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Public Wealth Management and Distribution in Kenya’s Extractives Sector

In: Sovereign Wealth Funds, Local Content Policies and CSR

Author

Listed:
  • Kate Wanza Mavuti

    (Strathmore University School of Law)

  • Helen Hoka Osiolo

    (Strathmore University Institute of Mathematical Sciences, Strathmore University)

  • Caroline Wanjiru Kariuki

    (Strathmore Institute of Mathematical Sciences, Strathmore University)

Abstract

Countries that are endowed with extractive resources such as oil and gas can have tremendous impact to the economy if the emanating wealth is well managed, allocated, and distributed. Good governance of extractive resources creates employment thus improving well-being among national citizens. At the same time, for governments, this may generate new revenue streams and fund basic government services and stimulate further economic growth.

Suggested Citation

  • Kate Wanza Mavuti & Helen Hoka Osiolo & Caroline Wanjiru Kariuki, 2021. "Public Wealth Management and Distribution in Kenya’s Extractives Sector," CSR, Sustainability, Ethics & Governance, in: Eduardo G. Pereira & Rochelle Spencer & Jonathon W. Moses (ed.), Sovereign Wealth Funds, Local Content Policies and CSR, pages 55-71, Springer.
    • Handle: RePEc:spr:csrchp:978-3-030-56092-8_3
    DOI: 10.1007/978-3-030-56092-8_3
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