Industrialization has been embraced by many developing countries as a means of achieving structural transformation of their economies. In Kenya, the goal of industrialization has long been held as a strategy for ...

With globalization has come increased emphasis on an outward- looking and a market-oriented economy. Consequently, the 1990s were associated with a greater degree of liberalization of the financial, foreign exchange ...

This paper critically reviews the existing Kenyan macroeconomic models, identifying their strengths and weaknesses. It argues that there are major weaknesses in the two existing models, MEPM and MELT3, particularly their ...

In Kenya, excise taxes on beer contribute a significant share of government revenue. The government is therefore interested in establishing the optimal excise tax rates for the different types of beer-lager and stout. The ...

This paper reviews tourism performance in Kenya in relation to the policy framework, focusing specifically on the absence of a shared vision and a long-term development strategy. Tourism is Kenya's third largest foreign ...

Strategies aimed at reducing poverty need to identify factors that are strongly associated with poverty and that are amenable to modification by policy. This paper uses household-level data collected in 1994 to examine ...

In a liberalized economy, provision of services in the agricultural sector, including financing of inputs, collection of produce, and processing and marketing of farmers' outputs, is a fundamental issue because it affects ...

A favorable business environment enables easy entry and exit of domestic and multinationals from the markets, lessens the cost of doing business, and hence leads to higher productivity and consequently job creation. This ...

With the climate change predicted to increase, the recurrence and severity of droughts and floods are projected to rise. Building coping mechanisms of firms is crucial in reducing social-economic costs associated with ...

The leather industry is among the strategic industries that offer opportunity for Kenya’s economic transformation and sustainable development. The industry contributes about 1.9 and 4.0 per cent to GDP and Agricultural GDP ...