Impact of Terrorism on Africa Economic Performance; A Case Study of Kenya (2000-2016)

Abstract

The 21st century is one characterized by more connectivity than at any other point in human history. Advancements in transport and communication over millennia has made human existence so interconnected and interdependent that it’s no longer possible to conceive the word as made up of non-interacting units and systems. The overall objective of this study was to assess the effect of terrorism on Economic Performance. This study will be guided by New Growth Theory. Endogenous growth or the new growth theory emerged in the 1990s to explain the poor performance of many less developed countries, which have implemented policies as prescribed in neoclassical theories. This study consisted of qualitative research and analysis although quantitative data was used to support the analysis in some instances. The focus of this study was Nairobi County in Kenya. The target population mainly comprised of people in the hotel industry, Tours and Safaris, curio and souvenir traders, shopping mall owners, as well small business people. The study got reliable information from Kenya Bureau of statistics. It reviewed past reports on terrorism acts and their impact on Economic Performance of the country. Purposive sampling was used to collect data from 300 managers of hotel industry, Tours and Safaris, curio and souvenir traders, shopping mall owners, as well business people in Nairobi.