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Kenya ready for take off
Rank: Elder Joined: 10/4/2006 Posts: 13,822 Location: Nairobi
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my take... 5% growth of a really small thing is nothing to write home about. All Mushrooms are edible! Some Mushroom are only edible ONCE!
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Rank: Elder Joined: 12/27/2012 Posts: 2,256 Location: Bandalungwa
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limanika wrote:Alba wrote:Swenani wrote:Alba wrote:OK we need to be realistic here. How the heck can Kenya with a GDP growth rate of 5% and a GDP that is ranked number 87 in the world actually drive the global economy?  We are talking in terms of the growth and not in terms of the size But Kenya's economic growth has to do with driving the world economy. And a 5% GDP growth rate is not impressive when compared to other African nations. When computing global GDP growth rate, its like they get the growth In % per country, add up and then get the average? If so, by achieving 6-7% we could really push the global economy upwards??? Kenya's GDP is so small that its like a drop in the ocean. Its like when a person goes to a Harambee and contibutes 100 bob whereas the guest of honor contributes millions. I fail to see how Kenya can power the global GDP. China powers global GDP because many countries are dependent on China for trade. For example Australia sells a significant proportion of its raw minerals to China. And China is the biggest trading partner to the EU. Who depends on Kenya for economic growth? And once again, a 5% GDP growth rate is not that impressive when Tanzania and Ethiopia and other nearby nations have been growing at much faster rates.
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Rank: Elder Joined: 12/27/2012 Posts: 2,256 Location: Bandalungwa
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murchr wrote:Alba wrote:Swenani wrote:Alba wrote:OK we need to be realistic here. How the heck can Kenya with a GDP growth rate of 5% and a GDP that is ranked number 87 in the world actually drive the global economy? We are talking in terms of the growth and not in terms of the size But Kenya's economic growth has to do with driving the world economy. And a 5% GDP growth rate is not impressive when compared to other African nations. Read the article I read the article. Its sensational and does not explain how Kenya can power the global economy. It puts Kenya at par with India which is laughable when you consider that India's GDP is about 40 times higher than Kenya.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Alba wrote:murchr wrote:Alba wrote:Swenani wrote:Alba wrote:OK we need to be realistic here. How the heck can Kenya with a GDP growth rate of 5% and a GDP that is ranked number 87 in the world actually drive the global economy? We are talking in terms of the growth and not in terms of the size But Kenya's economic growth has to do with driving the world economy. And a 5% GDP growth rate is not impressive when compared to other African nations. Read the article I read the article. Its sensational and does not explain how Kenya can power the global economy. It puts Kenya at par with India which is laughable when you consider that India's GDP is about 40 times higher than Kenya. You just dint understand it. Read again "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 12/27/2012 Posts: 2,256 Location: Bandalungwa
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I will not waste time reading it again.
Murchr if you cannot answer my question then leave the discussion to someone who can explain how Kenya will drive the global economy.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Alba wrote:I will not waste time reading it again.
Murchr if you cannot answer my question then leave the discussion to someone who can explain how Kenya will drive the global economy. The question you are asking is irrelevant since you didn't get to understand the gist of the article "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 12/27/2012 Posts: 2,256 Location: Bandalungwa
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murchr wrote:Alba wrote:I will not waste time reading it again.
Murchr if you cannot answer my question then leave the discussion to someone who can explain how Kenya will drive the global economy. The question you are asking is irrelevant since you didn't get to understand the gist of the article OK fine you have made your point even though you havent actually said anything. If this makes you happy then good for you. Let me give you a round of applause as you leave the podium  Now let someone else answer the question: How does Kenya drive the global economy?
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Alba wrote:murchr wrote:Alba wrote:I will not waste time reading it again.
Murchr if you cannot answer my question then leave the discussion to someone who can explain how Kenya will drive the global economy. The question you are asking is irrelevant since you didn't get to understand the gist of the article OK fine you have made your point even though you havent actually said anything. If this makes you happy then good for you. Let me give you a round of applause as you leave the podium Now let someone else answer the question: How does Kenya drive the global economy? Again, read the article keenly and you'll understand what the author actually means...ok? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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 @Alba, I hope this helps you Quote:The world is expected to grow 3.2 percent in 2015 and 3.7 percent next year after expanding 3.3 percent in each of the past two years, according to a Bloomberg survey of economists. China, the Philippines, Kenya, India and Indonesia, which together make up about 16 percent of global gross domestic product, are all forecast to grow more than 5 percent in 2015.which combined account for about a quarter of global growth, are expected to grow 3.1 percent and 2.6 Quote:By comparison, the U.S. and U.K., percent this year, respectively. The euro area probably will expand just 1.2 percent as European Central Bank President Mario Draghi deals with a fragile Greece and embarks on a bond-purchase program to stimulate the region's growth Quote:Nigeria, Africa's largest economy, is projected to expand 4.9 Alba, If Impunity got an A in Nyakemincha while the rest got D- and the school ended up having a mean grade of D+ we can therefore say that impunity was responsible for the improved performance of Nyakemincha. Kama haujashikanisha bado,I will give you the same advice Kipchirchir gave you.Read the article again! If Obiero did it, Who Am I?
