Effect Of Oil Price Shocks On Ugandan Economy

Introduction

This study explores the effect of oil price shocks on Ugandan economy. In studying the effect of oil price shocks on Ugandan economy, the movement of Real Gross Domestic Product (GDP), Inflation, Unemployment and Net Official Development Assistance for Uganda as a result of world oil price shocks will be investigated. It will further analyse the determinants of oil imports in Uganda. The proposal is arranged into three chapters as follows: Chapter one is the introduction with ten sub-sections. Chapter two is the literature review exploring the existing literature on oil price shocks and economic growth including the existing gaps. Chapter three is the methodology with five sub-sections.