Storm clouds gathering : World Bank report on Kenya 2015 Kenya

Pdf report Pdf report STORY HIGHLIGHTS The most recent World Bank Group economic update for the country projects that Kenya’s economy will grow at 5.4% in 2015, rising to 5.7% in 2016 Economic performance, supported by government investment in infrastructure and consumer demand, remains solid despite challenges emerging from the global financial system, according to …

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Does anti austerity policy prescription work for developing countries ?

Should the recent calls for anti austerity measures apply to developing economies?   Anti austerity can be referred to the idea that balancing your budget is a bad thing, the idea that budget deficit is very good, that debt to GDP ratio is not meaningful because some countries like UK US Japan have their debt …

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Emerging Markets at Risk IMF Warns

GLOBAL FINANCIAL STABILITY REPORT Rise in Emerging Market Corporate Debt Driven by Global Factors IMF Survey September 29, 2015 Firm borrowing has quadrupled in past decade Low interest rates, investor search for higher returns play role Emerging markets must prepare for higher interest rates Debt levels of firms in emerging market economies have risen, particularly …

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