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Credit and Reduction of Poverty in Uganda - Structural Adjustment Reforms in Context (Paperback)
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Credit and Reduction of Poverty in Uganda - Structural Adjustment Reforms in Context (Paperback)
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Ugandas National Resistance Movement (NRM) government has used
credit as one of the policy strategies to reduce poverty levels.
This study examines the effectiveness of that policy. It traces the
ascendance to power of NRM in 1986, when the country was in crisis,
devastated by years of political turmoil and economic
mismanagement; and illustrates how the NRM, with the assistance of
the World Bank and the IMF, embarked on a multi-pronged strategy to
reconstruct the economy and improve living conditions. Issues
explored are the extent to which the sweeping reforms impacted on
the welfare of the rural poor; the extent to which credit
programmes have economically empowered the rural poor; and further
examines whether credit initiatives created economic sustainability
for the beneficiaries. Dr. William Muhumuza is an Associate
Professor in the Department of Political Science at Makerere
University. He specialises in the study of political economy with a
focus on rural development and good governance.
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