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Africa > Uganda

You are looking at 1 - 9 of 9 items for :

  • Type: Journal Issue x
  • Macroeconomics and Monetary Economics x
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Cover Departmental Papers
Réforme des subventions énergétiques en Afrique subsaharienne: expériences et enseignements
Mr. Trevor Serge Coleridge Alleyne
and
Mr. Mumtaz Hussain
La réforme des subventions énergétiques est un problème important et difficile pour les pays d’Afrique subsaharienne. Un nombre relativement important d’études théoriques et empiriques ont été consacrées à cette question. Si ce rapport s’inspire de ces études, il examine toutefois plus précisément la situation des pays d’Afrique subsaharienne de manière à répondre aux questions suivantes: pourquoi est-il important de réduire les subventions énergétiques? Quelles sont les difficultés que pose la réforme des subventions énergétiques? Quel est le meilleur moyen de procéder à une telle réforme? Ce rapport se fonde sur diverses sources d’information sur les pays d’Afrique subsaharienne et notamment des évaluations quantitatives, des enquêtes et des études de cas particulières (mais standardisées).
Keywords:
DPPP; DP; fuel subsidy; average cost; retail price; subsidy reform; unit price
Cover Departmental Papers
Energy Subsidy Reform in Sub-Saharan Africa: Experiences and Lessons
Mr. Trevor Serge Coleridge Alleyne
and
Mr. Mumtaz Hussain
The reform of energy subsidies is an important but challenging issue for sub-Saharan African (SSA) countries. There is a relatively large theoretical and empirical literature on this issue. While this paper relies on that literature, too, it tailors its discussion to SSA countries to respond to the following questions: Why it is important to reduce energy subsidies? What are the difficulties involved in energy subsidy reform? How best can a subsidy reform be implemented? This paper uses various sources of information on SSA countries: quantitative assessments, surveys, and individual (but standardized) case studies.
Keywords:
DPPP; DP; fuel subsidy; average cost; retail price; subsidy reform; unit price; SSA country; Energy subsidy; fixed charge; federal government; opportunity cost; Energy subsidies; Fuel prices; Tariffs; Electricity; Inflation; Africa; Sub-Saharan Africa; Middle East and Central Asia; Global; West Africa
Cover Policy Papers
Case Studies on Energy Subsidy Reform—Lessons and Implications - Supplement
International Monetary Fund
This supplement presents country case studies reviewing energy subsidy reform experiences, which are the basis for the reform lessons identified in the main paper. The selection of countries for the case studies reflects the availability of data and of previously documented evidence on country-specific reforms. The 22 country case studies were also chosen to provide cases from all regions and a mix of outcomes from reform. The studies cover 19 countries, including seven from sub-Saharan Africa, two in developing Asia, three in the Middle East and North Africa, four in Latin America and the Caribbean, and three in Central and Eastern Europe and the CIS. The case studies are organized by energy product, with 14 studies of the reform of petroleum product subsidies, seven studies of the reform of electricity subsidies, and a case study of subsidy reform for coal. The larger number of studies on fuel subsidies reflects the wider availability of data and past studies for these reforms. The structure of each case study is similar, with each one providing the context of the reform and a description of the reforms; discussion of the impact of the reform on energy prices or subsidies and its success or failure; mitigating measures that were implemented in an attempt to generate public support for the reform and offset adverse effects on the poor; and, finally, identification of lessons for designing reforms.
Keywords:
PP; exchange rate; fuel price; private sector; rate of return; stabilization fund; subsidy reform; transfer program; reform program; Fuel prices; Tariffs; Inflation; Energy subsidies; Electricity; Africa; Sub-Saharan Africa
Cover IMF Staff Country Reports
Kenya, Uganda, and United Republic of Tanzania: Selected Issues
International Monetary Fund
This Selected Issues paper for Kenya, Uganda, and United Republic of Tanzania highlights their private sector credit markets, identifies their main obstacles in promoting credit to the private sector, and suggests a reform strategy. If the East African Community (EAC) countries decide to pursue a coordinated approach to investment incentives, one possible solution would be to agree on a Code of Conduct for Investment Incentives and Company Income Taxation. A transparent tax system with a broad base would reduce the demand by investors for tax holidays.
Keywords:
ISCR; CR; investment incentive; investment; EAC country; EAC member; tax incentive; member country; private sector credit; Investment incentives; Tariffs; Tax incentives; Credit; Customs unions; Sub-Saharan Africa; Africa; East Asia; Central Asia; South Asia
Cover Trade and Trade Policies in Eastern and Southern Africa
Trade and Trade Policies in Eastern and Southern Africa
Mr. Arvind Subramanian

Abstract

Since the early 1990s, many countries in sub-Saharan Africa have made significant progress in opening their economies to external competition through trade and currency liberalization. This paper analyzes trade and policy developments for 22 countries in eastern and southern Africa, looks at regional and multilateral integration issues, and reflects on the main challenges these countries face in the new decade. It addresses the main trade policy issues for these countries and suggests possible actions they and their trading partners could follow.

