In the short run, the economy fluctuates at a rate around the potential growth path, but will converge to that path in the long run, say over 10 and 20 years. The real GDP growth rate is decomposed into the growth rate of the workforce and the growth rate of real per capita GDP.
Louis Kasekende: Modernising agriculture – a difficult challenge facing Uganda Remarks by Dr Louis Kasekende, Deputy Governor of the Bank of Uganda, at the Launch of the 2015 Agricultural Finance Yearbook, Kampala, 1 December 2015.