Macroeconomic Constraints and Medium-term Growth in Kenya

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Publisher :
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Macroeconomic Constraints and Medium-term Growth in Kenya by : F. M. Mwega

Download or read book Macroeconomic Constraints and Medium-term Growth in Kenya written by F. M. Mwega and published by . This book was released on 1994 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Kenya

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Publisher : International Monetary Fund
ISBN 13 : 1484333454
Total Pages : 12 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Kenya by : International Monetary Fund. African Dept.

Download or read book Kenya written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2014-03-10 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Joint Staff Advisory Note focuses on the Poverty Reduction Strategy Paper (PRSP) for Kenya. Kenya’s second Medium Term Plan (MTP-2) that covers 2013–2017 seeks to build on the successes of the MTP1. It aims to accelerate growth to reach double-digit levels, to create jobs for the Kenyan youth, and to further reduce the still high poverty levels. It highlights that to reduce maternal mortality, the MTP-2 outlines measures such as free maternal healthcare at the point of delivery and incentives for school enrolment.

Kenya : Policies for Prosperity

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Publisher : OUP Oxford
ISBN 13 : 0199595402
Total Pages : 400 pages
Book Rating : 4.1/5 (995 download)

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Book Synopsis Kenya : Policies for Prosperity by : Christopher Adam

Download or read book Kenya : Policies for Prosperity written by Christopher Adam and published by OUP Oxford. This book was released on 2011-01-01 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first volume in a new series Africa: Policies for Prosperity. For the first time in more than a generation, sustained economic growth has been achieved across the continent - despite the downturn in global economic fortunes since 2008 - and in many countries these gains have been realized through policy reforms driven by the decisive leadership of a new generation of economic policymakers. The process of reform is continuous, however, and the challenge currently facing this new generation is how to harness these favourable gains in macroeconomic stability and turn them into a coherent strategy for sustainable growth and poverty reduction over the coming decades. These challenges are substantial and encompass the broad remit of economic policy. Each volume in this series brings leading scholars into the policy arena to examine these challenges and to lay out, in a rigorous but accessible manner, key challenges and policy options facing policymakers on the continent. This first volume on Kenya explores the challenges facing an economy standing at a crossroads. Kenya has experienced a period of high and sustained growth since the mid 1990s, growth which involved economic transformation away from a heavy reliance on traditional economic activities towards an emerging manufacturing economy. But this process, and the economic and social stability that had come to characterize Kenya, have been severely tested by the post-election violence of 2008. Restoring equitable growth and sustaining the structural transformation of the economy is essential if Kenya is to leave this dark period behind. The chapters in this volume address the key issues that will face economic policy makers in the coming years. They cover the conventional but central question of finance and macroeconomic management, but also much deeper structural issues of trade, employment generation and education; of land policy, migration and urbanization; and the fiscal challenges facing an ageing but increasingly urbanized (and increasingly affluent) society.

Development Expenditures and the Local Financing Constraint

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 23 pages
Book Rating : 4./5 ( download)

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Book Synopsis Development Expenditures and the Local Financing Constraint by : Albert D. K. Agbonyitor

Download or read book Development Expenditures and the Local Financing Constraint written by Albert D. K. Agbonyitor and published by World Bank Publications. This book was released on 1998 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: April 1998 The inadequacy of local funds is a major financing problem in most low-income economies. It is undercutting the absorption of aid and the sustainability of development projects. Focusing on the local financing constraint sheds new light on issues of aid, fiscal reform, and the management of public spending. The fungibility of aid need not translate into resource flows to fill the local financing gap. Indeed, project aid can widen the local financing gap. To augment direct local financing of development, aid must be nonproject aid that can generate local currency. In the longer term, project aid's effect on local financing lies in its impact on growth and on expanding the base for tax revenues, seigniorage, and borrowing. When inadequate local financing limits project implementation and effective use of aid, local currency funds are more valuable than project aid, at the margin-and it becomes important to reallocate local funds, to leverage project aid, and to raise the quality of investment projects. A persistent gap in local financing complicates programs of fiscal reform. For such programs to be effective, the local financing gap has to be confronted directly by matching planned local fund expenditures against expected local fund receipts. This requires a transparent database to develop indicators and to monitor the allocation and use of local resources. This paper-a product of the Macroeconomics Division II, Eastern Africa Department-is part of a larger effort in the department to understand the effectiveness of development expenditures.

