Uganda has seen strong GDP growth in recent years, though manufacturing makes up a smaller portion of its economy than agriculture. As an East African Community member, Uganda aims to increase regional trade integration and competitiveness. Based on UN trade data, the summary is:
1) Kenya has the highest manufacturing export capacity and impact in the EAC, though all countries have increased their global market shares over time.
2) While each EAC country has boosted manufacturing's role in exports, Kenya's share has decreased slightly.
3) Manufactured exports within the EAC have grown significantly but remain a lower percentage than exports to other regions. There is still potential to strengthen intra-regional trade.
Ethiopia’s Manufacturing Industry Opportunities, Challenges and Way Forward: ...CrimsonpublishersNTNF
Ethiopia’s Manufacturing Industry Opportunities, Challenges and Way Forward: A Sectoral Overview by Tekeba Eshetie in Food science journal_ Nutrition and Food open access journal
Assalam o Alaikum Everyone!
This Presentation Was Prepared and Presented by Me in Class and it Was Appreciated by Everyone.
So I Would Like to Share it With You All for Knowledge Increment Perpose.Hope You All Will Like.
Thanks...
Regards (M.Noman Waleed)
In order to maximise the benefits of regional integration and look for new opportunities for competitiveness, policymakers, the private sector and development partners need access to accurate and comprehensive data on intra and inter-regional trade in Africa with respect to agricultural goods. It is in this context that CTA and the International Food Policy Research Institute (IFPRI) are launching the “African Agricultural Trade Status Report”, which examines the current status, trends and outlook in African trade performance, making an important contribution towards data and analysis of developments both at regional and at continental levels. The Report, which is released in conjunction with the Briefing, builds on the work by the Regional Strategic Analysis and Knowledge Support System (ReSAKSS) of CAADP and the African Growth and Development Policy Modeling Consortium (AGRODEP) trade and also reflects the CTA’s commitment to advancing knowledge and sharing of best practices relating to agricultural trade.
The Brussels Development Briefing n.47 on the subject of “Regional Trade in Africa: Drivers, Trends and Opportunities” took place on 3rd February 2017 in Brussels at the ACP Secretariat (Avenue Georges Henri 451, 1200 Brussels) from 09:00 to 13:00. This Briefing was organised by the ACP-EU Technical Centre for Agricultural and Rural Cooperation (CTA), in collaboration with IFPRI, the European Commission / DEVCO, the ACP Secretariat, and CONCORD .
In order to maximise the benefits of regional integration and look for new opportunities for competitiveness, policymakers, the private sector and development partners need access to accurate and comprehensive data on intra and inter-regional trade in Africa with respect to agricultural goods. It is in this context that CTA and the International Food Policy Research Institute (IFPRI) are launching the “African Agricultural Trade Status Report”, which examines the current status, trends and outlook in African trade performance, making an important contribution towards data and analysis of developments both at regional and at continental levels. The Report, which is released in conjunction with the Briefing, builds on the work by the Regional Strategic Analysis and Knowledge Support System (ReSAKSS) of CAADP and the African Growth and Development Policy Modeling Consortium (AGRODEP) trade and also reflects the CTA’s commitment to advancing knowledge and sharing of best practices relating to agricultural trade.
The Brussels Development Briefing n.47 on the subject of “Regional Trade in Africa: Drivers, Trends and Opportunities” took place on 3rd February 2017 in Brussels at the ACP Secretariat (Avenue Georges Henri 451, 1200 Brussels) from 09:00 to 13:00. This Briefing was organised by the ACP-EU Technical Centre for Agricultural and Rural Cooperation (CTA), in collaboration with IFPRI, the European Commission / DEVCO, the ACP Secretariat, and CONCORD .
Ethiopia’s Manufacturing Industry Opportunities, Challenges and Way Forward: ...CrimsonpublishersNTNF
Ethiopia’s Manufacturing Industry Opportunities, Challenges and Way Forward: A Sectoral Overview by Tekeba Eshetie in Food science journal_ Nutrition and Food open access journal
Assalam o Alaikum Everyone!
This Presentation Was Prepared and Presented by Me in Class and it Was Appreciated by Everyone.
So I Would Like to Share it With You All for Knowledge Increment Perpose.Hope You All Will Like.
Thanks...
Regards (M.Noman Waleed)
In order to maximise the benefits of regional integration and look for new opportunities for competitiveness, policymakers, the private sector and development partners need access to accurate and comprehensive data on intra and inter-regional trade in Africa with respect to agricultural goods. It is in this context that CTA and the International Food Policy Research Institute (IFPRI) are launching the “African Agricultural Trade Status Report”, which examines the current status, trends and outlook in African trade performance, making an important contribution towards data and analysis of developments both at regional and at continental levels. The Report, which is released in conjunction with the Briefing, builds on the work by the Regional Strategic Analysis and Knowledge Support System (ReSAKSS) of CAADP and the African Growth and Development Policy Modeling Consortium (AGRODEP) trade and also reflects the CTA’s commitment to advancing knowledge and sharing of best practices relating to agricultural trade.
The Brussels Development Briefing n.47 on the subject of “Regional Trade in Africa: Drivers, Trends and Opportunities” took place on 3rd February 2017 in Brussels at the ACP Secretariat (Avenue Georges Henri 451, 1200 Brussels) from 09:00 to 13:00. This Briefing was organised by the ACP-EU Technical Centre for Agricultural and Rural Cooperation (CTA), in collaboration with IFPRI, the European Commission / DEVCO, the ACP Secretariat, and CONCORD .
