Uganda Securities Exchange Dissertation or Thesis

Uganda Securities Exchange
An in-depth look at the Uganda Securities Exchange in light of Uganda's economic growth.
# 152059 | 17,476 words | 71 sources | APA | 2012 | PK
Published on Nov 26, 2012 in Economics (International)

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This study investigates the role of the Uganda Securities Exchange (USE) in Uganda's economic growth. It is divided into five chapters and provides information on Uganda's background, the country's current economic and political climate and examines the recent economic reforms that led to the creation of the USE. It also addresses the issue of Uganda's securities markets and makes suggestions and recommendations for future investigations. The paper includes charts and tables with relevant information and seven appendices.

Background of the Study
Economic reforms
The Uganda Securities Exchange
Objectives of the study
Objectively Verifiable Indicators
Scope of the study
Significance of the study
Literature Review
Capital Markets
Sources of finance
Capital Markets in Uganda
Uganda's Financial Sector
Securities/ Stock Markets in Developing countries
The Role of the Securities Markets
Pro-poor growth
Finance Mistakes of Developing Countries and Suggestions to Overcome This
Research Design
Survey Population
Sample size
Data collection methods
Documentary Reviews
Data Processing and Analysis
Challenges encountered in the Study
Analysis and Findings
Overall Perspective
Operational Analysis
Growth and Liquidity
Consistency in Performance
Investor Participation
Developing a regional market
Regional observation
Capital Markets Integration
Challenges of Capital Markets Integration
Political Factors
Economical Factors
Social Factors
Technological Factors
Legal Factors
Findings on Industry Perception
Challenges facing Uganda's Securities Market
Conclusions and Recommendations
The Global Credit Crunch: Who's to blame?
Suggested Further Research

From the Paper:

''The above reforms were orchestrated by the World Bank and IMF as part of their structural adjustment progammes for LDCs. Within Uganda the reforms fell into the Public Enterprises Reforms and Divestiture (PERD). Such programmes were aimed at reducing the size of public enterprises by transferring these activities to the private sector through privatization; to commercialize the few public enterprises retained by the government and ensure that they generate profits; to rationalize fiscal and monetary policies to make it less costly for government to keep transferring money to wasteful loss making public sector enterprises. The reforms resulted in the selling off of many government owned companies including the Uganda Bottling Company, the Diary Corporation, over six top hotels, the Uganda Commercial Bank to name but a few. The privatization process did not go without controversy but we will concentrate on the relationship between those reforms and the subject of this study.
''One of the outcomes of the reforms was trade liberalization which led to the set up the Capital Markets Authority leading to the development of the Uganda Securities Exchange which is the main focus of the study.''

Sample of Sources Used:

  • Atingi-Ego, Michael, 2005, "Budget Support, Aid Dependency, and Dutch Disease: The Case of Uganda," paper presentation at Budget Support Conference May 5-6 Cape Town.
  • Baldacci, Emanuele, Arye L. Hillman, and Naoko C. Kojo, 2004, "Growth, Governance, and Fiscal Policy Transmission Channels in Low-Income Countries," European Journal of Political Economy, Vol. 20 (September), pp. 517-49.
  • Baldacci, Emanuele, Benedict Clements, Sanjeev Gupta, and Qiang Cui, 2004, "Social Spending, Human Capital, and Growth in Developing Countries: Implications for Achieving the MDGs," IMF Working Paper No. 04/217 (Washington: International Monetary Fund).
  • Batchelor, C. 2006: Emerging markets enter the mainstream, Financial Times, 24/25 June. Pg. 9.
  • Bates, Robert R., 2005, "Political Reform," CID Working Paper No. 114 (Cambridge, Massachusetts: Center for International Development at Harvard University).

Cite this Dissertation or Thesis:

APA Format

Uganda Securities Exchange (2012, November 26) Retrieved November 29, 2020, from

MLA Format

"Uganda Securities Exchange" 26 November 2012. Web. 29 November. 2020. <>