVIDENDS, PRICE SUBSIDIES, NATURAL RESOURCES, RATIONAL EXPECTATIONS, CRITICAL APPRAISAL, METALS, SUBSIDIES, EFFICIENCY, FISHING, TAXES, ACCESS TO INFORMATION, RESOURCES, UNEMPLOYMENT, EQUITY, ALTERNATIVE POLICIES, PRODUCTIVITY GROWTH, CONSUMPTION, ECONOMIC IMPACT, WAGES, VALUES, WAGE RIGIDITY, COMPLIANCE COSTS, MARKET PRICES, POLICY MAKERS, CREDIT, QUALITY STANDARDS, ENVIRONMENTAL IMPACTS, PURCHASING POWER, DIVISION OF LABOR, DEFORESTATION, DEMAND, CPI, SUSTAINABLE USE, MINES, NATIONAL INCOME, SUSTAINABLE GROWTH, AGGREGATE DEMAND, PUBLIC EXPENDITURES, INTERMEDIATE GOODS, EXPENDITURES, PROPERTY, DECISION MAKING, CORPORATE TAXES, TAX RATES, TRANSACTION COSTS, ENVIRONMENT, ECONOMICS, TERMS OF TRADE, SECURITIES, TAX REVENUE, CAPITAL GOODS, BUSINESS CYCLES, FISHERIES, ECONOMIC DEVELOPMENT, CARTELS, TRADE, LAND, ECONOMIES OF SCALE, COMPARATIVE ADVANTAGE, POSITIVE EXTERNALITIES, COAL, COMMODITY TAXES, OIL RESERVES, REVENUE, EMPIRICAL EVIDENCE, PRIVATE CONSUMPTION, RISK MANAGEMENT, LIVING CONDITIONS, MONOPOLISTIC COMPETITION, ECONOMISTS, TAX REFORM, INTERMEDIATE INPUTS, PROFITS, PRODUCTION PATTERNS, ENVIRONMENTAL, POLICY INSTRUMENTS, WETLANDS, PRICES, OIL SECTOR, ECONOMIC CONDITIONS, ECONOMIES, PUBLIC GOODS,
Online Access:http://documents.worldbank.org/curated/en/2015/06/25933496/uganda-country-economic-memorandum-economic-diversification-growth-era-oil-volatility-full-report
https://hdl.handle.net/10986/24789
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spelling dig-okr-10986247892024-08-07T20:04:08Z Uganda Country Economic Memorandum Economic Diversification and Growth in the Era of Oil and Volatility World Bank Government of Uganda TARIFFS FISH GOVERNMENT EXPENDITURES ECONOMIC GROWTH RENEWABLE RESOURCES ENVIRONMENTAL DAMAGES ENVIRONMENTAL PROTECTION MULTIPLIERS PROVEN RESERVES WASTE MANAGEMENT SUSTAINABLE CONSUMPTION DISPOSABLE INCOME AGRICULTURAL PRODUCTION EXPECTATIONS MARGINAL COST PRODUCERS RESOURCE MANAGEMENT PROPERTY RIGHTS BALANCE OF PAYMENTS FINANCIAL RESOURCES TIMBER LABOR FORCE MARGINAL PRODUCT POLITICAL ECONOMY REVENUES ENVIRONMENTAL ISSUES INCENTIVES EQUILIBRIUM TAX SYSTEMS MODELS RETURNS TO SCALE SUSTAINABLE DEVELOPMENT AGRICULTURAL OUTPUT DOMESTIC PRODUCTS DEVELOPED COUNTRIES AUDITS ECONOMIC ACTIVITY PRESENT VALUE FISCAL POLICIES CLIMATIC CONDITIONS EXPLOITATION OIL PRICES ADEQUATE RESPONSE LABOR COSTS CROWDING OUT OIL GOVERNMENT REGULATIONS NATURAL CAPITAL POPULATION GROWTH CAPITAL FORMATION CONSTANT RETURNS TO SCALE LABOR PRODUCTIVITY OPTIONS EXTERNALITIES OPEC DEBT PRODUCTION TECHNOLOGY POLLUTION FORESTRY ECONOMIC POLICIES DIVIDENDS