The Political Economist

  ‘Bottom up Economic Transformation Agenda for inclusive growth’ Bottom up Economic Transformation Agenda is an economic model pursued by Kenya Kwanza regime aiming to invest the limited capital available where it will create most jobs at the bottom of the pyramid.   It is a commitment to invest in smallholder agriculture and informal sector and end socioeconomic exclusion by levelling the playing field for all investor; its objectives are;             a)      Eradicating hunger b)      Creating jobs c)      Expanding the tax base d)      Improving foreign exchange balance e)      Inclusive growth f)       Bring down the cost of living   BETA is anchored on the following pillars; 1)      Transforming Micro, Small and Medium economy. 2)  ...

                                              Credit: UN Climate Change/Kiara Worth  The fight against climate change is fiercely on and BAKU was just another  reminder that time is running out! A two-week UN Climate summit (COP 29) just concluded in BAKU after world leaders, investors and all sector- stakeholders meet to forge a collective action and to underscore the urgency   to scale up efforts against climate crisis. It was small time of broad negotiations to set agreements that could strengthen efforts while building on the achievements of the past climate commitments.   Climate change is no longer a conspiracy theory, it is an evident existential threat to the planet. The changing weather patterns unfamiliar to farmers in my home village causing food shortage, deadly regular hurricanes in the US, to unbearable heatwaves in Europe, disastrous bus...

 National Treasury building In  my inaugural article on this blog on  the fall of  third quar ter of previous financial year, I stated my worries o n the public debt crisis which is seriously plaguing our country, don’t’ worry, my worries still persist.  That persisting nature of the crisis has continued to spark a raging public discourse on how regimes in the past and in the now have failed in  prudent debt management to such an extent it exist as hindrance to, instead of being an  enabler of country’s   development.   In fact, the mystery of public debt is one of  the major issues that enraged the public during the June 2024 #Occupy protests. In agreement, experts, banking sector, debt management practioners and the public endorse the belief that public debt is not actually undesirable to any extent however what really matter is how it is being exploited for the interest of public good. Most first world countries whose economies have p...