Download or read book Economic Growth and Development in Ethiopia written by Almas Heshmati and published by Springer. This book was released on 2018-04-27 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a collection of selected empirical studies on determinants of economic growth and development in Ethiopia.The core argument for editing this book is to provide an up-to-date picture of the state and patterns of growth and development in Ethiopia. Ethiopia has been under focus in the past due to draughts, war, famine, development changes and the effects of global economic crisis in the country. A main contribution of this volume is that it helps identify selected important determinants of growth and development in Ethiopia and provides an estimation of their effects using up-to-date data, modelling and methods. Taken together the studies provide a comprehensive picture of the state of growth and development, their measurements, causal relationships and evaluation of efficient policies and practices in achieving progress in Ethiopia. The issues covered represent major challenges to the government and development organizations who are aiming at achieving higher growth and alleviating poverty in the country. The studies cover transition from rural agriculture to urban industry and the development of services.
Download or read book The Oxford Handbook of the Ethiopian Economy written by Fantu Cheru and published by Oxford University Press. This book was released on 2019-01-10 with total page 872 pages. Available in PDF, EPUB and Kindle. Book excerpt: From a war-torn and famine-plagued country at the beginning of the 1990s, Ethiopia is today emerging as one of the fastest-growing economies in Africa. Growth in Ethiopia has surpassed that of every other sub-Saharan country over the past decade and is forecast by the International Monetary Fund to exceed 8 percent over the next two years. The government has set its eyes on transforming the country into a middle-income country by 2025, and into a leading manufacturing hub in Africa. The Oxford Handbook of the Ethiopian Economy studies this country's unique model of development, where the state plays a central role, and where a successful industrialization drive has challenged the long-held erroneous assumption that industrial policy will never work in poor African countries. While much of the volume is focused on post-1991 economic development policy and strategy, the analysis is set against the background of the long history of Ethiopia, and more specifically on the Imperial period that ended in 1974, the socialist development experiment of the Derg regime between 1974 and 1991, and the policies and strategies of the current EPRDF government that assumed power in 1991. Including a range of contributions from both academic and professional standpoints, this volume is a key reference work on the economy of Ethiopia.
Download or read book The Oxford Handbook of the Ethiopian Economy written by Fantu Cheru and published by Oxford University Press. This book was released on 2019-01-10 with total page 872 pages. Available in PDF, EPUB and Kindle. Book excerpt: From a war-torn and famine-plagued country at the beginning of the 1990s, Ethiopia is today emerging as one of the fastest-growing economies in Africa. Growth in Ethiopia has surpassed that of every other sub-Saharan country over the past decade and is forecast by the International Monetary Fund to exceed 8 percent over the next two years. The government has set its eyes on transforming the country into a middle-income country by 2025, and into a leading manufacturing hub in Africa. The Oxford Handbook of the Ethiopian Economy studies this country's unique model of development, where the state plays a central role, and where a successful industrialization drive has challenged the long-held erroneous assumption that industrial policy will never work in poor African countries. While much of the volume is focused on post-1991 economic development policy and strategy, the analysis is set against the background of the long history of Ethiopia, and more specifically on the Imperial period that ended in 1974, the socialist development experiment of the Derg regime between 1974 and 1991, and the policies and strategies of the current EPRDF government that assumed power in 1991. Including a range of contributions from both academic and professional standpoints, this volume is a key reference work on the economy of Ethiopia.
Download or read book Economic Development and Nation Building in Ethiopia written by Daniel Teferra and published by . This book was released on 2005 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ethiopia is an ancient country with rich potential, but it has not yet resolved the fundamental question of economic development and nation building. The Ethiopian population lives under the threat of recurring famine and war. The conflict that existed between Ethiopia and Eritrea for several decades was never resolved peacefully, and a new conflict has recently emerged on top of the old. Economic Development and Nation Building in Ethiopia gives valuable insight into these problems. The book first checks the major views of development with the Ethiopian experience and examines the impact of the IMF program and the Post-Cold War globalization on the Ethiopian development. Showing the historical disparities in development between Ethiopia and the now industrialized societies of the world, the book examines the possibilities for Ethiopian economic development and nation building. Author Daniel Teferra investigates the incentives for a shared market and broader democracy between Ethiopia and Eritrea by taking a closer, more focused look at the two societies.
