Uganda’s President HE Yoweri Kaguta Museveni has been ranked among the best Presidents in the World, according to a New York University and World Bank experts who ranked the President 12th in terms of influencing economic growth.
The report first released in May 2018 by the World Bank economist Steve Penning’s and New York University Economics Professor William Easterly indicates that Museveni is one of the best leaders with a significant positive impact on their countries economic growth.
The two experts define the best leaders as any leaders for whom estimated leader effect is positive and significant at the 95% level and the worst leader are those with negative and insignificant leader effects.
Easterly and Hennings ranked 24 world leaders and President Museveni came in the 12th position, scoring higher than many powerful leaders globally including the former Prime Minister of Singapore Lee Kuan Yew and Park Chung-hee former President of South Korea between 1963 and 1979.
President Museveni’s significant contribution to Uganda’s economic growth is said to be a record 2.42% with a shrinkage of only 0.78% since he came to power in 1986.
While making is assessment on Museveni contribution, the report highlighted the infrastructure development at its peak now with 5,350km total of paved roads compared to 987km of 1986. The General quality of lives and standard of living has improved tremendously together with an increase in incomes despite the increase in the population growth.