Publisher's Synopsis
This volume consists of seven original essays authored by five economists, on recent Ethiopian economic development. The papers deal with the relevance of conventional development theory to the special problems facing late developers, survey key sectors of the Ethiopian economy, and present econometric models at both the macro and microeconomic levels. The book makes important contributions in several areas through rigorous theoretical and empirical analyses that are grounded in Ethiopian institutions. It also presents new perspectives on the African economic crises which provide a welcome contrast to those advanced by governments and the Brettonwoods institutions.
