Polycarp Musinguzi, PhD (Econ) (Southampton) (UK) 1
CURRICULUM VITAE (CV) OF DR POLYCARP MUSINGUZI AS OF JANUARY 22, 2018 (His photo is also shown directly above) Full Names: Dr Polycarp Musinguzi Email: pollymusing@gmail.com Cell/Mobile phone: +256 753 954300 Address: Dr Polycarp Musinguzi, CEO & Managing Director, Best Model Services Ltd (BMS) A Global and Regional Economic and Financial Consultancy Firm, Sir Apollo Kaggwa Road, Makerere, P.O.Box 4036, Kampala, Uganda Profession: Monetary Economist & Econometrician Date of Birth: March 13, 1957 Working experience, Years :37 Nationality: Ugandan Membership in Professional Societies and Board Directorships: Board Director, Uganda Investment Authority since 1998. Board Director, Economic Policy Research Centre EPRC), Makerere University since 1999. Chairperson, EPRC Research Advisory Panel since 1999. Member of the National Working Group, Uganda Vision 2025. Since 2002, National Coordinator, IMF East AFRITAC Steering Committee. Member, Social Security & Pension Reform Stakeholders Transition Group (STG) since 2003. Member, H.E. Vice President s Committee on Uganda s Economic and Social Structural Transformation from Peasantry to a Modern Society since 2003. Member of the Uganda National Network Advocacy Group (UNNAG). Chairperson, Association of African Central Banks (AACB) Technical Committee since August 2003. Member, International Statistical Institute. Member, Uganda Statistical Society. Member, Uganda Economics Association. Key Achievements and a Sample of the 55 International, Regional and National Publications and Conference Papers: 2018, Uganda, Musinguzi P, Transform Agriculture significantly or we all perish: Final Concept Note on financing agriculture and setting up or attracting a specialised Agricultural Finance Corporation (AFC), BMS, e-books 2018, Uganda, Musinguzi P, Musinguzonomics, several e-series 2
2017, Uganda, Musinguzi P, Stimulating and Boosting A Regional, Strategic, Value- Adding, Diversified, Competitive, Niche Market and Commodity Value Chain Linked, Blended, Branded and Re-branded Export Sector, Commentary on the 7th Annual High Level Policy Dialogue on Unlocking Uganda's Economic Potential, Strategic Export Sector and Agricultural Finance. 2017, Uganda, Musinguzi P, e-journal of Financial Inclusion, Financial Literacy, and Financial Consumer Protection, Inclusive Growth and Development, (e-j-fi), several e- Volumes 2017, Uganda, Musinguzi P, Executive Policy Brief Abstract, several e-abstracts 2016, Addis Ababa, African Union and United Nations Economic and Social Council, Musinguzi et al (2016) Joint AUC-AACB strategy on the establishment of the African central bank (ACB), African Union, E/ECA/COE/35/13AU/STC/FMEPI/EXP/13(II), 21 March 2016 2016 Kampala, Uganda, Musinguzi P, The Economics of Dr Musinguzi, BMS, e-books 2015, Kampala, Uganda, Musinguzi, P (2015) Deepening and Broadening Rural Financial Services and Strengthening linkages with the Real Sector, Best Model Services, March. 2014 Lusaka, Zambia, Musinguzi, Polycarp (2014) The Regional Payment and Settlement System REPSS: Objectives, Benefits, The REPSS Model, Uptake, Progress, Stakeholders Concerns, Stimulating and Boosting intra-comesa Trade, Short-term COMESA Consultant, COMESA Secretariat, October. 2013 Uganda, Musinguzi, P (2013), Watching Central Banks: Signals, Policies and Actions During the Transition to Regional and African Economic and Monetary Union, Adact Press; 2013 Uganda, Musinguzi, P (2013) Financial Inclusion, Financial Literacy and Consumer Protection: Lessons from Countries Experiences to take them to the Next, Bold and Significant Level, Adact Press; 2013, Kampala, Uganda, Musinguzi, P (2013) My Life, My Journey, Adact Press 2010 Kampala, Uganda, Development of an Integrated Macro Economic Model for the Government of Uganda, Oxford Policy Management, Financial Sector Consultant. 2009 Kampala, Uganda, Musinguzi et al (2009), Uganda s ultimate Export Diversification and Development Drive: Gaps and Bridges, Bank of Uganda, October; 2008 Report of Select Committee of Senior EAC Central Bank Officials on transition to EAC Monetary Union and Single Currency. Leader of Bank of Uganda Delegation 3
