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Author: Abey Zewde Publisher: Independently Published ISBN: 9781731433985 Category : Languages : en Pages : 36
Book Description
Abstract The paper in order to discover, the importance of conglomerates in the Ethiopian economy, it primarily examines the significance of conglomerates in the global economy, from historical perspectives and existing reality. Then, specifically, the author studies the role and the contribution of domestic conglomerate in Ethiopia. Next, based on the findings, the paper analyzes the importance of public and private domestic conglomerates in building a crisis protected, a sustainable and robust Ethiopian economy. Furthermore, it exams, the capacity of conglomerates to diversify, to assist, to leverage, to work with government policymakers and private partnership and realizes that conglomerates could have productive relationships with a different sector of the economy like Small Medium Enterprises (SMEs) and the agricultural sector. Plus the author learns conglomerates could have the capacity to generate a joint venture, sale minority stocks in the global market for financial strength. As the study continues the author, finds the importance of big companies for research and development and technology transfer, talent search and start-ups. Hence, with all these possibilities the government of Ethiopia and others have to have a creative way to bring together all forces to work and assist the countries development in unison to compete amicably and coordinate their activities recognizing conglomerates as a pillar of the economy. At the end achieving the nation's economic capacity, improve its global competitiveness; its rank in global market share and prevent economic crises from external factors, contributing to Ethiopia's' sustainable development goal (SDG).
Author: Abey Zewde Publisher: Independently Published ISBN: 9781731433985 Category : Languages : en Pages : 36
Book Description
Abstract The paper in order to discover, the importance of conglomerates in the Ethiopian economy, it primarily examines the significance of conglomerates in the global economy, from historical perspectives and existing reality. Then, specifically, the author studies the role and the contribution of domestic conglomerate in Ethiopia. Next, based on the findings, the paper analyzes the importance of public and private domestic conglomerates in building a crisis protected, a sustainable and robust Ethiopian economy. Furthermore, it exams, the capacity of conglomerates to diversify, to assist, to leverage, to work with government policymakers and private partnership and realizes that conglomerates could have productive relationships with a different sector of the economy like Small Medium Enterprises (SMEs) and the agricultural sector. Plus the author learns conglomerates could have the capacity to generate a joint venture, sale minority stocks in the global market for financial strength. As the study continues the author, finds the importance of big companies for research and development and technology transfer, talent search and start-ups. Hence, with all these possibilities the government of Ethiopia and others have to have a creative way to bring together all forces to work and assist the countries development in unison to compete amicably and coordinate their activities recognizing conglomerates as a pillar of the economy. At the end achieving the nation's economic capacity, improve its global competitiveness; its rank in global market share and prevent economic crises from external factors, contributing to Ethiopia's' sustainable development goal (SDG).
Author: Dirk J. van Wasbeek Publisher: Universal-Publishers ISBN: 1581122446 Category : Business & Economics Languages : en Pages : 355
Book Description
This dissertation examines how human resources are managed at selected Ethiopian private companies, how Ethiopian human resource management practice is evolving and how it can be improved. The examination is qualitative and exploratory, since no comparative research on human resource management has yet been conducted at Ethiopian profit or non-profit organizations. An understanding of Ethiopian human resource management practice makes it possible to improve Ethiopian human resource management practice, and thus to increase employee productivity. The study took place at four manufacturing and four service companies in Addis Ababa, all representative of their sector. The research claim is that Ethiopian human resource management practices differ from human resource management practices in the West, due to differences in cultural factors, economic systems, political systems, and legal and industrial relations. For this reason, Ethiopia s culture, politics, economy and legal and industrial relations have been analyzed. The main finding of this study is that the importance of human resource management is not uniformly understood at all the case-study companies. Although the multinational companies based in Ethiopia see their human resources as the companies most important asset, as human capital, the local companies generally do not. The fact that respondents claim that Ethiopia has limited experience in industrialization might explain why human resource management in Ethiopia is rudimentary and still has a long way to go. With this dissertation the researcher wants to contribute to improving Ethiopian human resource management practice. Moreover, this dissertation may be used as a framework for similar research in other sectors or for more specific in-depth research. This dissertation may also serve as a knowledge base for company managers, business consultants, academics and government officials of countries with a national culture similar to Ethiopia s (for example Kenya, Tanzania and Zambia), countries undergoing (or which have undergone) a recent transition to a free market economy, and countries facing similar macro-economic developments.
Author: Fantu Cheru Publisher: Oxford University Press ISBN: 0192546457 Category : Business & Economics Languages : en Pages : 1017
Book Description
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.
Author: Andrea Ciani Publisher: World Bank Publications ISBN: 1464815585 Category : Business & Economics Languages : en Pages : 178
Book Description
Economic and social progress requires a diverse ecosystem of firms that play complementary roles. Making It Big: Why Developing Countries Need More Large Firms constitutes one of the most up-to-date assessments of how large firms are created in low- and middle-income countries and their role in development. It argues that large firms advance a range of development objectives in ways that other firms do not: large firms are more likely to innovate, export, and offer training and are more likely to adopt international standards of quality, among other contributions. Their particularities are closely associated with productivity advantages and translate into improved outcomes not only for their owners but also for their workers and for smaller enterprises in their value chains. The challenge for economic development, however, is that production does not reach economic scale in low- and middle-income countries. Why are large firms scarcer in developing countries? Drawing on a rare set of data from public and private sources, as well as proprietary data from the International Finance Corporation and case studies, this book shows that large firms are often born large—or with the attributes of largeness. In other words, what is distinct about them is often in place from day one of their operations. To fill the “missing top†? of the firm-size distribution with additional large firms, governments should support the creation of such firms by opening markets to greater competition. In low-income countries, this objective can be achieved through simple policy reorientation, such as breaking oligopolies, removing unnecessary restrictions to international trade and investment, and establishing strong rules to prevent the abuse of market power. Governments should also strive to ensure that private actors have the skills, technology, intelligence, infrastructure, and finance they need to create large ventures. Additionally, they should actively work to spread the benefits from production at scale across the largest possible number of market participants. This book seeks to bring frontier thinking and evidence on the role and origins of large firms to a wide range of readers, including academics, development practitioners and policy makers.
