CONSTRAINTS TO THE DEVELOPMENT AND DIVERSIFICATION OF NONTRADITIONAL EXPORTS IN UGANDA, 1981-90
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Date
1994-11
Authors
SSEMOGERERE, G. N.
KASEKENDE, L. A.
Journal Title
Journal ISSN
Volume Title
Publisher
AERC
Abstract
The foreign exchange cash-flow of Uganda has reached a crisis. Expenditure
requiring foreign exchange is on the increase as the economy grows, while
foreign exchange receipts have dwindled over the past four years from about
US$400 million to a cash flow position of about US$100 million.
This study investigates the constraints which prevent exports receipts
from increasing in response to the exchange rate reforms since 1981.
The first conclusion drawn from this study is that exchange rate policies,
unless pursued within a consistent macroeconomic stabilization framework,
cannot enlist a significant response from exports producers.
Second, it is clear that other constraints encompassing institutional
reforms and infrastructural reconstruction must also be addressed before a
the country can develop a dynamic comparative advantage.
Description
HF 1612.6 .S67 1994
Keywords
Foreign trade promotion - Uganda , Exports - Uganda , Uganda - Commercial Policy