Abstract
Uganda's economic reform program has been widely regarded as a success story for structural adjustment. Nevertheless, a large trade deficit persists, shored up by inflows of aid and private remittances. The poor performance of the agricultural tradables sector is presented as the key explanation for this trade imbalance. Two main reasons for this poor performance are found to be the failure to liberalize producer prices quickly and the failure to overcome early institutional resistance to reforms of marketing arrangements. Uganda's recovery is therefore much less impressive than it appears and the sustainability of the now heavily aid-dependent economy must remain in serious doubt.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
