An Assessment of the Investment Climate in Kenya
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World Bank
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The central objective of this Investment
Climate Assessment (ICA) is to identify the main impediments
to productivity growth Kenyan firms face. This objective is
achieved through the analysis of firm-level data directly
collected by the World Bank in 2007. This ICA arrives at a
critical juncture; the government has committed to improving
the investment climate, even further convinced that growth
can be achieved only through a prosperous private sector.
Based on the view that prosperity requires a thriving
industrial sector, private sector-led growth is central to
the government's economic recovery strategy and its
recent "vision 2030." In early 2007 Government of
Kenya (GoK) launched its first-ever private sector
development strategy. This strategy is based on five
pillars: improving Kenya's business environment,
accelerating institutional transformation, facilitating
growth through greater trade expansion, improving
productivity of enterprises, supporting entrepreneurship,
and developing small and medium enterprises. All these
pillars are linked to the ICA's analytical goal. The
ICA uses a robust and standardized methodology that has been
applied to many countries worldwide.
Palabras clave
ABSENTEEISM, ACCESS TO CREDIT, AGRICULTURE, ASSET HOLDING, AUDITS, BANKING SECTOR, BENCHMARK, BENCHMARKING, BENCHMARKS, BOOKLET, BORROWING, BOTTLENECKS, BRIDGE, BUSINESS ACTIVITY, BUSINESS CLIMATE, BUSINESS DECISIONS, BUSINESS ENVIRONMENT, BUSINESS INDICATORS, BUSINESS OPERATIONS, BUSINESSES, CAPACITY BUILDING, CAPITAL INVESTMENT, CAPITAL USE, CAREER DEVELOPMENT, COLLATERAL, COLLATERAL REGISTRIES, COLLATERAL REQUIREMENTS, COLLECTION PROCESS, COMMERCIAL BANK, COMMERCIAL BANKS, COMPETITIVE ADVANTAGE, COMPETITIVENESS, CONFLICT OF INTERESTS, CONNECTIVITY, CONTRIBUTIONS, COPYRIGHT, CORPORATE CULTURE, CORPORATE REGISTRIES, CORPORATE TAX RATES, COST OF LABOR, CREDIT BUREAU, CREDIT INFORMATION, CURRENT ACCOUNTS, CURRENT PRICES, CUSTOMS, CUSTOMS CLEARANCE, DEBT, DEVELOPMENT POLICY, DEVELOPMENT STRATEGY, DROUGHT, E BUSINESS, E-MAIL, E-PROCUREMENT, ECONOMIC ACTIVITIES, ECONOMIC DEVELOPMENT, ECONOMIC OUTLOOK, EDUCATIONAL CAMPAIGNS, ELECTRICITY, ENTERPRISE DEVELOPMENT, ENTERPRISE SURVEY, EQUIPMENT, EXCHANGE RATES, EXPORTS, EXTERNAL FINANCING, FARES, FINANCIAL BURDEN, FINANCIAL INSTRUMENTS, FINANCIAL SECTOR, FINANCIAL SUPPORT, GDP, GDP DEFLATOR, GLOBAL ECONOMY, GLOBAL SUPPLY CHAINS, GOVERNMENT CONTRACTS, GOVERNMENT REGULATIONS, GROSS DOMESTIC PRODUCT, GROWTH RATE, HIGH ENERGY, HIGH TRANSPORTATION, HOLDINGS, HOURS OF OPERATION, HUMAN CAPITAL, ID, IMPORT LICENSES, INCOME, INCOMES, INDIRECT COSTS, INFORMATION INFRASTRUCTURE, INFORMATION TECHNOLOGY, INLAND TRANSPORT, INSPECTION, INSPECTIONS, INSTALLATION, INSURANCE, INTEREST RATES, INTERNATIONAL AIRPORT, INTERNATIONAL BANK, INTERNATIONAL COMPARISON, INTERNATIONAL COMPARISONS, INTERNATIONAL DEVELOPMENT, INTERNATIONAL FINANCE, INTERNATIONAL STANDARDS, INVENTORIES, INVENTORY, INVESTMENT CLIMATE, INVESTMENT CLIMATE ASSESSMENT, INVESTMENT DECISIONS, INVESTMENT RATE, JUDICIAL REFORM, LABOR MARKETS, LARGE COMPANIES, LARGE ENTERPRISE, LARGE ENTERPRISES, LARGE FIRMS, LEGAL FRAMEWORK, LICENSE, LICENSES, LINE OF CREDIT, LOAN, LOAN APPLICATIONS, LOAN PRODUCTS, LOCAL GOVERNMENT, LOW-INCOME, MANUFACTURING, MANUFACTURING INDUSTRY, MARGINAL RATE, MATERIAL, MEDIUM ENTERPRISE, MEDIUM ENTERPRISES, MICROENTERPRISES, MINIMUM CAPITAL REQUIREMENT, MINIMUM CAPITAL REQUIREMENTS, NATIONAL HIGHWAYS, OPEN ACCESS, OPPORTUNITY COSTS, PHOTO, POLICE, POLITICAL RISKS, PRIVATE FINANCING, PRIVATE SECTOR, PRIVATE SECTOR DEVELOPMENT, PRIVATE SECTOR PARTICIPATION, PROCUREMENT, PRODUCTION COSTS, PRODUCTION FUNCTION, PRODUCTION PROCESS, PRODUCTIVITY, PRODUCTIVITY GROWTH, PRODUCTIVITY INCREASES, PROFESSIONAL ASSOCIATIONS, PROSPERITY, PUBLIC INVESTMENT, PUBLIC PARTICIPATION, PUBLIC RECORD, PUBLIC TRANSPORTATION, QUALITY OF SERVICES, QUERIES, QUESTIONNAIRE, RAILWAY, RAILWAY SECTOR, RAILWAYS, REAL COST, REAL COSTS, REAL GDP, REBATES, REDUCTION IN TIME, REGISTRATION PROCESS, REGISTRIES, REGRESSION ANALYSIS, REGULATORY ENVIRONMENT, REGULATORY GOVERNANCE, REGULATORY REGIMES, RESPONSIBILITIES, RESULT, RESULTS, RETAIL TRADE, RETURNS, ROAD, ROAD NETWORK, ROAD SECTOR, ROADS, RURAL ROADS, SAFETY, SALARIES, SALES, SECURITY SERVICES, SMALL BUSINESSES, SMALL ENTREPRENEURS, SOCIAL SECURITY, SOCIAL SECURITY CONTRIBUTION, STANDARDIZATION, STOCKS, SUPPLY CHAIN, TAX, TAX IDENTIFICATION NUMBERS, TAX RATE, TAX RATES, TAX REGIME, TAX REVENUES, TAXATION, TECHNOLOGY TRANSFER, TELECOM, TELECOMMUNICATION, TELECOMMUNICATIONS, TELEPHONE, TELEPHONY, TOTAL COSTS, TOTAL FACTOR PRODUCTIVITY, TRAFFIC, TRAFFIC RULES, TRANSIT, TRANSMISSION, TRANSPARENCY, TRANSPORT, TRANSPORT COSTS, TRANSPORT INVESTMENTS, TRANSPORT OF GOODS, TRANSPORTATION, TRANSPORTATION COSTS, TRANSPORTATION INFRASTRUCTURE, TRANSPORTATION SYSTEM, TRAVEL TIME, TREATIES, TRUCK DRIVERS, TRUCKS, TRUE, URBAN ROADS, USES, VALUE ADDED, VERIFICATION, VIRUS, VULNERABLE CONSUMERS, WAGES, WORKING CAPITAL