ILLUSION

Limits of infrastructure in generating economic growth

Kenyans have come to understand just how illusory 'economic development' can be.

In Summary
  • In terms of cash in pockets, most Kenyans volubly declare that they are doing very badly.
  • So, no matter what the government may say about fulfilling election promises of “development” ordinary Kenyans will remain very doubtful.

There was a joke that economists liked to tell back when Bill Gates was the richest man in the world, and worth about $40 billion. It went something like this:

Bill Gates walks into a bar. In ...

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