Shifting Kenya's Private Sector into Higher Gear

Shifting Kenya’s private sector into higher gear: a trade and competitiveness agenda’ was born out of the World Bank’s Trade and Competitiveness (T&C) Global Practice recent stock taking of its work in Kenya. This was part of a Programmatic Approach that aimed to organize T&C’s knowledge, advisory, and convening services to address Kenya’s development challenges in the private sector space. By Sub-Saharan African standards, Kenya has a large private sector, which accounts for around 70 percent of total formal employment. As a result, the dynamics of the private sector are a key determinant of the trajectory of the Kenyan economy. The country’s product market regulations a restrictive for domestic competitors and foreign entrants, and the actions of cartels and behavior of dominant firms across sectors undermines competition and hurts consumers. The Kenyan Government recognizes these challenges and has invested significantly in unlocking these bottlenecks with impressive results so far and several important laws passed. Additional efforts to ease regulatory constraints and expedite important legislative changes could improve the investment climate at national and county levels.

Bibliographic Details

Main Author:	World Bank Group
Format:	Report biblioteca
Language:	English en_US
Published:	World Bank, Washington, DC 2016-04-01
Subjects:	COMPETITIVENESS AGENDA, HARMONIZATION, FINANCIAL SERVICES, REGULATORY FRAMEWORK, EQUIPMENT, ECONOMIC GROWTH, COMMUNICATION INFRASTRUCTURE, LOGISTICS SYSTEMS, OUTDATED TECHNOLOGY, MARKET OPPORTUNITIES, GLOBAL MARKETS, MATERIALS, GLOBAL COMPETITIVENESS, LAW ENFORCEMENT, ENTERPRISE SURVEY, VALUE CHAIN, FINANCIAL RESOURCES, INFORMATION, LABOR FORCE, MONITORING, IMPACT ASSESSMENT, BUSINESS ASSOCIATION, ENTERPRISE SURVEYS, INCENTIVES, INDUSTRIAL DEVELOPMENT, INTERNAL CAPABILITIES, TECHNOLOGICAL INNOVATION, CAPACITY BUILDING, TECHNICAL SKILLS, E-BUSINESS, PRICE, VERIFICATION, RETAIL TRADE, RETAIL CONSUMERS, MARKET ACCESS, REGISTRY, ENABLING ENVIRONMENT, BUSINESS PROCESS, SUPERMARKET, ECONOMIC ACTIVITY, NEW TECHNOLOGIES, PRICE FIXING, COMMUNICATIONS, AUTOMATION OF BUSINESS, FOREIGN TRADE, TECHNICAL ASSISTANCE, BUSINESS REGULATION, GLOBAL ECONOMY, TELECOMMUNICATIONS, SILOS, CUSTOMS, VALUE CHAINS, GROWTH PATH, PRODUCTIVITY, OPTIONS, BUSINESS SERVICES, DIGITAL ECONOMY, BARRIERS TO ENTRY, PRIVATE INVESTMENT, AUTOMATION, CONSULTANT, CONNECTIVITY, DIGITAL TECHNOLOGY, LINKS, ACTION PLAN, PRIVATE SECTOR DEVELOPMENT, TECHNOLOGY TRANSFERS, BUSINESS REGISTRATION, MOVEMENT OF GOODS, CAPABILITIES, GOVERNMENT SERVICES, RESOURCES, MANUFACTURING, USERS, TECHNOLOGY, INTERNATIONAL STANDARDS, R&D, BUSINESS PROCESSES, PRODUCTIVITY GROWTH, ORGANIZATIONAL INNOVATIONS, MONITORING MECHANISMS, TRADE SYSTEMS, CLIMATE CHANGE, GLOBAL MARKET, SOFTWARE, BEST PRACTICES, RESULTS, COMPETITIVENESS, ELECTRICITY, CREDIT, FOREIGN INVESTMENT, NETWORKS, PROPERTY, PRIVATE SECTOR, ENVIRONMENT, SUPPLY CHAIN, TERMS OF TRADE, MARKET COMPETITION, RESULT, GOVERNMENT POLICIES, BUSINESS ENVIRONMENT RANKINGS, CARTELS, INTERNATIONAL BEST PRACTICES, TRADE, ICT, LAND, LICENSES, TECHNOLOGY TRANSFER, BUSINESS, BUSINESSES, NETWORK, BANDWIDTH, ADMINISTRATIVE PROCEDURES, BUSINESS STRATEGY, PERFORMANCE, BUSINESS ENVIRONMENT, RETENTION, MARKET DEMAND, INNOVATION, PRIVATE INVESTMENTS, EMPIRICAL EVIDENCE, SITES, PROTOCOL, OPEN MARKETS, COMMUNICATION, GOVERNMENT-TO-BUSINESS, DATABASE, TECHNOLOGIES, GROWTH POTENTIAL, OUTSOURCING, PRICES, INNOVATIONS, COMPETITION,
Online Access:	http://documents.worldbank.org/curated/en/2016/05/26354526/shifting-kenyas-private-sector-higher-gear-trade-competitiveness-agenda https://hdl.handle.net/10986/24394
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