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Kenya not ready for take off
Swenani
#1 Posted : Friday, October 28, 2016 10:18:11 AM
Rank: User


Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
Reference is made to this thread here by Thimioni

My assumption is that @Thimioni based the thread on the Rowstow's economic growth model which was true at that time, but looking at the current economic situation and comparing it to the growth economic stages of Rowstow's model, I think Kenyan economy/society is either stuck in preconditions for take-take off stage or we are quickly moving back to Traditional society stage(highly likely).

We are lacking all the structures/features required for pre-take off;
1.In transport, we are investing in infrastructure to enable imports of products rather than investing in infrastructure to enable exploitation of our natural resources.
2.Instead of an increase in the volume and rate of investment, Kenya is experiencing an increase in divestment-Our few industries are closing shop/relocating instead of expanding and diversifying.
3.Our subsistence farming is deficit based with limited production-Most families are not able to meet their family food demand from their farms yet the agriculture economy employs 61%+ of our working population
4. We are defining success by consumption rather than by productivity(primitive characteristics)
5.There is excessive idle labour force but limited or no capital stock for production to engage the idle labour.
6. Our politics is still defined by family, clans and/or regions

On a positive note, we have become so innovative tenderprenuers and highly reliant on corruption and less on agriculture, technological innovative and industrialization.

Source-Kenyan economy
If Obiero did it, Who Am I?
mkeiy
#2 Posted : Friday, October 28, 2016 10:22:45 AM
Rank: Member


Joined: 1/27/2012
Posts: 851
Location: Nairobi
Swenani wrote:
Reference is made to this thread here by Thimioni

My assumption is that @Thimioni based the thread on the Rowstow's economic growth model which was true at that time, but looking at the current economic situation and comparing it to the growth economic stages of Rowstow's model, I think Kenyan economy/society is either stuck in preconditions for take-take off stage or we are quickly moving back to Traditional society stage(highly likely).

We are lacking all the structures/features required for pre-take off;
1.In transport, we are investing in infrastructure to enable imports of products rather than investing in infrastructure to enable exploitation of our natural resources.
2.Instead of an increase in the volume and rate of investment, Kenya is experiencing an increase in divestment-Our few industries are closing shop/relocating instead of expanding and diversifying.
3.Our subsistence farming is deficit based with limited production-Most families are not able to meet their family food demand from their farms yet the agriculture economy employs 61%+ of our working population
4. We are defining success by consumption rather than by productivity(primitive characteristics)
5.There is excessive idle labour force but limited or no capital stock for production to engage the idle labour.
6. Our politics is still defined by family, clans and/or regions

On a positive note, we have become so innovative tenderprenuers and highly reliant on corruption and less on agriculture, technological innovative and industrialization.

Source-Kenyan economy



More like Kenya crash-landing soon!
Swenani
#3 Posted : Tuesday, November 01, 2016 12:53:03 PM
Rank: User


Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
If Obiero did it, Who Am I?
Angelica _ann
#4 Posted : Tuesday, November 01, 2016 1:08:26 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,929
Swenani wrote:

This one killed NMG, akwende huko smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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