Bank of Uganda deputy calls for more empirical research in Africa


The deputy governor of the Bank of Uganda, Louis Kasekende, on July 25 underlined the importance of high-quality empirical evidence in setting policy, and said such evidence is often not available in Africa.

Speaking at a conference hosted by the African Econometric Society, Kasekende said "in many cases, decisions must be taken even though there exists no strong empirical evidence drawn directly from our own economy to inform our assumptions about the economic relationships." The deputy

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