Tracking Kenya’s Economic and Institutional Performance

Leo Kipkogei Kemboi
Post Date: 02 June 2021

Tracking the performance of the economic and institutions to inform policy decisions going forward remains one of the significant policy questions today. This can be achieved by taking stock of progress and challenges the state has made over time. Ferrini (2012) observes that institutions conducive to development pool resources to provide the investments in education, health and infrastructure which lie at the basis of economic interaction and are necessary and complementary to private investment . It is important to track the performance of institutions because they are the rules of the game in a society and can  the humanly devised constraints that shape human interaction as observed by North(1990) . North (1990) argues that institutions structure incentives in human exchange, whether political, social or economic”. Institutions comprise for example contracts and contract enforcement, protection of property rights, the rule of law, government bureaucracies, and financial markets.

In this piece, I discuss the progress made on economy, human development indicators, economic freedoms, corruption, fragility and the policy and institutional assessment.  

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