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Globalization and Marginalization in Africa: Poverty, Risk, and Vulnerability in Rural Ethiopia

Stefan Dercon

No RP2007-73, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Increased openness is seen by some as a panacea for development while for others it is a recipe for disaster for the poor. Using the example of Ethiopia, this paper discusses some of the key challenges faced by some of the poorest African countries in beneficially engaging in the world economy. Worldwide income growth has largely bypassed many African countries, and substantial parts of their populations risk increasing marginalization.

Keywords: Globalization; Households; Infrastructure (Economics); Risk; Rural development (search for similar items in EconPapers)
Date: 2007
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