In order to maximise the benefits of regional integration and look for new opportunities for competitiveness, policymakers, the private sector and development partners need access to accurate and comprehensive data on intra and inter-regional trade in Africa with respect to agricultural goods. It is in this context that CTA and the International Food Policy Research Institute (IFPRI) are launching the “African Agricultural Trade Status Report”, which examines the current status, trends and outlook in African trade performance, making an important contribution towards data and analysis of developments both at regional and at continental levels. The Report, which is released in conjunction with the Briefing, builds on the work by the Regional Strategic Analysis and Knowledge Support System (ReSAKSS) of CAADP and the African Growth and Development Policy Modeling Consortium (AGRODEP) trade and also reflects the CTA’s commitment to advancing knowledge and sharing of best practices relating to agricultural trade.
The Brussels Development Briefing n.47 on the subject of “Regional Trade in Africa: Drivers, Trends and Opportunities” took place on 3rd February 2017 in Brussels at the ACP Secretariat (Avenue Georges Henri 451, 1200 Brussels) from 09:00 to 13:00. This Briefing was organised by the ACP-EU Technical Centre for Agricultural and Rural Cooperation (CTA), in collaboration with IFPRI, the European Commission / DEVCO, the ACP Secretariat, and CONCORD .
International Journal of Engineering Research and Development (IJERD)IJERD Editor
journal publishing, how to publish research paper, Call For research paper, international journal, publishing a paper, IJERD, journal of science and technology, how to get a research paper published, publishing a paper, publishing of journal, publishing of research paper, reserach and review articles, IJERD Journal, How to publish your research paper, publish research paper, open access engineering journal, Engineering journal, Mathemetics journal, Physics journal, Chemistry journal, Computer Engineering, Computer Science journal, how to submit your paper, peer reviw journal, indexed journal, reserach and review articles, engineering journal, www.ijerd.com, research journals,
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In order to maximise the benefits of regional integration and look for new opportunities for competitiveness, policymakers, the private sector and development partners need access to accurate and comprehensive data on intra and inter-regional trade in Africa with respect to agricultural goods. It is in this context that CTA and the International Food Policy Research Institute (IFPRI) are launching the “African Agricultural Trade Status Report”, which examines the current status, trends and outlook in African trade performance, making an important contribution towards data and analysis of developments both at regional and at continental levels. The Report, which is released in conjunction with the Briefing, builds on the work by the Regional Strategic Analysis and Knowledge Support System (ReSAKSS) of CAADP and the African Growth and Development Policy Modeling Consortium (AGRODEP) trade and also reflects the CTA’s commitment to advancing knowledge and sharing of best practices relating to agricultural trade.
The Brussels Development Briefing n.47 on the subject of “Regional Trade in Africa: Drivers, Trends and Opportunities” took place on 3rd February 2017 in Brussels at the ACP Secretariat (Avenue Georges Henri 451, 1200 Brussels) from 09:00 to 13:00. This Briefing was organised by the ACP-EU Technical Centre for Agricultural and Rural Cooperation (CTA), in collaboration with IFPRI, the European Commission / DEVCO, the ACP Secretariat, and CONCORD .
In order to maximise the benefits of regional integration and look for new opportunities for competitiveness, policymakers, the private sector and development partners need access to accurate and comprehensive data on intra and inter-regional trade in Africa with respect to agricultural goods. It is in this context that CTA and the International Food Policy Research Institute (IFPRI) are launching the “African Agricultural Trade Status Report”, which examines the current status, trends and outlook in African trade performance, making an important contribution towards data and analysis of developments both at regional and at continental levels. The Report, which is released in conjunction with the Briefing, builds on the work by the Regional Strategic Analysis and Knowledge Support System (ReSAKSS) of CAADP and the African Growth and Development Policy Modeling Consortium (AGRODEP) trade and also reflects the CTA’s commitment to advancing knowledge and sharing of best practices relating to agricultural trade.
The Brussels Development Briefing n.47 on the subject of “Regional Trade in Africa: Drivers, Trends and Opportunities” took place on 3rd February 2017 in Brussels at the ACP Secretariat (Avenue Georges Henri 451, 1200 Brussels) from 09:00 to 13:00. This Briefing was organised by the ACP-EU Technical Centre for Agricultural and Rural Cooperation (CTA), in collaboration with IFPRI, the European Commission / DEVCO, the ACP Secretariat, and CONCORD .
Funding Sme – The Challenges And Risk Within - MSMEs CONTRIBUTION TO ECONOMY ...Resurgent India
Economy, with more than 31 million units employing more than 80 million persons. Further, productivity of the MSME sector has been improving significantly with fixed investments and employment growing consistently over the past few years. This is a direct indication of the efforts focused on this sector to integrate the workforce with technological enhancements to increase production. Fixed investments in the MSME sector between FY07 and FY12 has grown at a CAGR of 6.5 per cent and employment has grown by more than 6 per cent (y-o-y). Further, between FY07 and FY12, the sector’s total gross output grew at a CAGR of 6.3 per cent - reiterating the substantial contribution of the MSMEs to the Indian economy.
Hospitality Laws
We Also Provide SYNOPSIS AND PROJECT.
Contact www.kimsharma.co.in for best and lowest cost solution or
Email: amitymbaassignment@gmail.com
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These are slides from an economics revision webinar on aspects of the Indian economy.
Population: 1.3 billion; Urbanization: 33%
Life expectancy: 68 years (average)
HDI ranking 131st/188
Per capita GNI (PPP) $5,663
% living on less than $1.90 a day (PPP) 21%
% of population under-nourished: 15%
Remittance inflow (net) +3.3% of GDP
Gini coefficient: 0.35
Palma Ratio: 1.5
Successful diversification into manufacturing
Globally competitive in many service industries
Digital artifact [Final Assignment for Trading for Development in the Age of ...Ekene Okwunma
A proposed solution which can convey how GVCs have changed and are changing the international trade and what policies Nigerian government support to broaden participation in GVCs.
