Foreign and domestic investments in Kenya : case for a protectionist trade legal regime?
Abstract
This study explored the negative impact of blindly pursuing liberal trade policies on Kenya’s
quest for sustainable economic development. The thesis is divided into five chapters. The first
chapter is a presentation of statement
of the problem, justification of the study, objectives,
research questions, hypothesis, theoretical framework, research methodology, literature review,
limitations, assumptions and disseminations. The second chapter assesses Kenya’s investment
and trade le
gal regime and it shows the multiplicity of instruments that form the legal and policy
framework. The third chapter explores protectionist measures in other jurisdictions and it shows
how other countries have benefited from protectionist policies. The fou
rth chapter makes a case
for adoption of a positive protectionist legal regime in Kenya just as the developed countries
have done. The chapter highlights the growing middle class in Kenya that can drive
consumption of local products. The final chapter in t
his paper provides the conclusions and
recommendations of this paper. Based on analysis done, the study recommends that Kenya
considers taking the route South Africa has taken by practically caring about its domestic
economic agenda.
Publisher
University of Nairobi