PRICE SUBSIDIES NATURAL RESOURCES RATIONAL EXPECTATIONS CRITICAL APPRAISAL METALS SUBSIDIES EFFICIENCY FISHING TAXES ACCESS TO INFORMATION RESOURCES UNEMPLOYMENT EQUITY ALTERNATIVE POLICIES PRODUCTIVITY GROWTH CONSUMPTION ECONOMIC IMPACT WAGES VALUES WAGE RIGIDITY COMPLIANCE COSTS MARKET PRICES POLICY MAKERS CREDIT QUALITY STANDARDS ENVIRONMENTAL IMPACTS PURCHASING POWER DIVISION OF LABOR DEFORESTATION DEMAND CPI SUSTAINABLE USE MINES NATIONAL INCOME SUSTAINABLE GROWTH AGGREGATE DEMAND PUBLIC EXPENDITURES INTERMEDIATE GOODS EXPENDITURES PROPERTY DECISION MAKING CORPORATE TAXES TAX RATES TRANSACTION COSTS ENVIRONMENT ECONOMICS TERMS OF TRADE SECURITIES TAX REVENUE CAPITAL GOODS BUSINESS CYCLES FISHERIES ECONOMIC DEVELOPMENT CARTELS TRADE LAND ECONOMIES OF SCALE COMPARATIVE ADVANTAGE POSITIVE EXTERNALITIES COAL COMMODITY TAXES OIL RESERVES REVENUE EMPIRICAL EVIDENCE PRIVATE CONSUMPTION RISK MANAGEMENT LIVING CONDITIONS MONOPOLISTIC COMPETITION ECONOMISTS TAX REFORM INTERMEDIATE INPUTS PROFITS PRODUCTION PATTERNS ENVIRONMENTAL POLICY INSTRUMENTS WETLANDS PRICES OIL SECTOR ECONOMIC CONDITIONS ECONOMIES PUBLIC GOODS The objective of the Ugandan government is to make Uganda an upper - middle income country within thirty years. Economic diversification is a key component of that strategy. The country economic memorandum (CEM) report discusses how the emergence of oil and mineral production can contribute to Uganda’s effort to promote economic diversification as a means to achieve sustainable and shared growth. Based on the lessons from international experience, the report outlines the elements of a development and diversification strategy, which the Ugandan government may wish to consider in the design of its macroeconomic, fiscal, and sectoral development policies. It then focuses on the set of policies required to maximize the benefits of a diversification strategy in an oil-producing country. Finally it describes a series of actions which the government should plan, and carry out to deal with a number of specific implementation issues. The first part of the report focuses on the importance of economic diversification for Uganda and on the prospects and challenges of oil and mineral development. It addresses the following three issues: (a) why diversification is important for economic development?; (b) where Uganda stands in that area and why it should give a new impetus to its diversification strategy?; and (c) what are the prospects, possible impact, and challenges associated to oil and mining development for Uganda’s economy? 2016-08-03T21:55:30Z 2016-08-03T21:55:30Z 2015-06 Report Rapport Informe http://documents.worldbank.org/curated/en/2015/06/25933496/uganda-country-economic-memorandum-economic-diversification-growth-era-oil-volatility-full-report https://hdl.handle.net/10986/24789 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank application/pdf text/plain World Bank, Kampala, Uganda
