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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: 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: Hollis B. Chenery Publisher: Academic Press ISBN: 1483257916 Category : Law Languages : en Pages : 611
Book Description
Economic Structure and Performance: Essays in Honor of Hollis B. Chenery briefly reviews the work of Hollis Chenery in the field of economics. This book discusses the underlying themes in Chenery's work, including structure, strategy, adjustment, and models. Organized into four parts encompassing 26 chapters, this book begins with an overview of the patterns of structural change and their relation to growth. This text then examines the objectives, measures, and implementation of policy, as well as administrative capabilities and cultural characteristics. Other chapters compare Chenery's econometric analysis of development patterns with the historical analyses and suggest that the two approaches complement each other. This book discusses as well the persistence of disequilibrium in segments of the economy. The final chapter deals with simple criteria for detecting critical interdependencies and a formula for measuring their welfare consequences. This book is a valuable resource for economists, industrialists, foreign capitalists, and social scientists.
Author: Minten, Bart Publisher: Intl Food Policy Res Inst ISBN: Category : Social Science Languages : en Pages : 33
Book Description
We study the structure and performance of the coffee export sector in Ethiopia, Africas most important coffee producer, over the period 2003 to 2013. We find an evolving policy environment leading to structural changes in the export sector, including an elimination of vertical integration for most exporters. Ethiopias coffee export earn-ings improved dramatically over this period, i.e. a four-fold real increase. This has mostly been due to increases in international market prices. Quality improved only slightly over time, but the quantity exported increased by 50 percent, seemingly explained by increased domestic supplies as well as reduced local consumption. To further improve export performance, investments to increase the quantities produced and to improve quality are needed, including an increase in washing, certification, and traceability, as these characteristics are shown to be associ-ated with significant quality premiums in international markets.
Author: Göte Hansson Publisher: Routledge ISBN: 1134882467 Category : Business & Economics Languages : en Pages : 350
Book Description
Since the end of the second world war the economic gap between rich and poor countries has steadily widened. Trade, Growth and Development examines this disparity and assesses the reasons why some developing countries have been more successful than others. The book is divided into four parts: Part I examines recent developments in the theory of trade, growth and economic development; Parts II to IV present an empirical analysis of policy and performance in Latin America, Asia and Africa. As well as offering an analysis of traditional economic factors the book also emphasises the role of politics and institutions in the process of economic development.
Author: Benoit Daviron Publisher: Zed Books Ltd. ISBN: 1848136293 Category : Business & Economics Languages : en Pages : 260
Book Description
Can developing countries trade their way out of poverty? International trade has grown dramatically in the last two decades in the global economy, and trade is an important source of revenue in developing countries. Yet, many low-income countries have been producing and exporting tropical commodities for a long time. They are still poor. This book is a major analytical contribution to understanding commodity production and trade, as well as putting forward policy-relevant suggestions for ‘solving’ the commodity problem. Through the study of the global value chain for coffee, the authors recast the ‘development problem’ for countries relying on commodity exports in entirely new ways. They do so by analysing the so-called coffee paradox – the coexistence of a ‘coffee boom’ in consuming countries and of a ‘coffee crisis’ in producing countries. New consumption patterns have emerged with the growing importance of specialty, fair trade and other ‘sustainable’ coffees. In consuming countries, coffee has become a fashionable drink and coffee bar chains have expanded rapidly. At the same time, international coffee prices have fallen dramatically and producers receive the lowest prices in decades. This book shows that the coffee paradox exists because what farmers sell and what consumers buy are becoming increasingly ‘different’ coffees. It is not material quality that contemporary coffee consumers pay for, but mostly symbolic quality and in-person services. As long as coffee farmers and their organizations do not control at least parts of this ‘immaterial’ production, they will keep receiving low prices. The Coffee Paradox seeks ways out from this situation by addressing some key questions: What kinds of quality attributes are combined in a coffee cup or coffee package? Who is producing these attributes? How can part of these attributes be produced by developing country farmers? To what extent are specialty and sustainable coffees achieving these objectives?
Author: International Monetary Fund. External Relations Dept. Publisher: International Monetary Fund ISBN: 1451952821 Category : Business & Economics Languages : en Pages : 60
Book Description
For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterly magazine brings you in-depth analyses of these and other subjects by the IMF’s own staff as well as by prominent international experts. Articles are written for lay readers who want to enrich their understanding of the workings of the global economy and the policies and activities of the IMF.
Author: James Pickett Publisher: Development Centre of the Organisation for Economic Co-operation and Development ; Washington, D.C. : OECD Publications and Information Centre ISBN: Category : Business & Economics Languages : en Pages : 210
Author: Christopher Cramer Publisher: Oxford University Press ISBN: 0198832338 Category : Business & Economics Languages : en Pages : 334
Book Description
"This book challenges conventional wisdoms about economic performance and possible policies for economic development in African countries. Its starting point is the striking variation in African economic performance. Unevenness and inequalities form a central fact of African economic experiences. The authors highlight not only differences between countries, but also variations within countries, differences often organized around distinctions of gender, class, and ethnic identity. For example, neo-natal mortality and school dropout have been reduced, particularly for some classes of women in some areas of Africa. Horticultural and agribusiness exports have grown far more rapidly in some countries than in others. These variations (and many others) point to opportunities for changing performance, reducing inequalities, learning from other policy experiences, and escaping the ties of structure, and the legacies of a colonial past. The book rejects teleological illusions and Eurocentric prejudice, but it does pay close attention to the results of policy in more industrialized parts of the world. Seeing the contradictions of capitalism for what they are - fundamental and enduring - may help policy officials protect themselves against the misleading idea that development can be expected to be a smooth, linear process, or that it would be were certain impediments suddenly removed. The authors criticize a wide range of orthodox and heterodox economists, especially for their cavalier attitude to evidence. Drawing on their own decades of research and policy experience, they combine careful use of available evidence from a range of African countries with political economy insights (mainly derived from Kalecki, Kaldor and Hischman) to make the policy case for specific types of public sector investment"--
Author: International Monetary Fund Publisher: International Monetary Fund ISBN: 1451812728 Category : Business & Economics Languages : en Pages : 33
Book Description
This paper presents an Ex Post Assessment of Long-Term IMF Engagement in Ethiopia. IMF involvement since 1992 helped underpin the authorities’ gradualist policies. Initially, IMF-supported programs aimed at stabilizing the economy and breaking with the legacy of central planning. Later programs emphasized structural reform to support sustainable high growth and poverty reduction. Although macroeconomic stability has been largely achieved, structural reform was gradual and piecemeal, especially under the Enhanced Structural Adjustment Facility. Many of the most immediate and distortionary policies of the centrally planned past have also been overhauled.
Author: Fantu Cheru
Author: Fantu Cheru
Author: Hollis B. Chenery
Author: Minten, Bart
Author: Göte Hansson
Author: Benoit Daviron
Author: International Monetary Fund. External Relations Dept.
Author: 
Author: James Pickett
Author: Christopher Cramer
Author: International Monetary Fund