- In this study, the researcher provides a fresh attempt to investigate the link between the agricultural
export base and economic growth in Nigeria, using annualized data on selected variables that span through
1980 to 2017. The Johansen cointegration method was adopted and the corresponding VEC model specification
was estimated using the OLS technique
International Journal of Engineering Research and Development (IJERD)IJERD Editor
journal publishing, how to publish research paper, Call For research paper, international journal, publishing a paper, IJERD, journal of science and technology, how to get a research paper published, publishing a paper, publishing of journal, publishing of research paper, reserach and review articles, IJERD Journal, How to publish your research paper, publish research paper, open access engineering journal, Engineering journal, Mathemetics journal, Physics journal, Chemistry journal, Computer Engineering, Computer Science journal, how to submit your paper, peer reviw journal, indexed journal, reserach and review articles, engineering journal, www.ijerd.com, research journals,
yahoo journals, bing journals, International Journal of Engineering Research and Development, google journals, hard copy of journal
In order to maximise the benefits of regional integration and look for new opportunities for competitiveness, policymakers, the private sector and development partners need access to accurate and comprehensive data on intra and inter-regional trade in Africa with respect to agricultural goods. It is in this context that CTA and the International Food Policy Research Institute (IFPRI) are launching the “African Agricultural Trade Status Report”, which examines the current status, trends and outlook in African trade performance, making an important contribution towards data and analysis of developments both at regional and at continental levels. The Report, which is released in conjunction with the Briefing, builds on the work by the Regional Strategic Analysis and Knowledge Support System (ReSAKSS) of CAADP and the African Growth and Development Policy Modeling Consortium (AGRODEP) trade and also reflects the CTA’s commitment to advancing knowledge and sharing of best practices relating to agricultural trade.
The Brussels Development Briefing n.47 on the subject of “Regional Trade in Africa: Drivers, Trends and Opportunities” took place on 3rd February 2017 in Brussels at the ACP Secretariat (Avenue Georges Henri 451, 1200 Brussels) from 09:00 to 13:00. This Briefing was organised by the ACP-EU Technical Centre for Agricultural and Rural Cooperation (CTA), in collaboration with IFPRI, the European Commission / DEVCO, the ACP Secretariat, and CONCORD .
In order to maximise the benefits of regional integration and look for new opportunities for competitiveness, policymakers, the private sector and development partners need access to accurate and comprehensive data on intra and inter-regional trade in Africa with respect to agricultural goods. It is in this context that CTA and the International Food Policy Research Institute (IFPRI) are launching the “African Agricultural Trade Status Report”, which examines the current status, trends and outlook in African trade performance, making an important contribution towards data and analysis of developments both at regional and at continental levels. The Report, which is released in conjunction with the Briefing, builds on the work by the Regional Strategic Analysis and Knowledge Support System (ReSAKSS) of CAADP and the African Growth and Development Policy Modeling Consortium (AGRODEP) trade and also reflects the CTA’s commitment to advancing knowledge and sharing of best practices relating to agricultural trade.
The Brussels Development Briefing n.47 on the subject of “Regional Trade in Africa: Drivers, Trends and Opportunities” took place on 3rd February 2017 in Brussels at the ACP Secretariat (Avenue Georges Henri 451, 1200 Brussels) from 09:00 to 13:00. This Briefing was organised by the ACP-EU Technical Centre for Agricultural and Rural Cooperation (CTA), in collaboration with IFPRI, the European Commission / DEVCO, the ACP Secretariat, and CONCORD .
Funding Sme – The Challenges And Risk Within - MSMEs CONTRIBUTION TO ECONOMY ...Resurgent India
Economy, with more than 31 million units employing more than 80 million persons. Further, productivity of the MSME sector has been improving significantly with fixed investments and employment growing consistently over the past few years. This is a direct indication of the efforts focused on this sector to integrate the workforce with technological enhancements to increase production. Fixed investments in the MSME sector between FY07 and FY12 has grown at a CAGR of 6.5 per cent and employment has grown by more than 6 per cent (y-o-y). Further, between FY07 and FY12, the sector’s total gross output grew at a CAGR of 6.3 per cent - reiterating the substantial contribution of the MSMEs to the Indian economy.
Hospitality Laws
We Also Provide SYNOPSIS AND PROJECT.
Contact www.kimsharma.co.in for best and lowest cost solution or
Email: amitymbaassignment@gmail.com
Call: 9971223030
These are slides from an economics revision webinar on aspects of the Indian economy.
Population: 1.3 billion; Urbanization: 33%
Life expectancy: 68 years (average)
HDI ranking 131st/188
Per capita GNI (PPP) $5,663
% living on less than $1.90 a day (PPP) 21%
% of population under-nourished: 15%
Remittance inflow (net) +3.3% of GDP
Gini coefficient: 0.35
Palma Ratio: 1.5
Successful diversification into manufacturing
Globally competitive in many service industries
Digital artifact [Final Assignment for Trading for Development in the Age of ...Ekene Okwunma
A proposed solution which can convey how GVCs have changed and are changing the international trade and what policies Nigerian government support to broaden participation in GVCs.