institution Banco Mundial
collection DSpace
country Estados Unidos
countrycode US
component Bibliográfico
access En linea
databasecode dig-okr
tag biblioteca
region America del Norte
libraryname Biblioteca del Banco Mundial
language English
en_US
topic TARIFFS
FISH
GOVERNMENT EXPENDITURES
ECONOMIC GROWTH
RENEWABLE RESOURCES
ENVIRONMENTAL DAMAGES
ENVIRONMENTAL PROTECTION
MULTIPLIERS
PROVEN RESERVES
WASTE MANAGEMENT
SUSTAINABLE CONSUMPTION
DISPOSABLE INCOME
AGRICULTURAL PRODUCTION
EXPECTATIONS
MARGINAL COST
PRODUCERS
RESOURCE MANAGEMENT
PROPERTY RIGHTS
BALANCE OF PAYMENTS
FINANCIAL RESOURCES
TIMBER
LABOR FORCE
MARGINAL PRODUCT
POLITICAL ECONOMY
REVENUES
ENVIRONMENTAL ISSUES
INCENTIVES
EQUILIBRIUM
TAX SYSTEMS
MODELS
RETURNS TO SCALE
SUSTAINABLE DEVELOPMENT
AGRICULTURAL OUTPUT
DOMESTIC PRODUCTS
DEVELOPED COUNTRIES
AUDITS
ECONOMIC ACTIVITY
PRESENT VALUE
FISCAL POLICIES
CLIMATIC CONDITIONS
EXPLOITATION
OIL PRICES
ADEQUATE RESPONSE
LABOR COSTS
CROWDING OUT
OIL
GOVERNMENT REGULATIONS
NATURAL CAPITAL
POPULATION GROWTH
CAPITAL FORMATION
CONSTANT RETURNS TO SCALE
LABOR PRODUCTIVITY
OPTIONS
EXTERNALITIES
OPEC
DEBT
PRODUCTION TECHNOLOGY
POLLUTION
FORESTRY
ECONOMIC POLICIES
DIVIDENDS
PRICE SUBSIDIES
NATURAL RESOURCES
RATIONAL EXPECTATIONS
CRITICAL APPRAISAL
METALS
SUBSIDIES
EFFICIENCY
FISHING
TAXES
ACCESS TO INFORMATION
RESOURCES
UNEMPLOYMENT
EQUITY
ALTERNATIVE POLICIES
PRODUCTIVITY GROWTH
CONSUMPTION
ECONOMIC IMPACT
WAGES
VALUES
WAGE RIGIDITY
COMPLIANCE COSTS
MARKET PRICES
POLICY MAKERS
CREDIT
QUALITY STANDARDS
ENVIRONMENTAL IMPACTS
PURCHASING POWER
DIVISION OF LABOR
DEFORESTATION
DEMAND
CPI
SUSTAINABLE USE
MINES
NATIONAL INCOME
SUSTAINABLE GROWTH
AGGREGATE DEMAND
PUBLIC EXPENDITURES
INTERMEDIATE GOODS
EXPENDITURES
PROPERTY
DECISION MAKING
CORPORATE TAXES
TAX RATES
TRANSACTION COSTS
ENVIRONMENT
ECONOMICS
TERMS OF TRADE
SECURITIES
TAX REVENUE
CAPITAL GOODS
BUSINESS CYCLES
FISHERIES
ECONOMIC DEVELOPMENT
CARTELS
TRADE
LAND
ECONOMIES OF SCALE
COMPARATIVE ADVANTAGE
POSITIVE EXTERNALITIES
COAL
COMMODITY TAXES
OIL RESERVES
REVENUE
EMPIRICAL EVIDENCE
PRIVATE CONSUMPTION
RISK MANAGEMENT
LIVING CONDITIONS
MONOPOLISTIC COMPETITION
ECONOMISTS
TAX REFORM
INTERMEDIATE INPUTS
PROFITS
PRODUCTION PATTERNS
ENVIRONMENTAL
POLICY INSTRUMENTS
