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An Institutional Analysis of Corruption in Kenya

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Korruption als Ordnung zweiter Art

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Abstract

Evaluating institutions and assessing their impact is a challenging task. Standard assessments such as country credit ratings from international rating agencies or country risk ratings do not directly include institutions in their analysis of developing countries. Generally, this article’s main geographical focus, Kenya, is seen as a high-risk country with a country rating of BB – according to the rating agency Standard & Poors. In most of the standard analyses, institutions are only evaluated indirectly as part of the political risk assessment which includes comments on implementation of economic reforms that are expressed in new legislation. Corruption is in those assessments mentioned just generally and evaluated in more detail only in connection with its potential to influence donor support negatively. Institutions are evaluated as a “range of political factors relating to political stability and effectiveness that could affect a country’s ability and/or commitment to service its debt obligations and/or cause turbulence in the foreign exchange market” (Economist Intelligence Unit 2009b: 2,8).

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Author information

Authors and Affiliations

  1. Institutional economics theory, The potential of public-private partnerships for transportation infrastructure in Kenya, Kenya

    Theresa Marie Kaleja

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  1. Theresa Marie Kaleja
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Editors and Affiliations

  1. Lehrstuhl für Politische Ökonomie an der Wirtschaftsfakultät, Universität Witten/Herdecke, Witten/Herdecke

    Birger P. Priddat

  2. Soziologische Theorien, Philosophie der Sozialwissenschaften, Universität der Bundeswehr, München/Neubiberg, München/Neubiberg

    Michael Schmid

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Kaleja, T.M. (2011). An Institutional Analysis of Corruption in Kenya. In: Priddat, B., Schmid, M. (eds) Korruption als Ordnung zweiter Art. VS Verlag für Sozialwissenschaften. https://doi.org/10.1007/978-3-531-93011-4_9

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  • DOI: https://doi.org/10.1007/978-3-531-93011-4_9

  • Publisher Name: VS Verlag für Sozialwissenschaften

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