By Julius Businge New poll indicates majority of Ugandans happy with the economy but… A poll conducted in April this year by Research World International (RWI) in partnership with Monitor Publications Limited and Uganda Governance Platform paints a good picture about Uganda’s economy since 2011. The major objective of the …
Read More »Stagnation by design
By Joseph E. Stiglitz Austerity policies have made the downturn far deeper, longer, and with long-lasting consequences Soon after the global financial crisis erupted in 2008, I warned that unless the right policies were adopted, Japanese-style malaise – slow growth and near-stagnant incomes for years to come – could set …
Read More »8 bottlenecks to a sustainable economy
By Yoweri Kaguta Museveni Lack of democracy and peace, corruption and weak states interfere with the building of the economy As far as Uganda is concerned, you cannot build a robust and sustainably developing economy if you do not deal with the following eight bottlenecks: A human resource that is …
Read More »Economic expert speaks about Uganda’s economy for the new year, 2013
By Julius Businge Lawrence Bategeka, the acting principle and research fellow at the Economic Policy Research Centre at Makerere University has urged all players of the economy not to repeat the wrongs committed in the past year so we can have a better 2013. Bategeka told The Independent in an …
Read More »The rise of the attention economy
By Esther Dyson What will be the net economic value of people spending time attracting others’ attention by accumulating “likes”? I was recently posed the following question: “The most important way in which the Internet and online social media are changing our world is [fill in the blank].” My standard …
Read More »Mutebile tips on donor aid cuts, economy
By Julius Businge The Bank of Uganda Governor, Emmanuel Tumusiime Mutebile, has said that if donors go ahead and cut aid to Uganda, the country’s economic growth rate will reduce by about 0.7%. “That’s if they cut because we hear some have cut and others haven’t,” Mutebile told a press …
Read More »Museveni blames poor economy on Amin
By Sarah Namulondo President Yoweri Kaguta Museveni has blamed Uganda’s poor economy on Amin’s expulsion of Indians from Uganda. He said that characters like Idi Amin disturbed the relationship between Uganda and India. The president said if the Indians were not expelled Uganda’s economy would be very far with their …
Read More »Ganging up against liberalism
By Joseph Were Museveni’s schmoozing with Stiglitz bad news for Mutebile When President Yoweri Museveni spoke at this year’s Joseph Memorial lecture in Kampala of the desirability of a “hybrid” economy, he marked a retreat from the current free market regime to his mixed economy days of the 1980s. Time …
Read More »Economy on right track- IMF
By Haggai Matsiko Thomas Richardson, the Senior Resident Representative for the International Monetary Fund who is leaving Uganda for a new posting in India in July, tells The Independent’s Haggai Matsiko about macro-economic management, managing oil money, and the need for a new generation of leaders. How has your tenure …
Read More »To cure the economy
By Joseph E. Stiglitz The prescription for what ails the global economy follows directly from the diagnosis: strong government expenditures As the economic slump that began in 2007 persists, the question on everyone’s minds is obvious: Why? Unless we have a better understanding of the causes of the crisis, we …
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