Capital flight remains a fundamental academic and policy issue for developing countries. During the early 1990s the debt crisis appeared to have been contained and attention to the capital flight phenomenon waned. However, ...

We conduct a fractional integration and cointegration study of several Kenyan electricity price series in order to determine whether signs of persistence or mean reversion can eventually be discovered. Such features can ...

On August 5, 2010 Kenyans adopted a new constitution by the approval of almost 70% of voters. This was the culmination of almost two decades of mainly non-violent struggle for constitutional reform. Kenya’s previous ...

This article investigates the statistical properties of the total number of arrivals and departures in Kenya for the time period 1975Q1–2011Q4 by looking at the degree of persistence of the series. We use long range ...

Market structure as represented by market concentration and competition affects the technical efficiency of the banking industry. However, the direction of the relationship between market structure and technical efficiency ...

The study investigates the structural sources of constitutional conflicts in Kenyan society by examining the process and content debates in the constitutional review process that took place between 1997 and 2005. The study ...