Effects of young population on Uganda’s economy.
- High dependency burden / low savings.
- Low effective demand.
- High government expenditure on provision of social services.
- Low labour supply /small size of labour force.
- Low labour productivity / low output.
- Available infrastructure is over strained.
- 0 .P problem due to high import requirements to supplement domestic supply (of consumer goods)
- Government is awakened to its responsibility of providing necessary infrastructure and it leads to increase in output.
- Initiates effort to work harder to sustain predominantly dependent population.
- Promotes (increased) resources utilization.
- Increased the debt burden.
- It is encouraging investment.
- Leads to low government revenue.
- High taxation.
CATEGORIES Economics
TAGS Dr. Bbosa Science
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