WETLANDS
PRICES
OIL SECTOR
ECONOMIC CONDITIONS
ECONOMIES
PUBLIC GOODS
TARIFFS
FISH
GOVERNMENT EXPENDITURES
ECONOMIC GROWTH
RENEWABLE RESOURCES
ENVIRONMENTAL DAMAGES
ENVIRONMENTAL PROTECTION
MULTIPLIERS
PROVEN RESERVES
WASTE MANAGEMENT
SUSTAINABLE CONSUMPTION
DISPOSABLE INCOME
AGRICULTURAL PRODUCTION
EXPECTATIONS
MARGINAL COST
PRODUCERS
RESOURCE MANAGEMENT
PROPERTY RIGHTS
BALANCE OF PAYMENTS
FINANCIAL RESOURCES
TIMBER
LABOR FORCE
MARGINAL PRODUCT
POLITICAL ECONOMY
REVENUES
ENVIRONMENTAL ISSUES
INCENTIVES
EQUILIBRIUM
TAX SYSTEMS
MODELS
RETURNS TO SCALE
SUSTAINABLE DEVELOPMENT
AGRICULTURAL OUTPUT
DOMESTIC PRODUCTS
DEVELOPED COUNTRIES
AUDITS
ECONOMIC ACTIVITY
PRESENT VALUE
FISCAL POLICIES
CLIMATIC CONDITIONS
EXPLOITATION
OIL PRICES
ADEQUATE RESPONSE
LABOR COSTS
CROWDING OUT
OIL
GOVERNMENT REGULATIONS
NATURAL CAPITAL
POPULATION GROWTH
CAPITAL FORMATION
CONSTANT RETURNS TO SCALE
LABOR PRODUCTIVITY
OPTIONS
EXTERNALITIES
OPEC
DEBT
PRODUCTION TECHNOLOGY
POLLUTION
FORESTRY
ECONOMIC POLICIES
DIVIDENDS
PRICE SUBSIDIES
NATURAL RESOURCES
RATIONAL EXPECTATIONS
CRITICAL APPRAISAL
METALS
SUBSIDIES
EFFICIENCY
FISHING
TAXES
ACCESS TO INFORMATION
RESOURCES
UNEMPLOYMENT
EQUITY
ALTERNATIVE POLICIES
PRODUCTIVITY GROWTH
CONSUMPTION
ECONOMIC IMPACT
WAGES
VALUES
WAGE RIGIDITY
COMPLIANCE COSTS
MARKET PRICES
POLICY MAKERS
CREDIT
QUALITY STANDARDS
ENVIRONMENTAL IMPACTS
PURCHASING POWER
DIVISION OF LABOR
DEFORESTATION
DEMAND
CPI
SUSTAINABLE USE
MINES
NATIONAL INCOME
SUSTAINABLE GROWTH
AGGREGATE DEMAND
PUBLIC EXPENDITURES
INTERMEDIATE GOODS
EXPENDITURES
PROPERTY
DECISION MAKING
CORPORATE TAXES
TAX RATES
TRANSACTION COSTS
ENVIRONMENT
ECONOMICS
TERMS OF TRADE
SECURITIES
TAX REVENUE
CAPITAL GOODS
BUSINESS CYCLES
FISHERIES
ECONOMIC DEVELOPMENT
CARTELS
TRADE
LAND
ECONOMIES OF SCALE
COMPARATIVE ADVANTAGE
POSITIVE EXTERNALITIES
COAL
COMMODITY TAXES
OIL RESERVES
REVENUE
EMPIRICAL EVIDENCE
PRIVATE CONSUMPTION
RISK MANAGEMENT
LIVING CONDITIONS
MONOPOLISTIC COMPETITION
ECONOMISTS
TAX REFORM
INTERMEDIATE INPUTS
PROFITS
PRODUCTION PATTERNS
ENVIRONMENTAL
POLICY INSTRUMENTS
WETLANDS
PRICES
OIL SECTOR
ECONOMIC CONDITIONS
ECONOMIES
PUBLIC GOODS
spellingShingle TARIFFS
FISH
GOVERNMENT EXPENDITURES
ECONOMIC GROWTH
RENEWABLE RESOURCES
ENVIRONMENTAL DAMAGES
ENVIRONMENTAL PROTECTION
MULTIPLIERS
PROVEN RESERVES
WASTE MANAGEMENT
SUSTAINABLE CONSUMPTION
DISPOSABLE INCOME
AGRICULTURAL PRODUCTION
EXPECTATIONS
MARGINAL COST
PRODUCERS
RESOURCE MANAGEMENT
PROPERTY RIGHTS
BALANCE OF PAYMENTS
FINANCIAL RESOURCES
TIMBER
LABOR FORCE
MARGINAL PRODUCT
POLITICAL ECONOMY
REVENUES
ENVIRONMENTAL ISSUES
INCENTIVES
EQUILIBRIUM
