A University of Nairobi student has won a global award by the World Trade Organization (WTO).
Majune Kraido Socrates is the winner of the 2020 Trade Economist Thematic Award. He will receive Ksh630,000 for his paper, “The Effect of Lockdown Policies on International Trade Flows from Developing Countries: Event Study Evidence from Kenya”
Imports Vs Exports
The Award honours specific research. This year, it focused on how the COVID-19 pandemic has affected trade and trade policy. Mr Majune’s paper focused on Kenya’s imports vis-a-vis exports in the coronavirus era.
It was based on information gleaned over a one-year period from July 1, 2019, to June 30, 2020. While weekly exports from Kenya increased by 12 per cent over this period, imports declined by 28 per cent.
This decline was attributed to the disruption in international travel, marine and air operations.
“The Selection Committee found the paper outstanding both methodologically and analytically, in addition to being well written,” said the WTO.
Mr Majune is a Ph.D candidate at UoN, where he is currently a Tutorial Fellow at the School of Economics..