Mitigating the Effects of the Credit Crunch through Trade: The Case of Uganda

"This paper analyzes how Uganda could exploit export market diversification as one of the possible responses to the potential impacts of the global financial crisis. It provides an overview of the possible impact of the crisis on the macroeconomic outlook and ways in which the effects can be mitigated with regard to casting a wider export destination for Uganda’s products. The analysis indicates that Uganda can diversify her export markets by capitalizing on the regional market as well as emerging markets in Asia, the Middle East and Europe."