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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 …
Persistent link: https://www.econbiz.de/10012051824
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In the past 10 years, Ethiopia experienced high and consistent growth, invested in public goods provision to poor …
Persistent link: https://www.econbiz.de/10011843830
"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 …
Persistent link: https://www.econbiz.de/10003833419
"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 …
Persistent link: https://www.econbiz.de/10003821004
This article challenges recent findings that democracy has sizable effects on economic growth. As extensive political … paper focuses on this endogeneity concern. Using a worldwide survey of 165 country-specific democracy experts conducted for … these more exogenous democratizations strongly indicates that democracy does not cause growth. Consequently, the common …
Persistent link: https://www.econbiz.de/10011521223
This paper examines the relationship between political competition and financial development across a global sample of 127 countries, with a particular focus on developed and democratic OECD countries. Building on the theoretical frameworks of Acemoglu and Robinson (2006) and Besley et al....
Persistent link: https://www.econbiz.de/10015067022
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