Sessional Paper No. 01 of 1986 on Economic Management for Renewed Growth
View/ Open
Publication Date
1986Author
Type
Sessional Paperviews
downloads
Metadata
Show full item recordBy
Republic of Kenya
Abstract/ Overview
This Sessional Paper represents a departure from previous practice. In the past, changing economic conditions have required sessional papers on the economy to indicate adjustments in the ongoing development plans. The horizon of these mid-term sessional papers has been the same as the development plan itself. The situation in 1986 makes it imperative that this Sessional Paper takes a more fundamental and long-term approach than previous mid-term reviews. Kenya has come through a series of economic crises: the oil price rises of the 1970's and the decline in Kenya's terms of trade, domestic inflation of the early 1980s, the world recession of the same period, and the devastating drought of 1984. Kenya has coped successfully with these crises, which can be counted as a major accomplishment. But the cost has been high: economic growth has slowed to the point where average incomes have barely risen the late 1970s. But because the short-term problems have been brought under control, while progress has been made on reorienting the economy,1986 presents a ripe opportunity to look much further ahead, towards the end of the century to determine what kind of an economy Kenya is going to have then and how it is going to get there.
Subject/ Keywords
Economic Development; Economic Growth; Economic Crisis; Trade and Development; Domestic Inflation; Industrialization; Kenya; Further Details
Sessional paper (Kenya. National Assembly), 1986, no. 1.
Publisher
Republic of KenyaSeries
Sessional Paper;No. 1 of 1986Collections
- Sessional Papers [404]
Related items
Showing items related by title, author, creator and subject.
-
Policy Brief No. 1 of 2017 on Sustaining Kenya's Economic Development by Deepening and Expanding Economic Integration in the Region
Kenya Institute for Public Policy Research and Analysis (KIPPRA) (The Kenya Institute for Public Policy Research and Analysis, 2017)The report has been prepared at a time when the government is taking stock on implementation of Medium Term Plan (MTP) II, and kick-starting preparations for the second last medium term plan (MTP III) of Vision 2030. ... -
Tana River County Public Administration and Intergovernmental Relations Sector Plan 2018-2028
County Government of Tana River (County Government of Tana River, 2018)The Sectoral Plan articulates long term policies and objectives which are further translated into short term plans, strategies, and programmes to be implemented under the Medium Term Expenditure Framework (MTEF). The Public ... -
Budget Speech for FY 1987/1988
The National Treasury (The National Treasury, 1987)Mr. Speaker, I am sure that all Kenyans have come to appreciate the fact that Economic Development can only be achieved in an atmosphere of political and social-stability. It is for this reason that I would like to call ...