An Assessment of the Informal Sector Trade in Kenya
AbstractThis study assesses the nature and practice of cross-border trade in Kenya with a view to filling the information gap on its patterns and key characteristics, a gap that has hitherto acted to hinder effective policy formulation. The study relies on information from a number of cross-border monitoring survey initiatives mounted by various institutions over the years. The study finds that informal cross-border trade accounts for more than 40 percent of the GDP and is therefore almost equivalent to formal trade. Efforts should be made to conceive policy suggestions that would optimize both formal and informal trade from the viewpoint of the national economy.
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Bibliographic InfoArticle provided by Estey Centre for Law and Economics in International Trade in its journal Estey Centre Journal of International Law and Trade Policy.
Volume (Year): 13 (2012)
Issue (Month): 1 ()
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cross-border trade; exports; Horn of Africa; informal; Kenya; Institutional and Behavioral Economics; International Development; International Relations/Trade; Political Economy;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Levin, Jörgen & Widell, Lars, 2007. "Tax Evasion in Kenya and Tanzania:Evidence from Missing Imports," Working Papers 2007:8, Örebro University, School of Business.
- Caroline Lesser & Evdokia Moisé-Leeman, 2009. "Informal Cross-Border Trade and Trade Facilitation Reform in Sub-Saharan Africa," OECD Trade Policy Papers 86, OECD Publishing.
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