Lending Institutions and Health Care as well as Human Capital

Recently Kenya is reported to have experienced election violence that disrupts economic activities in the country that caused the economy to stagnate. Precisely, this essay explores the lending institution, health care as well as human capital in Kenya. Specific attention is concentrated on explaining whether World Bank or IMF promotes or hinders development in Kenya. And also explain the ways that a healthy population contributes to a national development. Finally, the essay also shed light on the way that Kenyan authority uses foreign aid to improve its healthcare systems. It also exports its raw materials at a relatively cheap price. As a result of these leading institution policies, Kenya has recorded drawbacks that have altered its economic progress and their debts have also increased worsening the already existing bad situation.

For instance, the country population is now vulnerable to diseases, poverty and terrorism since it has been subjected to cut its spending leaving the country at risk of economic sabotage. The lending institution has proofed to provide short-term solutions that do not adequately address economic as well as social needs of the Kenyan population. Instead of solving problems in the developing countries it has instead burdened the Kenyan government and its citizens rendering them even worse than they were. The Kenyan government commitment to quality health care services has seen them allocating their financial resources to the ministry of health to help train professionals that would be reliable, it has also a portion of some of its money to promote research in medical laboratories, moreover the government is also using the foreign aid to build medical colleges and universities to develop the capacity that will address its population health concerns.