A Participatory Market-Oriented Strategy for Development in Kenya Kennesaw State University 19 Annual Economics Convention Mumbai‚ India December 16-17‚ 2011 Chris Blackburn‚ James Chapman‚ Kendrick Pulver‚ Shamir Virani‚ Jarret Yingling Advisors: Professor Murat Doral and Professor Michael Patrono th Foreword Africa’s emergence into the global marketplace presents new challenges for its postcolonial countries that seek improvement in their standard of living. Kenya’s post-colonial economic
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Background Information Kenya & Poverty • 55.4% (17.1 mil people) lived below extreme poverty line (US$1 /day) 55 4% (17 1 in 2001 • Large Income Disparities: b/w richest & poorest‚ b/w urban & rural (Year of 2001) Life expectancy at birth Adult literacy rate GDP / head UN Human Develop. Index (‘02) KENYA 45 years 84% US$1‚020 148th CANADA % of Kenya’s Total Inco s ome 100% 80% 60% 40% 20% 0% More than 79 years 99% US$29‚480 4th Urban Rural Poorest 20% Middle 60%
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SECTION 2-1 REVIEW AND REINFORCE •Understanding Main Ideas Answer the following questions on a separate piece of paper. 1. What factors determine whether water soaks into the ground or flows over the ground as runoff? The nature of the ground‚ the rate of the rainfall‚ and the slope of the land. 2. Draw a simple sketch of a river system. Include and label the following: headwaters. Tributary‚ oxbow lake‚ meander‚ flood plain‚ delta‚ and mouth
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Political Risk Analysis KENYA Table of contents 1. OVERVIEW 3 1.1. GEOGRAPHIC FEATURES 3 1.2. CLIMATIC CONDITIONS 3 1.3. POPULATION 4 1.4. BACKGROUND OF KENYA’S ECONOMY (1960-2010) 5 2. POLITICAL CRITERIA 8 2.1. GENERAL 8 2.2. THE POLITICAL BALANCE OF POWER 9 2.3. PRESENT GOVERNMENT AND HIS ATTITUDES AND PROGRAMS 9 2.4. POLITICAL STABILITY IN KENYA 10 3. CRITERIA RELATED TO DOMESTIC ECONOMY 11 3.1. GENERAL INFORMATION 11 3.2. GDP 11 3.3. MOST IMPORTANT SECTORS AND PRODUCTS 12 3.4
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Ratio Analysis Activity Ratios This ratios show how efficient Kenya Airways has been in managing its working capital. Being a service industry this ratio is a key indicator possible area to reduce inefficiency in future. KQ Activity Ratios Years | 2012 | 2011 | 2010 | 2009 | 2008 | Average Collection Period (Debtors ratio) | 48.6 | 58.8 | 46.7 | 51.0 | 43.6 | Inventory Day (Inventory Conversion Period) | 9.19 | 8.70 | 8.17 | 7.94 | 8.52 | Creditor’s Period | 50.93 | 65.31 | 75.27 | 67
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The Eurozone crisis (often referred to as the Euro crisis) is an ongoing crisis that has been affecting the countries of the Eurozone since late 2009. It is a combined sovereign debt crisis‚ a banking crisis and a growth and competitiveness crisis.[8] The crisis made it difficult or impossible for some countries in the euro area to repay or re-finance their government debt without the assistance of third parties. Moreover‚ banks in the Eurozone are undercapitalized and have faced liquidity problems
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Understanding the causes of 2007-09 ‘financial crisis’…and the UK government’s response- An essay by Shirumisha Kwayu Posted on 18/04/2013 by Aikande Kwayu Note to the reader: This is the first entry that is not written by me (i.e. Aikande Kwayu). The blog is now inviting entries by interested people…if you think you may have something to share please feel free to email me. And now…let’s learn a bit about the recent financial crisis and how the UK government responded. It’s important to understand
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development where the booming economies followed by the financial crisis. The Iceland financial regulator (FME) is playing a vital role in preventing the crisis. They need to make sure that the management is doing their job well. Besides that‚ they must confirm that the information they grabbed is reliable. Too‚ make sure that there is enough risk awareness especially for financial aspect in the country. Then‚ the FME also need to cope the crisis in realistic. Overall‚ they need to make sure the limited
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CHAPTER ONE 1.1 Introduction This chapter comprises of the background‚ statement of the problem‚ objectives of the study‚ research questions‚ significance of the study‚ the scope of the study and the conceptual framework. 1.2 Background to the problem Every 10 years‚ the IUCN World Parks Congress (WPC) brings together conservation experts from around the world to share information and ideas‚ and set a global policy agenda for protected areas. The 5th IUCN World Parks Congress was held
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European Crisis The article “Euro Crisis” explains in the detail the current economic problems that the European Union is struggling with. The article references highly educated professors and economists who help to explain some of the reasons why the European Union fell into this crisis. They also helped explain the possible outcomes of the recession in Europe‚ the way it affects the United States‚ and what actions should be taken in order to improve the current situation. This crisis has concerned
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