- In this study, the researcher provides a fresh attempt to investigate the link between the agricultural
export base and economic growth in Nigeria, using annualized data on selected variables that span through
1980 to 2017. The Johansen cointegration method was adopted and the corresponding VEC model specification
was estimated using the OLS technique
Government Capital Expenditure and Manufacturing Sector Output in Nigeriaijtsrd
The study explored the effect of government capital expenditure on manufacturing sector output in Nigeria using time series data from 1981 to 2018. The manufacturing sector output taken as the total volume of inflation adjusted value of output produced by all the manufacturing industries was the dependent variable. The government capital expenditure was disaggregated into four functional expenses as capital expenditures on the road, health, communication, and power electricity . The annual time series data employed were analysed for unit roots using the augmented Dickey Fuller ADF , and regression techniques based on the Autoregressive Distributive Lag ARDL to determine the relationships. The findings revealed that capital expenditure on road infrastructure has a short run positive significant effect on manufacturing sector output, but an insignificant adverse impact on manufacturing sector output in Nigeria capital expenditure on health has significant impacts on the manufacturing sector output in Nigeria driving at negative in the short run and then positive in the long run capital expenditure on telecommunication has a significant positive impact on manufacturing sector output in Nigeria both in the long run and short run whereas capital expenditure on the power supply has an insignificant negative effect in long and short periods. The study hence recommended increased expenditure on road, health, electricity and telecommunication to boost the manufacturing sector propensity for growth and productivity. Okpala, Osita Victor "Government Capital Expenditure and Manufacturing Sector Output in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-3 , April 2022, URL: https://www.ijtsrd.com/papers/ijtsrd49683.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/49683/government-capital-expenditure-and-manufacturing-sector-output-in-nigeria/okpala-osita-victor
Challenges and Prospects of Agribusiness in Nigeria The Missing Linkijtsrd
For about three decades, the Nigerian government had initiated many policies and programs aimed at restoring the agricultural sector to its prominent position in the economy. However, various efforts to encourage investment and export diversification in the agricultural sector have not yielded favorable results. Great potential for investments and export diversification to generate higher economic growth remained untapped, as a result of challenges in the agricultural sector which have to be nipped in the bud. Therefore, this study identified these challenges and made recommendations to be implemented to remove these limitations in order to accelerate the achievement of economic growth and sustainable development in the country. The identified challenges or limitations consist of marketing problems, infrastructure deficiencies and unstable input and output prices. Measures to lift restrictions must include improvements in downstream commodity activities, environmental management, increased financing and efficiency in agricultural spending. The government should wake up and invest in infrastructure, and such investment must ensure infrastructure development in both urban and rural areas. Dr. Chibike Onyije Nwuba | Chukwunonso Chukwudi Okoli "Challenges and Prospects of Agribusiness in Nigeria: The Missing Link" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-5 , August 2022, URL: https://www.ijtsrd.com/papers/ijtsrd50510.pdf Paper URL: https://www.ijtsrd.com/management/marketing/50510/challenges-and-prospects-of-agribusiness-in-nigeria-the-missing-link/dr-chibike-onyije-nwuba
Open global trade has had positive effects for African industrialization and development. This report looks at efforts to help African countries strengthen their trading capacity and take fuller advantage of the benefits that trade brings.
The report looks into the effects of COVID-19 on Africa, the latest trends in African trade and how the WTO is providing support through the WTO-led Aid for Trade initiative and in areas such as trade facilitation, compliance with regulatory standards for trade, and technical assistance. The report also looks into projects aimed at mainstreaming trade into the national development strategies of African countries.
Keeping markets open and fostering a favourable business environment will be critical to spur renewed investment in Africa and support the continent’s economic recovery from the COVID-19 pandemic. WORLD TRADE ORGANIZATION
INTERNATIONAL TRADE OF EXPORT AND IMPORT DURING COVID-19 PANDEMIC IN INDIAN E...chelliah paramasivan
International trade is a major concept welfare of labour intensive, capital, investment and technology resources promote marketing background throughout world. International trade exchanges of goods and services between countries developing economy inflation. International trade is exchanges of capital good and consumed product transfer across the international borders or territiores. International trade is lockdown period faliure of commercial activities not supply of home appliance products, natural resources during COVID-19 pandemic in Indian economy. Government of India not finalised the export and import extend the marketing network, working capital and reduction of economy growth rate. This paper highlighted is international trade of export and import during COVID-19 pademic in Indian economy.
The growth and development of any nation is highly dependent on the level of infrastructure. Infrastructural decay has taken a big toll on the economic development of most Sub- Saharan African nations. This paper investigated the effect infrastructural decay on the growth of the manufacturing sector in Sub- Saharan Africa with particular reference to the Nigerian situation. The data necessary for this study were obtained from secondary sources. The results of unit root suggest that all the variables in the model are stationary. The ordinary least square regression with a coefficient of 0.92 revealed a strong positive relationship between the variables of interest. A co-integration test was performed on these variables to determine the long-run relationship between the variables. The results of causality tests suggest that electricity supply, transport infrastructure and inflation rate (the explanatory variables) jointly explain changes in the manufacturing sector performance. The result also reveals a one-way causation running from interest rate to manufacturing sector performance. The Johansen cointegration result reveals the existence of a common trend among the variables of interest. Electricity decay was found to have the greatest negative impact on the manufacturing sector’s financial performance and output followed by inflation and transportation. The government is therefore enjoined to continue the reform programmes across the infrastructural segments of the economy.
Similar to Understanding uganda competitiveness article (20)
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
1. UNDERSTANDING TRADE COMPETITIVENESS OF UGANDA IN THE
EAST AFRICAN COMMUNITY
Country (Uganda) Profile
The Republic of Uganda, located in Eastern Africa, is a landlocked country about 800 kilometres
inland from the Indian Ocean that lies astride the Equator between longitudes 29½° East and 35°
East and between latitudes 4½° North and ½° South, at an average altitude of 1,100 meters above
sea- level. It is bordered by the Republic of South Sudan to the North, Kenya to the East,
Tanzania to the South, Rwanda to the South West and Democratic Republic of Congo to the
West. It has a total area of 241,551 square kilometers, of which the land area covers 200,523
square kilometres.
