Employment creation in Kenya is a major concern to the government. The 1998/99 Labour Force Survey estimates Kenya’s active labour force at 10.5 million people, and unemployment at 14.6% of the active labour force. Given ...

Kenya’s impressive record of economic growth—6.8 per cent per annum during the first decade of independence—is currently in danger of erosion. The causes are: a price squeeze—import prices are rising much more rapidly ...

Since the advent of the Economic Recovery Strategy (ERS) in 2003, the government has indicated its commitment to tackle insecurity in an attempt to provide a favourable environment for economic growth. In the ERS, provision ...

The quality and impact of higher investments depend on incentives, innovations and institutions. Improvement of the business environment is also vital for greater utilization of natural resources to accelerate ...

The Kenya Vision 2030 aims at achieving a high and non-inflationary real Gross Domestic Product (GDP) growth of 10 per cent by 2012, and sustaining it thereafter. To achieve this growth, Kenya needs to increase public ...

A country's Gross Domestic Product (GDP) changes in size, structure and composition over time. GDP is the total value of all goods and services produced within the country's borders over a period of one year, valued ...

The Report of the Civil Service Review Committee appointed by His Excellency the President on 2nd October, 1979, under the Chairmanship of Mr. S. N. Waruhiu was presented to His Excellency the President, on 12th September, ...

Structural transformation refers to the transition of an economy from low productivity and labour intensive economic activities to higher productivity and skills-intensive activities. The key driver of structural ...

One of the Government of Kenya's policy objectives is to put in place sound macroeconomic policies to achieve economic and social targets. Fiscal and monetary policies are two instruments, among others, whose design ...

Model simulations are perfonned for different reasons, such as policy evaluation, historical policy analysis and model testing. Ex ante simulations tend to be more popular, particularly for the purposes of evaluating ...