Tag Archives: GDP

Changes to how wealth is generated and distributed require new social contract for a digital age COMMENT| Manuel Muñiz | Macroeconomic data from the world’s advanced economies can be mystifying when viewed in isolation. But when analysed collectively, the data reveal a troubling truth: without changes to how wealth is …

But experts wonder if economy can survive local and regional political turmoil Kampala, Uganda | JULIUS BUSINGE | There is some good news for Uganda’s economy finally. The Central Bank’s latest annual report shows a sharper GDP growth in 2016/17 than had earlier been estimated. The FY2016/2017 growth figures released on …

  Washington, United States | AFP | The US economy grew at its fastest pace in more than two years in the second quarter, hitting President Donald Trump’s goal for the first time since he took office, according to data released Wednesday. Higher consumer spending and business investment prompted a sharp …

Beijing, China | AFP | China’s economy lost momentum in the second quarter, a survey shows, as Beijing’s efforts to curb risky lending and investment took a toll on the Asian powerhouse. The world’s second-largest economy expanded by 6.8 percent in the April-June period, compared with a year ago, according …

Pretoria, South Africa| Jakkie CILLIERS | ISS TODAY|  As part of the ‘Africa rising’ narrative, much has been made of the continent’s growth story. The global recession of 2007/8 hit Africa hard, but it remained remarkably resilient, with growth forecast to 2030 at around 1.3% faster than average growth rates …

The International Monetary Fund (IMF) expects Uganda’s gross domestic product growth to record anywhere between 3.5%-4% in FY2016/17, lower than 5% that had earlier been projected. This was announced on Tuesday by Axel Schimmelpfennig, the head of IMF mission that visited Kampala, Uganda from May 2-15, 2017 to conduct the …

  THE LAST WORD: By Andrew M. Mwenda  How politics, not the drought, explains the current famine our country is experiencing According a report by the government of Uganda last week nearly 11 million people in this country do not have enough food to eat. I have concerns with the …

COMMENT: By Jim O’Neill Globalisation’s critics – those wrongly considering it a zero-sum game –won’t fight global poverty I was recently in beautiful Chile for a Futures Congress, and I had a chance to travel south to the very tip of Latin America. I also recently made a BBC radio …

COMMENT: By Paola Subacchi Once seen as modern witch doctors with exclusive knowledge, economists are now despised `experts’ Is the economics profession “in crisis”? Many policymakers, such as Andy Haldane, the Bank of England’s chief economist, believe that it is. Indeed, a decade ago, economists failed to see a massive …

THE LAST WORD: By Andrew M. Mwenda Don’t judge Uganda by where it is but by the speed at which it is growing I have been arguing that Uganda’s economy has been growing at an impressive rate over the last 30 years. Many readers have written to me saying that …