Economic Profile
2014 INDICATORS STATISTICS
GDP at current market prices 72,127 billion Ugx
Per capita GDP at current market prices 2,078,287 Ugx
GDP growth rate at constant (2009) market prices 5.0 percent
Per capita GDP growth rate at constant (2009) market prices 1.9 percent
Contribution of agriculture to GDP at current market prices 24.7 percent
Reserves 202.4 million US$
Inflation rate 4.3 percent
Budget deficit excluding grants as a percentage of GDP (2014/15) -8.8 percent
Source: UBOS Statistical Abstract
Table 4: GDP at Market and Basic Prices, Percentage Changes for 2010/11 - 2014/15
YEAR 2010/11 2011/12 2012/13 2013/14 2014/15
GDP at market prices 9.7 % 4.4 % 3.3 % 4.8 % 5.0 %
GDP at basic prices 9.5 % 3.5 % 3.5 % 3.9 % 5.2 %
The Revised Annual Gross Domestic Product (AGDP) estimates (Rebase GDP series) for the
fiscal year (FY) 2014/15 indicate a better performance of the economy compared to 2013/14.
The economy registered a 0.2 percentage point better performance than in 2013/14. Specifically,
the real GDP at market prices is estimated to have grown by 5.0% in FY 2014/15 compared to a
revised growth of 4.8% registered for FY 2013/14. Real GDP at basic prices is estimated to grow
at 5.2% in 2014/15 compared to a revised growth of 3.9% that was registered in 2013/14.
3. Description of the Manufacturing Sector in Uganda
Manufacturing in Uganda consists predominantly of last-stage (end-product) assembly and raw
materials processing of which a high share is food processing, for foreign exchange earnings.
Both of these are low value added activities with are very few capital goods industries hence
increasing manufacturing exports is a direct means of diversifying Uganda's export structure and
reducing its vulnerability to global market volatilities. Agro-processing firms account for about
39% of manufacturing establishments in Uganda (UBOS 2012). In addition, manufacturing firms
in Uganda are high-cost producers and are characterized by high excess capacity, with capacity
utilisation of the installed capacity averaging 50%. The challenge relating to manufacturing
being dominated by end product assembly is underscored by the rising value and share of
manufacturing products in total merchandise exports and in industrial GDP.
Manufacturing (both formal and informal) is one of the sub-sectors of the country's industrial
sector. Other sub-sectors are construction, mining and quarrying, electricity generation, and
water services. While the focus here is on manufacturing, it is worth briely highlighting the
performance of other industrial sub-sectors. Construction has dominated Uganda's industrial
output, contributing between 10% and 16% to GDP since 2000, followed by manufacturing,
averaging 7% of the country's GDP over the past decade.
Regional Integration, East African Community (EAC)
EAC is the intergovernmental organization comprising Kenya, Uganda, the United Republic of
Tanzania, Rwanda and Burundi, whose mission is “to widen and deepen Economic, Political,
Social and Culture integration in order to improve the quality of life of the people of East Africa
through increased competitiveness, value added production, trade and investments” (EAC
website).
It was first established in 1967 with the cooperation of Kenya, Tanzania and Uganda. Following
its dissolution in 1977, it took around 20 years to establish the Permanent Tripartite Commission
for East African Cooperation and for the new treaty to enter into force. Between 2005 and 2010,
the EAC implemented a customs union and a Common External Tariff on imports from third
countries, duty-free trade between the Partner States and common customs procedures. In 2007,
Rwanda and Burundi became full members of the EAC and joined the EAC Customs Union in
2009. On 2nd
March, 2016 at the Heads of states Summit, South Sudan was declared a member of
the Community will full integration expected to be completed late this year (2016).
In 2010, the EAC Partner States signed a Common Market Protocol that seeks to “accelerate
regional economic growth and development by introducing the free movement of goods, persons
and labor, the right of establishment and residence, and the free movement of services and
capital”. It is also expected that the Protocol will strengthen, coordinate and regulate the
economic and trade relations among the Partner States.
4. Industrialisation in the EAC
The overall objective with regard to industry, according to the East African Community
Industrialisation Policy 2012-2032, is to create a market-driven competitive industrial sector
based on the comparative and competitive advantages of the EAC region, and to accelerate the
structural transformation of the Partner States’ economies. The specific policy targets are
diversifying the manufacturing base and raising the valued added content of resource-based
exports from 8.62% to 40% by 2032; strengthening national and regional institutional
frameworks and capabilities for industrial policy design and implementation; strengthening
research & development technology and innovation capabilities; increasing the contribution of
intraregional manufacturing exports relative to total manufactured imports; and transforming
micro, small and medium enterprises so they can increase contributions in manufacturing GDP
from currently 20 percent to 50 percent by 2032.
EAC intra-regional manufactured trade rose from 373 million USD in 2000 to 1.7 billion USD in
2010, an average annual growth rate of more than 16 percent for the decade. Yet this only
accounts for 35 percent of the EAC’s total manufactured trade in 2010, down from 50 percent in
2000. A similar trend is observed in sophisticated industries (medium and high-tech exports) and
less complex manufactures (resource-based and low-tech exports).
The Competitiveness Industrial Performance (CIP) Index
United Nations Industrial Development Organisation (UNIDO) approach on competitiveness
means/measures the ability to compete with firms at the international frontier of best practice. It
must be recognised that it is firms that compete not nations. Firms have their own strategies for
lowering cost, improving product quality and finding marketing networks. However, due to the
intrinsic failure of markets in critical areas, government support for firms has in some contexts
proved to be an important component of the process of attaining competitiveness.
Trade expansion has been at the centre of globalisation, with manufactures making up the bulk of
global trade, consistently accounting for more than 80% of exports since 1990 (UNIDO 2011c).
