Dear reader,
The author of this blog apologises for the infrequent posting. This blog has become like a shelf-company, it exists but it doesn't operate. Anyway, I decided to give links to a few blog posts that have been written before and that explain the structural issues that led to the annus horribilis that was 2011.
http://futurecapitalkenya.blogspot.com/2009/09/agricultural-reform-blind-visionaries.html
(explaining the lack of investment in agriculture and the likely consequences).
http://futurecapitalkenya.blogspot.com/2009/12/house-of-cards_15.html
(explaining that growth in Kenya has been based on capital accumulation rather than factor productivity. This often ends badly).
http://futurecapitalkenya.blogspot.com/2010/02/distorted-civil-service-pay.html
(Highlighting the fiscal flows in the budget. Highly distorted civil service remuneration).
http://futurecapitalkenya.blogspot.com/2010/10/real-estate-really-analysing-demand.html
(Investment in real estate... of most concern being the non-tradeable status of real estate)
http://futurecapitalkenya.blogspot.com/2011/05/capital-account.html
(explaining the dynamics of the current and capital account).
http://futurecapitalkenya.blogspot.com/2011/08/kenya-impressionable-young-banker.html
(General societal mal-investment)
Happy New Year and I hope to blog more often.
The author of this blog apologises for the infrequent posting. This blog has become like a shelf-company, it exists but it doesn't operate. Anyway, I decided to give links to a few blog posts that have been written before and that explain the structural issues that led to the annus horribilis that was 2011.
http://futurecapitalkenya.blogspot.com/2009/09/agricultural-reform-blind-visionaries.html
(explaining the lack of investment in agriculture and the likely consequences).
http://futurecapitalkenya.blogspot.com/2009/12/house-of-cards_15.html
(explaining that growth in Kenya has been based on capital accumulation rather than factor productivity. This often ends badly).
http://futurecapitalkenya.blogspot.com/2010/02/distorted-civil-service-pay.html
(Highlighting the fiscal flows in the budget. Highly distorted civil service remuneration).
http://futurecapitalkenya.blogspot.com/2010/10/real-estate-really-analysing-demand.html
(Investment in real estate... of most concern being the non-tradeable status of real estate)
http://futurecapitalkenya.blogspot.com/2011/05/capital-account.html
(explaining the dynamics of the current and capital account).
http://futurecapitalkenya.blogspot.com/2011/08/kenya-impressionable-young-banker.html
(General societal mal-investment)
Happy New Year and I hope to blog more often.