Macroeconomic policy, inclusive growth and productive employment in Uganda

Elisa Van. Waeyenberge and Hannah. Bargawi

ILO Working Papers from International Labour Organization

Abstract: This paper, authored by Elisa Van Waeyenberge and Hannah Bargawi, examines the main trends in growth, employment, poverty and inequality in Uganda over the last decade, pointing to, inter alia, a lack of absorption of workers into high productivity sectors, with resulting implications for conditions of employment, poverty and inequality. The authors argue that the limited structural transformation is a result insufficient expansion in productive capacities by the private sector, against the backdrop of a historically weak public investment programme and a persistently lop-sided integration in international trade circuits. The authors also argue that the macroeconomic policy agenda has restricted the scope for a fundamental transformation of the Ugandan economy necessary to support much-needed job creation and increases in the standard of living. The authors point to a need for a proemployment macroeconomic framework in Uganda, including appropriate sectoral policies, accelerating public spending complemented by efforts to mobilise domestic revenues and a rethink of monetary policy beyond inflation-targeting.

Keywords: employment creation; economic policy; employment policy; poverty alleviation; private sector; public investment (search for similar items in EconPapers)
Pages: 49 p.) pages
Date: 2018
New Economics Papers: this item is included in nep-knm and nep-mac
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Published in Employment working paper series

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Persistent link: https://EconPapers.repec.org/RePEc:ilo:ilowps:994987693202676

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