Boosting agricultural productivity in Kenya slashes poverty rates significantly
A study looked at how different policies affect the economy and the poor in Kenya. They used a model to see what happens with a 10% devaluation, 10% more investment, and 10% better agricultural productivity. The results changed depending on how they looked at the job market. Devaluation helped the economy a lot when there was enough labor, but not as much when labor was limited. Improving agricultural productivity was good overall, but devaluation was better for the economy. Increasing investment didn't work as well. All three policies reduced poverty, but income equality stayed the same.