Download or read book State and Economic Development in Africa written by Aaron Tesfaye and published by Springer. This book was released on 2017-07-20 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book critically assesses the impact of Ethiopia’s policy of Agriculture Development Led Industrialization. Employing qualitative and quantitative analysis, it presents empirical evidence suggesting persistent economic growth. The research highlights improvements in infrastructure, health care, education, poverty alleviation as well reductions in infant mortality rate. The impact of this economic growth has however had led to only slight improvements in the plight of the poor. The author argues that, while significant steps have been achieved with measurable economic gains, there are still undeniable obstacles within the federal system: prevailing patron-client relationships, constraints on state capacity to efficiently and effectively implement policy, and bureaucratic rent-seeking in the provision of public goods. The author concludes that these problems will have to be resolved before Ethiopia’s political economy can achieve the stage of sustainable development
Download or read book Economic Development in Ethiopia written by James Pickett and published by Development Centre of the Organisation for Economic Co-operation and Development ; Washington, D.C. : OECD Publications and Information Centre. This book was released on 1991 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Democracy and Economic Development in Ethiopia written by Addis Alem Balema and published by Red Sea Press Incorporated. This book was released on 2013 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: For anyone interested in the recent economic and political development of Ethiopia since the Mengistu-regime backed by the Soviet Union was overthrown in 1991, this book is a clear must read. But the question guiding the study is indeed much broader. The author asks how can the amazing rapid economic development in a poor country such as Ethiopia, with its long and independent history and culture, be reconciled with democracy, taking into account the African context under the existing global conditions after the end of the Cold War.
Download or read book Sectoral Analysis of the Impact of Foreign Aid on Economic Growth in Ethiopia Time Series Analysis of Agriculture Education and Health Sectors written by Fikadu Goshu and published by diplom.de. This book was released on 2015-02-01 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study has examined sectoral analysis of the impact of foreign aid on aggregate and sectoral economic growth in Ethiopia over the period 1981 to 2012 using Multivariate Vector Auto Regression analysis. All the necessary time series tests such as stationary test, co-integration test, weak exiguity test, vector error correction, and causality test in vector error correction model and the like are conducted. The empirical result from the growth equation shows that aid has a significant positive impact on educational sector GDP growth in the long run. On the other hand, foreign aid has positive but insignificant impact on real GDP growth, agriculture GDP growth, and health sector GDP growth of Ethiopia for the period under consideration. Foreign aid is effective in enhancing economic growth at aggregate level of Ethiopia in general and education sector in particular. The result of the study reveals that there is a bi-directional causal relationship between educational GDP and educational foreign aid in Ethiopia. There is also a unidirectional causality between agricultural aid and agricultural GDP growth. However, the health sector does not show any causality with their respective sector aid. This implies that aid allocated for certain sectors is ineffective in achieving its objectives of economic growth. Therefore, aid recipient country like Ethiopia has to work how to enhance the domestic revenue raising capacity of the country which is at the heart of the mechanism to meet the capital required for the economy in times of short falls and ineffectiveness of external resources.
Download or read book Economic Development under Climate Change written by Amsalu Woldie Yalew and published by Springer Nature. This book was released on 2020-02-25 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Amsalu Woldie Yalew attempts to address the direct and indirect economic effects of climate change, adaptation costs, and adaptation finance in developing countries with emphasis to Ethiopia using a static computable general equilibrium (CGE) model coupled with a regional module. The results show that the economy-wide effects of climate change are profound. Planned public adaptation that aims to fully neutralize climate change-induced agricultural productivity shocks may help to avert the aggregate effects but with residual effects. The results also indicate that structural change underpins climate-resilient development as it contributes to dampen the adverse consequences of climate change on aggregate GDP and households’ welfare.
Download or read book The State and Development in Ethiopia written by Girma Kebbede and published by Humanities Press International. This book was released on 1992 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about misguided development. It shows how a state-dedicated development strategy can destroy the productive capacities of people and their means of livelihood. It is a major new account of Ethiopia's contemporary socioeconomic and political history, and its future development problems and prospects. Ethiopia's most recent history has been marked by a fusion of famine, ecological disaster, and massive poverty. This despite the country's considerable resources: fertile land not yet under intensive cultivation, grazing land underused, and enormous water resources poorly exploited. Little research has been done to explain this incongruity. Girma Kebbede fills in this gap by providing a thorough examination of major socioeconomic and political factors that have kept the majority of the Ethiopian population poor and extremely vulnerable to adverse natural phenomena. The post-revolutionary political and socioeconomic transformation of Ethiopia resulted in the establishment of a highly authoritarian state controlled by a small bureaucratic elite that retained power through force and intimidation, and appropriated surplus by virtue of its control of state power and major sectors of the economy. The author argues that, as a result of the state's ill-conceived development strategies and priorities, and its intrusiveness into all aspects of social and economic life, the country was thrown into a perilous economic condition, with social dislocation and political instability. This book will be of interest to development policymakers, environmentalists, development aid donors, and non-governmental organizations involved in development activities in Africa, as well as to undergraduate and graduate students taking courses in economics, political science, geography, ecology, sociology, and demography.
