Comparison of macroeconomic performance and volatility in Kenya, Rwanda and Ethiopia: Time series evidence

Abstract

ABSTRACT: The aim of the thesis is to analyze the macroeconomic performance and volatility of selected fundamental macroeconomics of Kenya, Rwanda and Ethiopia over the period of 1980-2010 and in the sub-period of the same interval. The first goal of this thesis is to look at each individual country’s macroeconomic variables and study the pattern for each country .The main focus is to look at periods of fluctuation, gradual incline and decline, highest and lowest records of the variables. This thesis will try the causes for such patterns. The second goal of this thesis is to compare each economic variable to the three subject countries, with a description of which country out performs or has highest and lowest volatility in the whole period of study comparing it to the rest of the other countries. Keywords: Macroeconomic Performance, Macroeconomic Volatility, Comparative Analysisiv ………………………………………………………………………………………………………………………………………………………………………………………………………… ÖZ: Bu tez,Kenya,Rwanda, veEthiyopya’nin 1980-2010 yillariarasindakimakroekonomikperformanslariniincelemeyiamaclamaktadir. Arastirmalarimizdaoncelikle her ulkeninmakroekonomikdegiskenlerinin her birinenasiletkilerioldugunuvebuulkeleringeleceginenasiletkileryapacaginiinceledik.Asilodaklandigimiznoktaisebelirtilenzamanaraligindakimakroekonomikdegiskenlerin en yuksekve en alt noktadaolduguzaman,ulkelerenasiletkileryaptiginivebuverilerindalgaliolduguzamanlarda bile ne gibietkilerioldugunuvenelerdenetkilendikleriniincelemekoldu. Ikinciolarakise, tezimizbuuculkeninekonomikgostergelerininbirbiriilekarsilastirilmasioldu.Bunabagliolarakdigerulkelerile de bazikarsilastirmalaryaptik. AnahtarKelimeler :MakroekonomikPerformans, MacroekonomikVolatalite, KarsilastirmaliAnaliz.