Agriculture and the economic transformation of ethiopia. Urban poverty in ethiopia download ebook pdf, epub. Introduction since 1992 the government of ethiopia has introduced a variety of reforms aimed at improving macroeconomic stability, accelerating economic growth, and reducing poverty. The economic update also examines services in ethiopia s economy, including the role of exports as tradable activities and intermediate inputs to manufacturing. Moreover, the government of ethiopia is committed to rapid growth of agriculture as a means of accelerating the economic transformation and reducing poverty. This statistic shows the share of economic sectors in the gross domestic product gdp in ethiopia from 2008 to 2018. Under haile selassie i reigned 193074, ethiopia s economy enjoyed a modicum of free enterprise. The government is devoting a high share of its budget to propoor programs and investments.
In 2018, the share of agriculture in ethiopia s gross domestic product was 31. The production and export of cash crops such as coffee were advanced, and importsubstituting manufactures such as textiles and footwear were established. Ethiopia s growth miracle, coupled with its large population and significant land mass, has attracted. Growth and transformation plan ii gtp ii is ethiopia s fiveyear development plan for 20152020. Ethiopia economic growth growth is expected to moderate this year, although it will remain healthy on the back of robust household spending, sustained public infrastructure investment and upbeat fdi amid ongoing economic liberalization efforts. This site is like a library, use search box in the widget to get ebook that you want. Ethiopia has a mixed market economy, which means businesses are owned by both the public and private sectors. Pdf determinant of economic growth in case of ethiopia. It can enhance economic growth by mobilizing the resources of a country.
In the world of free capital mobility, another channel for appreciation exists. Degefu department of statistics, hawassa university, hawassa, ethiopia abstract micro and smallscale enterprises have key roles to ensure economic growth and reduceof hawassa city, ethiopia poverty in developing countries. D sarlo distinguished professor of business economics dominican university of california abstract moderate inflation is an inevitable consequence of sustained economic growth. Currency devaluation and economic growth the case of. Sustainable development and poverty reduction program federal democratic republic of ethiopia fdre. The structure of the ethiopian economy a sambased characterisation1 alemayehu seyoum taffesse and tadele ferede2 may 2004 i. Factors that determine the growth of micro and small. Overview of ethiopian economy this chapter presents economic growth history of ethiopia. While it provides a comprehensive picture of the state of economic development and growth in most parts of the continent, the main focus is on economic development and growth in ethiopia and. Introduction planning can be defined as a continuous process which involves decisions or choices, about. The ethiopian economy download ebook pdf, epub, tuebl, mobi. Click download or read online button to get the ethiopian economy book now. Productive capacity and economic growth in ethiopia. Recent macroeconomic development ethiopia alemayehu geda august, 2001 paper presented at international conference on contemporary development issues in ethiopia, western michigan university, kalamazoo, michigan, usa, august 1618, 2001.
The mathematics and context of exponential population growth in ethiopia signals alarm about an impending economic and population growth crash. Outlook the ethiopian economy has experienced impressive growth performance over the last decade with average gdp growth rate of 11 %, which is about double of the average growth for sub saharan africa. The federal democratic republic of ethiopia and the imf. The assumption that there is a uniquely correct or at least a. The gross domestic product gdp in ethiopia was worth 94 billion us dollars in 2019, according to official data from the world bank and projections from trading economics.
According to the latest international monetary fund imf economic outlook for africa, ethiopia s economy is forecast to grow 8. Growth was driven mainly by the services sector from the supply side and public investment from the demand side. Ethiopia economy gdp, inflation, cpi and interest rate. Economic growth and development in ethiopia request pdf. Growing manufacturing industry in ethiopia case study.
Infrastructure development and economic growth in ethiopia. Descriptive analysis of macroeconomic indicators since 1992 is also made. Economic growth without structural transformation the. World bank national accounts data, and oecd national accounts data files. June 22, 2016, with the officials of the federal democratic republic of ethiopia on economic developments and policies. This pdf is a selection from an outofprint volume from the national bureau of economic research.
Its economy has experienced between 8% and 11% growth over the last 10 years, although for 2014 and 2015 that rate dropped to 5. Economic growth depends on the domestic saving rate and the external. The tenth annual conference focusing on the amhara regional state social and economic development was organized by eea in collaboration with its bahir dar chapter on november 30, 2019 at homeland hotel conference hall, bahir dar. The role of financial instituions in economic growth of ethiopia.
