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Almost simultaneously, two developing countries – Kenya and Vietnam – set out to promote industrial development through FDI. Vietnam embarked on a targeted strategy aimed at selecting FDI that could specifically aid the country's strategic export sectors through linkages to local industry. In contrast, Kenya embarked on a cross-the-board FDI attraction policy with no specific sector orientation and with few specific linkage policies. This paper asks how FDI has contributed to local industry development in the two countries. Based on an analysis of firm level data from the World Bank Enterprise Survey, the paper compares the two countries' ability to generate spillovers from FDI spillovers and discusses what explains differences and similarities. The paper finds that in spite of the obvious differences between the two countries in terms of local industrial development and policy, firm and industry factors appeared to be better predictors of variations in spillovers than country level factors. Among the policy implications drawn are that developing countries should focus their FDI policies on firms and industries that have high linkage and hence spillover potential rather than adopting cross-the-board policies. [ABSTRACT FROM AUTHOR]

East Africa is home to a rich array of stone-tool traditions that span human prehistory. It is unsurprising, therefore, that the region attracted pioneer prehistorians in the early twentieth century, including L. S. B. Leakey, E. J. Wayland and T. P. O'Brien, who created the first cultural framework for East African prehistory during the 1930s. Although aspects of this framework remain relevant today, others have become misunderstood relics of an old classification system that hinders current research. This is particularly evident in the classification of a Later Stone Age (LSA) culture - the Kenya (East African) Aurignacian, later known as Kenya (East African) Capsian. Although this cultural entity was redressed during the 1970s and 1980s and redefined as the Eburran industry, there is still mystique surrounding the current status of the Kenya Capsian, its original scope and definition, the relationship with the Eburran and its position within a modern understanding of the East African LSA. This is largely due to paradigmatic shifts in researcher attitudes, leading to the use of the Eburran as a false proxy. It is necessary now to completely remove the term Kenya Capsian as an indication of similarity among the different LSA technologies. However, there also needs to be less emphasis on the importance of the Eburran and recognition that it is just one example of a multitude of diverse localised LSA industries. This will open the way for future research into the LSA and facilitate our greater understanding of recent prehistory in East Africa. [ABSTRACT FROM AUTHOR]

This paper examines in a comparative context the determinants of foreign direct investment in Kenya and Malaysia as well as its impact on economic growth in order to inform policy debates. Kenya in the recent past has committed itself to emulating the development experiences of Malaysia in order to inform its industrialization efforts. The study uses time series data for the period 1960–2009, which is analyzed in a vector autoregressive model. The results do provide support for the role of FDI in Malaysia's industrial success but not for growth in Kenya. From a policy view point, Malaysia's success in attracting huge FDI inflows compared to Kenya during this period is due to differences in macroeconomic stabilization, and trade policies as well as infrastructure and institutional factors. [ABSTRACT FROM AUTHOR]