Download or read book Underdevelopment in Ethiopia written by Eshetu Chole and published by OSSREA. This book was released on 2004 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Eshetu Chole was, and remains, Ethiopia's leading economist. His works encompass an extraordinary breadth: agriculture, industrial and social development, fiscal policy, macro and micro economy, human development at national and regional levels, to name just a few of his topics. His economics were embedded in the realities of a poor and underdeveloped economy and he focused on the problematics of development from this perspective. His work epitomised a complex and pragmatic approach, and he drew on several schools of economics as well as history, anthropology and sociology in his effort to understand critically the state of Ethiopia. He was equally renowned for his insistence on the inseparability of economics and politics, his quasi-social democratic politics and his role as a public intellectual, concerned with public policy and change. Chole notably concluded that politics rather than economics were the critical explanatory factor in Ethiopia's underdevelopment. This publication brings together a representative sample of his most influential papers and articles written and published over a period of three decades, 1967-1997.
Download or read book The Economy of Ethiopia written by Keith Griffin and published by Springer. This book was released on 1992-06-18 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study looks at the economic changes accompanying the 1974 social revolution in Ethiopia. It analyses the attempt to introduce a socialist pattern of development and underlines the weaknesses in development strategy. Chapters on land reform and agricultural development are included.
Download or read book Human Capital and Economic Growth in Ethiopia written by Mulugeta Tefera and published by GRIN Verlag. This book was released on 2015-04-21 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thesis (M.A.) from the year 2014 in the subject Business economics - Operations Research, grade: Masters of Science, Wollega University (School of Economics), course: Development Economics, language: English, abstract: The topic of the research is Human Capital and Economic Growth of Ethiopia. The research answered questions such as “does human capital contribute to economic growth of Ethiopia?” with major objective to analyze the short run and long run effect of human capital on economic growth of Ethiopia over 1971 to 2013 using both ordinary least square (OLS) econometric and descriptive methods of data analysis. The data used for the research is secondary time series data collected by the National Bank of Ethiopia over the years 1971 to 2013. Nominal GDP is used as dependent and proxy variable for Economic growth while independent variables are physical capital, active labor force, terms of trade for measure of openness, government expenditure and human capital in the form of expenditure on health and education. Accordingly, the empirical finding shows that human capital in the form of education and health investment has consistent and significant long run effect on economic growth of Ethiopia at 5% level of significance. Keeping the other variables constant, 1% change (increase/decrease) in expenditure in human capital will change (increase/decrease) nominal output by 0.23%. In contrary short run human capital has consistent but insignificant effect on economic growth of Ethiopia. Because, either it takes time for education investment to pay off or the government’s budget for short run education and health sector development is not sufficient. The adjustment of the short run dynamics or disequilibrium to the long run equilibrium is weak, which is 36%. Thus, education and sectors ought to allocate resources for both quality of and access so that the benefit from human capital development outshines in contribution to economic growth. The sectoral contribution of human capital to Ethiopian economic growth may be future research.
Download or read book Agriculture for Economic Development in Africa written by Emelie Rohne Till and published by Springer Nature. This book was released on 2022-08-02 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the role of agriculture in long-term economic growth. With a particular focus on Ethiopia, the role of the state in igniting agricultural growth and in sustaining economic growth is highlighted as essential for low-income countries. Taking ideas from both economic history and development economics, the ability of Ethiopia and the rest of Africa to sustain recent rapid growth into something that can tackle the development agenda is discussed, alongside policy suggestions. This book overall presents an optimistic account of Africa and its economic prospects. It will be relevant to students and researchers interested in economic development and agricultural economics. This is an open access book.
