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Uganda and the failed neoliberal experiment

Uganda and the failed neoliberal experiment

Rédaction Africa Links 24 with Uganda Monitor
Published on 2024-07-20 06:00:00

President Museveni was an early convert into the neoliberal free markets creed. A few years after capturing power in 1986, he became easily the most vociferous believer in the ideology that left on their own, and once the government was out of the way, free markets offered the only path to the promised land of prosperity for a poor country like Uganda

To be sure, Mr Museveni was not alone, in fact he was not the first African head of state who pivoted away from left-leaning economic thought (oriented toward collective pursuit of common socioeconomic goals) to the Western-prescribed…

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