While developed countries have traditionally dominated world manufactures trade, developing
countries' share has been steadily rising. National industrial performance in this analysis is
assessed using the Competitive Industrial Performance (CIP) index developed and modified by
UNIDO in 2003 and 2011, respectively. Intuitively, the CIP assesses the country's industrial
performance, using indicators of an economy's ability to produce and export manufactured goods
competitively.
5. The essence of a competitiveness strategy is to: promote in-firm learning, skill development and
technological effort; improve the supply of information, skills and technology from surrounding
markets and institutions; and coordinate collective learning processes that involve different firms
in the same industry, or across related industries popularly known as clusters, geographical or
activity wise. Firms develop their capabilities within different markets, using the term broadly,
for example those relating to physical infrastructure, human capital, finance, technology and
cluster effects. The need for a competitiveness policy arises when any of these markets fails to
function efficiently. The experience of the Tigers of East Asia indicates that coherent and
carefully crafted policies can accelerate shifts in competitiveness and promote entry into very
complex and high technology activities.
Methodology of the CIP Indicators at Macro Level
DIMENSIONS TRADE INDICATORS
Capacity Manufactured Exports ÷
Population
Ability to export
Impact Manufactured Exports (Country) ÷
Manufactured Exports (World)
Relative performance
Structural Change Manufactured Exports ÷
Total Exports
Structure of industry
Industrial Deepening Medium and High Tech Manufactured Exports
Manufactured Exports
EXPORT CAPACITY
This Competitiveness Industry Performance (CIP) index dimension measures the ability of the
country to export manufactured products, taking into consideration country size. In otherwards, it
shows the ability of the country’s population to manufacture for export.
The manufacturing export capacity of Kenya in 2014 is higher than other EAC countries at 57.4
USD, Tanzania follows at 45.9 USD, Rwanda at 25.7 USD, Uganda at 17.9 USD, and Burundi at
4.1 USD as shown in Figure 1 below.
Although there is steeper growth for almost all countries since 2004/5, the trends of the years
since 2012 seem a little worrying for Uganda, Tanzania and Kenya. Therefore there is need to
closely track this developments i.e. need to understand which products exported have caused this
(one product group, or all manufactured export?), or whether it was a particular destination
market that stopped importing from these countries.
6. The Manufactured Export (Mnf Exp) per capita of Kenya is 46.8 USD on average in the period
2000-2014, Tanzania at the average of 21.6 USD, Uganda at the average of 12.0 USD, Rwanda
at the average 10.7 USD, and Burundi at the average of 2.3 USD in that given period. The
manufacturing export capacity is fluctuating for all countries except Burundi (2000-2014) which
can be explained by the resource based nature of products produced by the countries. However,
subsector analysis would help to better explain these trends.
Figure 1; Shows Export Manufacturing Capacity of the East African Community (EAC)
Partner Countries
Source: UN Comtrade
EXPORTS IMPACT
It shows the relative performance of the EAC Countries’ Manufactured Exports (Mnf Exp) on
the global perspective. Gains in world market shares reflect improved competitiveness while
losses signal a deterioration of a country’s competitive position.
The share in World Mnf Exp for Kenya is far higher than other partner countries just like how it
is with export capacity. Burundi also has the lowest export impact in the region. This perhaps
indicates that Kenya is more competitive in terms of exports than other EAC countries since its
capacity and impact dimensions are above others. However, more indication can be obtained
from the structural change.
7. A steady increase of the share in World Mnf Exp was identified in the region, and more
particularly Tanzania and Rwanda have been doubling their impact to the world of the given
period i.e. 2000, 2007, 2014 as shown by Figure 2. This means that the growth rate of Mnf Exp
of the EAC was faster than the world average growth rate.
While all countries have increased their shares when comparing 2000 and 2014 values, only
Tanzania, Uganda and Rwanda were able to increase their presence globally between 2007 and
2013. Kenya and Burundi have been falling behind in between 2007 and 2014. That’s also why
there is a shrinking of the gap between Kenya and Tanzania, in the rest years.
Despite the above achievement, the average contribution to the World Mnf Exp for the selected
countries is still very minimal (about 0.006%) according to the period considered.
Figure 2; Shows the Share of Manufactured Exports to the World Manufactured Exports
Source: UN Comtrade
EXPORT STRUCTURAL CHANGE
This dimension is able to access the changes in the country’s share of Manufactured Exports
(Mnf Exp) in relation to the total exports as well as the technology applied. It captures the
change in the role of manufacturing in export activity.
As shown on Figure 3, there has been improvement in the role of manufacturing in export
activity for all the countries depicted by the movements to the right except for Kenya, between
8. 2005 and 2014. This indication shows a difference in trade competitiveness because in the
previous analysis (capacity and impact), Kenya is above other EAC partner countries. This
means Kenya’s prioritisation of Mnf Exp in their total exports for the period under consideration
has decreased but this does not mean a decrease in the volume. Hence Kenya may be
concentrating on other sectors of the Economy. Also note that Kenya has an average share of
Mnf Exp in total exports of 50.6%, Rwanda 50.0%, Tanzania 36.7%, Uganda 37.2% and
Burundi 19.0% for the period observed.
The technological complexity of products in Mnf Exp registered a minor improvement between
2005 and 2014 for the EAC countries except Uganda and Burundi. This is a common tendency
for small and low income countries because the opening or closing of one big firm will have a
large impact on the industrial deepening. Also note that Burundi presented higher share of
Medium and High-Tech (MHT) products in Mnf Exp of 33.4% on average, followed by Uganda
(21.4%), Kenya (21.2%), Tanzania (16.4%), and Rwanda with the lowest of 9.3% on average for
the period under consideration. Burundi’s share of MHT products in Mnf Exp depicts a better
trade industrial deepening in the EAC region.
