The term project is a case study of a developing country, (which is Kenya), that has undertaken some sort of structural change and/or implemented some major developmental policy reform within the last five to ten years. The paper is to provide a description of purpose of the policy reform, including the motivation for the major change. That is, the paper is to describe the existing conditions in Kenya prior to the implementation of a structural change or major policy reform. The goal of this paper is to provide the “background” information of Kenya, including relevant statistical information, which sets the stage for describing why traditional, neo-classical policy reform was unsuccessful or detrimental to Kenya?s economic development. Try to draw connections between the actual growth experiences in Kenya and relevant theories (and criticisms of) economic development in the literature.
In addition to the background summary, you should explain why the previous, traditional, growth-oriented policies were inadequate. Development reform programs are almost always implemented because earlier reforms produced unsatisfactory results. What were these unsatisfactory results?
The statistical information you provide will likely be specific to the existing problems in Kenya as well as the nature of the policy reform; however, to get you started consider including some of the following information:
– the composition of Kenya”s population and household structure(i.e. demographic info,% population in rural areas, level of education attainment, roles of family members(economic, social, cultural, religious)
-structure of Kenya”s economy(i.e. to what extent are economic decisions answered by market forces as opposed to government policy, how well do prices(of goods, services, resources, foreign currency, etc.) adjust to market forces)
Specific Guidelines:
Typewritten, Double-spaced using a standard 12-font type such as Times New Roman with 1″ margins. The paper must include a list of works cited and a list of other references used in writing your paper.
