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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 …
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This paper is aimed to decompose, the economic growth of the Afar national regional state of Ethiopia in to labor …
Persistent link: https://www.econbiz.de/10013454659
Ethiopia has experienced rapid economic growth since 2005. Real gross domestic product (GDP) grew at an average rate of … structural transformation that Ethiopia has shown in the last decade, including a continuous decline in the role of agriculture …
Persistent link: https://www.econbiz.de/10011438433
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The Ethiopian economy is characterized by an erratic and poor performance with negative growth rates, seven times over the period 1981-2010. This trapped per capita income at 358 USD in 2010 staying far away from middle-income country status. A lot of unsolved debates regarding perpetual growth,...
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Employing propensity score reweighting and event-based strategies, we provide evidence that sustained real exchange rate (RER) misalignments have significant effects on economic development: positive on GDP per capita and capital stock in the case of undervaluation, and negative on the capital...
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