Ethiopia has achieved sustained high growth for more than a decade. At the same time, the country has been facing … the appreciation of the dollar, thereby making Ethiopia's competitiveness and industrialization drive more difficult. In … analysis suggests that Ethiopia needs a more flexible exchange rate policy. A competitive or undervalued exchange rate is …

In the past 10 years, Ethiopia experienced high and consistent growth, invested in public goods provision to poor …

"An AIDS epidemic threatens Ethiopia with a long wave of premature adult mortality, and thus with an enduring setback … possible in view of Ethiopia's poverty and high background adult mortality, it does cause a permanent, downward displacement of …

"The authors use a sample of 147 countries to investigate the link between democracy and reforms. Democracy may be … economic institutions. The results provide robust support for the claim that democracy is good for growth-enhancing reforms …

most effective ones for processing and aggregating local knowledge. Democracy is a meta-institution for building good …

's global share of GDP means that liberal Asian nations will be poised to take up the role of promoting liberal democracy …

We explore the question of how political institutions and particularly democracy affect economic growth. Although … empirical evidence of a positive effect of democracy on economic performance in the aggregate is weak, we provide evidence that … democracy influences productivity growth in different sectors differently and that this differential effect may be one of the …

years. Democratic capital -- measured by a nation's historical experience with democracy and by the incidence of democracy … in its neighborhood -- reduces the exit rate from democracy and raises the exit rate from autocracy. In democracies, a …, promoting economic development jointly with the consolidation of democracy …