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Analysis of the relationship between trade openness, foreign aid, external debt and economic growth in Kenya
(Maseno University, 2015)
Since 1950, trade openness and aid has led to the expansion of world output by fivefold. Trade accounted for 20% of Gross domestic Product (GDP) in 2002 and according to the Vision 2030 blue print, trade is a promising ...
An empirical investigation of the relationship between budget deficits and economic growth in Kenya (1975-2012)
(2015)
Budget deficit has become a striking and institutionalized feature of most economies of the world. The Kenyan government has continued to reduce inflation (below 10%) and to develop sound fiscal policy that spurs growth. ...