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基本説明
Editorial team comprises leading development economics scholars and Governor of the Central Bank of Kenya.
Full Description
This is the first volume in a new series Africa: Policies for Prosperity. For the first time in more than a generation, sustained economic growth has been achieved across the continent - despite the downturn in global economic fortunes since 2008 - and in many countries these gains have been realized through policy reforms driven by the decisive leadership of a new generation of economic policymakers. The process of reform is continuous, however, and the challenge currently facing this new generation is how to harness these favourable gains in macroeconomic stability and turn them into a coherent strategy for sustainable growth and poverty reduction over the coming decades.
These challenges are substantial and encompass the broad remit of economic policy. Each volume in this series brings leading scholars into the policy arena to examine these challenges and to lay out, in a rigorous but accessible manner, key challenges and policy options facing policymakers on the continent.
Kenya has experienced a period of high and sustained growth since the mid 1990s, growth that has involved economic transformation away from a heavy reliance on traditional economic activities towards an emerging manufacturing economy. But this process, and the economic and social stability that had come to characterize Kenya, have been severely tested by the post-election violence of 2008. Restoring equitable growth and sustaining the structural transformation of the economy is essential if Kenya is to leave this period behind.
The chapters in this volume address the key issues that will face economic policy makers in the coming years. They cover the conventional but central questions of finance and macroeconomic management, but also much deeper structural issues of trade, employment generation and education; of land policy, migration and urbanization; and the fiscal challenges facing an ageing but increasingly urbanized, and increasingly affluent, society.
Contents
1. Introduction ; PART I: STRATEGIC CHOICES ; 2. Strategies for Growth ; 3. Unlocking the Future Potential for Kenya: The Vision 2030 ; 4. Growth Analysis and Diagnostics for Kenya ; PART II: THE MACROECONOMIC ENVIRONMENT ; 5. Fiscal Policy in Kenya: Looking Toward the Medium to Long-term ; 6. Trade Policy in Kenya ; 7. Building a Monetary Regime for the 21st Century ; 8. Exchange Rate Management and Capital Flows ; PART III: THE ENVIRONMENT FOR PRIVATE MARKET ACTIVITY ; 9. Policy Options for Agricultural Growth in Kenya ; 10. The Manufacturing Sector ; 11. Kenyan Labour Market Challenges ; 12. Education for Prosperity: Improving Access and Quality ; 13. Securing Property Rights in Land in Kenya: Formal vs Informal ; 14. Banking Sector Stability, Efficiency, and Outreach ; 15. The Capital Market and Economic Growth in Kenya ; 16. Innovation and Financial Access: The Role of M-Pesa ; 17. Democracy and Prosperity
