Competing in the Global Economy : An Investment Climate Assessment for Uganda

Cotton, Linda ; Ramachandran, Vijaya ; Leechor, Chad ; Marchat, Jean Michel ; Paton, John ; Shah, Manju Kedia ; Habyarimana, James ; Wong, Michael ; Kalema, William ; Ntale, Charles

World Bank and International Finance Corporation, Washington, DC

关键词: ACCOUNTABILITY;    ACCOUNTING;    ACCOUNTING STANDARDS;    ADMINISTRATIVE COSTS;    AGRICULTURE;   

RP-ID  :  33698

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Uganda's economic growth since thelate 1980s has resulted largely from restoring andrehabilitating the country's productive capacity. Goingforward, growth will need to come increasingly from newinvestments or new activities. That will require moreinvestment, more intensive acquisition of know-how, and morecomplex collaboration between local and foreign partners. Itwill also require a far greater role for private sectorinvestment. While Uganda has benefited enormously fromdevelopment assistance for almost two decades, foreign aidmay decline in the next decade. Indeed, Uganda mustaccelerate private sector investment and growth if it is toachieve the goals set out in its Poverty Eradication ActionPlan. To reduce the poverty rate to 10 percent by 2017, GDPgrowth will have to exceed 7 percent a year, requiring aninvestment rate of 30 percent or more of GDP. Attainingthese targets will be feasible only with reforms to promoteprivate investment.