At a time when the global economy is growing and the poverty rate is the. The 2019 world development report is unique in its transparency. International monetary fund, international financial statistics and balance of payments databases, world bank, international debt statistics, and world bank and oecd gdp estimates. Overall, this is a book that must be read before anyone can claim to have an understanding of the ethiopian economy. World development report 2019 world bank documents. Regarding gdp per capita growth, dijbouti and ethiopia both record. The forecasts presented in the report draw on the world economic forecasting model. The world bank team welcomes feedback on the ethiopia economic update. Growth was driven mainly by the services sector from the. World economic situation and prospects 2019 the united nations. Even more, it provides a guide to the political economy of policy and policy. Learn how the world bank group is helping countries with covid19 coronavirus.
Foreign direct investment, net inflows % of gdp data. Journal articles and chapters in a book, working papers. Construction and services sectors account for most of the growth from the supply side. Labor productivity in light manufacturing, china, ethiopia, and vietnam, 2010. Growth was driven mainly by the services sector from the supply side and public investment from the demand side. This period was also characterized by an intensification of ethiopia china relations. Draft reports were submitted on 15 november 2016, and all researchers. Ethiopia has achieved substantial progress in economic, social and. This document is being processed or is not available. Wagstaff 2012a assessed the distribution of downloads among world bank published esw reports and finds an average of 123 downloads for the 799 reports in his sample.
He argues that webbased metrics, such as downloads, could provide a useful tool for assessing demand for world bank knowledge products. The manufacturing sector is seen as the success of ethiopia s growth. The report was prepared by a team consisting of mesfin girma. Pdf this book shows that ethiopian underdevelopment has more to do with. Population 2018 ranking economy thousands 123 liberia 4,819 124 central african republic 4,666 world development indicators database, world bank, 23 december 2019 3. The ethiopian economy grew by 8 in 201516 due to the recent drought affecting agricultural production with spillovers on the trade sector. Ethiopia the human capital index hci database provides data at the country level for each of the components of the human capital index as well as for the overall index, disaggregated by gender. There is economic growth in ethiopia, but it is far behind addressing the abject poverty down in the economic ladder. Ethiopia experienced high rates of economic growth from 2003 onwards, thanks to rapid agricultural development. Ethiopia s economic growth has been remarkably rapid and stable over the past decade. Conflict and economic performance in ethiopia with befekadu. This section first gives a brief description of the ethiopian economy and its inflation. World bank and imf policy to most part is not pro working class or middle. The ethiopian economy continued its strong expansion in fy14 with real gdp growing by 10.
World bank lauds ethiopias economic growth in a report. The world bank public disclosure authorized ethiopia. The paper starts with an overview of ethiopia s economic growth and the change in the domes tic economic structure. Latest research from the world bank on development in ethiopia, including reports, studies, publications, working papers and articles. Shimeles and john weeks, a report to the ethiopian ministry of finance and economic. The date of the last country partnership strategy progress report was october. Ethiopia s location gives it strategic dominance as a jumping off point in the horn of africa, close to the middle east and its markets. The index measures the amount of human capital that a child born today can expect to attain by age 18, given the risks of poor health and poor. Productive capacity and economic growth in ethiopia. Bordering eritrea, somalia, kenya, south sudan, and sudan, ethiopia is landlocked, and has been using neighboring djiboutis main port for the last two decades.