01763cas a2200241 a 4500 AALejournalIMF003204 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451858457 1018-5941 BD-DhAAL BD-DhAAL Nkusu, Mwanza. Financing Uganda's Poverty Reduction Strategy : Is Aid Causing More Pain Than Gain? / Mwanza Nkusu. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (30 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Uganda's market-friendly development strategy and poverty reduction agenda have attracted large financial inflows, including aid. During 2000-02, concerns about a possible aid-induced Dutch disease were heightened by widening macroeconomic imbalances and an upward trend in the real effective exchange rate (REER). This paper shows that the REER remained broadly stable during a 10-year period and nontraditional exports increased remarkably, contrary to the predictions of the Dutch disease model. Also, economic growth was strong. This good performance is attributed to sound macroeconomic policies and important structural reforms, which have allowed an increased use of available production factors. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2004/170 Full text available on IMF http://elibrary.imf.org/view/journals/001/2004/170/001.2004.issue-170-en.xml IMF e-Library