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Money Targeting in a Modern Forecasting and Policy Analysis System: an Application to Kenya

Author/Editor: Michal Andrle, Andrew Berg, Enrico Berkes, Rafael A Portillo, Jan Vlcek, R Armando Morales.

Release Date: November, 2013

Price: $18.00

We extend the framework in Andrle and others (2013) to incorporate an explicit role for money targets and target misses in the analysis of monetary policy in low-income countries (LICs), with an more...



Forecasting and Monetary Policy Analysis in Low-Income Countries: Food and non-Food Inflation in Kenya

Author/Editor: Michal Andrle, Andrew Berg, R Armando Morales, Rafael Portillo, Jan Vlcek.

Release Date: March, 2013

Price: $18.00

We develop a semi-structural new-Keynesian open-economy model, with separate food and non-food inflation dynamics, for forecasting and monetary policy analysis in low-income countries and apply it to more...



Tracking Short-Term Dynamics of Economic Activity in Low-Income Countries in the Absence of High-Frequency GDP Data

Author/Editor: Shiv Dixit, Maxwell Opoku-Afari.

Release Date: May, 2012

Price: $18.00

This paper uses a set of routinely collected high-frequency data in low-income countries (LICs) to construct an aggregate and a comprehensive index of economic activity which could serve (i) as a more...



Kenya: Third Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Modification of Performance Criteria - Staff Report; Press Release

Release Date: April, 2012

Price: $18.00

Kenya: 2011 Article IV Consultation, Second Review Under the Three-Year Arrangement Under the Extended Credit Facility and Requests for Modification of Performance Criteria and Augmentation of Access - Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Kenya.

Release Date: January, 2012

Price: $18.00

Kenya: Poverty Reduction Strategy Paper - Progress Report

Release Date: January, 2012

Price: $18.00

Kenya: First Review Under the Three-Year Arrangement Under the Extended Credit Facility, Request for Waivers and Modification of Performance Criteria - Staff Report; Press Release

Release Date: July, 2011

Price: $18.00

Kenya : Request for a Three-Year Arrangement Under the Extended Credit Facility-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Kenya

Release Date: February, 2011

Price: $9.00

Kenya’s economy is bouncing back following multiple shocks between 2008 and 2009. The program targets a gradual reduction in the central government primary balance through tax reform and strict more...



Measuring Financial Barriers Among East African Community Countries

Author/Editor: Yi David Wang.

Release Date: August, 2010

Price: $18.00

This paper seeks to quantify existing financial barriers among East African Community (EAC) member countries based on analysis of each member country’s foreign exchange market. The primary more...



Kenya : Poverty Reduction Strategy Paper

Release Date: July, 2010

Price: $18.00

The Medium Term Plan (MTP) identifies the key policy actions and reforms, as well as programs and projects that the Grand Coalition Government in Kenya intends to implement. The overall objective is more...



Kenya : Report on Observance of Standards and Codes: Fiscal Transparency Module

Release Date: March, 2008

Price: $18.00

In Kenya, the general government is not defined consistently with government finance statistics (GFS) principles. Relationships between the central government and public nonfinancial and financial more...



Kenya : Poverty Reduction Strategy Annual Progress Report: 2003/2004

Release Date: May, 2007

Price: $18.00

Kenya’s Poverty Reduction Strategy Annual progress report highlights that sound macroeconomic management policies are finally beginning to yield results in terms of macroeconomic growth, which more...



Kenya : Poverty Reduction Strategy Annual Progress Report: 2004/2005

Release Date: May, 2007

Price: $18.00

This paper examines Kenya’s Poverty Reduction Strategy annual progress report. The Investment Program for the Economic Recovery Strategy is Kenya’s medium-term strategy to foster economic more...



Kenya : Poverty Reduction Strategy Papers: 2003/2004 and 2004/2005: Joint Staff Advisory Note

Release Date: May, 2007

Price: $18.00

This paper presents a Joint Staff Advisory Note on Kenya’s Poverty Reduction Strategy Papers. Kenya is implementing the three-tiered East Africa Community (EAC) common external tariff and needs more...



Kenya : Request for a Three-Year Arrangement under the Poverty Reduction and Growth Facility

Release Date: January, 2004

Price: $15.00

Kenya showed poor implementation of policies and weak economic performance under the Poverty Reduction and Growth Facility (PRGF) arrangement. The government formulated a new Economic Recovery more...



Kenya : Staff Report for the 2003 Article IV Consultation

Release Date: July, 2003

Price: $15.00

Kenya showed low economic performance owing to governance problems and the slow pace of structural reforms. Executive Directors emphasized the need to lower public debt and tighten fiscal and more...



Kenya : Selected Issues and Statistical Appendix

Release Date: July, 2003

Price: $15.00

This selected issues paper assesses Kenya's revenue performance, the labor market, and the health of the banking sector. It analyzes Kenya's revenue potential, tax system, and economic activity while more...