An analysis of the heavily indebted poor countries initiative in Uganda
Master Thesis
2011
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University of Cape Town
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This mini dissertation analyses the claims that Uganda is the success story of the Heavily Indebted Poor Countries (HIPC) Initiative. Uganda was the first country to qualify for debt relief under this debt management programme, and has a reputation for being able to address its economic and social problems simultaneously. Furthermore, the manner in which Uganda has engaged with civil society has also received praise. Thus, some scholars believe that the country offers a model example for indicating the effectiveness of debt management programmes in general, and the HIPC Initiative in particular. However, other scholars are more critical, claiming that the successes that Uganda has experienced under the HIPC Initiative have been short lived, and have also compounded the country‘s indebtedness. There is therefore a robust debate in the literature regarding this topic as some scholars take a more optimistic view of the impact of the HIPC Initiative in Uganda, and other scholars take a more pessimistic stance. This mini dissertation surveys these contrasting views in the literature, and argues that because the HIPC Initiative failed to deliver the promises that it made Uganda was unable to sustain its achievements under the programme. The dissertation concludes that Uganda is not an HIPC Initiative success story.
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Reference:
Radebe, M. 2011. An analysis of the heavily indebted poor countries initiative in Uganda. University of Cape Town.