ULUSLARARASI TİCARET AÇIKLIK VE KENYA'DA İŞSİZLİK İLE YOKSULLUK ÜZERİNE ETKİSİ
The purpose of research paper was to find out how international trade openness affects the rate of unemployment and poverty in Kenya for the periods of 1990-2017. Most trade economists believe that an increase in trade openness leads to economic growth of a country. This in turn leads to an increase in employment opportunities and reduction of poverty levels. However this has not been the case in Kenya. Over the last few decades there has been an increase in foreign trade activities in Kenya but yet the rate of unemployment and poverty has remained relatively high. This research therefore tried to examine the extent to which international trade openness and foreign direct investment has contributed to Kenyans’ poverty and unemployment. The results from the analysis showed that international trade openness and FDI do not have any long term effect on unemployment but they have they do have a long term causation on poverty. The study suggests how the government can influence trade openness and FDI in order to have maximum benefit in terms of poverty reduction and creation of job opportunities in Kenya.
International Trade, Trade Openness, Foreign Direct Investment, Unemployment and Poverty