Foreign Direct Investment Inflows, Volatility and Economic Growth in Uganda.

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dc.contributor.authorNatukunda, Lillian
dc.date.accessioned2026-07-20T12:06:21Z
dc.date.available2026-07-20T12:06:21Z
dc.date.issued2023-10-13
dc.descriptionThis is a master's thesis.
dc.description.abstractThis study aimed at examining the effect of FDI inflows and FDI-inflow volatility on economic growth in Uganda. Although Uganda has targeted annual growth of about 8% per year over a thirty-year period to become a modern state, GDP growth has annually remained below target. This is despite the liberalized investment climate. The study thus set out to establish how FDI inflows and FDI-inflow volatility affected growth in the country. Time series data for the period 1991-2020 are used in the analysis. The empirical model is estimated by the method of Auto Regressive Distributed Lag (ARDL). Results show that FDI inflows have a positive and significant effect on Uganda’s GDP both in the short run and in the long run whereas volatility positively affected GDP in the short run but with a negative long run effect. The study thus recommends broadening of FDI inflows as well as streamlining of the investment code to reduce FDI volatilities.
dc.description.sponsorshipDr. Joyce Abaliwano, (PhD) (Makerere University Business School) & Mr. Alex Mugarura, (Makerere University Business School)
dc.identifier.citationNatukunda, L. (2023). Foreign Direct Investment Inflows, Volatility and Economic Growth in Uganda. (Unpublished master's dissertation). Makerere University Business School, Kampala, Uganda.
dc.identifier.urihttp://hdl.handle.net/20.500.12282/6049
dc.language.isoen
dc.publisherMakerere University Business School
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 United Statesen
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/us/
dc.titleForeign Direct Investment Inflows, Volatility and Economic Growth in Uganda.
dc.typeThesis
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