Financial deepening has proven to enhance economic growth by mobilizing investments and boosting productivity in developing countries. However, the empirical literature regarding its relationship with economic growth in ...

This study examined the macroeconomic determinants of exchange rate volatility based on evidence from Kenya from 1971 to 2024. The study employed Autoregressive Distributed Lag (ARDL) bounds testing for co-integration ...

The main aim of this study is to examine the moderating role of financial literacy on the relationship between clan culture and the financial performance of Small and medium-sized enterprises. The study employed ...

The food and beverage processing sector in Kenya is vital to the national economy due to its role in job creation and its contribution to GDP. However, its competitiveness has faced challenges stemming from high operational ...

This study examined how economic growth, tax revenue, government expenditure, and corruption levels affect the indebtedness of county governments in post-COVID-19 Kenya. It was based on the theory of debt accumulation ...

Financial sectors that effectively mobilize savings and allocate resources play a crucial role in promoting financial inclusion, which in turn enhances resource allocation and risk management, ultimately influencing ...

Financial deepening has been found to stimulate economic growth by its capability to mobilize investments, thereby making financial resources readily available and, hence, raising efficiency. However, the reviewed empirical ...

Foreign direct investment, government expenditure, public debt, inflation rate, interest rates, and money supply are essential macroeconomic variables that can alter currency volatility and its impact on the Kenyan ...

Health spending is a major concern in low- and middle-income countries because of the less finances allocated in the health sector. One of the main goals of the Kenyan government's "big four" development strategy, which ...

An investigation into the growth of GDP and public debt in Kenya shows that during the period 1963 to 2008, the economy experienced cyclical booms and depressions with the economic booms in mid 1970s, late 1980s, and ...