Browsing by Author "Musoke, David"
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- ItemInflation and the economic growth of Uganda (2000-2018)(Kampala International University, College of Economics and Management, 2019-06) Musoke, DavidThe topic of the study was inflation and the economic growth of Uganda (2000-2018). The purpose of the study was to assess the effect of Inflation on Economic Growth in Uganda (2000-2018) and the specific objectives of the study were to examine the trend of Inflation in Uganda (2000-2018), to find out the level of Economic Growth of Uganda (2000-2018) and to establish the relationship between Inflation and Economic Growth (2000-2018). The null hypothesis was that there is no significant relationship between Inflation and Economic Growth versus the alternative that there is a significant relationship between Inflation and Economic growth. The findings of the study revealed that currently the inflation of Uganda is increasing but at a slow rate and due to the reduction in inflation, economic growth is improving highly as Uganda registered a great improvement in Economic growth in 2018 since 2000 and it was found out that the highest inflation rate was experienced in 2012. The study also found out that there is a weak positive linear relationship between inflation and economic growth meaning that as inflation increases at a low rate economic growth increases by 23.8 14. This means that to increase economic growth highly, inflation should be curbed down. The study recommended that the government should implement policies that can curb down inflation to improve economic growth and that the government should curb down inflation in the short run since it affects economic growth in the long run. The study suggested the areas for further study to be causality relationship between inflation and Economic in Uganda and Long run and short run effect of inflation on the economic growth of Uganda. The findings of the study revealed that currently the inflation of Uganda is increasing but at slow rate and due to the reduction in inflation, economic growth is improving highly as Uganda registered a great improvement in Economic growth in 2018 since 2000. The study also found out that there is a weak positive linear relationship between inflation and economic growth meaning that as inflation increases at a low rate economic growth increases by 23.814. This means that to increase economic growth highly, inflation should be curbed down.