The important policy question is not whether Kenya can become Singapore overnight.
The question is:
What reforms can sustain higher productivity growth for decades?
I'd be interested in hearing your thoughts.
#DevelopmentEconomics@IEAKwame@DavidNdii
The results are illustrative rather than predictive. They highlight one of the most important principles in economics:
Small differences in sustained annual growth accumulate into enormous differences in living standards over time.
The proposed Mall, which will be bigger than the BBS Mall has undoubtedly placed Machakos firmly in national discussions about ambitious infrastructure and private sector investment. #MachakosGDP
Our paper “Difference-in-Differences Designs: A Practitioner’s Guide” is now published in the Journal of Economic Literature. It took us a while but we are happy!
We put together a lot of material to make the paper useful in practice: https://t.co/30TbAgihlz
Hope you like!
Kenyan researcher Professor George Njoroge wins Sh446 million award alongside UK scientist Professor Robert Bristow, for advancing early detection of oesophageal cancer.
🇰🇷 South Korea went from one of the poorest countries on Earth to a top-10 economy in a single generation.
GDP per capita in 1960: ~$158
GDP per capita today: ~$33,000
No natural resources. No head start.
Just education, discipline, and 60 years.