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Shifting Kenya's Private Sector into Higher Gear : A Trade and Competitiveness Agenda

COMPETITIVENESS AGENDA HARMONIZATION FINANCIAL SERVICES REGULATORY FRAMEWORK EQUIPMENT ECONOMIC GROWTH COMMUNICATION INFRASTRUCTURE LOGISTICS SYSTEMS OUTDATED TECHNOLOGY MARKET OPPORTUNITIES GLOBAL MARKETS MATERIALS GLOBAL COMPETITIVENESS LAW ENFORCEMENT ENTERPRISE SURVEY VALUE CHAIN FINANCIAL RESOURCES INFORMATION LABOR FORCE MONITORING IMPACT ASSESSMENT BUSINESS ASSOCIATION ENTERPRISE SURVEYS INCENTIVES INDUSTRIAL DEVELOPMENT INTERNAL CAPABILITIES TECHNOLOGICAL INNOVATION CAPACITY BUILDING TECHNICAL SKILLS E-BUSINESS PRICE VERIFICATION RETAIL TRADE RETAIL CONSUMERS MARKET ACCESS REGISTRY ENABLING ENVIRONMENT BUSINESS PROCESS SUPERMARKET ECONOMIC ACTIVITY NEW TECHNOLOGIES PRICE FIXING COMMUNICATIONS AUTOMATION OF BUSINESS FOREIGN TRADE TECHNICAL ASSISTANCE BUSINESS REGULATION GLOBAL ECONOMY TELECOMMUNICATIONS SILOS CUSTOMS VALUE CHAINS GROWTH PATH PRODUCTIVITY OPTIONS BUSINESS SERVICES DIGITAL ECONOMY BARRIERS TO ENTRY PRIVATE INVESTMENT AUTOMATION CONSULTANT CONNECTIVITY DIGITAL TECHNOLOGY LINKS ACTION PLAN PRIVATE SECTOR DEVELOPMENT TECHNOLOGY TRANSFERS BUSINESS REGISTRATION MOVEMENT OF GOODS CAPABILITIES GOVERNMENT SERVICES RESOURCES MANUFACTURING USERS TECHNOLOGY INTERNATIONAL STANDARDS R&D BUSINESS PROCESSES PRODUCTIVITY GROWTH ORGANIZATIONAL INNOVATIONS MONITORING MECHANISMS TRADE SYSTEMS CLIMATE CHANGE GLOBAL MARKET SOFTWARE BEST PRACTICES RESULTS COMPETITIVENESS ELECTRICITY CREDIT FOREIGN INVESTMENT NETWORKS PROPERTY PRIVATE SECTOR ENVIRONMENT SUPPLY CHAIN TERMS OF TRADE MARKET COMPETITION RESULT GOVERNMENT POLICIES BUSINESS ENVIRONMENT RANKINGS CARTELS INTERNATIONAL BEST PRACTICES TRADE ICT LAND LICENSES TECHNOLOGY TRANSFER BUSINESS BUSINESSES NETWORK BANDWIDTH ADMINISTRATIVE PROCEDURES BUSINESS STRATEGY PERFORMANCE BUSINESS ENVIRONMENT RETENTION MARKET DEMAND INNOVATION PRIVATE INVESTMENTS EMPIRICAL EVIDENCE SITES PROTOCOL OPEN MARKETS COMMUNICATION GOVERNMENT-TO-BUSINESS DATABASE TECHNOLOGIES GROWTH POTENTIAL OUTSOURCING PRICES INNOVATIONS COMPETITION
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World Bank, Washington, DC
Africa | Kenya
2016-06-02T21:48:10Z | 2016-06-02T21:48:10Z | 2016-04-01

Shifting Kenya’s private sector into higher gear: a trade and competitiveness agenda’ was born out of the World Bank’s Trade and Competitiveness (T&C) Global Practice recent stock taking of its work in Kenya. This was part of a Programmatic Approach that aimed to organize T&C’s knowledge, advisory, and convening services to address Kenya’s development challenges in the private sector space. By Sub-Saharan African standards, Kenya has a large private sector, which accounts for around 70 percent of total formal employment. As a result, the dynamics of the private sector are a key determinant of the trajectory of the Kenyan economy. The country’s product market regulations a restrictive for domestic competitors and foreign entrants, and the actions of cartels and behavior of dominant firms across sectors undermines competition and hurts consumers. The Kenyan Government recognizes these challenges and has invested significantly in unlocking these bottlenecks with impressive results so far and several important laws passed. Additional efforts to ease regulatory constraints and expedite important legislative changes could improve the investment climate at national and county levels.

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