Munich Personal RePEc Archive

Poverty and economic development of Kenya

Mohajan, Haradhan (2013): Poverty and economic development of Kenya. Published in: International Journal of Information Technology and Business Management , Vol. 18, No. 1 (29. October 2013): pp. 72-82.

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Abstract

The economy of Kenya has been continued to be the largest in the East African region and third largest in Sub-Saharan Africa after South Africa and Nigeria respectively. At present Kenya is one of the most highly literate countries in sub-Saharan Africa. But more than 60% people of Kenya live below the poverty line. Rapid increases in inflation could reduce economic growth and worsen the poverty levels of the citizens of Kenya. In Kenya economic development is dependent on agricultural improvement. Kenya is the largest food and agricultural products importer in east Africa. About 82% of the total land in Kenya is classified as arid and semi-arid. Agricultural products depend on proper rainfall. Staple food of Kenya is maize, which accounted about 65% of total staple food caloric intake and 36% of total food caloric intake. The cash income of the rural people of Kenya comes from the selling of agricultural products. At present the government of the country is trying to reduce poverty. An attempt has been taken here to discuss the food and economic situation and the development of these sectors of the country.

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