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Africa > Uganda

You are looking at 1 - 5 of 5 items for :

  • Type: Journal Issue x
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Cover IMF Working Papers
Search Externalities in Firm-to-Firm Trade
I develop a model of firm-to-firm search and matching to show that the impact of falling trade costs on firm sourcing decisions and consumer welfare depends on the relative size of search externalities in domestic and international markets. These externalities can be positive if firms share information about potential matches, or negative if the market is congested. Using unique firm-to-firm transaction-level data from Uganda, I document empirical evidence consistent with positive externalities in international markets and negative externalities in domestic markets. I then build a dynamic quantitative version of the model and show that, in Uganda, a 25% reduction in trade costs led to a 3.7% increase in consumer welfare, 12% of which was due to search externalities.
Keywords:
Firm-to-Firm Trade; VAT Data; Search-and-Matching; Importing; transport cost reduction; buyer-supplier search; search externality; welfare gains from trade; consumer welfare; Imports; Labor market frictions; Search models; Value-added tax; East Africa; Global
Cover IMF Staff Country Reports
Kenya: Selected Issues and Statistical Appendix
International Monetary Fund
Like most Sub-Saharan African countries, Kenya’s economic growth appears to have been primarily driven by factor accumulation. The Selected Issues paper and Statistical Appendix for Kenya examines economic developments and policies. During the last two decades, Kenya has been plagued by pervasive problems of internal conflicts, constitutional crises, and corruption scandals. The governance agenda focuses on several reforms, including upgrading the public budget and financial management systems, strengthening the anticorruption institutions, and improving the judicial framework.
Keywords:
ISCR; CR; Kenya; pay; inflation; TFP growth; wage bill; Reduced-Form inflation equation; development objective; governance agenda; growth performance; bill-to-domestic revenue; Tariffs; Total factor productivity; Wages; Real exchange rates; Imports; Sub-Saharan Africa; Middle East; Africa; East Asia; Central and Eastern Europe
Cover IMF Staff Country Reports
Haiti: Selected Issues
International Monetary Fund
This Selected Issues paper reviews key trends in Haiti’s fiscal performance over the past decade and discusses various options for strengthening the fiscal system. It suggests that a key challenge will be to generate adequate resources to support development, which requires an increase in outlays on social programs, security, and infrastructure investment to at least the levels observed in other low-income countries. The paper reviews revenue trends and key features of the tax system. It also illustrates that Haiti’s public sector employment is far smaller than in other countries.
Keywords:
ISCR; CR; Haiti; BRH; wage; expenditure; reserve; BRH bond; BRH loss; BRH balance sheet; wage bill; BRH credit; Public employment; Exports; Value-added tax; Civil service; Western Hemisphere; Caribbean; Africa; Asia and Pacific
Cover IMF Working Papers
Will there Be New Emerging-Market Economies in Africa b+L2280y the Year 2020?
Mr. Jean-Claude Berthélemy
and
Mr. Ludvig Söderling
This paper examines past African growth experience and attempts to simulate future ones. In addition to more commonly used determinants of total factor productivity, a measure of the effect of labor reallocation and an index of economic diversification are constructed and included as factors for long-term growth. A simple model is constructed for the purpose of simulating growth scenarios up to the year 2020 for Burkina Faso, Côte d'Ivoire, Ghana, Mali, Tanzania, and Uganda. Even if one makes relatively optimistic assumptions, Africa is not likely to reach "Asian tiger" levels of growth. The results also suggest that growth will depend, to a large extent, on educational investments and productivity gains in agriculture.
Keywords:
WP; terms of trade; Africa; growth; productivity; education; labor reallocation; diversification; reallocation effect; GDP ratio; CFA franc; production function; productivity gain; growth scenario; reallocation openness; diversification index; TFP gain; diversification gain; Cote d'Ivoire II; Human capital; Total factor productivity; Exports; 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