EAC’s annual average growth of manufactured exports in the total exports is approximately
8.1% between 2005 and 2014 with Uganda, Tanzania, Burundi and Rwanda moving on target
except for Kenya which has a decrease, hence partner states are giving manufacturing due
priority in the export process. On the other hand, the share of MHT Mnf Exp in manufactured
exports of EAC stands at an average performance of 20.3% in that period which demonstrates a
low level of technology sophistication of manufactured exports, hence implying there is a risk of
attracting low prices on world markets, demand fluctuations since they are easy to manufacture
(low-tech), etc.
Figure 3; Shows the Change in Trade Structure of Manufactured Exports
9. Source: UN Comtrade
Market Distribution in EAC
There are a number of reasons for this lack of manufacturing activities both on the supply as well
as on the demand side. This section will explore the demand side factors, namely the market
potentials for EAC and or Ugandan firms as well as existing threats by foreign competition. The
exploitation of market potentials is the key to success for any manufacturing enterprise that aims
to increase its sales and achieve a sustainable competitive advantage. Even more so, profit
seeking entrepreneurs who consider investing in industry will only do so if an attractive market
attracts their attention. Accordingly, market demand can be considered a key driving force for
the emergence of a competitive manufacturing.
Comparing EAC Intra-Regional Manufactured Trade with Other Regions…
10. Source: UN Comtrade
Analysis of Individual Member Countries’ Performance in the EAC’s Contribution
2000 2014 00-10 10-14 00-14 2000 2014 00-10 10-14 00-14 2000 2014 00-10 10-14 00-14
Kenya 343,984 1,095,133 13% -2% 9% 109,658 541,330 19% -4% 12% 132,421 939,314 18% 8% 15%
Tanzania 20,370 326,116 33% -1% 22% 16,880 844,055 35% 25% 32% 91,974 1,206,212 29% 0% 20%
Uganda 6,870 297,948 39% 13% 31% 7,356 107,384 36% -9% 21% 15,936 269,677 15% 44% 22%
Rwanda 3,718 156,007 7% 114% 31% 6,496 50,428 10% 33% 16% 12,248 85,204 19% 4% 15%
Burundi 2,343 8,706 11% 6% 10% 49 26,876 65% 37% 57% 318 8,778 29% 20% 27%
ManufacturedExportstodestination(1,000USD)
Growthrate(CAGR) Growthrate(CAGR) Growthrate(CAGR)EAC SSA(exclEAC) RestofWorld
N.B: EAC as a Regional Market; Is the EAC working as a market for manufactured products?
Growth of Uganda’s Export to the Regional Bloc (2005/06 – 2014/15)
11. Source: Bank of Uganda
The COMESA regional bloc remained as the main destination for Uganda’s exports during the
period under review (2005/06 – 2014/15) with the share in total export earnings increasing on
average throughout the financial years (26.58% in 2005/06 to 53.71% in 2014/15). The trend for
COMESA has increased and more than doubled as compared to other regions in the period as
shown above.
The EU market ranked the second highest destination for Uganda’s products although the share
in total export earnings has been reducing to 21.87% (US$ 502.99 million) for 2014/15. The
decline has been on since dropping from 26.50% in 2010/11 to 24.16% in 2011/12, 22.97% in
2012/13, 22.01% in 2013/14 and 21.87% in 2014/15. Middle East bloc followed accounting for
9.29% (US$ 213.76 million) of the total market share in 2014/15 compared to 5.90% in 2013/14.
Asia, Rest of Africa, Rest of Europe, The Americas followed respectively as shown above.
Uganda’s Trade with COMESA
12. Source: Bank of Uganda
Among the COMESA partner states that contributed significantly to export earnings were
Kenya, South Sudan, Rwanda, D.R. Congo, accounting for US$ 374.75 million, US$ 309.66
million, US$ 253.54 million and US$ 160.16 million in 2014/15 respectively (88.89%
composition of Uganda – COMESA trade) as shown above.
South Sudan registered the highest growth rate in market share of export from Uganda to
COMESA (75.94%) between 2005/06 and 2014/15 hence meaning it’s an attractive market for
the future. The growth rate figure is both above the regional growth rate (20.94%) and Uganda
export trade growth rate (11.85%). The other countries with similar partners are Madagascar,
Namibia, Rwanda, and Kenya in that order. The COMESA partner states that are below Uganda
to COMESA growth rate but above Uganda export trade growth rate are Ethiopia, D.R. Congo
and Zambia, while the others are below Uganda export trade growth rate as shown in the figure
below.
13. Source: Bank of Uganda
Uganda's exports are largely destined for regional markets, particularly in neighbouring countries
like South Sudan, the Democratic Republic of Congo (DRC), and Rwanda.
14. Top 10 Formal Export Destinations, 201`5 (US$ million)
COUNTRY Value
(US$ mil.)
Main Products
Kenya 448.19 Tea, tobacco, dairy products
South Sudan 253.92 Oil products, beer, sugar, vegetable oils
Rwanda 214.68 Iron/steel products, confectionery, cosmetics, grains (maize, beans)
UAE 205.99 Fish fillets, fruits and vegetables
DR Congo 143.05 Cereals
Sudan 77.16 Coffee, tea
The Netherlands 75.01 Flowers, fruits and vegetables, fish
China 57.64 Hides/Skins, oil seeds, Coffee, Sim Sim
Tanzania 62.23 Iron/steel, re-exports
Burundi 43.62 Cement, iron/steel, animal/vegetable oils and fats
Import Substitution as an Opportunity in the Domestic Market
Starting from the assumption that national firms should be in a better position to identify
opportunities and meet the demand in their home market, a strong import dependency is difficult
to comprehend at first glance. However, with globalisation progressing rapidly and trade
liberalisation spreading across most developing regions, the new “rules of the game” enable
multinational firms to easily exploit market potentials on a global scale. Consequently, the strong
presence of foreign products is sometimes perceived as a threat for local manufacturers in Africa.
