Kenya has a 50 year history of ongoing land reform. However, with multiple land tenure systems, including customary and statutory systems, past tenure reforms have not resolved inherent land ownership problems. These ...

In an effort to increase access to effective anti-malaria drugs to the rural poor, the Kenyan government has partnered with a local nongovernmental organization to distribute the drugs free of charge using a micro-franchise ...

Several studies make different prior assumptions on the magnitude of factor shares and scale of production when accounting for economic growth. The initial Solow estimations, for instance, assumed a capital share of 0.3 ...

With the liberalization of exchange rate in most countries, policy makers have to contend with erratic movements in exchange rates in the short-run, causing exchange rate misalignments in the long run. Exchange rate ...

This study develops a theoretical general equilibrium model of the determination of the equilibrium long-run real exchange rates in a three-good open economy framework. Three economic agents are considered in the model: ...

Kenya’s bilateral exports were positively affected by its productive capacity, absorptive capacity of its trading partners, and Kenya’s increased involvement in regional integration. Progression of COMESA from Preferential ...

Policy makers and development experts in many countries have had to deal with a decision on exactly what sources of economic growth they must target to achieve higher growth rates. Most development practitioners and ...