relationship between financial development and economic growth in Ethiopia using annual data from 1980 to 2021. We employ the Toda …The relationship between financial development and economic growth has been widely debated in the economics literature … stationary. Using the Toda-Yamamoto causality test, we find no causality running from financial development to economic growth …

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 …" (GTP) does not sufficiently address the failure of industrialisation, focused on manufacturing. Ethiopia has the third …