• Latest

Why Growth should be at the heart of Development in Uganda

November 24, 2021
Traffic Penalty System Over Public Concerns

Traffic Penalty System Over Public Concerns

July 13, 2025

Inside Muzigo Life: The Noosty Girls Next Door

July 13, 2025
VINAStech Advert
Gender Ministry, Enabel Equip Local Governments to Promote Human Rights in Business

Gender Ministry, Enabel Equip Local Governments to Promote Human Rights in Business

July 12, 2025
EDITORIAL: The Missing Men in Reproductive Health

EDITORIAL: The Missing Men in Reproductive Health

July 12, 2025
Civil Society Groups Condemn EACOP Financing

Op-Ed: Why oil is not a critical mineral

July 12, 2025

Op-Ed: How Uganda can build a sustainable and competitive critical minerals sector

July 12, 2025

Ntare Student Found Dead in River Rwizi Days After Suspension

July 11, 2025
Police Identifies Body Discovered Floating on River Rwizi as Ntare Student

Police Identifies Body Discovered Floating on River Rwizi as Ntare Student

July 11, 2025
Unidentified Body Recovered from River Rwizi Sparks Police Investigation

Unidentified Body Recovered from River Rwizi Sparks Police Investigation

July 11, 2025

IG to Probe Kampala’s Rising Mansions in Anti-Corruption Drive

July 11, 2025
DF to Begin  Nomination Process On Friday

DF to Begin Nomination Process On Friday

July 10, 2025

dfcu Limited Declares Record Dividend After Posting Strong FY2024 Results

July 10, 2025
  • About Us
  • Internship
  • Contact Us
Sunday, July 13, 2025
Parrots Media
No Result
View All Result
  • Login
  • News
    Gender Ministry, Enabel Equip Local Governments to Promote Human Rights in Business

    Gender Ministry, Enabel Equip Local Governments to Promote Human Rights in Business

    IG to Probe Kampala’s Rising Mansions in Anti-Corruption Drive

    Dokolo District Schools Inspector On the Spot Over Forgery of Academic Papers

    UEDCL Marks 100 Days of Progress After Taking Over Electricity Distribution

    UEDCL Marks 100 Days of Progress After Taking Over Electricity Distribution

    Baby Coach Bus Involved in Crash

    Baby Coach Bus Involved in Crash

    Rising Murder Fears in Ishaka-Bushenyi as Two Bodies Are Discovered in a Day

    Father Killed in Domestic Violence in Kwania District

    Trending Tags

  • Climate Change
  • Business
  • Science and Technology
  • Sports and Entertainment
  • Business
  • Others
    • Education
    • Lifestyle
    • Religion
    • Opinions
  • News
    Gender Ministry, Enabel Equip Local Governments to Promote Human Rights in Business

    Gender Ministry, Enabel Equip Local Governments to Promote Human Rights in Business

    IG to Probe Kampala’s Rising Mansions in Anti-Corruption Drive

    Dokolo District Schools Inspector On the Spot Over Forgery of Academic Papers

    UEDCL Marks 100 Days of Progress After Taking Over Electricity Distribution

    UEDCL Marks 100 Days of Progress After Taking Over Electricity Distribution

    Baby Coach Bus Involved in Crash

    Baby Coach Bus Involved in Crash

    Rising Murder Fears in Ishaka-Bushenyi as Two Bodies Are Discovered in a Day

    Father Killed in Domestic Violence in Kwania District

    Trending Tags

  • Climate Change
  • Business
  • Science and Technology
  • Sports and Entertainment
  • Business
  • Others
    • Education
    • Lifestyle
    • Religion
    • Opinions
No Result
View All Result
Parrots Media
No Result
View All Result
Home RELIGION

Why Growth should be at the heart of Development in Uganda

Gilbert Akampa Kakurugu by Gilbert Akampa Kakurugu
November 24, 2021
in RELIGION
0

Byamugisha Ambrose

0
SHARES
0
VIEWS
Share on FacebookShare on X

‘‘Historically nothing has worked better than economic growth in enabling societies to improve the life chances of their citizens, including those at the very bottom.’’ Byamugisha Ambrose Muhoozi, MD Ambrosoli Consult Uganda Ltd. 

Economic growth is the most powerful instrument for reducing poverty and improving the quality of life in developing countries. Both cross-country research and country case studies provide overwhelming evidence that rapid and sustained growth is critical to making faster progress towards the Millennium Development Goals – and not just the first goal of halving the global proportion of people living on less than $1 a day.

READ ALSO

Police Urge Vigilance Amid Ongoing Terror Threats

Journalists blocked from Martyrs Day Venue

Growth can generate virtuous circles of prosperity and opportunity. Strong growth and employment opportunities improve incentives for parents to invest in their children’s education by sending them to school. This may lead to the emergence of a strong and growing group of entrepreneurs, which should generate pressure for improved governance. Strong economic growth therefore advances human development, which, in turn, promotes economic growth.

