Summary and Conclusions

Keith Griffin
Additional contact information
Keith Griffin: University of California

Chapter 13 in The Economy of Ethiopia, 1992, pp 289-299 from Palgrave Macmillan

Abstract: Abstract The government faces a formidable economic challenge. Unemployment in the urban areas is about 20 per cent and rising, and among young school-leavers it is higher still and rising faster. Real incomes of wage-earners have fallen by about a third since the middle of the 1970s and those of salaried workers have fallen even more. A person receiving the minimum wage can no longer provide a family with its minimum food requirements even if the whole of his income is spent on food. In the rural areas living standards are even lower, and there too real incomes have fallen and the substantial gains of the land reform have begun to be eroded away. Thus a majority of people in Ethiopia are poorer today than they were in 1974.

Keywords: Foreign Exchange; Public Consumption; Real Income; Mass Organization; Domestic Saving (search for similar items in EconPapers)
Date: 1992
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-12722-1_13

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349127221

DOI: 10.1007/978-1-349-12722-1_13

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().