The 52 Economic Fallacies is a compilation of 52 essays that refutes common statements about the Kenyan economy that lack sound Economic reasoning. It will be used to educate the public on how a modern economy should work. It will be used to spark debate about the roles of the government and the private sector in market formation, regulation, and consumer protection.
The Know Your County Fact Book is a compendium of data points on administrative, demographic, education, gender, health, public finance management, socio-economics and political information at the national and county levels of government.
In 2013 Kenya commenced the transition from a centralized to a decentralized governance system comprising of the national government and 47 county governments. Devolution aims to enhance service delivery to citizens by bringing the resources closer to them at the county level. As highlighted in Article 186 of the Constitution of Kenya, 2010 there exist exclusive and shared functions and powers of the respective levels of government therefore creating the need to track and compare the progress made across counties post devolution.
File Size: 25.6 MB No of Downloads: 183.
Fri, Sep 2, 2022
The Economics of Pretrial Detention: Reducing Congestion in Kenya’s Prisons
Key policy actors in the criminal justice system have raised concerns over prison congestion in the recent past. The former Chief Justice David Maraga decried the condition of prisons, stating that the number of prisoners remanded was causing congestion in the facilities. The Chief Justice raised concerns over the rising number of people remanded in prisons for petty crimes. He noted that most offenders in remand had failed to raise money to facilitate bonds and cash bails and stated that the Judiciary would review bail and bond terms to make them realistic rather than repressive.
File Size: 187 KB No of Downloads: 195.
Thu, Apr 21, 2022
Intergovernmental Fiscal Relation in Kenya: Implication for County Budget Execution
Intergovernmental relations are approved and agreed upon by all parties and timely and adequate financial transfers are critical to the ability of sub-national governments to operate effectively and deliver public services, constitutionally assigned to them under a decentralized fiscal structure.
File Size: 26.1MB No of Downloads: 1231.
Fri, Feb 11, 2022
Shaping Macro Economy in Response to COVID-19 in Kenya: A Responsible Economic Stimulus and a Stable Financial Sector
Kenya experienced overall macro stability and modest growth of 5.5% for the period 2017 to 2019. This economic performance was achieved despite fiscal health challenges owing to fast rise in stock of public debt. The onset of COVID 19 pandemic in March 2020 however subdued the economy owing to swift containment measures that were imposed to limit the spread of the pandemic. As a result, Kenya suffered its first recession in nearly two decades. Poverty levels increased and about 1.7 million people lost their jobs between March and June 2020 and workers in the services sectors, particularly women were hit hardest due to disruptions in demand and supply chain. Fiscal health of the country deteriorated further amidst rising debt distress risk, while the external sector also weakened albeit resilience in remittance receipts.
File Size: 793kb No of Downloads: 458.
Thu, Jan 6, 2022
Financing Covid 19 Vaccination in Kenya: Cost Simulation Analysis
Why Vaccination? Vaccination will lead to a reduction in community transmission of COVID-19, cases of severe illness and the number of hospitalizations and fatality cases because of COVID-19 infection. Most importantly, a successful vaccination program will allow for the full re-opening of the economy.
File Size: 6.4 MB No of Downloads: 252.
Wed, Jul 7, 2021
Fundamental lessons from regional economic communities for the African Continental Free Trade Area: A Case study of EAC
The establishment of AfCFTA and the creation of various Regional Economic Communities (RECs) is part of the wider effort by African governments to pursue integration through free trade, and developing customs union and common market (AU2014). Therefore, understanding how to overcome the various constraints to regional integration at the regional level can help enhance implementation and management of a free trade area at the continental level.
The report is arranged to mirror the contents of the IMF Country Report No. 21/72 sequentially highlighting the content of each of the five main sections and concluding with a matrix listing the commitments and benchmarks and a commentary on the possibilities and challenges for their attainment during the duration of the program. While this analysis assumes that any readers have basic knowledge of the institutional functions of the IMF and its relationship to its members, it presents a definition of the terms and a description of the decision-making organ of the IMF in respect of program plans.
File Size: 609kb No of Downloads: 289.
Fri, Mar 5, 2021
The State of Second-Hand Clothes and Footwear Trade in Kenya
Kenya is one of the largest importers of second-hand clothes in Sub-Saharan Africa for its use and exporting to other countries. The second-Hand clothes industry contributes to government revenues. The existence of second-hand clothes (mitumba) is a demand-side issue rather than a supply-side issue. The incomes in the country for a considerable number of people can only support buying second-hand clothes. It reflects on incomes instead of whether the supply of new clothes and footwear is available.
The volumes of imported second-hand clothes and footwear reflect the domestic demand for these goods among the Kenyan population. It is essential therefore to examine the corresponding value of the imports are. The value of these imports for the corresponding years and shows that the nominal value of the imports into Kenya has risen by 80% from Ksh. 10 billion to 18 billion in the same six-year period. What this growth in import volumes shows is that along with the overall economic growth and the rise in incomes, the imports reflect the demand for second-hand clothing among Kenyan households and that this industry has supply stability.