| dc.description.abstract | Foreign aid is a post-world war II phenomenon that came about when western states had the
notion that poor countries were in a low income equilibrium trap and needed to supplement their
low income savings with foreign savings in the form of official development assistance (ODA)
and foreign direct investments (FDI). All this was done to promote capital formation and
increase economic growth. Aid also had other objectives which included poverty alleviation,
bridging the gender gap and promoting good governance. The main objective of the study was to
understand the determinants of foreign resources to Kenya both bilateral and multilateral to
government and civil societies. The specific objectives of the study were; to identify the
determinants of trade flows to Kenya; to examine the determinants of foreign direct flows to
Kenya; and to investigate the determinants of official development assistance to Kenya. The
study used a research design that is descriptive in nature. The research reviewed recent literature
on the determinants of foreign aid allocation to Kenya both bilateral and multilateral aid.
Secondary data was collected from World Bank development indicators, surveys conducted by
the Kenya government, strategic plans, financial and narrative reports, publications, policy
documents and other relevant documents. | en_US |