Download or read book The contribution of tourism to the Ethiopian economy and its impact on the GDP written by Molla Dessie and published by GRIN Verlag. This book was released on 2020-10-06 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2016 in the subject Economics - Case Scenarios, Addis Ababa University, course: economics, language: English, abstract: The main objective of the study is to see overall contribution of tourism to the Ethiopian economy. Specifically: Tourism contribution to the GDP of the country, Tourism contribution to employment, Tourism contribution to foreign exchange generation, To examine the causal effect of tourism on economic growth. Furthermore this research is to investigate the contribution of tourism for the Ethiopian economy over the year 2004-2014 for descriptive and 1991-2014 for econometrics. Graphs, table and, percent and Autoregressive Distributed Lag (ARDL) Approach to Co-integration and Error Correction Model are applied in order to investigate the long-run effect of tourism receipt on economic growth. Specifically this research assessed the impact of tourism on GDP, employment, foreign exchange earnings, and economic growth. The result shows tourism positive contribution to GDP, employment, foreign exchange earnings and stable relationship between tourism receipt and economic growth. The empirical result reveals that tourism receipt found to have positive impact on economic growth. So the government and citizens should strive to improve tourism industry and to generate more income especially foreign exchange. According to WTO, tourism is a combination of activities travelling to and staying in places outside their usual environment for not more than one year for leisure, business and other activities. It is beyond the common perception of tourism as being limited to holiday activity. The WTO further explains that tourism refers to all activities of visitors including both tourist (overnight visitors) and same day visitors. This definition was adopted by UK government and WTO used it since 2004. Tourism developed many years back when people travel from one place to another place for different purpose. Human beings have been active travelers for the purpose of hunting and gathering, herding animals in small groups that provided them with food, skin for cloth and bones for making different tools.
Download or read book The economics of teff Exploring Ethiopia s biggest cash crop written by Minten, Bart and published by Intl Food Policy Res Inst. This book was released on 2018-07-19 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considerable poverty and food insecurity in Ethiopia, combined with the overwhelming majority of Ethiopians who depend on agriculture for their livelihoods, make agricultural transformation a crucial development goal for the country. One promising improvement is to increase production of teff, the calorie- and nutrient-rich but low-yielding staple. The Economics of Teff: Exploring Ethiopia’s Biggest Cash Crop examines key aspects of teff production, marketing, and consumption, with a focus on opportunities for and challenges to further growth. The authors identify ways to realize teff’s potential, including improving productivity and resilience, selecting and scaling up new technologies, establishing distribution systems adapted to different areas’ needs, managing labor demand and postharvest operations, and increasing access to larger and more diverse markets. The book’s analysis and policy conclusions should be useful to policy makers, researchers, and others concerned with Ethiopia’s economic development.
Download or read book Food and Agriculture in Ethiopia written by Paul Dorosh and published by University of Pennsylvania Press. This book was released on 2013-02-11 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: The perception of Ethiopia projected in the media is often one of chronic poverty and hunger, but this bleak assessment does not accurately reflect most of the country today. Ethiopia encompasses a wide variety of agroecologies and peoples. Its agriculture sector, economy, and food security status are equally complex. In fact, since 2001 the per capita income in certain rural areas has risen by more than 50 percent, and crop yields and availability have also increased. Higher investments in roads and mobile phone technology have led to improved infrastructure and thereby greater access to markets, commodities, services, and information. In Food and Agriculture in Ethiopia: Progress and Policy Challenges, Paul Dorosh and Shahidur Rashid, along with other experts, tell the story of Ethiopia's political, economic, and agricultural transformation. The book is designed to provide empirical evidence to shed light on the complexities of agricultural and food policy in today's Ethiopia, highlight major policies and interventions of the past decade, and provide insights into building resilience to natural disasters and food crises. It examines the key issues, constraints, and opportunities that are likely to shape a food-secure future in Ethiopia, focusing on land quality, crop production, adoption of high-quality seed and fertilizer, and household income. Students, researchers, policy analysts, and decisionmakers will find this book a useful overview of Ethiopia's political, economic, and agricultural transformation as well as a resource for major food policy issues in Ethiopia. Contributors: Dawit Alemu, Guush Berhane, Jordan Chamberlin, Sarah Coll-Black, Paul Dorosh, Berhanu Gebremedhin, Sinafikeh Asrat Gemessa, Daniel O. Gilligan, John Graham, Kibrom Tafere Hirfrfot, John Hoddinott, Adam Kennedy, Neha Kumar, Mehrab Malek, Linden McBride, Dawit Kelemework Mekonnen, Asfaw Negassa, Shahidur Rashid, Emily Schmidt, David Spielman, Alemayehu Seyoum Taffesse, Seneshaw Tamiru, James Thurlow, William Wiseman.
