Illicit financial flows directly impact a country's ability to raise, retain, and mobilize its own resources to finance sustainable development. Against a backdrop of a weak public financial position attributed to capital flight, tax avoidance, and dependence on corporate income taxes,...

This study examined the implication of financial innovation on financial depth and economic growth in Kenya using quarterly data covering the period 2009 to 2020. Based on autoregressive distributive lag models, we demonstrate a positive relationship between financial innovation and financial...

This study sought to examine the main constraints to manufacturing export competitiveness in Tanzania. Using panel data for the period 1997-2018, the study established that supply-side factors dominate demand-side factors in explaining manufacturing export competitiveness. Specifically, the...

This study analyses the impact of climate risk indicators on bank stability in Kenya based on descriptive and quantitative approaches on quarterly data covering thirtyfive banks over the period 2009 to 2021. The analysis reveals a distinct warming trend, variable rainfall pattern and an...

Purpose – The purpose of this paper is to investigate the effect of corporate governance on the performance of 37 commercial banks in Kenya over the period 2005‐2009. Design/methodology/approach – The paper uses two measures of performance, i.e. return on assets (ROA) and return on equity...

Purpose – The purpose of this paper is to assess the suitability of adopting inflation targeting in an emerging market, based on the pre-conditions of inflation targeting identified in the literature. Design/methodology/approach – The study uses Granger causality and VAR approaches to assess...