TAX SYSTEMS
MODELS
RETURNS TO SCALE
SUSTAINABLE DEVELOPMENT
AGRICULTURAL OUTPUT
DOMESTIC PRODUCTS
DEVELOPED COUNTRIES
AUDITS
ECONOMIC ACTIVITY
PRESENT VALUE
FISCAL POLICIES
CLIMATIC CONDITIONS
EXPLOITATION
OIL PRICES
ADEQUATE RESPONSE
LABOR COSTS
CROWDING OUT
OIL
GOVERNMENT REGULATIONS
NATURAL CAPITAL
POPULATION GROWTH
CAPITAL FORMATION
CONSTANT RETURNS TO SCALE
LABOR PRODUCTIVITY
OPTIONS
EXTERNALITIES
OPEC
DEBT
PRODUCTION TECHNOLOGY
POLLUTION
FORESTRY
ECONOMIC POLICIES
DIVIDENDS
PRICE SUBSIDIES
NATURAL RESOURCES
RATIONAL EXPECTATIONS
CRITICAL APPRAISAL
METALS
SUBSIDIES
EFFICIENCY
FISHING
TAXES
ACCESS TO INFORMATION
RESOURCES
UNEMPLOYMENT
EQUITY
ALTERNATIVE POLICIES
PRODUCTIVITY GROWTH
CONSUMPTION
ECONOMIC IMPACT
WAGES
VALUES
WAGE RIGIDITY
COMPLIANCE COSTS
MARKET PRICES
POLICY MAKERS
CREDIT
QUALITY STANDARDS
ENVIRONMENTAL IMPACTS
PURCHASING POWER
DIVISION OF LABOR
DEFORESTATION
DEMAND
CPI
SUSTAINABLE USE
MINES
NATIONAL INCOME
SUSTAINABLE GROWTH
AGGREGATE DEMAND
PUBLIC EXPENDITURES
INTERMEDIATE GOODS
EXPENDITURES
PROPERTY
DECISION MAKING
CORPORATE TAXES
TAX RATES
TRANSACTION COSTS
ENVIRONMENT
ECONOMICS
TERMS OF TRADE
SECURITIES
TAX REVENUE
CAPITAL GOODS
BUSINESS CYCLES
FISHERIES
ECONOMIC DEVELOPMENT
CARTELS
TRADE
LAND
ECONOMIES OF SCALE
COMPARATIVE ADVANTAGE
POSITIVE EXTERNALITIES
COAL
COMMODITY TAXES
OIL RESERVES
REVENUE
EMPIRICAL EVIDENCE
PRIVATE CONSUMPTION
RISK MANAGEMENT
LIVING CONDITIONS
MONOPOLISTIC COMPETITION
ECONOMISTS
TAX REFORM
INTERMEDIATE INPUTS
PROFITS
PRODUCTION PATTERNS
ENVIRONMENTAL
POLICY INSTRUMENTS
WETLANDS
PRICES
OIL SECTOR
ECONOMIC CONDITIONS
ECONOMIES
PUBLIC GOODS
TARIFFS
FISH
GOVERNMENT EXPENDITURES
ECONOMIC GROWTH
RENEWABLE RESOURCES
ENVIRONMENTAL DAMAGES
ENVIRONMENTAL PROTECTION
MULTIPLIERS
PROVEN RESERVES
WASTE MANAGEMENT
SUSTAINABLE CONSUMPTION
DISPOSABLE INCOME
AGRICULTURAL PRODUCTION
EXPECTATIONS
MARGINAL COST
PRODUCERS
RESOURCE MANAGEMENT
PROPERTY RIGHTS
BALANCE OF PAYMENTS
FINANCIAL RESOURCES
TIMBER
LABOR FORCE
MARGINAL PRODUCT
POLITICAL ECONOMY
REVENUES
ENVIRONMENTAL ISSUES
INCENTIVES
EQUILIBRIUM
TAX SYSTEMS
MODELS
RETURNS TO SCALE
SUSTAINABLE DEVELOPMENT
AGRICULTURAL OUTPUT
DOMESTIC PRODUCTS
DEVELOPED COUNTRIES
AUDITS
ECONOMIC ACTIVITY
PRESENT VALUE
FISCAL POLICIES
CLIMATIC CONDITIONS
EXPLOITATION
OIL PRICES
ADEQUATE RESPONSE
LABOR COSTS
CROWDING OUT
OIL
GOVERNMENT REGULATIONS
NATURAL CAPITAL
POPULATION GROWTH
CAPITAL FORMATION
CONSTANT RETURNS TO SCALE
LABOR PRODUCTIVITY
OPTIONS
EXTERNALITIES
OPEC
DEBT
PRODUCTION TECHNOLOGY
POLLUTION
FORESTRY
ECONOMIC POLICIES
DIVIDENDS
PRICE SUBSIDIES
NATURAL RESOURCES
RATIONAL EXPECTATIONS
