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Kenya Economic Update, June 2012 : Walking on a Tightrope--Rebalancing Kenya's Economy with a Special Focus on Regional Integration.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- World Bank.
- Series:
- Economic Updates and Modeling
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Access to Finance.
- Adverse Effects.
- Agriculture.
- Banking Sector.
- Capital Markets.
- Collateral.
- Consumer Protection.
- Consumers.
- Credibility.
- Credit.
- Currencies and Exchange Rates.
- Debt.
- Debt Markets.
- Decentralization.
- Economic Growth.
- Economies of Scale.
- Economy.
- Exchange Rates.
- Exporters.
- Finance and Financial Sector Development.
- Fiscal & Monetary Policy.
- Fiscal Policy.
- Foreign Direct Investment.
- Gdp.
- Gross Domestic Product.
- Incentives.
- Inflation.
- Macroeconomics and Economic Growth.
- Monetary Policy.
- Natural Resources.
- Per Capita Income.
- Private Investment.
- Public Debt.
- Public Investment.
- Public Spending.
- Regulatory Reform.
- Remittances.
- Risk.
- Savings.
- Slowdown.
- Surplus.
- Trade.
- Trade Barriers.
- Trade Liberalization.
- Unemployment.
- Wages.
- Weight.
- World Development Indicators.
- Local Subjects:
- Access to Finance.
- Adverse Effects.
- Agriculture.
- Banking Sector.
- Capital Markets.
- Collateral.
- Consumer Protection.
- Consumers.
- Credibility.
- Credit.
- Currencies and Exchange Rates.
- Debt.
- Debt Markets.
- Decentralization.
- Economic Growth.
- Economies of Scale.
- Economy.
- Exchange Rates.
- Exporters.
- Finance and Financial Sector Development.
- Fiscal & Monetary Policy.
- Fiscal Policy.
- Foreign Direct Investment.
- Gdp.
- Gross Domestic Product.
- Incentives.
- Inflation.
- Macroeconomics and Economic Growth.
- Monetary Policy.
- Natural Resources.
- Per Capita Income.
- Private Investment.
- Public Debt.
- Public Investment.
- Public Spending.
- Regulatory Reform.
- Remittances.
- Risk.
- Savings.
- Slowdown.
- Surplus.
- Trade.
- Trade Barriers.
- Trade Liberalization.
- Unemployment.
- Wages.
- Weight.
- World Development Indicators.
- Other Title:
- Kenya Economic Update, June 2012
- Place of Publication:
- Washington, D.C. : The World Bank, 2012.
- System Details:
- data file
- Summary:
- In 2012, Kenya's economy has been on a tightrope. Policy makers have had to walk a fine line between stabilizing the economy and maintaining the growth momentum. While inflation has declined, the exchange rate stabilized, and the fiscal position improved, fundamental economic imbalances continue to make Kenya vulnerable to shocks. In the absence of economic and social turbulence, Kenya should grow at 5 percent in 2012 and 2013, which will still be substantially below its neighbors. Kenya has been benefitting from the integration and growth momentum in the East African Community (EAC), which has become one of the most vibrant economic regions in the world. However, despite impressive increases in trade between the five EAC partners in recent years, there is still a large untapped potential. EAC trade can increase several-fold if unnecessary restrictions in the trade of goods and services particularly nontariff barriers were removed.
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