Ethiopia - an agrarian economy in transition

Yared Seid, Alemayehu Taffesse and Seid Nuru Ali

No wp-2015-154, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Ethiopia has experienced rapid economic growth since 2005. Real gross domestic product (GDP) grew at an average rate of 10.5 per cent per annum for the period between 2004-05 and 2013-14. Public investment in key infrastructure and interventions in the agriculture sector have made important contributions to GDP growth. This growth has been accompanied by a process of capital deepening and signs of structural shift away from traditional and primary sectors towards secondary and tertiary sectors.

Keywords: Economic growth; Labour market (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (4)

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