The trend of urbanization and population growth has exerted excessive pressure on natural capital, with scientific evidence showing an overshoot beyond sustainable limits. Ensuring ecologically sustainable cities and ...

The importance of market microstructure in determining the success of a bonds market in allocating financial resources depends on the degree to which the microstructure elements have been designed to determine the proper ...

A Social Accounting Matrix (SAM) is a consistent data framework that captures information contained in the national income and product accounts and the input-output table, as well as the monetary flows between institutions. ...

Development of bonds market widens the financing options for firms and enables the government to shift its domestic debt to longer-term securities. However, development of bonds market requires that certain conditions ...

Since independence in 1963, Kenya has invested substantial resources in education. For almost three successive decades, these investments and other government policies led to impressive gains in educational access at all ...

This paper focuses on policy, institutional and regulatory reforms in the food crops sub-sector: maize, wheat and rice. Reforms in this subsector were expected to enhance market coordination and control, in addition to ...

Wheat is the second most important food crop in Kenya. Wheat production has however declined over the years due to high production costs, high capital costs, lack of credit for production, and the low level of ...

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 ...

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 ...