CRITICAL APPRAISAL
METALS
SUBSIDIES
EFFICIENCY
FISHING
TAXES
ACCESS TO INFORMATION
RESOURCES
UNEMPLOYMENT
EQUITY
ALTERNATIVE POLICIES
PRODUCTIVITY GROWTH
CONSUMPTION
ECONOMIC IMPACT
WAGES
VALUES
WAGE RIGIDITY
COMPLIANCE COSTS
MARKET PRICES
POLICY MAKERS
CREDIT
QUALITY STANDARDS
ENVIRONMENTAL IMPACTS
PURCHASING POWER
DIVISION OF LABOR
DEFORESTATION
DEMAND
CPI
SUSTAINABLE USE
MINES
NATIONAL INCOME
SUSTAINABLE GROWTH
AGGREGATE DEMAND
PUBLIC EXPENDITURES
INTERMEDIATE GOODS
EXPENDITURES
PROPERTY
DECISION MAKING
CORPORATE TAXES
TAX RATES
TRANSACTION COSTS
ENVIRONMENT
ECONOMICS
TERMS OF TRADE
SECURITIES
TAX REVENUE
CAPITAL GOODS
BUSINESS CYCLES
FISHERIES
ECONOMIC DEVELOPMENT
CARTELS
TRADE
LAND
ECONOMIES OF SCALE
COMPARATIVE ADVANTAGE
POSITIVE EXTERNALITIES
COAL
COMMODITY TAXES
OIL RESERVES
REVENUE
EMPIRICAL EVIDENCE
PRIVATE CONSUMPTION
RISK MANAGEMENT
LIVING CONDITIONS
MONOPOLISTIC COMPETITION
ECONOMISTS
TAX REFORM
INTERMEDIATE INPUTS
PROFITS
PRODUCTION PATTERNS
ENVIRONMENTAL
POLICY INSTRUMENTS
WETLANDS
PRICES
OIL SECTOR
ECONOMIC CONDITIONS
ECONOMIES
PUBLIC GOODS
World Bank
Government of Uganda
Uganda Country Economic Memorandum
description The objective of the Ugandan government is to make Uganda an upper - middle income country within thirty years. Economic diversification is a key component of that strategy. The country economic memorandum (CEM) report discusses how the emergence of oil and mineral production can contribute to Uganda’s effort to promote economic diversification as a means to achieve sustainable and shared growth. Based on the lessons from international experience, the report outlines the elements of a development and diversification strategy, which the Ugandan government may wish to consider in the design of its macroeconomic, fiscal, and sectoral development policies. It then focuses on the set of policies required to maximize the benefits of a diversification strategy in an oil-producing country. Finally it describes a series of actions which the government should plan, and carry out to deal with a number of specific implementation issues. The first part of the report focuses on the importance of economic diversification for Uganda and on the prospects and challenges of oil and mineral development. It addresses the following three issues: (a) why diversification is important for economic development?; (b) where Uganda stands in that area and why it should give a new impetus to its diversification strategy?; and (c) what are the prospects, possible impact, and challenges associated to oil and mining development for Uganda’s economy?
