Foreign Aid And Economic Growth In Uganda (2000 To 2010)

Subscribe to access this work and thousands more

Abstract

The title of this study is Foreign Aid and Economic Growth in Uganda (2000 to 2010). Its objectives were; to establish the trend of Foreign Aid in Uganda (2000-2010), to establish the trend of GDP growth of Uganda (2000-2010), to investigate the relationship between Foreign Aid and GDP growth in Uganda (2000-2010), the hypothesis of the study was there is no relationship between Foreign Aids and GDP growth in Uganda. Analysis such as Correlation, regression analysis mechanisms was used, the sample size was a time series data from (2000 ~o 2010) indicating that the number of sample was eleven and the secondary data collected were entered in the record sheet and edited before analysis. The trend of Foreign Aid has shown a general increase mean while and GDP growth has also shown a general increase for the period under studied (2000-2010). Using the correlation, regression approach, there was a strong positive correlation between Foreign Aid and GDP growth (r = 0.904), also there was a relationship between Foreign Aid and GDP growth at 0.05 level of significance. In conclusion therefore, Foreign Aid and GDP growth has shown a general increase for the period under study, there was a strong positive correlation between Foreign Aid and GDP growth and their relationship was found to be significant at 0.05 level of significance. I would recommend the government to accept Foreign Aid which favors the country’s economic growth. I would also recommend the government to direct Foreign Aid to infrastructural development such as roads, hospitals, schools among others since these plays a vital role in economic growth.

Subscribe to access this work and thousands more
Overall Rating

0

5 Star
(0)
4 Star
(0)
3 Star
(0)
2 Star
(0)
1 Star
(0)
APA

SSA, R (2021). Foreign Aid And Economic Growth In Uganda (2000 To 2010). Afribary.com: Retrieved June 24, 2021, from https://afribary.com/works/foreign-aid-and-economic-growth-in-uganda-2000-to-2010

MLA 8th

Research, SSA. "Foreign Aid And Economic Growth In Uganda (2000 To 2010)" Afribary.com. Afribary.com, 04 Jun. 2021, https://afribary.com/works/foreign-aid-and-economic-growth-in-uganda-2000-to-2010 . Accessed 24 Jun. 2021.

MLA7

Research, SSA. "Foreign Aid And Economic Growth In Uganda (2000 To 2010)". Afribary.com, Afribary.com, 04 Jun. 2021. Web. 24 Jun. 2021. < https://afribary.com/works/foreign-aid-and-economic-growth-in-uganda-2000-to-2010 >.

Chicago

Research, SSA. "Foreign Aid And Economic Growth In Uganda (2000 To 2010)" Afribary.com (2021). Accessed June 24, 2021. https://afribary.com/works/foreign-aid-and-economic-growth-in-uganda-2000-to-2010