This 26th Uganda Economic Update reports on recent economic developments and policies, placing them in a regional and global context and assessing their implications for Uganda’s economic prospects. The report is intended for a wide audience, including policymakers, business leaders,...

This paper examines how incorporating the informal economy influences the estimated benefits of international trade liberalization. Using a structural gravity framework, we quantify the impact of Free Trade Agreements (FTAs) while explicitly accounting for the presence of shadow (informal)...