Uganda: Selected Issues and Statistical Appendix
May 31, 2005
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This Selected Issues paper analyzes the underlying sources of growth in Uganda, suggesting that the contribution to growth from total factor productivity has been minor, while the high population growth poses a significant challenge to sustain a rapid improvement in living standards. The paper takes a closer look at the monetary transmission mechanisms in Uganda, aimed at assessing the appropriate choice of intermediate target and mix of liquidity sterilization instruments. It also focuses on the recent financial sector reforms undertaken by the government.
Subject: Commercial banks, Exchange rates, Financial institutions, Inflation, Prices, Production, Production growth, Productivity, Total factor productivity
Keywords: asset quality, bank, capital base, Commercial banks, CR, exchange rate appreciation, financing cost, forecast inflation, growth prospect, high-productivity sector, Inflation, interest rate spread, ISCR, lending market, low-productivity sector, price objective, Production growth, Productivity, risk portfolio, sterilization operations, Sub-Saharan Africa, technical efficiency, term financing, TFP growth, Total factor productivity, Uganda
Pages:
84
Volume:
2005
DOI:
Issue:
172
Series:
Country Report No. 2005/172
Stock No:
1UGAEA2005001
ISBN:
9781451838749
ISSN:
1934-7685