Author: Tatiana Deych Publisher: African Books Collective ISBN: 0994032595 Category : Political Science Languages : en Pages : 301
Book Description
This volume, titled Africas Growing Role in World Politics, includes a selection of papers dedicated to the problems of the contemporary international relations and foreign policies of the African states. Most of these papers were presented at the panels, held within the framework of the 13th International Conference of Africanists Society and Politics in Africa: Traditional, Transitional and New (Moscow, Russia, May 2730, 2014). The book contains many articles devoted to the Western countries policies in Africa. On the background of the ongoing competition between Washington and Beijing, the US Administration has recently increased the amount of attention it pays to the continent. European Union is also actively developing its strategic partnership with Africa. The authors analyze thoroughly the ongoing cooperation between African states and a great emerging donor and investor China. They particularly address the question about possible implications of Chinas African policy for the countries of the continent. Major attention is given to Sudan and South Sudan. One of the urgent problems addressed by this book is the situation with African IDPs and refugees, their life conditions in camps and the measures for their transition to normal life.
Author: Jetu Edosa Chewaka Publisher: Anchor Academic Publishing ISBN: 3960675097 Category : Business & Economics Languages : en Pages : 143
Book Description
In an increasingly universalizing world, operating business in the form of companies is apparently becoming an indispensable aspect of modern commercial life. The major reason that led to the corporate form as the principal method of organization of commercial activity, among other things, is its advantage of limited liability. Limited liability, in its classical sense, implies the insulation of individual shareholders composing the company from the liability of company debts. Yet, the traditional corporate legal theory has confined the advantage of limited liability within the purview of multimember corporations, making it inaccessible to solo investors. However, quite recently, the historical relic of corporate theory that views corporations as a legally personified body of numerous subscribes of shares has undergone a sharp evolution, as have many other business practices and their legal bases. The purpose of this study is to look into notable literature on major corporate theories and analyze whether it would be applicable to single member companies (SMC). It also seeks to compare major legal frameworks governing SMC’s in comparative jurisdictions to show the legal and theoretical implications of introducing SMC’s into the Ethiopian corporate legal system.
Author: Mulugeta Abuye Ertiro Publisher: GRIN Verlag ISBN: 3668811164 Category : Business & Economics Languages : en Pages : 80
Book Description
Thesis (M.A.) from the year 2012 in the subject Business economics - Investment and Finance, grade: MSc in Finance and Investment, Mekelle University (Business and economic college), language: English, abstract: This study was conducted in Ethiopian insurance companies in order to measure the technical efficiency using DEA input oriented approach under both constant and variable return versions and Malmquist index output oriented approach in the period 2006-2010. In the first stage, the relative technical efficiency is estimated with data envelopment analysis (DEA) to establish benchmarking company, then, they are ranked according to their technical efficiency. Mann whiney- U test in the second stage was used to determine the factors affecting efficiency. The concept of efficiency concerns is an insurer’s ability to produce a given set of outputs (such as premiums and investment income) via the use of inputs such as administrative and general expenses and financial capital. The insurance company is said to be technically efficient if it cannot reduce its input usage without some corresponding reduction in outputs, given the current state of production technology in the industry. The technical efficiency of Ethiopian insurance companies during the study period was 86.7%, 97.1% and 84.9% in technical efficiency, pure technical efficiency and scale efficiency, respectively. The productivity change shows Ethiopian insurance companies were quite well in efficiency change rather than technological change. It suggested that it is better to employ advanced technology to be efficient in competitive environment. So it is advisable Ethiopian insurance companies are better-off to follows the best practicing firms in the industry. The economic implications arising from findings were also considered.
Author: Fantu Cheru Publisher: Oxford University Press ISBN: 0192546449 Category : Business & Economics Languages : en Pages : 1000
Book Description
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.
Author: Almas Heshmati Publisher: Springer ISBN: 9811044511 Category : Business & Economics Languages : en Pages : 391
Book Description
This book is a collection of studies on economic development and growth in selected African countries. It consists of an introduction/summary and 15 inter-related empirical studies grouped into 5 research areas: women’s empowerment and demand for healthcare; the impact of institutions, aid, inflation and FDI on economic growth; capital structure and bank-loan growth effects; trade, mineral exports and exchange rate; and growth, productivity and efficiency in various industries. 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 Rwanda – two countries undergoing rapid economic and social development.
Author: Abey Zewde
Author: Abey Zewde
Author: Dirk J. van Wasbeek
Author: Fantu Cheru
Author: Andrea Ciani
Author: Tatiana Deych
Author: Jetu Edosa Chewaka
Author: Mulugeta Abuye Ertiro
Author: Fantu Cheru
Author: 
Author: Almas Heshmati