I propose to do this by briefly examining four factors which influence growth, and which can be summarised by four distinctive catchphrases: the tyranny of distance, geography is destiny, the resource curse, and institutions matter. (a)  The tyranny of distance  The first factor is a country’s position on the map - its distance from other countries or its degree of isolation.
Patrick Njoroge: Central Bank of Kenya 50th Anniversary Celebrations Speech by Dr Patrick Njoroge, Governor of the Central Bank of Kenya, at the Central Bank of Kenya 50th Anniversary Celebrations, Nairobi, 14 September 2016. *  *  *  I am greatly honoured to welcome you this morning to celebrate 50 years of the Central Bank of Kenya’s existence.