format Report
topic_facet TARIFFS
FISH
GOVERNMENT EXPENDITURES
ECONOMIC GROWTH
RENEWABLE RESOURCES
ENVIRONMENTAL DAMAGES
ENVIRONMENTAL PROTECTION
MULTIPLIERS
PROVEN RESERVES
WASTE MANAGEMENT
SUSTAINABLE CONSUMPTION
DISPOSABLE INCOME
AGRICULTURAL PRODUCTION
EXPECTATIONS
MARGINAL COST
PRODUCERS
RESOURCE MANAGEMENT
PROPERTY RIGHTS
BALANCE OF PAYMENTS
FINANCIAL RESOURCES
TIMBER
LABOR FORCE
MARGINAL PRODUCT
POLITICAL ECONOMY
REVENUES
ENVIRONMENTAL ISSUES
INCENTIVES
EQUILIBRIUM
TAX SYSTEMS
MODELS
RETURNS TO SCALE
SUSTAINABLE DEVELOPMENT
AGRICULTURAL OUTPUT
DOMESTIC PRODUCTS
DEVELOPED COUNTRIES
AUDITS
ECONOMIC ACTIVITY
PRESENT VALUE
FISCAL POLICIES
CLIMATIC CONDITIONS
EXPLOITATION
OIL PRICES
ADEQUATE RESPONSE
LABOR COSTS
CROWDING OUT
OIL
GOVERNMENT REGULATIONS
NATURAL CAPITAL
POPULATION GROWTH
CAPITAL FORMATION
CONSTANT RETURNS TO SCALE
LABOR PRODUCTIVITY
OPTIONS
EXTERNALITIES
OPEC
DEBT
PRODUCTION TECHNOLOGY
POLLUTION
FORESTRY
ECONOMIC POLICIES
DIVIDENDS
PRICE SUBSIDIES
NATURAL RESOURCES
RATIONAL EXPECTATIONS
CRITICAL APPRAISAL
METALS
SUBSIDIES
EFFICIENCY
FISHING
TAXES
ACCESS TO INFORMATION
RESOURCES
UNEMPLOYMENT
EQUITY
ALTERNATIVE POLICIES
PRODUCTIVITY GROWTH
CONSUMPTION
ECONOMIC IMPACT
WAGES
VALUES
WAGE RIGIDITY
COMPLIANCE COSTS
MARKET PRICES
POLICY MAKERS
CREDIT
QUALITY STANDARDS
ENVIRONMENTAL IMPACTS
PURCHASING POWER
DIVISION OF LABOR
DEFORESTATION
DEMAND
CPI
SUSTAINABLE USE
MINES
NATIONAL INCOME
SUSTAINABLE GROWTH
AGGREGATE DEMAND
PUBLIC EXPENDITURES
INTERMEDIATE GOODS
EXPENDITURES
PROPERTY
DECISION MAKING
CORPORATE TAXES
TAX RATES
TRANSACTION COSTS
ENVIRONMENT
ECONOMICS
TERMS OF TRADE
SECURITIES
TAX REVENUE
CAPITAL GOODS
BUSINESS CYCLES
FISHERIES
ECONOMIC DEVELOPMENT
CARTELS
TRADE
LAND
ECONOMIES OF SCALE
COMPARATIVE ADVANTAGE
POSITIVE EXTERNALITIES
COAL
COMMODITY TAXES
OIL RESERVES
REVENUE
EMPIRICAL EVIDENCE
PRIVATE CONSUMPTION
RISK MANAGEMENT
LIVING CONDITIONS
MONOPOLISTIC COMPETITION
ECONOMISTS
TAX REFORM
INTERMEDIATE INPUTS
PROFITS
PRODUCTION PATTERNS
ENVIRONMENTAL
POLICY INSTRUMENTS
WETLANDS
PRICES
OIL SECTOR
ECONOMIC CONDITIONS
ECONOMIES
PUBLIC GOODS
author World Bank
Government of Uganda
author_facet World Bank
Government of Uganda
author_sort World Bank
title Uganda Country Economic Memorandum
title_short Uganda Country Economic Memorandum
title_full Uganda Country Economic Memorandum
title_fullStr Uganda Country Economic Memorandum
title_full_unstemmed Uganda Country Economic Memorandum
title_sort uganda country economic memorandum
publisher World Bank, Kampala, Uganda
publishDate 2015-06
url http://documents.worldbank.org/curated/en/2015/06/25933496/uganda-country-economic-memorandum-economic-diversification-growth-era-oil-volatility-full-report
https://hdl.handle.net/10986/24789
work_keys_str_mv AT worldbank ugandacountryeconomicmemorandum
AT governmentofuganda ugandacountryeconomicmemorandum
AT worldbank economicdiversificationandgrowthintheeraofoilandvolatility
AT governmentofuganda economicdiversificationandgrowthintheeraofoilandvolatility
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