2007 Zambia - The Cost-Benefit Analysis of setting up an independent COMESA Monetary Institute versus using an existing COMESA Monetary Unit structure, COMESA Secretariat, Lusaka. COMESA Lead Consultant. 2007 Zambia - An empirical analysis of the departures of the actual Real Effective Exchange Rate (REER) paths from their Equilibrium Real Effective Exchange Rate (EREER) paths in COMESA Member Countries, COMESA Secretariat, Lusaka. 2006 Zambia - Monetary and Financial Systems Department, IMF MFD Mission, on Strengthening monetary policy implementation and enhancing the development of financial markets, at the Bank of Zambia. Monetary Operations Advisor 2006 Zambia - Fast-Tracking Monetary Union in COMESA, COMESA SECRETARIAT, Lusaka. COMESA Lead Consultant 2006 Uganda - Fast-Tracking EAC Political Federation, Uganda Government, Ministry of East Africa Affairs (MEACA), Kampala. Resource Person 2005, Kampala, Uganda, Musinguzi et al (2005): Different Phases of Economic and Monetary Integration: Should they be sequenced and fast-tracked, or simultaneous as in a Big Bang? 2004 Kenya - Economic and Monetary Integration and the Policy Coordination Process: Regional and Sub-regional Experiences in Africa (IMF Financial Programming and Policy, Kenya School of Monetary Studies, Nairobi). IMF East AFRITAC Consultant 2004 Virginia, USA, Musinguzi, Jebuni and Stryker (2004) Ghana and Uganda: Considering monetary and exchange rate policies as Chapter 7 in Fixing African Economies: Policy Research for Development, Lynne Rienner Publishers; 2002, Brussels, Belgium, Musinguzi, P. (2002) Third UN Conference on LDC Exports, Export Strategy: The Way Forward, Brussels, 2002; 2002 Uganda - Capacity Building Challenges for Uganda (Bank of Uganda, Kampala, November) Economic Advisor to the Governor 2001 Swaziland - Macroeconomic Policy Management and Analysis. Macroeconomic and Financial Management Institute (MEFMI). Consultant 4
2001 South Africa - Monetary Policy Frameworks in Africa: The Case of Uganda in Conference Proceedings: Monetary Policy Frameworks in Africa (South African Reserve Bank, Pretoria) 2001, Cambridge, Massachusetts, USA - Policy Brief Issue No.50: Monetary and Exchange Rate Policy in Uganda (USAID EAGER) 2000 Southampton, UK, Musinguzi and Smith (2000) Saving and Borrowing in Rural Uganda in the Saving and Development Journal, Issue 2/2000, website www.fgda.org/html/savings 2000, Kampala, Uganda, Musinguzi, P., Shaw, C., Abdalla, Y., Ssemogerere, G; and Plunkett, D. (2000), Opportunities for Uganda exports in the Context of WTO Trade Liberalization: Analysis and Recommendations, Uganda National Conference on Trade Policy, Kampala, November; 2000 Zimbabwe - COMESA: Background Fundamentals, COMESA Clearing House, Harare. COMESA Consultant 2000 Uganda - The Financial and Banking System, Investment in Poverty Reducing Employment (IPRE) Study, Uganda International Conference Centre, Kampala (ILO) ILO Consultant 1999 Massachusetts, USA, Musinguzi, Obwona and Stryker (1999,2000), Monetary and Exchange Rate Policy in Uganda (1999,2000), USAID; 1999 Tanzania - Fiscal and Monetary Policy Harmonisation Policies, (EAC Secretariat, Arusha) East African Cooperation (EAC) Consultant 1998 Southampton, UK, Musinguzi and Smith (1998)] Structural Adjustment and Poverty: A study of Rural Uganda; Discussion Papers in Economics and Econometrics, No. 9813, Department of Economics, University of Southampton, UK, August. 