Keywords:
OP; ESA country; country; liberalization; bottom; ESA; ESA region; trade liberalization effort; SADC free trade protocol; island economy; Tariffs; Trade liberalization; Exports; Taxes on trade; Trade policy; Africa; Southern Africa; East Africa; Sub-Saharan Africa
Cover IMF Staff Country Reports
Rwanda: Recent Economic Developments
International Monetary Fund
The government of Rwanda has recognized that economic development in most areas would have to be the responsibility of the private sector (particularly since military and civil service employment would be reduced), but that the public sector could still have a role in promoting economic equality by providing a social safety net, most importantly with a solvent social security system. Before the conflict in 1994, the private sector has accounted for only about 50 percent of employment in the formal sector, excluding the civil service.
Keywords:
ISCR; CR; U.S. dollar; gross domestic product; sales tax; price index; private sector; tax revenue; economic planning; excess reserves; broad money; tertiary sector; income tax; money market; foreign exchange; Agricultural commodities; Tariffs; Civil service; Exports; Commercial banks; Sub-Saharan Africa; Africa
Cover Integration and Growth in a Globalized World Economy
Integration and Growth in a Globalized World Economy
International Monetary Fund

Abstract

This paper presents four commentaries by an IMF Deputy Managing Director on integration and growth in a globalized world economy. Globalized and integrated financial markets are the norm, complete with their tremendous opportunities—the chance to quicken the pace of investment, job creation, and growth—and, some inevitable risks. The paper also highlights that sound macroeconomic policies must be a top priority, and that these policies must be supported by transparency and accountability. Policies at the country and global level must be mutually reinforcing; industrial countries meeting the more outward-oriented policies of developing countries with greater openness around the world. It is recommended that the IMF agenda must include adopting bold structural reforms and building a social consensus for reform through economic security, good governance, and a better dialogue with civil society in Africa. In the Berlin address, it is suggested that development rests on three pillars: good economic policy, a favorable legal and political environment, and attention to equitable social development.

Keywords:
MTU; country; economy; CFA zone country; government; policy; government policy; economic policy coordination; integration effort; reform effort; Regional integration; Trade liberalization; Tariffs; Civil service; Africa; Sub-Saharan Africa; Global
Cover Finance & Development
Finance & Development, March 1972
International Monetary Fund. External Relations Dept.
This paper discusses the role of the IMF in financial stability and planning in world trade. The paper highlights that the IMF was set up to assist in the maintenance of an international monetary system that is conducive to the expansion of international trade. To this end, the IMF was provided with both a regulatory and financial role. In the execution of these functions, the IMF has gradually evolved as a center for international financial cooperation and a source of advice and technical assistance to its members.
Keywords:
FD; F&D; country; cooperative; tariff; world price; volumes XV; business saving; savings institution; government savings; Credit; Tariffs; Currencies; Exchange rates; East Africa; Africa; West Africa; Europe; Asia and Pacific; Southeast Asia; North America; Western Europe; South Asia
Cover IMF Staff Papers
IMF Staff papers: Volume 13 No. 3
International Monetary Fund. Research Dept.
This paper explores trends in payment imbalances between 1952 and 1964. When desired reserves deviate appreciably from actual holdings, the authorities will sooner or later readjust their economic policies to reduce the magnitude of the deviation. On the assumption that the priorities given in individual countries to domestic and external objectives of economic policy and the attitudes toward the use of various policy instruments remain unchanged, desired reserves would tend to rise chiefly as a result of the increase in the size of expected payments fluctuations. International reserves of all 65 countries of the study rose over the period studied by 2.5 per cent a year. This low rate of increase reflects, however, the large reduction in US reserves. For all countries of the study excluding the United States, the reserves grew by 6.0 per cent a year. Leaving aside the loss of reserves by the United States, reserves of all countries appear, therefore, to have grown roughly in proportion to the value of trade and to the size of payments imbalances.
Keywords:
SP; fund; center; deficit; balance of payments; payments imbalance; export tax; fund member; reserve claim; parity rate; Reserve assets; Tariffs; Gold; Exports; Reserve positions; Africa; Middle East; Asia and Pacific; Western Europe; Europe