An Assessment of the Investment Climate in Kenya

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...

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Bibliographic Details
Main Author:	Iarossi, Giuseppe
Format:	Publication
Language:	English
Published:	World Bank 2012
Subjects:	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
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000334955_20090312074711 http://hdl.handle.net/10986/2603

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Summary:	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.

An Assessment of the Investment Climate in Kenya

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