The target of official development assistance (ODA) is generally focused on international poverty reduction, and the latest performance of aid in reducing income poverty deserves attention. This paper matches data from 24 sub-Saharan African countries to test the poverty reduction effects of aid...

The study sought to test the impact of the policy rate on growth and investment in some selected countries in the Sub-Saharan Africa region. Data for nine (9) countries over a 23-year period was captured and a dynamic panel model estimated. Based on the study results, the major findings were:...

Africa is a continent endowed with many resources but lags behind in development compared to other continents. The development of the rural sector (agricultural sector) and raise more people from absolute poverty is one of the first goals of most countries. Another goal is to change the...

This study examined the determinants of stock returns for the emerging market of Kenya: The Nairobi Securities Exchange. The specific objectives were to establish if certain selected macroeconomic variables affect stock prices in Kenya, to examine the validity of the Capital Asset Pricing Model...

With the emergence of floating regimes, exchange rate volatility has received a lot of attention in economic research. This study used a log-linear multiple regression model to assess the impact of exchange rate fluctuations on Kenya's imports and exports during the period 1980-2015. The results...

Using a modified version of Wagner's Law, this paper sets to analyze the determinants of government expenditure in Kenya. Autoregressive Distributed Lag (ARDL) model was used to analyze time-series data for the period 1970 and 2017. The study finding reveals that GDP, population, trade openness,...

In theory, the underlying logic entails that, a country should borrow as long as the capital thus acquired produces a rate of return that is higher than the cost of the foreign borrowing. In that event, the economy of the borrowing country will result in increased capacity coupled with expanding...

The aim of the paper was to determine the extent to which FDI inflows in the infrastructure sector, the manufacturing sector and the agricultural sector impact Kenya's economic growth. The results of the study show that FDI in the infrastructure sector has had a positive and significant impact...