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In most developing countries, poverty is more widespread and severe in rural than in urban areas. The author reviews some important aspects of rural poverty and draws key implications for public policy. He presents a policy framework for reducing poverty, taking into account the functional...
Persistent link: https://www.econbiz.de/10005605040
Economic activity in Kenya has remained resilient to uncertainty surrounding the elections, the impact of the European …
Persistent link: https://www.econbiz.de/10011244272
This Joint Staff Advisory Note focuses on the Poverty Reduction Strategy Paper (PRSP) for Kenya. Kenya’s second …
Persistent link: https://www.econbiz.de/10011244468
KEY ISSUES Context: Kenya has embarked on major reforms in line with the 2010 constitution. The new government has …. Kenya placed its first US$2 billion Eurobond at favorable terms, with proceeds to be used to upgrade power generation and … fiscal resources. Kenya is actively participating in the integration of East Africa, showing progress in reducing delays from …
Persistent link: https://www.econbiz.de/10011244508
This paper discusses Kenya’s Sixth and Final Review Under the Three-Year Arrangement Under the Extended Credit Facility. Fiscal consolidation and the introduction of major reforms contributed to the program’s success despite emerging challenges. All end-June 2013 quantitative...
Persistent link: https://www.econbiz.de/10011245239
Persistent link: https://www.econbiz.de/10005826695
in the analysis of monetary policy in low-income countries (LICs), with an application to Kenya. We provide a general … target misses in terms of structural shocks (aggregate demand, policy, shocks to money demand, etc). In the case of Kenya, we …
Persistent link: https://www.econbiz.de/10010790361
Is rapid economic growth experienced by the East African Community during the past decade built on solid foundations? To gain some clues, we use a variety of newly-collected and existing data sources to analyze the structural transformation of output and exports, as well as indicators of their...
Persistent link: https://www.econbiz.de/10011123874
policy that took place in 2011 in four members of the East African Community: Kenya, Uganda, Tanzania and Rwanda. We find …
Persistent link: https://www.econbiz.de/10011242205
forecasting and monetary policy analysis in low-income countries and apply it to Kenya. We use the model to run several policy … recover the sequence of domestic and foreign macroeconomic shocks that account for business cycle dynamics in Kenya over the …
Persistent link: https://www.econbiz.de/10011242400