Abstract
We examine how different firms and sectors rebound or prevail in crises. We draw on
insights from the performance (upgrading potential) of Kenyan horticulture, tea, and leather export firms during two recent, but very different, shocks to the Kenyan economy. The first is the 2008 global financial crisis, which was accompanied by domestic election violence. The second is the 2011 drought, further compounded by an export ban to the European Union for vegetables exceeding legal levels of pesticide concentration. Analysis of the impact of these heterogeneous shocks on Kenyan export firms sheds light on sector-by-sector patterns of recovery and provides valuable foresight for the ongoing COVID-19 pandemic.
insights from the performance (upgrading potential) of Kenyan horticulture, tea, and leather export firms during two recent, but very different, shocks to the Kenyan economy. The first is the 2008 global financial crisis, which was accompanied by domestic election violence. The second is the 2011 drought, further compounded by an export ban to the European Union for vegetables exceeding legal levels of pesticide concentration. Analysis of the impact of these heterogeneous shocks on Kenyan export firms sheds light on sector-by-sector patterns of recovery and provides valuable foresight for the ongoing COVID-19 pandemic.
| Original language | English |
|---|---|
| Place of Publication | Helsinki |
| Publisher | United Nations University, World Institute for Development Economics Research |
| Pages | 11 |
| Volume | 2020 |
| DOIs | |
| Publication status | Published - 12 Aug 2020 |
Keywords
- export firms
- sectors
- heterogeneous shocks
- Kenya
- global value chains
Research Beacons, Institutes and Platforms
- Global Development Institute
