Mr. Peter Kitonyo successfully defended his thesis titled ‘Impact of Foreign Capital and Financial Resources on the Economic Growth in the Common Market for Eastern and Southern Africa Region" on 19th July 2018 starting from 2.00 p.m.…
The Intervening Influence of Economic Growth on Fiscal Policy Stance and Public Expenditure in Kenya
This paper investigates the intervening influence of economic growth on the relationship between fiscal policy stance and public expenditure in Kenya from 1964 to 2015 using a Vector Error Correction Model. The results indicate that economic growth…
This study looks at the transmission of international prices to the Kenyan economy in 2007-2008 with a focus on food and oil prices. The degree of price transmission between spatial markets signifies the level of integration of such markets. The…
Food and crude oil products constitute 60 per cent of commodities used to measure the consumer price index and Kenya is a net importer of both. However, there is very little hard information about the actual effects of the global price shocks of…