• Login
    View Item 
    •   Repository Home
    • Master Theses and Dissertations(MST)
    • MST-School of Economics
    • MST-Department of Applied Economics
    • MST-Department of Applied Economics
    • View Item
    •   Repository Home
    • Master Theses and Dissertations(MST)
    • MST-School of Economics
    • MST-Department of Applied Economics
    • MST-Department of Applied Economics
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Debt Sustainability and the Optimal Debt in Kenya

    Thumbnail
    View/Open
    Full text Thesis (36.36Mb)
    Date
    2014-03-10
    Author
    Nandelenga, Martin Wafula
    Metadata
    Show full item record
    Abstract
    Sustainability of debt and optimal debt of a country has become an important issue for adequate macroeconomic management. This paper looks at the debt sustainability and optimal debt of the government of Kenya that can enhance a 10 percent economic growth as projected in Vision 2030. In this regard cointegration testing of the present value budget constraint was the main tool that was used to empirically analyse the sustainability of the historical fiscal process and simulation was used to determine the optimal debt that could enhance achievement of 10 percent gross domestic product (GDP) growth as projected in Vision 2030. The findings suggest that public debt has infact been sustainable and point to the prudent public sector policies by the 'fiscal authorities. On the optimal debt, the findings from the simulation show that a debt to GDP ratio of35.2% is optimal to achieve a 10% economic growth projected in Kenya-Vision 2030.
    URI
    http://ir-library.ku.ac.ke/handle/123456789/9235
    Collections
    • MST-Department of Applied Economics [93]

    Designed by Library ICT Team copyright © 2017 
    Contact Us | Send Feedback

     

     

    Browse

    All of RepositoryCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsThis CollectionBy Issue DateAuthorsTitlesSubjects

    My Account

    LoginRegister

    Designed by Library ICT Team copyright © 2017 
    Contact Us | Send Feedback