Underdevelopment in EthiopiaOrganisation for Social Science Research in Eastern and Southern Africa, 2004 - Business & Economics - 357 pages Eshetu Chole was, and remains, Ethiopia's leading economist. His works encompass an extraordinary breadth: agriculture, industrial and social development, fiscal policy, macro and micro economy, human development at national and regional levels, to name just a few of his topics. His economics were embedded in the realities of a poor and underdeveloped economy and he focused on the problematics of development from this perspective. His work epitomised a complex and pragmatic approach, and he drew on several schools of economics as well as history, anthropology and sociology in his effort to understand critically the state of Ethiopia. He was equally renowned for his insistence on the inseparability of economics and politics, his quasi-social democratic politics and his role as a public intellectual, concerned with public policy and change. Chole notably concluded that politics rather than economics were the critical explanatory factor in Ethiopia's underdevelopment. This publication brings together a representative sample of his most influential papers and articles written and published over a period of three decades, 1967-1997. |
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Addis Ababa Addis Ababa University African countries agricultural Amharic average balance of payments Birr budget capital cent coffee command economy consequences considerable constraints contribution country's crisis debt decline deficit Derg devaluation Development in Ethiopia domestic saving drought economic development economic growth economic policy economic reform economists efficiency employment Eritrea Eshetu Chole Ethiopian economy expenditure exports external fact factors figures finance fiscal foreign exchange Government of Ethiopia growth rate Haile Sellassie impact implementation import substitution increase industrial development institutions investors IPEs issues land major manufacturing military million ONCCP output ownership paper percent performance Plan political population poverty private enterprise private investment private sector privatisation problem production prospects public enterprises regime regions respect role share significant situation sources strategy Sub-Saharan Africa surplus trade Transitional Government UNICEF urban Washington D.C. World Bank