This paper provides a birds-eye view of the theoretical underpinnings of the KIPPRATreasury macroeconomic model. The model is built mostly along the now fairly standard lines of the aggregate demand–aggregate supply ...

With globalisation, export-led growth strategy has become a major focus for many countries including Kenya. Although there have been efforts towards diversification of the export sector, Kenya’s exports are still dominated ...

Excise taxes form a substantial proportion of revenue for governments all over the world, and especially in low-income developing countries. Excise taxes are levied on a few goods characterised by low price elasticity ...