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 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 ...

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 ...

Achieving and sustaining high levels of economic growth has been a primary focus for policy makers in post-independent Kenya. However, economic growth has been episodic, and achieving sustainable growth remains elusive. ...

Economic growth and income distribution are two issues that are currently dominating policy decisions of both developed and developing countries. Governments across the globe are struggling to find an economic solution ...

This study sets out to investigate the determinants offi scal balance in Kenya. A model developed from three-gap analysis is used, together with time series data for the period 1975 to 2006. The long run results indicate ...

This study looks at the relationship between Foreign Direct Investment (FDI) flows and various institutional factors. The study uses data for developing countries and draws implications for Kenya. Kenya has in the last ...

The paper examines the relationship between health status and economic growth in Africa over the period 1960-2000. Between 1960 and 1970s, health status in many African countries expanded rapidly, slowed down in the ...

This paper highlights some of the key issues concerning the role of interest groups in policy formulation, with particular reference to the private sector. It shows that economic interest groups, as opposed to other groups ...