Why economy slows in election years

GRAPHIC | MICHAEL MOSOTA

What you need to know:

  • In the first three election years of the multiparty era, Kenya’s economy slowed to a virtual standstill, shrinking by 0.8 per cent in 1992 and only inching forward by 0.5 per cent in 1997 and 2002.
  • The all-pervasive nature of the election campaigns also affect the work of non-governmental organisations engaged in non-political work.
  • Investors were skittish, likely expecting a recurrence of violence, and the decision of Moi not to extend his rule probably reduced the expectations for conflict in 2002.

Kenyans should be concerned about a slowing economy as election campaigns intensity if trends from previous elections are anything to go by, a Nation Newsplex analysis reveals.

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