ethnic fragmentation as a main driver of political and social friction in Africa, the paper further details the construction …

Central Bank of Kenya (CBK) and Bank of Tanzania (BOT) had a higher actual independence in their early years of formation than …

shock, Kenya will restore its long run equilibrium fastest, followed by Tanzania and Burundi …. Specifically, the results show that the demand for money is stable in the cases of Burundi, Rwanda and Tanzania based on the CUSUM … and CUSUMSQ tests, while for the remaining countries (Kenya and Uganda) only partial stability is apparent. In event of a …