African Journal of Economic Policy

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Publisher :
ISBN 13 :
Total Pages : 830 pages
Book Rating : 4.:/5 (334 download)

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Book Synopsis African Journal of Economic Policy by :

Download or read book African Journal of Economic Policy written by and published by . This book was released on 1994-06 with total page 830 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Relative Distance

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Publisher : Cambridge University Press
ISBN 13 : 1009335057
Total Pages : 243 pages
Book Rating : 4.0/5 (93 download)

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Book Synopsis Relative Distance by : Leslie Fesenmyer

Download or read book Relative Distance written by Leslie Fesenmyer and published by Cambridge University Press. This book was released on 2023-06-30 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: The socio-economic and political uncertainties of Kenya in the 1990s jeopardised what many saw as the promises of modernity. An increasing number of Kenyans migrated, many to Britain, a country that felt familiar from Kenyan history. Based on extensive fieldwork in Kenya and the United Kingdom, Leslie Fesenmyer's work provides a rich, historically nuanced study of the kinship dilemmas that underlie transnational migration and explores the dynamic relationship between those who migrate and those who stay behind. Challenging a focus on changing modes of economic production, 'push-pull' factors, and globalisation as drivers of familial change, she analyses everyday trans-national family life. Relative Distance shows how quotidian interactions, exchanges, and practices transform kinship on a local and global scale. Through the prism of intergenerational care, Fesenmyer reveals that the question of who is responsible for whom is not only a familial matter but is at the heart of relations between individuals, societies, and states.

Kenya

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Publisher : International Monetary Fund
ISBN 13 : 1451821107
Total Pages : 92 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Kenya by : International Monetary Fund

Download or read book Kenya written by International Monetary Fund and published by International Monetary Fund. This book was released on 2004-01-08 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kenya showed poor implementation of policies and weak economic performance under the Poverty Reduction and Growth Facility (PRGF) arrangement. The government formulated a new Economic Recovery Strategy for Wealth and Employment Creation (ERSWEC) aimed to address major macroeconomic vulnerabilities. Executive Directors emphasized the need for domestic debt reduction, the restructuring of spending, and a sustained implementation of the reform agenda. They suggested that bold reforms will be essential to encourage private investment and to mobilize adequate donor support for the reforms.

Applied Macroeconomics and Economic Development

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Publisher :
ISBN 13 :
Total Pages : 430 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Applied Macroeconomics and Economic Development by : Adeola F. Adenikinju

Download or read book Applied Macroeconomics and Economic Development written by Adeola F. Adenikinju and published by . This book was released on 2006 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt:

World Development Report 2017

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Publisher : World Bank Publications
ISBN 13 : 1464809518
Total Pages : 605 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis World Development Report 2017 by : World Bank Group

Download or read book World Development Report 2017 written by World Bank Group and published by World Bank Publications. This book was released on 2017-01-23 with total page 605 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are carefully designed, sensible policies too often not adopted or implemented? When they are, why do they often fail to generate development outcomes such as security, growth, and equity? And why do some bad policies endure? World Development Report 2017: Governance and the Law addresses these fundamental questions, which are at the heart of development. Policy making and policy implementation do not occur in a vacuum. Rather, they take place in complex political and social settings, in which individuals and groups with unequal power interact within changing rules as they pursue conflicting interests. The process of these interactions is what this Report calls governance, and the space in which these interactions take place, the policy arena. The capacity of actors to commit and their willingness to cooperate and coordinate to achieve socially desirable goals are what matter for effectiveness. However, who bargains, who is excluded, and what barriers block entry to the policy arena determine the selection and implementation of policies and, consequently, their impact on development outcomes. Exclusion, capture, and clientelism are manifestations of power asymmetries that lead to failures to achieve security, growth, and equity. The distribution of power in society is partly determined by history. Yet, there is room for positive change. This Report reveals that governance can mitigate, even overcome, power asymmetries to bring about more effective policy interventions that achieve sustainable improvements in security, growth, and equity. This happens by shifting the incentives of those with power, reshaping their preferences in favor of good outcomes, and taking into account the interests of previously excluded participants. These changes can come about through bargains among elites and greater citizen engagement, as well as by international actors supporting rules that strengthen coalitions for reform.

