Economics and Politics

Political economy is the study of production and trade and their relations with law, custom and government; and with the distribution of national income and wealth.

Export Propensity And Intensity Of Manufactured Exports In Kenya: A Control Function Approach

Export Propensity And Intensity Of Manufactured Exports In Kenya: A Control Function Approach

A distinctive feature of the manufacturing sector in Kenya is the co-existence of the modern sector alongside a rapidly expanding informal sector. While the formal sector comprises mainly small, medium, and large-scale enterprises (i.e., firms employing more than 100 workers), the informal sector consists of numerous open-air small and microscale productive activities in towns and rural trading centres, usually employing less than five workers. Traditional artisan production in the informal sector is dominated by small undertakings employing less than 5 workers. A large proportion of these firms’ output is directed towards satisfying needs of consumer goods and services domestically. These include items such as clothing, furniture, foodstuffs and motor vehicle repairs. While data on this sub-sector is not easy to come by, there is little doubt from casual empiricism that it is one of the fastest growing sectors, and a major source of employment in the country (Ikiara, 1991, Republic of Kenya, 2007). It is equally clear that this sector has little or no impact on Kenyan manufactured exports, due mainly to the low quality of their products.

Some Historical Essentials: From The Slave Trade To Presence And Past Legacies And Memories In Eastern Nigeria And Cameroon From 1800 To 2014

Some Historical Essentials: From The Slave Trade To Presence And Past Legacies And Memories In Eastern Nigeria And Cameroon From 1800 To 2014

The history of slave trade activities along the transatlantic seas and
coastlines were marked with coercion and intrigue from all the participants that were
involved in the game aiming to attain their diverse goals passing through horrors and
undergoing beyond the limit of human dignity with laws that guided the trade on
human beings. In the contemporary era we find all samples around the global linking
to the ill treatment of Aftricans by the former Western European slave dealers.

HARMONIC ECONOMI, INTRODUCTION (Monograph– II)

Harmonic Economi, Introduction (Monograph- II)

The article sets a task lying in the construction of harmonious economics metrics. The economics overcoming failures of one”sidedness in the assessment society development with an enforceability of many”sided consideration for social, humanitarian and intellectual factors being introduced. Meanwhile, the financial indicators, profit and capital criteria leave the foreground. The specificities of author’s approach lie in the use of natural analogs for calculation and assessment of economics including formation of the Values Added. The systems for determination of the Gross Domestic Product and national calculations are being transformed. These innovations are introduced instead of the existing systems. The algebra and system for calculation of economic and other indicators are renewed in order to implement basically new harmonious economics metrics. There is a separate level differentiating between the general political level of management and traditional macroeconomics referred to as supramacroeconomics. To make calculations the assessments of geometric values of natural analogs of the economics and social medium objects are being used. The methodical bases for harmonious economics metrics are developed in this article.