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THE IMPACT OF STRUCTURAL ADJUSTMENT PROGRAMMES …

International Journal of Arts and Commerce Vol. 1 No. 3 1 THE IMPACT OF STRUCTURAL ADJUSTMENT PROGRAMMES (SAPs) ON EDUCATION IN KENYA ISAAC. W. MUASYA UNIVERSITY OF NAIROBI SCHOOL OF EDUCATION DEPARTMENT OF EDUCATIONAL FOUNDATIONS, BOX 30l97 NAIROBI, KENYA Abstract Since the 1980s, Kenya has had to undertake macroeconomic ADJUSTMENT programs under the supervision of the International Monetary Fund (IMF) and the World Bank (WB); this was to enable the country to overcome its economic difficulties. This paper examines the IMPACT that these macroeconomic ADJUSTMENT programs have had on the educational system in Kenya.

These two components are not mutually exclusive since short run macroeconomic policies can have an effect on the long-run performance of the economy The stabilization program is largely demand-side driven with the central aim being the reduction of effective aggregate demand via expenditure switching and expenditure reducing policies.

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