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This report brings together three budget notes that assess Kenya's fiscal capacity to respond to global crisis and … deliver shared growth without compromising macroeconomic stability. The report is organized into three notes. The key messages … from this analysis point to areas where Kenya's fiscal policy requires strengthening. The first note is an assessment of …
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This paper analyzes the impact of the global financial crisis on the banking systems in Kenya, Tanzania, and Uganda …
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One of the most often committed mistakes in economic reasoning is the supposition about continuity of economic processes. Yet what dominates in reality is the process of permanent changes which sometimes happen not in a linear but in a cascade way. It must be acknowledged that the capitalist...
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