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Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
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nice analogy @swenani 
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Rank: Elder Joined: 7/10/2008 Posts: 9,131 Location: Kanjo
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Rank: Veteran Joined: 4/27/2010 Posts: 951 Location: Nyumbani
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Is this true ? http://www.nation.co.ke/...4/-/dmw225/-/index.html
This could turn out to be a game changer for the country.In Europe its been the norm for centuries. Pople live in clustered towns or villages which makes things very easy like say provision of electricity and water. They even have the town /village mayors who organise evrything from sewage systems or garbage collection. The land left is for agriculture and as one @Impunity who has travelled a lot you can even see that while on air when you get to Europe, the farms look very organised from up there.The only limitation is there is less freedom on what kind of house you can build in the satellite town or city.
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Rank: Elder Joined: 7/23/2008 Posts: 3,017
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kiash wrote:Is this true ? http://www.nation.co.ke/...4/-/dmw225/-/index.html
This could turn out to be a game changer for the country.In Europe its been the norm for centuries. Pople live in clustered towns or villages which makes things very easy like say provision of electricity and water. They even have the town /village mayors who organise evrything from sewage systems or garbage collection. The land left is for agriculture and as one @Impunity who has travelled a lot you can even see that while on air when you get to Europe, the farms look very organised from up there.The only limitation is there is less freedom on what kind of house you can build in the satellite town or city. This is a bad idea that will never see the light of day due to cultural implications and off course politics rearing its ugly head. The gava can still roll out this large swathes of farmlands in the semi arid areas with water for potential irrigation e.g Tana Delta and Turkana. "The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
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Rank: Member Joined: 5/8/2013 Posts: 386 Location: Nyali mombasa
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Obi 1 Kanobi wrote:kiash wrote:Is this true ? http://www.nation.co.ke/...4/-/dmw225/-/index.html
This could turn out to be a game changer for the country.In Europe its been the norm for centuries. Pople live in clustered towns or villages which makes things very easy like say provision of electricity and water. They even have the town /village mayors who organise evrything from sewage systems or garbage collection. The land left is for agriculture and as one @Impunity who has travelled a lot you can even see that while on air when you get to Europe, the farms look very organised from up there.The only limitation is there is less freedom on what kind of house you can build in the satellite town or city. This is a bad idea that will never see the light of day due to cultural implications and off course politics rearing its ugly head. The gava can still roll out this large swathes of farmlands in the semi arid areas with water for potential irrigation e.g Tana Delta and Turkana. will not work in Kenya hapa watu wanakatalia kwa road reserve claiming compensation na hawana title , now see where such a person is being told atoke shamba yake aende town an boom
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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kiash wrote:Is this true ? http://www.nation.co.ke/...4/-/dmw225/-/index.html
This could turn out to be a game changer for the country.In Europe its been the norm for centuries. Pople live in clustered towns or villages which makes things very easy like say provision of electricity and water. They even have the town /village mayors who organise evrything from sewage systems or garbage collection. The land left is for agriculture and as one @Impunity who has travelled a lot you can even see that while on air when you get to Europe, the farms look very organised from up there.The only limitation is there is less freedom on what kind of house you can build in the satellite town or city. Good idea but not in this century! Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: User Joined: 1/20/2014 Posts: 3,528
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Kihara joni wrote:Obi 1 Kanobi wrote:kiash wrote:Is this true ? http://www.nation.co.ke/...4/-/dmw225/-/index.html
This could turn out to be a game changer for the country.In Europe its been the norm for centuries. Pople live in clustered towns or villages which makes things very easy like say provision of electricity and water. They even have the town /village mayors who organise evrything from sewage systems or garbage collection. The land left is for agriculture and as one @Impunity who has travelled a lot you can even see that while on air when you get to Europe, the farms look very organised from up there.The only limitation is there is less freedom on what kind of house you can build in the satellite town or city. This is a bad idea that will never see the light of day due to cultural implications and off course politics rearing its ugly head. The gava can still roll out this large swathes of farmlands in the semi arid areas with water for potential irrigation e.g Tana Delta and Turkana. will not work in Kenya hapa watu wanakatalia kwa road reserve claiming compensation na hawana title , now see where such a person is being told atoke shamba yake aende town an boom Kwanza ancestral land, NEVER!!!! Our rights are enshrined in the Costitution of Kenya (2010)NEVEEEEEEEER Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Member Joined: 5/2/2010 Posts: 305
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Othelo wrote:Kihara joni wrote:Obi 1 Kanobi wrote:kiash wrote:Is this true ? http://www.nation.co.ke/...4/-/dmw225/-/index.html
This could turn out to be a game changer for the country.In Europe its been the norm for centuries. Pople live in clustered towns or villages which makes things very easy like say provision of electricity and water. They even have the town /village mayors who organise evrything from sewage systems or garbage collection. The land left is for agriculture and as one @Impunity who has travelled a lot you can even see that while on air when you get to Europe, the farms look very organised from up there.The only limitation is there is less freedom on what kind of house you can build in the satellite town or city. This is a bad idea that will never see the light of day due to cultural implications and off course politics rearing its ugly head. The gava can still roll out this large swathes of farmlands in the semi arid areas with water for potential irrigation e.g Tana Delta and Turkana. will not work in Kenya hapa watu wanakatalia kwa road reserve claiming compensation na hawana title , now see where such a person is being told atoke shamba yake aende town an boom Kwanza ancestral land, NEVER!!!! Our rights are enshrined in the Costitution of Kenya (2010)NEVEEEEEEEER Hahaaa...This would be the best concept ever. How palatable it is with backwards and present-looking kenyans "remain to be seen".
