Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Implications of Import Tariff Elimination on Sugar Industry in Kenya

Implications of Import Tariff Elimination on Sugar Industry in Kenya

Ochieng, George Odhiambo

Paperback

Business General

ISBN10: 6202079290
ISBN13: 9786202079297
Publisher: Lap Lambert Academic Pub
Published: Apr 28 2020
Pages: 84
Weight: 0.30
Height: 0.20 Width: 6.00 Depth: 9.00
Language: English
This study seeks to assess the implications of the partial expiry of the safeguard by focusing on the elimination of import tariff. This is accomplished through; analyzing its effects on the domestic price of sugar in Kenya; and determining the effects of price changes on producer and consumer surplus as well as foreign exchange availability to the Kenyan economy, using time series data (1972 -2006) collected in May/June 2007. Based on economic analysis, the elimination of import tariff is justifiable, but the political realities that characterize policy making in sugar industry dictates otherwise. Sugar is a highly politicized commodity and with the current legal and institutional framework skewed in favor of producers who have more weight in agricultural economy such as Kenya, the policy makers should pursue gradual reduction in import tariff, increase import quota and enhance transparency in its administration, besides facilitating effective public private partnerships aimed at increasing investments in the industry with a view to reducing the production cost of sugar in Kenya.

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