But under different conditions, similar rates of growth can have very different effects on poverty, the employment prospects of the poor and broader indicators of human development. The extent to which growth reduces poverty depends on the degree to which the poor participate in the growth process and share in its proceeds. Thus, both the pace and pattern of growth matter for reducing poverty.

ADVERTISEMENT

Uganda needs a successful strategy of poverty reduction, and must have at its core measures to promote rapid and sustained economic growth. The challenge for policy is to combine growth promoting policies with policies that allow the poor to participate fully in the opportunities unleashed and so contribute to that growth. This includes policies to make labor markets work better, remove gender inequalities and increase financial inclusion.

Forexample, Asian countries are increasingly tackling this agenda of ‘inclusive growth’. India’s most
recent development plan has two main objectives: raising economic growth and making growth more inclusive, policy mirrored elsewhere in South Asia and Africa. Future growth will need to be based on an increasingly globalised world that offers new opportunities but also new challenges. New technologies offer not only ‘catch-up’ potential but also ‘leapfrogging’ possibilities. New science offers better prospects across both productive and service sectors.

Future growth will also need to be environmentally sustainable. Improved management of water and other natural resources is required, together with movement towards low carbon technologies by both developed and developing countries. With the proper institutions, growth and environmental sustainability may be seen as complements, not substitutes.

More and better research on the drivers of growth will be needed to improve policy in Uganda . But ultimately the biggest determinants of growth in a country will be its leadership, policies and institutions.

Ambrose Byamugisha Muhoozi, the Author is a Managing director , Ambrosoli Consult Uganda Limited
He can be contacted on: ambrosoli.consult@gmail.com

Tags: Ambrosoli Consult Uganda LtdByamugisha Ambrose Muhoozi

Related Posts

Police Urge Vigilance Amid Ongoing Terror Threats
Religion

Police Urge Vigilance Amid Ongoing Terror Threats

June 6, 2025
Journalists blocked from Martyrs Day Venue
RELIGION

Journalists blocked from Martyrs Day Venue

June 3, 2025
News

Malawian, Tanzanian Students Jet In for Uganda Martyrs Essay Awards

June 2, 2025
Religion

UPC Urges Reflection and Reform Ahead of Uganda Martyrs Day

May 28, 2025
News

Kasujja Warns Against Secularism as UMU Trains Chaplains to Tackle Youth Crisis

May 26, 2025
Uganda Martyrs Essay Competition Expands Across East Africa
RELIGION

Uganda Martyrs Essay Competition Expands Across East Africa

May 23, 2025
Next Post
Security guard arrested for abandoning gun

Security guard arrested for abandoning gun

POPULAR NEWS

Catholic Priest Speaks Out Against Museveni and Son’s Leadership

Catholic Priest Speaks Out Against Museveni and Son’s Leadership

February 16, 2025

Former IGP Okoth Ogola Dies

February 14, 2025

A Love Beyond Distance: A review of Leonard Kamugisha Akida’s poetic tribute on valentine’s day

February 14, 2025

Besigye Sends Easter Message from Luzira Prison as Archbishop Kazimba Urges for Release of Political Prisoners

April 18, 2025
Brutality at KIU: Students Assaulted by Officials at Examination Hall

KIU Loses Bid to Block Payment of Shillings 46.8 Billion to Housing Finance Bank

March 12, 2025

EDITOR'S PICK

NEMA Pushes for Total Ban on Single-Use Carrier Bags

We can beat plastic pollution through Operationalizing plastic laws

June 4, 2025

Another School Catches Fire In Mbarara

June 27, 2022
CMI officer shots man over a woman.

Woman arrested,another on run for stealing a Laptop.

March 12, 2021

Thugs Break Into Rakai Church, Run Away With PA, Hymn Books And Lighting System

February 25, 2023
VINAStech advert VINAStech advert VINAStech advert
ADVERTISEMENT

About

Parrots Media

A Public Relations and Media Services Company registered and licensed to operate in Uganda and the Great Lakes Region.

Follow us

Categories

  • Business
  • BUSINESS REPORTS
  • CLIMATE ACTION REPORTS
  • Climate Change
  • COMMUNITY REPORTS
  • Education
  • Entertainment
  • FEATURES
  • Health
  • Lifestyle
  • News
  • News
  • OBITUARY
  • Obituary
  • Opinions
  • RELIGION
  • Religion
  • Science and Technology
  • Sports
  • Sports and Entertainment
  • TOURISM

Recent Updates

  • Traffic Penalty System Over Public Concerns
  • Inside Muzigo Life: The Noosty Girls Next Door
  • Gender Ministry, Enabel Equip Local Governments to Promote Human Rights in Business
  • EDITORIAL: The Missing Men in Reproductive Health
July 2025
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
28293031  
« Jun    
  • About Us
  • Internship
  • Contact Us

© 2025 Parrots Media | Website Designed and Maintained by VINAStech

No Result
View All Result
  • Parrots Media
  • News
  • Business
  • Science and Technology
  • Sports and Entertainment
  • Lifestyle
  • Others
    • Climate Change
    • Education
    • Religion
    • Opinions

© 2025 Parrots Media | Website Designed and Maintained by VINAStech

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

You cannot copy content of this page