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In the first decade of the twenty-first century, countries within Sub-Saharan Africa reached milestones that seemed impossible only ten years ago: macroeconomic stability, sustained economic growth, and improved governance. Continuing this pattern of success will require enhancing the region’s...
Persistent link: https://www.econbiz.de/10008862820
Ethiopia enjoyed remarkable economic growth from 2004/05 to 2008/09, in large part due to increases in foreign transfers and capital inflows combined with expanded domestic credit to fund major increases in private and public investments in infrastructure and housing. However, this rapid growth...
Persistent link: https://www.econbiz.de/10010933116
Ethiopia’s national development strategy, A Plan for Accelerated and Sustained Development to End Poverty for 2005/06 to 2009/10 (PASDEP) places a major emphasis on achieving high rates of agricultural and overall economic growth. Consistent with the PASDEP, Ethiopia is also in the...
Persistent link: https://www.econbiz.de/10011132623
Although Ethiopia's economy has grown rapidly over the past decade and urbanization is increasing, the country's economic and spatial transformation has only just begun. Ethiopia's share of agriculture in GDP in 2006 (48 percent) was the highest in the world, and more than double the average for...
Persistent link: https://www.econbiz.de/10010762099