One of Kenya’s development goals is to provide an enabling environment for both local and foreign investors. An important element of such an environment is the physical infrastructure especially land and workspaces. An ...

The pattern of poverty incidence in Kenya has changed over time, with some households moving in and out of poverty while others or their descendants have remained in poverty for decades. Rural poverty, for instance, increased ...

A Social Accounting Matrix (SAM) is a consistent data framework that captures information contained in the national income and product accounts and the input-output table, as well as the monetary flows between institutions. ...

The importance of market microstructure in determining the success of a bonds market in allocating financial resources depends on the degree to which the microstructure elements have been designed to determine the proper ...

The underground economy comprises economic activities not accounted for in national income statistics and is, therefore, difficult to measure. The difficulty arises because this economy comprises a host of traditional and ...

This paper develops a conceptual framework for applying good governance to systems of public expenditure management (PEM), and analyses governance in public expenditure management in Kenya. An overview of some key governance ...

This paper examines a range of factors that determine primary school output (proxied by examination performance) with an aim of identifying the main inputs that are of policy relevance in the improvement of quality of ...

In terms of volume and value, cut flowers are the single most important horticultural exports, followed by vegetables and fruits in Kenya. Floricultural trade in the country is export oriented with an end-user focus. There ...

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 ...

Global business pressures generated by globalization and liberalization have shifted emphasis from traditional factors of competitiveness (such as price reductions) towards new forms of competitiveness (such as innovation ...