Publication: Fiscal Policies and Institutions for Shared Growth in Kenya : Lessons from the Global Crisis
Date
2010-04
ISSN
Published
2010-04
Author(s)
World Bank
Abstract
This report brings together three budget
notes that assess Kenya's fiscal capacity to respond to
global crisis and deliver shared growth without compromising
macroeconomic stability. The report is organized into three
notes. The key messages from this analysis point to areas
where Kenya's fiscal policy requires strengthening.
The first note is an assessment of Kenya's fiscal
stance and suggests an appropriate fiscal anchor for Kenya.
The second note reviews the status of public investment in
Kenya and suggests the reforms required to improve public
investment planning and implementation. The subject of the
third note is pro-poor spending and targeted subsidy
programs. This study concludes that the targeted cash
transfers, unemployment benefits, and workfare programs
provide automatic stabilizers for fiscal policy during crisis.
Citation
“World Bank. 2010. Fiscal Policies and Institutions for Shared Growth in Kenya : Lessons from the Global Crisis. © Washington, DC. http://openknowledge.worldbank.org/entities/publication/2fa679ce-afb0-5905-ab48-f18f112dff2b License: CC BY 3.0 IGO.”