Economic Growth Theories

Running head : ECONOMIC GROWTH THEORIESIntroductionKenya is a maturement country in East Africa which has shown so much pay back as a country that could develop into a fresh industrialized convey but for the poor economic and semipolitical decisions that have taken place over the last deuce-ace decades . In the region , it has the best infrastructure and its economic and pecuniary structures ar the most developed . Communication wise it substantial the main hub for all international airlines seeking to establish a presence in East and Central Africa . Politically , it has remained stable and has been an island of peace surrounded by nations which have become failed separates or have experience political unrest from independence . In the mid 1970 s both Kenya and Malaysia were at the same level of acquisition and we re at 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 issuance constraints that have held back Kenya from developing and achieving high growth throw up are related to the political and economic setup of the state . From time immemorial corruption has been a way of readiness in the country . Transparency International ranked Kenya build 142 in the world in its 2006 report . It claimed that bribery hurt investors and the ordinary person over 1 billion each year (Transparency International , 2006 . As a starting turn on , the politics has got ! to act decisively against the corruption issue and date that structures are put in place to...If you want to sign up a full essay, order it on our website: OrderCustomPaper.com

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