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The paper analyses the enigmatic high growth in Ethiopia from 2004 to 2015 (10.9% p.a.) and gauges the prospects for the future. In 2000, Ethiopia was the poorest country on the globe in per capita GDP - a mere 124 USD in current prices. The main finding is that the take-off was driven by...
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Over the last decade, the Iranian government budget on military has been higher than the average of the world. The current increasing international sanctions aim to reduce the military capabilities and capacities of the Iranian government. We analyze the response of the Iranian economy to shocks...
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effects of oil exports are taken into account, the estimates support output growth convergence between Iran and the rest of …, which could be partly due to the relatively underdeveloped nature of Iran's financial markets. -- growth models ; long run …
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