Yet, if domestic firms do not shy away from serious investments in productive capacities and
simultaneously benefit from a conducive policy environment, the chances for national
competitors to emerge are high. The bottom line is that while large trade deficits can be deemed
a serious threat from the macro-economic perspective, they also point to significant unused
market opportunities for domestic producers.
However, not all manufactured products have the same characteristics, and it is therefore
necessary to identify the most attractive domestic markets which are likely to be more suitable
for an import-substitution strategy. While the listed product categories are rather diverse, the
following common characteristics deserve attention:
There is substantial demand for all these product categories in the domestic market which
is currently being met by goods produced outside EAC.
Domestic demand for each product category is growing by more than 18 percent
annually, offering plenty of future opportunities for local producers of these goods.
With one exception (wheat), all categories are manufactured products and ten of the
twenty categories are medium-technology manufactures.
15. In addition, there have been concerns regarding the stiff competition of imported manufactured
goods (new and second-hand items) to similar manufactures produced locally. In this regard,
there have been calls from local manufacturers for a policy to shield them from cheap and (most
likely) better imported products, given that they are still infant manufacturing firms (the infant
industry protection/import substitution argument). However, Uganda's manufacturing sector
seems to be more competitive relative to other countries in East African Community individually
and the region as a whole.
Main Imports by Regions (2005/06 – 2015/16)
Source: Bank of Uganda
The Asian Continent kept its place as the main source of Uganda’s imports throughout the period
under review(2005/06 – 2015/16) although its market share in Uganda’s import bill declined
slightly from 53.29% (US$ 2,703.52 million) in 2013/14 to 51.09% (US$ 2,256.02 million) in
2015/16 as shown above.
The African Continent came second, with an import bill of US$ 971.93 million in 2015/16,
representing an estimate of 22.01% of the market share in Uganda’s imports. Of these, the
COMESA regional bloc alone accounted for 15.50% (US$ 684.33 million) of the total imports
expenditure, of which again, Kenya recorded the highest share (12.73%) in that period of
2015/16. Among the countries in the rest of Africa, South Africa accounted for the highest share
of 4.63% (US$ 204.57 million) of the total imports bill in the period.
16. The Middle East ranked third, with a slight increase in the Uganda imports expenditure of the
recent periods from US$ 546.17 million (10.95% share) in 2014/15 to US$ 549.28 (12.44%
share) in 2015/16. The increase is mainly due to increases in expenditures from United Arab
Emirates and Saudi Arabia of 69.64% (from US$ 196.38 in 2005/06 to 333.14 million in
2015/16) and 431.36% (from US$ 30.67 in 2005/06 to 162.97 million in 2015/16) respectively.
However, the import bill from the Middle East countries tremendously reduced in 2011/12 from
US$ 848.49 million to US$ 590.95 million in the next financial year (2012/13) representing a
reduction of 43.58%.
The European Union (EU) bloc in the European Continent was the main source of imports whose
share significantly declined according to the years under review, from 20.11% in 2005/06 to
10.28% in 2015/16. Its loss of market share of Uganda import bill is attributed to the persistent
increases realised by Asia which had a similar share of 26.90% in 2005/06 but was able to almost
double it through the period to 51.09% in 2015/16. It’s also partly due to a significant decline in
the import bill for France from US$ 159.70 million (3.93%) in 2008/09 to US$ 35.64 million
(0.81%) in 2015/16 and United Kingdom from US$ 139.04 million (33.80%) in 2009/10 to US$
65.39 million (1.48%) in 2015/16.
Source: Bank of Uganda
According to the figure above, Uganda decreased its import expenditure bill from the top 4 Asian
Countries except those of China from the financial year 2014/15 to 2015/16. That perhaps also
justifies the overall deduction in of Asia imports into the country which is a good step forward as
17. we try to address the issue of the trade deficit as well as implementing the import substitution
strategy. For instance, Indian’s expenditure share on Uganda – Asia import bills decreased from
42.96% in 2014/15 to 37.15% in 2015/16.
NOTE:
Overall, the country continued to export low valued products (largely-unprocessed, primary
products) as compared to the high value imported manufactured goods leading to widening trade
deficit. This should be a major concern, given that agricultural practices in Uganda remain
overwhelmingly subsistence-focused, providing little impetus for stimulating the growth of value
added manufacturing.
Does Import Dependency Pose a Threat to Domestic Manufacturers Today?
In many cases, developing countries do not possess the required capacities in the industrial sector
to satisfy the increasing demand for manufactures resulting from their economic and social
progress and the emergence of a middle class. Accordingly, consumers as well as businesses will
look abroad to purchase the required goods from other countries. Following a rapid increase in
the last decade, the sectoral trade balance for manufactures accumulated to roughly 5.6 billion
USD in 2010.
Although the widely discussed effect of the rapidly growing demand for oil is indeed substantial,
it is rather surprising to see that this only accounts for less than 40% of the current trade deficit
in manufactured products. Moreover, high-technology as well as low technology manufactures
also show a considerable trade deficit, while resource-based manufacturing is the only sub-
category that managed to change course and generate a trade surplus along with the primary
commodity sector.
GROUP NAME GROUP DESCRIPTION
EU27 European Union 27 Members
SSA Sub-Saharan Africa
COMESA Common Market for Eastern and Southern Africa
EAP East Asia Pacific
LAC Latin America and Caribbean
MENA Middle East and North Africa
NA North America
SA South Asia
SADC Southern African Development Community
SSA Sub-Saharan Africa
ECOWAS Economic Commission for West African Country