Uganda Economic Update, 10th Edition, December 2017 : Accelerating Uganda's Development, Ending Child Marriage, Educating Girls

Following decades of sustained economic growth during which Uganda made dramatic progresstowards poverty reduction, the country has recently experienced a period of economic growthslow down. To return to higher rates of economic growth and poverty...

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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/553381512398131516/Uganda-economic-update-tenth-edition-accelerating-Ugandas-development-ending-child-marriage-educating-girls
http://hdl.handle.net/10986/29031
id okr-10986-29031
recordtype oai_dc
spelling okr-10986-290312021-09-17T00:27:58Z Uganda Economic Update, 10th Edition, December 2017 : Accelerating Uganda's Development, Ending Child Marriage, Educating Girls World Bank ECONOMIC GROWTH MONETARY POLICY EXPORTS FISCAL TRENDS ECONOMIC OUTLOOK RISKS CHILD MARRIAGE EDUCATION POVERTY GENDER EDUCATIONAL ATTAINMENT Following decades of sustained economic growth during which Uganda made dramatic progresstowards poverty reduction, the country has recently experienced a period of economic growthslow down. To return to higher rates of economic growth and poverty reduction, the Government mustaddress fundamental constraints. Facing a range of internal and external shocks, Uganda's economy has grown at the average annual rate of 4.5 percent over the past five years, far lower than the historical average of about 7.8 percent. The recent deceleration in growth affected all sectors of the economy. With these lower growth rates, combined with other external shocks to the households, the remarkable progress that Uganda had made towards reducing poverty since 1992 has been reversed. In the period from 1992 to 2013, the national poverty rate declined from 56 percent to 19.7 percent. Since then, it has rebounded, increasing to a preliminary 27 percent. For Uganda to again achieve higher rates of economic growth and poverty reduction, it must address two fundamental factors: its low levels of productivity and the vulnerability if its people to poverty. 2017-12-18T22:14:33Z 2017-12-18T22:14:33Z 2017-12-01 Report http://documents.worldbank.org/curated/en/553381512398131516/Uganda-economic-update-tenth-edition-accelerating-Ugandas-development-ending-child-marriage-educating-girls http://hdl.handle.net/10986/29031 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work Africa Uganda
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ECONOMIC GROWTH
MONETARY POLICY
EXPORTS
FISCAL TRENDS
ECONOMIC OUTLOOK
RISKS
CHILD MARRIAGE
EDUCATION
POVERTY
GENDER
EDUCATIONAL ATTAINMENT
spellingShingle ECONOMIC GROWTH
MONETARY POLICY
EXPORTS
FISCAL TRENDS
ECONOMIC OUTLOOK
RISKS
CHILD MARRIAGE
EDUCATION
POVERTY
GENDER
EDUCATIONAL ATTAINMENT
World Bank
Uganda Economic Update, 10th Edition, December 2017 : Accelerating Uganda's Development, Ending Child Marriage, Educating Girls
geographic_facet Africa
Uganda
description Following decades of sustained economic growth during which Uganda made dramatic progresstowards poverty reduction, the country has recently experienced a period of economic growthslow down. To return to higher rates of economic growth and poverty reduction, the Government mustaddress fundamental constraints. Facing a range of internal and external shocks, Uganda's economy has grown at the average annual rate of 4.5 percent over the past five years, far lower than the historical average of about 7.8 percent. The recent deceleration in growth affected all sectors of the economy. With these lower growth rates, combined with other external shocks to the households, the remarkable progress that Uganda had made towards reducing poverty since 1992 has been reversed. In the period from 1992 to 2013, the national poverty rate declined from 56 percent to 19.7 percent. Since then, it has rebounded, increasing to a preliminary 27 percent. For Uganda to again achieve higher rates of economic growth and poverty reduction, it must address two fundamental factors: its low levels of productivity and the vulnerability if its people to poverty.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Uganda Economic Update, 10th Edition, December 2017 : Accelerating Uganda's Development, Ending Child Marriage, Educating Girls
title_short Uganda Economic Update, 10th Edition, December 2017 : Accelerating Uganda's Development, Ending Child Marriage, Educating Girls
title_full Uganda Economic Update, 10th Edition, December 2017 : Accelerating Uganda's Development, Ending Child Marriage, Educating Girls
title_fullStr Uganda Economic Update, 10th Edition, December 2017 : Accelerating Uganda's Development, Ending Child Marriage, Educating Girls
title_full_unstemmed Uganda Economic Update, 10th Edition, December 2017 : Accelerating Uganda's Development, Ending Child Marriage, Educating Girls
title_sort uganda economic update, 10th edition, december 2017 : accelerating uganda's development, ending child marriage, educating girls
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/553381512398131516/Uganda-economic-update-tenth-edition-accelerating-Ugandas-development-ending-child-marriage-educating-girls
http://hdl.handle.net/10986/29031
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