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- W2286790988 abstract "The Ugandan economy has been transformed since 1987. We ask how effective have the reforms been in increasing the incentives to exporters. Uganda has made significant progress in reducing the anti-export bias in its trade policy. Taxes on exports have been abolished, the foreign exchange market is liberalised and exporters are allowed to retain their export earnings. Import protection has also been reduced considerably. However, while the relative incentives to exporting have improved, export earnings have not. The real problem facing Uganda is the severe lack of export diversification and the fact that it is a price taker on world markets. Uganda can take measures to encourage export diversification, both in terms of quality and niche markets for traditional commodities and in terms of encouraging non-traditional exports. Trade policy reforms are only part of such a strategy. Improved infrastructure and institutional support are an important component of export support, to reduce the adverse effects of natural barriers. We conclude that the principal trade policy reforms have been implemented, and the policy environment is right now for export support, through investment in infrastructure and institutional support. Outline" @default.
- W2286790988 created "2016-06-24" @default.
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- W2286790988 date "1998-01-01" @default.
- W2286790988 modified "2023-09-23" @default.
- W2286790988 title "Ugandan trade policy and export performance in the 1990s" @default.
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