One issue is the optimal assignment of policy objectives to instruments. Another is the appropriateness of the strategies employed by the authorities to achieve their objectives. A third topic, which has been the subject of discussion among economists for many years, concerns the merits of adopting rules versus exercising discretion in the conduct of policy.
Louis Kasekende: Overview of the Ugandan economy Remarks by Dr Louis Kasekende, Deputy Governor of the Bank of Uganda, at the closing of the Ugandan Business Journalists Training Workshop by Thomson Reuters Foundation, Kampala, 5 March 2010.