Recent Industrial Growth and Development in Kenya: Constraints and Prospects for the Future

Eckhard Siggel
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Eckhard Siggel: Concordia University

Chapter 13 in Issues in Contemporary Economics, 1991, pp 291-311 from Palgrave Macmillan

Abstract: Abstract Economic development in Kenya during the 1970s and 1980s was characterised by continuous but modest, and at times rapid, economic growth, strong population growth, slowly changing economic structure and large income disparities. Although the modern sector exhibited all the signs of a rapidly developing economy, annual income per person has remained at approximately $300, which puts Kenya into the category of the poorer developing countries.

Keywords: Trade Policy; Domestic Demand; Import Substitution; Industrial Growth; Real Effective Exchange Rate (search for similar items in EconPapers)
Date: 1991
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DOI: 10.1007/978-1-349-11579-2_13

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