Enhancing the competitiveness of Kenya's manufacturing sector: the role of the investment climate

Content Provider	Semantic Scholar
Author	Söderbom, Måns Desai, Vyjayanti Elbadawi, Ibrahim A. Blattman, Christopher Ngugi, Rose Wanjiru Habyarimana, James P. Cotton, Linda Marchat, Jean Michel Noel Shah, Manju Kedia Ramachandran, Vijaya Ajayi, Kehnide Kimuyu, Peter Bigsten, Arne
Copyright Year	2004
Abstract	The objectives of the ICA are to assess the current performance of formal manufacturing firms, to identify the key constraints on their growth and competitiveness, and to prioritize and assess policy priorities to promote private sector development. While attention is often drawn to the large and growing informal sector, the formal manufacturing sector remains of crucial interest because it is one of the largest and most productive sectors in the economy. The formal manufacturing sector represents roughly 13 percent of GDP in spite of employing less than 1.5 percent of the workforce. Policies that promote improvement and expansion of the formal sector can therefore have a disproportionately large impact on national wealth. By size and rate of growth the informal manufacturing sector is larger- as a whole it employs roughly 40 percent of the workforce, and more than three quarters of all manufacturing workers are employed there. These firms tend to be very small and unproductive, however, which is why the formal sector accounts for such a large share of GDP.
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File Format	PDF HTM / HTML
Alternate Webpage(s)	http://chrisblattman.com/documents/policy/2005.KenyaICA.WorldBank.Exec%20Summ.pdf
Language	English
Access Restriction	Open
Content Type	Text
Resource Type	Article