The Oxford Handbook of the Ethiopian Economy

By Fantu Cheru, Christopher Cramer and Arkebe Oqubay

Oxford University Press

Oxford Handbooks offer authoritative and up-to-date surveys of original research in a particular subject area. Specially commissioned essays from leading figures in the discipline give critical examinations of the progress and direction of debates, as well as a foundation for future research. Oxford Handbooks provide scholars and graduate students with compelling new perspectives upon a wide range of subjects in the humanities, social sciences, and sciences.

Ethiopia has been through remarkable transformations since the early 1990s, after a protracted period of war and famines. The economy has been one of the fastest growing in Africa, and indeed in the world, during the past fifteen years and the IMF has forecast continued high growth rates. The Ethiopian government has set its sights on transforming the structure of the economy, on becoming a leading manufacturing hub in Africa, and on securing middle-income country status by 2025.

The Oxford Handbook of the Ethiopian Economy studies this country’s unique model of development, where the state plays a central role, and where a successful industrialization drive has challenged the long-held erroneous assumption that industrial policy will never work in poor African countries. While much of the volume is focused on post-1991 economic development policy and strategy the analysis is set against the background of the long history of Ethiopia.