Policy Monitor Issue 16 No. 01 July-September 2023 on Kenya @60 and Industrialization Prospects under BETA

Abstract

This issue comes at a momentous juncture as Kenya prepares to celebrate its 60th year of independence on 12th December. As such, this edition is themed “ Kenya @60 and Industrialization Prospects under BETA “. The main articles in this issue take a historical perspective focusing on economic growth in the 60 years; priority export crops in driving transformation agenda; micro and small enterprises as a bedrock for industrial take off under the Bottom-up Economic Transformation Agenda (BETA) and Kenya’s journey in the Industrial Revolution Eras. The Policy Monitor highlights KIPPRA’s capacity building activities, including KIPPRA Mentorship Programme for Universities and TVETs (KMPUT) at Laikipia University, capacity building for the Somali Central Bank on Macroeconomic Modelling and Forecasting and for state agencies on the Executive Public Policy Making Process (PPMP). The Institute also continued with building capacity for policy clubs in universities. The Policy Monitor also highlights KIPPRA’s demand-driven projects, including the role of Global Public Investments (GPI) in climate change financing and the role of Special Drawing Rights (SDRs) in addressing the negative economic and the debt distress shocks and informing policy reforms to access the Resilience and Sustainability Trust (RST) financing.