1996 Uganda - Key Macro-economic and Socio-economic Indicators - Report submitted to Her Excellency the Vice President 1994 Additional Monetary Policy Instruments (Bank of Uganda, Research Department) 1993 Washington DC, USA - A Hypothetical Financial Program for Turkey. IMF Financial Programming and Policy 1992 Report of UNDP Programming Mission, Economic and Financial Management and Policy Capacity Building Programme (UNDP) Consultant 5
1992 Zimbabwe - Testing The Effects of the IMF - and World Bank - supported Programmes, and of the Government s Economic Policy Reforms, March 1981 - March 1992", Commonwealth Secretariat Seminar on Adjustment Problems in Africa, Harare. Zambia - PTA Monetary Harmonization Programme, Central Banks Meeting and Ministers of Finance Meetings, and at the PTA Technical Task Force on Establishment of a Credit Facility for the Promotion of Intra - PTA Trade and Investment, Lusaka, Zambia Uganda Team Leader Uganda, A Review of Monetary, Credit, Liquidity, Interest Rate and Exchange Rates Developments, 1988-1991 1985 Washington DC, USA - A Critical Review of the Uganda Data Base", World Bank Summer Intern, Eastern African Department, World Bank 1986 USA - A Critical Review of the Uganda Data Base: More data collection, World Bank Consultant, World Bank Academic Education: 1991 PhD in Monetary Economics, PhD (Econ.) Thesis: A Model of Monetary Policy in Uganda, Department of Economics, University of Southampton, U.K. 1985 Master of Applied Statistics (Minor in Banking), Louisiana State University, Baton Rouge, USA Research : A Simplified Financial Regression Model of the Cash Reserves Position of Commercial Banks in Uganda 1980 Bachelor of Statistics (Hons Upper Second), Statistics and Applied Economics, Makerere University, Kampala, Uganda. Employment Record: Since August 2013 - CEO & Managing Director, BMS, A Global and Regional Economic and Financial Consultancy Firm December 2011 - August 2013, Consultant & Member, African Central Bank Steering Committee, African Union Commission, Abuja 2002 - March 2012 Economic Advisor to the Governor, Senior Advisor IMF Africa I Constituency, and Executive Director, Governor's Office, Bank of Uganda 1999 2002 Executive Director, Research & Policy Function, Bank of Uganda 1994-1999 Director of Research Department of the Bank of Uganda 1993 Deputy Director, Research Department, Bank of Uganda 1992 Acting Deputy Director, Research Department, Bank of Uganda 1983 Banking Officer, Bank of Uganda 1982 1983 Teaching Assistant in Econometrics, Department of Agricultural Economics, Makerere University. 6
1980 1982 Statistician/Economist, Planning Division, Ministry of Agriculture & Forestry, Uganda Government. Language Proficiency: British and American English (fluent, written and oral), French (fluent, written and oral), Rukiga (fluent, written and oral), Runyankole (fluent, written and oral), Rutoro (fluent, written and oral), Runyoro (fluent, written and oral), Luganda (good, oral), Swahili (fair, oral), Pidgin English (Oral, fair). Computer Skills: MFIT, SAS, HASH, EXCEL, LOTUS 123, PC-GIVE, SPSS, MICROSOFT WORD, CHI-WRITER, Internet, Computer and empirical evidence-based Macroeconometric-Monetary-Financial-Exchange Rate-Inflation-Exports-Economic Growth Modelling, Policy Simulation and Forecasting Skills Excellent Inter-personal, Leadership, Management, Organisational, Capacity building, Teamwork and other Behavioural Skills and Values: Excellent 7