Uganda: Selected Issues
Electronic Access:
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Summary:
This Selected Issues paper on Uganda discusses the progress toward harmonization of capital account regulations and capital market integration. A unified East African Community financial market would offer several benefits to the regional economy. It would expand the opportunities for savings and investment financing, encourage more competition among banks and financial institutions, and lower transaction costs through economies of scale. Greater diversification, risk management, and consumption smoothing would also be possible in a broader financial market, while monetary union would eliminate exchange rate risk within the region.
Series:
Country Report No. 2009/037
Subject:
Balance of payments Capital account Capital account liberalization Capital markets Financial markets Foreign exchange Stock markets
English
Publication Date:
February 3, 2009
ISBN/ISSN:
9781451838862/1934-7685
Stock No:
1UGAEA2009001
Pages:
33
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