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.

(explaining the lack of investment in agriculture and the likely consequences).

(explaining that growth in Kenya has been based on capital accumulation rather than factor productivity. This often ends badly).

(Highlighting the fiscal flows in the budget. Highly distorted civil service remuneration).

(Investment in real estate... of most concern being the non-tradeable status of real estate)

(explaining the dynamics of the current and capital account).

(General societal mal-investment)

Happy New Year and I hope to blog more often.