- Category: News and Highlights
Every six months, KIPPRA publishes the Policy Monitor, a magazine aimed at informing the public and other stakeholders on KIPPRA’s research output in a simplified and relatable manner. Through this platform, our researchers explain their findings in relation to current economic issues while offering practical solutions as well as policy advice.
The lead article in this issue of the Policy Monitor discusses the dynamics of trade, especially in the new constitutional dispensation that saw the creation of counties. Being a critical factor in the country’s economic growth, national development and economic diplomacy, the government has established policies to promote Kenya’s trade interests in the region and internationally. While the national government is mandated to sign agreements and trade treaties, county governments have the key role of internalizing and referring to them when developing their sub-national trade policies and strategies.
Land is one of the most important resources in a country’s development. In Kenya, however, land has been a major source of conflict between communities, and understandably so. Most of the country’s land – 67% of the total acreage – is classified under community land, which is commercially not viable due to diverse informal systems that govern it. This, however, is set to change once the Community Land Bill, 2015 becomes law. Read more to learn about the historical context of land in Kenya and how the new law will unleash the country’s huge potential and fuel its economic take off.
Another law that is set to boost Kenya’s economic growth through industrialization is the Special Economic Zones (SEZs) Act 2015. While manufacturing-led industrialization plays a catalytic role in inclusive economic growth and employment creation as well as holding the promise of achieving the Sustainable Development Goals (SDGs), the manufacturing sector’s contribution to Kenya’s Gross Domestic Product has been declining. However, with proper implementation of the SEZs, which embody a host of production cost reduction incentives such as physical infrastructure and fiscal measures, Kenya will turn the tide on industrial investment. Find out which countries have adopted SEZs to build their economies.
One of the flagship projects under Kenya’s economic blueprint, Vision 2030, is the multibillion dollar Lamu Port-South Sudan-Ethiopia Transport (LAPSSET) corridor. Estimated to cost US$ 24 billion (Ksh 2.4 trillion), the project seeks to spearhead development in undeveloped Northern Kenya while providing South Sudan and Ethiopia, both landlocked countries, with an alternative route to the Indian Ocean through Lamu. Upon completion, the project is expected to transform regional trade by making the movement of goods and services easier. This mega project has, however, faced a number of challenges that have slowed its progress. Find out what they are and what the partner countries can do to overcome them.
Another of Kenya’s economic pillars that has faced major challenges over the years is tourism. Terrorist attacks and subsequent travel advisories have threatened to cripple this crucial industry. However, a careful assessment of the devastating effect of these travel advisories, which are mostly issued by Western countries, reveals that there could be more to them than meets the eye. Get a deeper analysis and possible motive of travel advisories plus many other informative articles in this issue.
The magazine also highlights some of KIPPRA’s events and activities during the last half of 2015.
Click HERE to access the magazine of download it from the 'Latest News' section of the KIPPRA website.