From previous studies, the effects of expenditure on economic growth appear to provide mixed results. Despite this uncertainty, theory suggests that expenditure induce growth. In Kenya, economic growth has been fluctuating despite the devolved expenditure increasing over time. It is against this...

There are hosts of macroeconomic dynamics contributing to financial inclusion in developing countries. These sources may be both from the demand side and supply side. The government and financial institutions takes several policy initiatives to encourage the supply of financial services to the...

The goal of this research was to investigate empirically how government expenditure contributes to economic growth in East Africa from 1980-2010. Using balanced panel fixed effect model, government expenditure was disaggregated to scrutinize its effect of growth. The study tested for panel unit...