“Once the last tree is cut and the last river poisoned,you will find you cannot eat your money" Traditional saying.
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Othelo wrote:Kihara joni wrote:Obi 1 Kanobi wrote:kiash wrote:Is this true ? http://www.nation.co.ke/...4/-/dmw225/-/index.html
This could turn out to be a game changer for the country.In Europe its been the norm for centuries. Pople live in clustered towns or villages which makes things very easy like say provision of electricity and water. They even have the town /village mayors who organise evrything from sewage systems or garbage collection. The land left is for agriculture and as one @Impunity who has travelled a lot you can even see that while on air when you get to Europe, the farms look very organised from up there.The only limitation is there is less freedom on what kind of house you can build in the satellite town or city. This is a bad idea that will never see the light of day due to cultural implications and off course politics rearing its ugly head. The gava can still roll out this large swathes of farmlands in the semi arid areas with water for potential irrigation e.g Tana Delta and Turkana. will not work in Kenya hapa watu wanakatalia kwa road reserve claiming compensation na hawana title , now see where such a person is being told atoke shamba yake aende town an boom Kwanza ancestral land, NEVER!!!! Our rights are enshrined in the Costitution of Kenya (2010)NEVEEEEEEEER If Obiero did it, Who Am I?
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Rank: Elder Joined: 12/27/2012 Posts: 2,256 Location: Bandalungwa
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Swenani wrote: @Alba, I hope this helps you Quote:The world is expected to grow 3.2 percent in 2015 and 3.7 percent next year after expanding 3.3 percent in each of the past two years, according to a Bloomberg survey of economists. China, the Philippines, Kenya, India and Indonesia, which together make up about 16 percent of global gross domestic product, are all forecast to grow more than 5 percent in 2015.which combined account for about a quarter of global growth, are expected to grow 3.1 percent and 2.6 Quote:By comparison, the U.S. and U.K., percent this year, respectively. The euro area probably will expand just 1.2 percent as European Central Bank President Mario Draghi deals with a fragile Greece and embarks on a bond-purchase program to stimulate the region's growth Quote:Nigeria, Africa's largest economy, is projected to expand 4.9 Alba, If Impunity got an A in Nyakemincha while the rest got D- and the school ended up having a mean grade of D+ we can therefore say that impunity was responsible for the improved performance of Nyakemincha. Kama haujashikanisha bado,I will give you the same advice Kipchirchir gave you.Read the article again! Swenani. That is warped logic. In the example you gave, every student's marks weigh the same. So it is indeed true that one student's grade can actually raise the school's average. The problem here is that Kenya's contribution to global GDP is so miniscule. It is so miniscule that even if Kenya grew at 10% per year, it would have no impact on the global economy. A better example would be to say, if a country has 20 million people and one more person is born. Does the population of the country go up? Yes it does but the increase of one person is statistically insignificant. A 5% growth rate by Kenya is statistically insignificant to the global economy Kenya's contribution to the global economy is statistically insignificant because Kenya's GDP is too small to begin with. Its like adding water to the ocean using a bucket. As for Murchr, I will not bother with him anymore. I doubt he has the ability to construct a logical argument which is why he keeps lazily referring me to the article
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Rank: Elder Joined: 12/27/2012 Posts: 2,256 Location: Bandalungwa
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Let me also add that countries like Nigeria and South Africa will have a much bigger impact on the global economy even if they are growing at a slower rate. Nigeria's GDP is several times hhigher than Kenya.
And Nigeria impacts the global economy simply by their oil output since Oil is a commodity whose prices impact the economy of all countries.
And if your explanation about averages is correct then several other African countries whose GDP growth rate will be higher than Kenya should have been included in the article. For example Tanzania and Ethiopia will likely continue to grow at rates above 6%. So why arent they mentioned in the article.
@Swenani these things are a lot more complex than you are trying to portray here.
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