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The economy of Kenya is market-based with a few state enterprises. Kenya has an emerging market and is an averagely industrialised nation ahead of its East African peers. Currently a lower middle income nation, Kenya plans to be a newly industrialised nation by 2030. Major industries within the Kenyan market include financial services ...
Market information systems (otherwise known as market intelligence systems, market information services, or MIS, and not to be confused with management information systems) are information systems used in gathering, analyzing and disseminating information about prices and other information relevant to farmers, animal rearers, traders, processors and others involved in handling agricultural ...
Kenya, officially the Republic of Kenya ( Swahili: Jamhuri ya Kenya ), is a country in East Africa. With a population of more than 47.6 million in the 2019 census, [12] Kenya is the 28th most populous country in the world [7] and 7th most populous in Africa. Kenya's capital and largest city is Nairobi, while its oldest and second largest city ...
Labour economics, or labor economics, seeks to understand the functioning and dynamics of the markets for wage labour. Labour is a commodity that is supplied by labourers, usually in exchange for a wage paid by demanding firms. [1] [2] Because these labourers exist as parts of a social, institutional, or political system, labour economics must ...
Labour market demands and trends. Following the global financial crisis in 2008, labour markets across the world experienced structural changes that influenced the demand for skills and TVET. Unemployment worsened and the quality of jobs decreased, especially for youth. Gender differentials in labour force participation placed men ahead of ...
In economics, the new international division of labour ( NIDL) is an outcome of globalization. The term was coined by theorists seeking to explain the spatial shift of manufacturing industries from advanced capitalist countries to developing countries —an ongoing geographic reorganisation of production, which finds its origins in ideas about ...
Politics of Kenya. The politics of Kenya take place in a framework of a presidential representative democratic republic, whereby the president is both head of state and head of government, and of a multi-party system in accordance with a new constitution passed in 2010. Executive power is exercised by the executive branch of government, headed ...
Labor market segmentation is the division of the labor market according to a principle such as occupation, geography and industry. [1] One type of segmentation is to define groups "with little or no crossover capability", such that members of one segment cannot easily join another segment. [2] This can result in different segments, for example ...