Kenya is seeking to boost rice production in partnership with the Korean government, in response to the growing demand for rice consumption as younger generations increasingly shift away from the ...

The factors of production are the resources used in creating and producing a good or service and are the building blocks of an economy. Learn why they're important.

The cost of living was the cause of demonstrations in 142 countries over the previous 12 months, according to a 2022 study.

The initiative aligns with Kenya’s broader strategy to improve emergency and critical care infrastructure. In recent years, the Ministry of Health has expanded the number of oxygen-generating plants ...

The Purpose of the Economy So far, we have managed to refute common economic arguments in favor of interventionism and price inflationism by thinking through a hypothetical free market economy with a ...

Mainstream economics is deterministic, holding that economic actors continue to move in one directions, not responding to changes in economic circumstances or incentives. The Austrians understand ...

The Netherlands is amongst the top three export trading partners for Kenya and the largest in the European Union, with a trading volume exceeding all the other EU countries combined.

Kenya's economy experienced a slowdown in the third quarter of 2024, recording a 4.0% growth compared to a stronger 6.0% in the same quarter of 2023, according to the Kenya National Bureau of ...

By revealing that the educational supply production mechanisms and physical and human-based educational inputs and the analyses based on these are sources of limitations and inequality in the ...

But a school-level aggregate production function provides much weaker evidence of causal effects, suggesting that successful advisors attract students likely to succeed–without necessarily boosting ...

The Kenya president’s order, if implemented, would end the prolonged infighting between the national and county governments over proper revenue sharing and pending transfer of functions that began in ...

An educational production function is developed from the earlier models of Bloom, Hanushek, and Allison. Using two-stage least squares regression, the statistical analysis attempts to sort out the ...