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Cambridge Cash balance theory of demand for money
This theory of money demand was postulated by Cambridge economists. Cambridge economists argued that a…
Who governs the Internet?
Internet is a public network that allows access to a number of users globally with…
Rethinking banking for microfinance
Rethinking banking Development experts, entrepreneurs, social activists and academicians from around the world have been…
The Grameen Bank of Bangladesh
Grameen means “rural” or “village” in the Bangla language Economic theory provides ample caution against…
Origins of Microfinance
Microfinance has defined the methodology that employs effective collateral substitutes to deliver and recover short-term…
Fishers Quantity theory of Money Demand
This theory was postulated by Irving Fisher an American Economist in his book ‘The Purchasing…
Monetary Policy and Economic Growth
Economic growth implies the expansion in productive capacity or capital stock in the economy so…
Functions of Money
Money is defined as anything performing monetary functions. It must also be generally acceptable to…
Limitations of monetary policy in developing countries
Monetary policy, however, plays a more limited role in developing countries for a number of…
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Importance of a Business Plan
A business plan is a document that is prepared by an entrepreneur for the purpose…
PROBLEMS OF USING PER CAPITA INCOME TO COMPARE STANDARD OF LIVING OVER TIME
By per capita income we mean: the value of goods and services received by the…
Per capita income as a measure of economic development
Some economists ( Harvey Leibenstein, Rostow, Baran, Buchanan) and many others favour the use of…
How to apply for KASNEB Foundation Loan and Bursary
The Kenya Accountants and Secretaries National Examination Board (KASNEB) Foundation has partnered with the Higher…
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