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Africa > Uganda

You are looking at 1 - 7 of 7 items for :

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Cover IMF Working Papers
Panel Nowcasting for Countries Whose Quarterly GDPs are Unavailable
Omer Faruk Akbal
,
Mr. Seung M Choi
,
Mr. Futoshi Narita
, and
Jiaxiong Yao
Quarterly GDP statistics facilitate timely economic assessment, but the availability of such data are limited for more than 60 developing economies, including about 20 countries in sub-Saharan Africa as well as more than two-thirds of fragile and conflict-affected states. To address this limited data availablity, this paper proposes a panel approach that utilizes a statistical relationship estimated from countries where data are available, to estimate quarterly GDP statistics for countries that do not publish such statistics by leveraging the indicators readily available for many countries. This framework demonstrates potential, especially when applied for similar country groups, and could provide valuable real-time insights into economic conditions supported by empirical evidence.
Keywords:
Developing economies; fragile and conflict-affected states; GDP; low-income countries; nowcasting; sub-Saharan Africa; GDP statistic; panel Nowcasting; data availability; growth data; annex II; data availablity; Commodity prices; Purchasing power parity; Data collection; Export fluctuations; Global
Cover Departmental Papers
A Rebalancing Act for China and Africa: The Effects of China’s Rebalancing on Sub-Saharan Africa’s Trade and Growth
Mr. Roger Nord
and
Ms. Wenjie Chen
How does China’s new growth model affect sub-Saharan Africa? To address this question, this paper first looks at the growing ties between China and Africa; attempts to estimate more precisely the impact on growth through the trade channel; and finally draws some policy implications regarding whether this means an end of the Africa Rising narrative or merely the beginning of a new chapter.
Keywords:
DPPP; DP; center; China; commodity; Sub-Saharan Africa; commodity exporter; China's growth; frontier economy; investment-driven commodities exporter; growth experience; FDI flow; sub-Saharan Africa result; idiosyncratic shock; Bloomberg L.P.; commodity price system; Customs dataset; countries in sub-Saharan Africa; Exports; Commodity prices; Foreign direct investment; Direction of trade; Africa; Global
Cover Regional Economic Outlook, April 2011, Sub-Saharan Africa
Regional Economic Outlook, April 2011, Sub-Saharan Africa
Recovery and New Risks
International Monetary Fund. African Dept.

Abstract

Sub-Saharan Africa's economic recovery is well under way, although among country groups there is variation in the speed of the recovery. In most of the region's low-income countries and among the seven oil exporters growth is almost back to precrisis levels. However, in the region's middle-income countries, including South Africa, the recovery has been more gradual. This Regional Economic Outlook describes the impact of recent economic developments---sharp increases in food and fuel prices will need fiscal interventions targeting the poor, while higher oil prices will be a boon to some countries and adversely affect others. Policy adjustments are needed to move away from the supportive stance of the last few years but should be balanced against the need to alleviate the impact of rising food prices on poor households.

Keywords:
REO; fuel price increase; price; Sub-Saharan Africa; spending; EAC export; EAC member; food price; portfolio inflow; inflation rate; Food prices; Capital inflows; Inflation; Exports; Commodity prices; Global; Africa; Middle East; North Africa; EAC trade; Emerging and frontier financial markets
Cover Departmental Papers
Spillover Effects and the East African Community: Explaining the Slowdown and the Recovery
International Monetary Fund
The East African Community (EAC) countries (Kenya, Tanzania, Uganda, and Rwanda) have been affected by the global financial crisis and global recession. The fall in global demand and inflows and tighter liquidity conditions abroad affected the countries in this region as elsewhere in sub-Saharan Africa. But how hard have countries in the EAC been hit? Have the spillovers from the global crisis affected countries in the region as much as other countries in the sub-Saharan region? Have the transmission channels or magnitudes of the spillovers been different across EAC countries? How can these countries return quickly to a path of sustained high growth? What is the role for policy? Would acceleration of regional integration and policy coordination help achieve this goal? Would it make the region less susceptible to shocks? This paper focus on the EAC countries and attempts to address these questions.
Keywords:
DPPP; DP; EAC economy; EAC growth; EAC region; Uganda; Kenya; EAC country; oil price shock; EAC cycle; fiscal policy; Exports; Fiscal stimulus; Oil prices; Fiscal stance; Spillovers; Global; Sub-Saharan Africa; Africa
Cover Policy Papers
Review of PRGF Program Design - Overview
International Monetary Fund
Part of the Fund’s periodic reviews of its policy advice to member countries, and responds to calls by Executive Directors for further staff analysis on improving the design of such programs. In the context of the recent discussions on the design of the broad range of Fund-supported programs, Directors also requested more in-depth analytical studies of disaggregated and homogenous groups, as well as a closer look at how progress towards external viability in low-income countries (LICs) can be improved. The review also seeks to address these requests.
Keywords:
PP; private sector; government spending; design issue; nominal exchange rate; exchange rate appreciation; fiscal policy coordination; Inflation; Real exchange rates; Export performance; Sub-Saharan Africa; Asia and Pacific; Global
Cover Policy Papers
Fund Assistance for Countries Facing Exogenous Shocks
International Monetary Fund
NULL
Keywords:
PP; low-income country; price shock; PRGF arrangement; terms-of-trade shock; commodity price fluctuation; government expenditure; recipient country; balance of payments; fund Assistance; fund Involvement; commodity price data; fund arrangement; Natural disasters; Disaster aid; Export prices; Emergency assistance; Personal income; Caribbean; Africa
Cover Adjustment Programs in Africa
Adjustment Programs in Africa
The Recent Experience
Mr. Saleh M. Nsouli
and
Justin B. Zulu

Abstract

This paper reviews recent experience of African countries in the design and implementation of adjustment programs supported by use of Fund resources.

Keywords:
OP; deficit; rate of inflation; current account position; country; record SDR; consumer goods; excess demand pressure; sector disequilibrium; Public enterprises; Inflation; Credit; Current account deficits; Balance of payments deficits; Africa