This week, the World Bank launched its second Kenya Economic Update. We have been positively surprised to see such a strong uptake of our previous report and were pleased to have a full house at the launch and informal briefings we have in the run-up of the launch. These Economic Updates aim to replicate a model of shorter, crisper and more frequent country economic reports, which have become a trademark of the World Bank’s analytical presence in other countries, in particular China and Russia.
“So how are you enjoying living in paradise?” Michael Geerts, the former German ambassador to Kenya asked me the other day. He was posted in Nairobi during the difficult years in the end of the 1990s, and continues to stay in touch with a country he loves dearly. Many colleagues, who once worked in Kenya have bought houses in Nairobi, and plan to retire in the “city under the sun”. But not everybody shares their passion and faith in the country’s future. There are many pessimists who feel that the country is moving in the wrong direction. Kenya, they say, will never rid itself from grand corruption, and crime such as drug trafficking will continue to flourish.
Are they seeing the same country? Maybe both perspectives are right, because Kenya is a country of extremes.
Today the World Bank launched its first “Kenya Economic Update” and we want to use this opportunity to launch the blog “Kenya Can … End Poverty” as part of Shanta’s “Africa Can ...” blog. After leaving Indonesia in July 2009, this also brings me back to the community of bloggers.
The title of this first Kenya Economic Update is “Still standing – Kenya’s slow recovery from a quadruple shock with a special focus on the food crisis”.