Michael Kithinji
Broschiertes Buch

Effect of public debt and budget deficit on Kenya's economic growth

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Bachelor Thesis from the year 2021 in the subject Politics - Region: Africa, , language: English, abstract: This paper discusses the effect of public debt and budget deficit on Kenya's economic growth. Kenya's public debt has proliferated, precipitating debate on its impact on economic performance and causing public anxiety. The purpose of this quantitative ex post facto study was to investigate the long run and causal relationship between Kenya's public debt and economic growth. Keynesian's theory, Ricardian equivalence theory, and neoclassical theory provided the framework for the study. Res...