| 000 -LEADER | |
|---|---|
| fixed length control field | 01419nam a22001457a 4500 |
| 100 ## - MAIN ENTRY--AUTHOR NAME | |
| Personal name | Letete,E and Sarr,M. |
| 245 ## - TITLE STATEMENT | |
| Title | Illicit Financial Flows and Political Institutions in Kenya |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication | Côte d’Ivoire. |
| Name of publisher | African Development Bank |
| Year of publication | 2017 |
| 300 ## - PHYSICAL DESCRIPTION | |
| Number of Pages | 32p. |
| 490 ## - SERIES STATEMENT | |
| Series statement | Working Paper No 275 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | This paper explores a political economy perspective as an alternative explanation to the illicit financial outflows for Kenya. It attempts to address two specific questions on why has Kenya continued to be characterized by corruption and debt fuelled capital outflows, although these stifled its economic development. It also attempts to find out if the outflows are a result of weaknesses in political institutions that do not constrain the powers of the executive. The paper reveals that increased arbitrary executive powers are positively associated with illicit financial outflows. That is, in the Kenyan context, prevailing weaknesses in the political institutions do matter for illicit financial flows (rent extraction). This finding is robust to the constraints on the executive from Polity IV Indicators as an alternative indicator of institutions. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical Term | Illicit financial flows; Kenya; Arbitrary Executive Powers; Political Institutions, Governance |
| 856 ## - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | iffoadatabase.trustafrica.org/iff/WPS_No_275_Illicit_Financial_Flows_and_Political_Institutions_in_Kenya__.pdf |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Koha item type | Computer Files |
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