Click download or read online button to get urban poverty in ethiopia book now. Recent economic developments strong economic growth continued in 201415. Pdf infrastructure development and economic growth in. In spite of rapid economic growth in the past decade, ethiopia remains. Federal democratic republic of ethiopia country strategy paper 20112015 april 2011. Determinant of economic growth in case of ethiopia. Growth and transformation plan ii gtp ii 201516201920 27 0 121 981 21 927.
Ethiopia has over the past decade achieved strong and robust economic growth coupled with the expansion of social services. Ethiopia is africas fastestgrowing economy for 2019. The ethiopian economy has been characterized by erratic nature of output as the. Growth and transformation plan ii gtp ii 2015162019. An overview of the balassasamuelson hypothesis in asia. Over the last ten years, the country has achieved doubledigit growth in real terms, averaging 10. Current efforts are directed towards sustaining doubledigit growth episodes by deepening struc. Recent economic developments the ethiopian economy continued its strong expansion in fy14 with real gdp growing by 10. The reality of fdi in the ethiopian economy environment as well as the standard and analytical modeling of the reflection of this type of investment on the economic growth. Ethiopia share of economic sectors in the gross domestic. The program is aimed at supporting the ethiopian governments own homegrown economic reform program, which is designed to eliminate macroeconomic imbalances and lay the foundation for sustainable and inclusive growth.
In this paper i analyze the effects of devaluation on gdp per capita growth in ethiopia using. While the drought slowed down growth in 201516 the economy still expanded by 8 percent, which is a sign of increased economic resilience. If youre looking for a free download links of economic development pdf, epub, docx and torrent then this site is not for you. Government of ethiopia growth and transformation plan household income, consumption and expenditure survey. As discussed in chapter three a number of factors including investment, trade, economic policy, institution and many others affect economic performance of countries. Currency devaluation and economic growth the case of ethiopia abstract devaluation of currency has an ambiguous effect on economic growth of a country. An earlier version of this paper is presented on international conference of ethiopian economic. With sustained economic growth at levels predicted by the imf, the wider world will have to reappraise its view of a nation thats blazing a trail for economic development on the african continent. Ethiopia s main challenges are sustaining its positive economic growth and accelerating poverty reduction, which both require significant progress in job creation as well as improved governance. Productive capacity and economic growth in ethiopia 1 introduction ethiopia is one of the largest least developed countries ldcs in subsaharan africa, with a popula. The major objective of gptii is to serve as a springboard towards realizing the national vision of becoming a low middleincome country by 2025, through sustaining the rapid, broadbased, and inclusive economic growth, which accelerates economic transformation and the. A thesis submitted to the school of graduate studies of addis ababa university in partial fulfillment of the requirements for the degree of master of science in. Especially after world war ii, tourism, banking, insurance, and transport began to.
This calls for a shift toward a more exportled model, the report notes, where the private sector can play a greater role in economic growth, export diversification and employment. Welcome to resilience building in ethiopia reset back to the list. Impacts of populaon growth on ethiopian development indicators. Factors that determine the growth of micro and small enterprises. The performances and challenges of growth and transformation plan i in ethiopia. They also have historically produced more rapid economic growth than other kinds of economies. Globalization, institutions and economic growth 2007 the central lesson from the past 50 years of development research and policy is that economic growth is the most effective way to pull people out of poverty and deliver on their wider objectives for a better life. Empirical evidences show that the ethiopian population is growing exponentially beyond the accommodating capacity of the economy. The role of financial instituions in economic growth of. Noula armand gilbert senior lecturer, sama gustave linyong phd student gwah munchunga divine m. The ethiopian economy grew by 8 in 201516 due to the recent drought affecting agricultural production with spillovers on the trade. This page provides ethiopia gdp annual growth rate actual values, historical data, forecast, chart, statistics, economic calendar and news.
411 1233 369 427 758 762 1012 1421 556 462 1175 557 206 1350 294 370 1154 375 1306 38 906 1133 415 1176 580 617 976 1131 200 895 1535 999 1592 234 1261 15 1320 1278 1240 740 1259 381 1085 1033 1396 1065 1371 1391