Macroeconomic Challenges of Structural Transformation

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Publisher : International Monetary Fund
ISBN 13 : 1513599038
Total Pages : 38 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Macroeconomic Challenges of Structural Transformation by : Lacina Balma

Download or read book Macroeconomic Challenges of Structural Transformation written by Lacina Balma and published by International Monetary Fund. This book was released on 2015-07-20 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the link between public investment, economic growth and debt sustainability in Sierra Leone using an inter-temporal macroeconomic model. In the model, public capital improves the productive capacity of private capital, generating positive medium and long term effects to increases in public investment. The model application indicates that a large increase in public investment would have positive macroeconomic effects in the medium term. However, since there is no free lunch, rigidities in tax adjustment would entail unrealistic and unachievable adjustment in the current spending to cover recurrent costs and ensure debt sustainability. A more ambitious increase in public investment would entail more fiscal adjustment, particularly if external commercial loans are secured to complement the adjustment. The model simulations also emphasize the importance of improvements in the structural economic conditions to reap growth dividends. In addition, even if the macroeconomic implications of public investment scaling-up can be favorable in the long term under changes in certain structural conditions, downside risks such as terms of trade shifts and Ebola-induced productivity shortfall expose the country to increased risk of unsustainable debt dynamics. This underscores the need to remove bottlenecks to growth and maintain prudent borrowing policies.

Kenya

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451821034
Total Pages : 125 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Kenya by : International Monetary Fund

Download or read book Kenya written by International Monetary Fund and published by International Monetary Fund. This book was released on 1995-12-15 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews economic developments in Kenya during 1990–95. Real GDP growth decelerated from 4.3 percent in 1990 to close to zero in 1992/93. Inflation accelerated from 12 percent in the 12-month period ended December 1989 to 34 percent in March 1993. The central government’s budget deficit increased from 6.7 percent in 1989/90 to 11.4 percent of GDP in 1992/93. Broad money growth (M2) accelerated from 21 percent in the 12-month period ended December 1991 to 36 percent in March 1993.

Macroeconomic Implications of Demographic Changes in Kenya

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Publisher :
ISBN 13 :
Total Pages : 82 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Macroeconomic Implications of Demographic Changes in Kenya by : Gabriel N. Kirori

Download or read book Macroeconomic Implications of Demographic Changes in Kenya written by Gabriel N. Kirori and published by . This book was released on 1998 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on population variables from a rural-urban demographic model using the 1989 population census, discusses first a link between demographic variables and government expenditures and subsequently the probable macroeconomic effects of demographic changes in Kenya. Includes tabular projections to 2005.

Macroeconomic Adjustment, Trade, and Growth

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Publisher :
ISBN 13 :
Total Pages : 106 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Macroeconomic Adjustment, Trade, and Growth by : Charles Chukwuma Soludo

Download or read book Macroeconomic Adjustment, Trade, and Growth written by Charles Chukwuma Soludo and published by . This book was released on 1995 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents a medium-sized macroeconomic model of the Nigerian economy designed to capture essential elements of the structural adjustment programme.

Gender and Economic Growth in Kenya

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Publisher : World Bank Publications
ISBN 13 : 0821369202
Total Pages : 164 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Gender and Economic Growth in Kenya by :

Download or read book Gender and Economic Growth in Kenya written by and published by World Bank Publications. This book was released on 2007 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the legal, administrative, and regulatory barriers that are preventing women in Kenya from contributing fully to the Kenyan economy. Building on the 2004 FIAS Improving the Commercial Legal Framework and Removing Administrative and Regulatory Barriers to Investment report, this study looks at the bureaucratic barriers facing women in Kenya through a gender lens.

African Economic Development

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Publisher :
ISBN 13 :
Total Pages : 152 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis African Economic Development by : United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on International Development, Finance, Trade, and Monetary Policy

Download or read book African Economic Development written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on International Development, Finance, Trade, and Monetary Policy and published by . This book was released on 1994 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:

An Examination of the Sources of Economic Growth in Cameroon

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Publisher :
ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis An Examination of the Sources of Economic Growth in Cameroon by : Aloysius Ajab Amin

Download or read book An Examination of the Sources of Economic Growth in Cameroon written by Aloysius Ajab Amin and published by . This book was released on 2002 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Total Factor Productivity in Kenya

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Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Total Factor Productivity in Kenya by : Joseph O. Onjala

Download or read book Total Factor Productivity in Kenya written by Joseph O. Onjala and published by . This book was released on 2002 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: