BBSF Research Projects (2015)

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http://hdl.handle.net/11071/4315

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Browsing BBSF Research Projects (2015) by Subject "Viability"

Now showing 1 - 2 of 2
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    Viability of an Exchange Traded Commodity Derivatives market in sustaining price stability of Agricultural products in Kenya
    (Strathmore University, 2015-12) Angwenyi, Theodore Omariba
    Simulations are used to analyze the effects of introduction of an Exchange Traded Commodities Derivative market. These effects are both to the consumer and producer of Tea in developing countries. Application to the tea market shows that futures availability can lead to sizeable market- and farm-level effects. Futures availability enhances consumer welfare, and yields important welfare gains for adopters when their market share is small. In order to fix the current inefficiencies in the market, developing countries should thus not only employ market based schemes but also improve both infrastructure and policy consequently leading to a positive impact since market solutions i.e., introduction of Futures do not result in expected welfare gains, price stability and improved production and quality.
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    The viability of long term care insurance in Kenya
    (Strathmore University, 2014-11) Wanja, Njau Lilian
    Kenya's population aged 60 and above is rapidly ageing. The available facilities catered towards meeting the health care needs of Kenya's ageing population are inadequate and may not be able to manage this growing population.2 additionally, the public facilities available have only the basic outpatient and inpatient facilities which are not sufficient to accommodate the health needs of the population aged 60 and above. On the other hand, the private facilities available in Kenya cover these needs by providing nursing care as well as residential care. However these facilities prove to be overly expensive and can cause a financial burden on the party taking out these services. This research assesses Long Term Care Insurance as an affordable solution to providing the needed health care services for Kenya's ageing population as well as considers the viability of such a scheme in Kenya. This has been done by determining the factors that affect the sustainability of such a product in the Kenyan market. Besides this, an appropriate contribution rate for a suitable LTC! Policy was determined. This was done by using the Markov process through the multi-state model in the pricing of the scheme. This research shows that a long term care insurance scheme is sustainable in Kenya as it can be both affordable and comprehensive in terms of what the benefits can afford the policyholder. Different contribution rates were established for males and females due to their different inherent risk set and needs.