Ethiopia is making steady progress in economic growth. In 2000/01, real GDP growth reached 7.9 per cent, from a yearly average of 4.8 per cent since 1994/95. Notwithstanding the growth upsurge, per capita income in Ethiopia has continued to decline since 1997/98. The growth performance is expected to moderate with an estimated growth rate of GDP of 5 per cent in 2001/02, which will rise to 6 per cent in 2002/03. In effect, Ethiopia’s declining per capita income is expected to continue in the short term. In line with its Poverty Reduction Strategy Paper (PRSP) commitments, the government has put poverty reduction at the centre of its medium-term growth strategy. Ethiopia’s economic management is improving, underlined by fiscal and monetary prudence. The government’s recent fiscal performance is marked by success in orientating spending from defence to poverty-targeted outlays. However, weak expenditure management is hampering progress towards fiscal stability. Further increases in government expenditure are expected to outweigh revenue gains leading to continuing deterioration in the budget position in the short term...
L’année 2001/02 a été très difficile pour l’économie égyptienne en raison de problèmes extérieurs qui se sont répercutés sur l’ensemble de l’économie et que les événements du 11 septembre ont exacerbés. Ainsi, la baisse des recettes du pétrole, du tourisme et du canal de Suez, ainsi que le tassement de la croissance mondiale et les problèmes de sécurité dans la région, ont eu un effet défavorable sur la croissance de 2001/02 qui est tombée à 2.3 pour cent et devrait rester à ce niveau en 2002/03…
This paper studies the development of indigenous insurance institutions set up to help cover the high costs of funerals, using evidence from rural areas in Tanzania and Ethiopia. Many of these institutions tend to co-exist within the same community and are based on well-defined rules and regulations, often offering premium-based insurance for funeral expenses, as well as, in many cases, other forms of insurance and credit to help address hardship. The paper argues that the characteristics and inclusiveness of these institutions make them well placed as models to broaden insurance provision and other development activities in these communities. In Ethiopia, there is some encouraging experience with using these institutions, as reviewed in this paper. However, the paper argues that their fragility as institutions is well illustrated by current pressures related to HIV/AIDS, as well as by their apparent resistance to engage more broadly with NGOs and government agencies. As a ...
Malgré cinq années de croissance économique rapide reposant sur une politique économique saine et une aide extérieure soutenue, l’Éthiopie reste au rang des plus pauvres pays de la planète, et les effets persistants de la sévère sécheresse de la saison 2002/03 affectent toujours nombre des 73 millions de ses habitants, notamment les pauvres. La croissance de l’économie s’est établie à un taux de 6.8 pour cent en termes réels en 2004/2005 (estimation), et elle approche les 7 pour cent nécessaires pour accomplir les Objectifs du Millénaire pour le développement (OMD). Les bons résultats de sa politique économique ont fait de l’Éthiopie un pays favorisé par...
Despite five years of rapid economic growth based on sound economic policies and high levels of aid, Ethiopia remains one of the world’s poorest countries, and the lingering effects of the severe drought in 2002/03 continue to be felt by many of Ethiopia’s 73 million people, especially the poor. The economy is estimated to have grown at a rate of 6.8 per cent in real terms in 2004/05 and is approaching the 7 per cent growth rate needed to reach the Millennium...
THE ETHIOPIAN ECONOMY CONTINUES the strong performance witnessed since 2004, with real GDP estimated to have grown by 8.2 per cent in 2006/07, well above the 5.4 per cent registered in 2005/06. This growth was broad-based, with industry, agriculture and services all expanding strongly
Ethiopia: Real GDP Growth and Per Capita GDP (USD/PPP at current prices) appears in African Economic Outlook 2009.
Ethiopia: Current Account (percentage of GDP at current prices) appears in African Economic Outlook 2009.
Ethiopia: Stock of Total External Debt (percentage of GDP) and Debt Service (percentage of exports of goods and services) appears in African Economic Outlook 2009.
Ethiopia: Public Finances (percentage of GDP at current prices) appears in African Economic Outlook 2009.
ETHIOPIA’S REAL GDP GROWTH REMAINED strong in 2007/08 at 11.6 per cent, marginally up from 11.5 per cent in 2006/07. This rapid growth was driven mainly by the agriculture and services sectors supported by strong growth of exports and sustained inflows of official development assistance and foreign direct investment. Growth is expected to slow down but remain strong in 2008/09, at 6.5 per cent, owing to a good harvest and sustained high public investment in infrastructure. The expected slowdown in 2008/09 is due to the impact of the global recession on nontraditional exports and slower growth in domestic demand as a result of tighter fiscal and monetary policies.
LA CROISSANCE, À 11.6 POUR CENT, est restée forte en 2007/08, en légère hausse par rapport aux 11.5 pour cent enregistrés l’année précédente. Elle a été essentiellement tirée par l’agriculture et les services, eux-mêmes soutenus par les exportations et un afflux continu d’aide au développement et d’investissements directs étrangers. Cette croissance devrait ralentir à 6.5 pour cent en 2008/09, tout en se maintenant grâce à une bonne récolte et aux investissements publics en infrastructures. L’impact de la récession mondiale devrait se faire ressentir sur les exportations non traditionnelles (fleurs et or) et ralentir la demande intérieure, en raison de politiques fiscales et monétaires plus strictes.
Despite recently introducing policy instruments and legislative commitments designed to serve women’s interests, Ethiopia remains one of Africa’s most tradition-bound societies. A vast majority of Ethiopian women, particularly in rural areas, live in a state of poverty and dependence, and they rarely benefit directly from development initiatives. Following traditional socio-cultural installations and practices, women in Ethiopia are considered to be subordinate to men.