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COMPETITIVENESS OF KENYAN INDUSTRIES IN WORLD TRADE


Mudavanhu Victoria

Department of Economics, Bindura University of Science Education, Bindura, Zimbabwe

Mzumara Macleans

Department of Economics, Bindura University of Science Education, Bindura, Zimbabwe

Tafirei Felix

Department of Economics, Bindura University of Science Education, Bindura, Zimbabwe


ABSTRACT

The authors have investigated competitiveness of Kenyan industries in the world trade. Kenya demonstrates significant competitiveness in the world trade in three industries namely: textiles; chemicals and allied industries; and plastic/rubber. The following Kenyan industries are least competitive in the world trade: raw hides, skins, leather and furs; foot wear/head gear; and transportation. The products I which Kenya is famous of namely flowers and coffee, do not feature in the top 3 category of their respective industries. It is recommended that Kenya should device policies which attract transnational corporations which can bring in the required foreign direct investment which can transfer technology and improve Kenyan competitiveness in the world trade. Kenya may also consider channeling its resources into the industries in which it has significant competitiveness.


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