Effect of Kenya’s Bilateral Relations with China on Economic Growth of Kenya (2000-2015)
Journal Title: IOSR Journal of Economics and Finance (IOSR-JEF) - Year 2018, Vol 9, Issue 5
Abstract
The importance of bilateral relations to any country is to offer the home country the chance to access resources that are not locally available.Bilateral relations between China and Kenya have been ever evolving since Kenya’s independence to date.The objective of the study was to assess the effect of Chinese loans, FDI and Aid on Kenya’s economic growthbased on the years 2000 to 2015.Bilateral relations were found to have effect on economic growth of Kenya. Most of the effect is gained through AID and FDI while Loans do not have much effect. The study recommends that Kenya needs to develop a comprehensive policy to govern its aid relations with China in order to safe guard from negative political influence positions in the futurewhile reducingloans received from China.
Authors and Affiliations
Sylvia Wanjiku, Dr. James Maingi, Stephen Maina Kamau
Keywords
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- EP ID EP414943
- DOI 10.9790/5933-0905031321.
- Views 210
- Downloads 0
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