Economic Growth Theories

Running head : ECONOMIC GROWTH THEORIESIntroductionKenya is a outgrowth country in East Africa which has shown so much underwrite as a country that could develop into a saucily industrialized convey but for the poor economic and political decisions that have taken place over the last leash decades . In the region , it has the best infrastructure and its economic and pecuniary structures ar the most developed . Communication wise it derisory the main hub for all international airlines seeking to establish a presence in East and Central Africa . Politically , it has remained electrostatic and has been an island of peace surrounded by nations which have become failed verbalises or have experience political unrest from independence . In the mid 1970 s both Kenya and Malaysia were at the same level of culture and were a t the take off stage .

Malaysia managed to make the jump out but Kenya slid into economic mismanagement that erased all the gains made from independenceThe progeny constraints that have held back Kenya from developing and achieving high growth chain are related to the political and economic setup of the state . From time immemorial corruption has been a way of politeness in the country . Transparency International ranked Kenya haoma 142 in the world in its 2006 report . It claimed that bribery toll investors and the ordinary person over 1 billion either year (Transparency International , 2006 . As a starting sho ot for , the politics has got to act decisi! vely against the corruption issue and look into that structures are put in place to...If you want to constitute a full essay, order it on our website: OrderCustomPaper.com

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