الوضع الاقتصادي لكينيا ما بين عامي (1983-1990)

Asst. Lect. Asma Ghani Daoud; Prof. Dr. Muafaq Hadi Salem

doi:10.33193/IJoHSS.43.2023.541

Asst. Lect. Asma Ghani Daoud History Department, College of Education for Human Sciences, University of Diyala, Iraq
Prof. Dr. Muafaq Hadi Salem History Department, College of Education for Human Sciences, University of Diyala, Iraq

DOI: https://doi.org/10.33193/IJoHSS.43.2023.541

Keywords: Economy, Trade, Agriculture, Banking, Fishing

Abstract

Kenya's insecurity is partly due to the economic pressure it has been experiencing since its independence from British colonial rule in 1963. Although its economy was growing, it was unable to provide employment for most of the new entrants to the labor force, who numbered (300) thousand arrivals annually.

Kenya published its five-year development plan (1983-1988), which included inaccurate assumptions for rapid economic growth, but even its optimistic estimates implied modest real growth in per capita income. The plan recognized that employment was growing too slowly to create non-agricultural jobs for most citizens, and a larger labor force was not leading to significantly greater resource efficiency either.

The external debt was an increasing burden, and the larger development plan must be financed from within, and since there was only a weak opportunity to stimulate growth through state investments, the only way out of that crisis was to liberalize the domestic private sector and reduce state spending.

The government was committed to reducing the state's footprint and liberalizing trade, but it was struggling to fulfill its promises, and while there was some financial liberalization, change in other sectors was very slow and unstable.

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- https://ar.wikipedia.org.

Kenya's Economic Situation between years (1983-1990)

Abstract

References