Although many countries in the world including Uganda witnessed high rates of economic growth in the last three decades, the strong growth has failed to holistically deliver the expected prosperity. Amidst Uganda's strong growth of about 7% per annum, of the recent decades, poverty, unemployment and inequality have remained pervasive especially in the rural areas; an indication that the growth process has not been pro-poor and inclusive of the deprived. Agriculture which is the sector employing majority of Uganda's poor has also not developed much; within the same period the sector grew at an average rate of 2% per annum and its productivity has remained considerably low. This chapter reviews the trending conception of inclusive economic growth, and its relevance to Uganda's development process. In its final section, the chapter assesses the factors that affect agricultural productivity and it discusses the most effective means of raising productivity in order to make the growth process of the country more broad-base, pro-poor and inclusive.

This study assesses the effect of world oil price shocks on Uganda’s official development assis-tance using Structural Vector Autoregressive Model (SVAR). The results in this study show in-significant pass-through effect of world oil price shocks to Uganda’s Official Development As-sistance received in the period under the study. The policy implication in this study is that Offi-cial Development Assistance received by Uganda is independent of world oil price shocks.

Although many countries in the world including Uganda witnessed high rates of economic growth in the last three decades, the strong growth has failed to holistically deliver the expected prosperity. Amidst Uganda's strong growth of about 7% per annum, of the recent decades, poverty, unemployment and inequality have remained pervasive especially in the rural areas; an indication that the growth process has not been pro-poor and inclusive of the deprived. Agriculture which is the sector employing majority of Uganda's poor has also not developed much; within the same period the sector grew at an average rate of 2% per annum and its productivity has remained considerably low. This chapter reviews the trending conception of inclusive economic growth, and its relevance to Uganda's development process. In its final section, the chapter assesses the factors that affect agricultural productivity and it discusses the most effective means of raising productivity in order to make the growth process of the country more broad-base, pro-poor and inclusive.