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date: 27 November 2021

Abstract and Keywords

From a war-torn and famine-plagued country at the beginning of the 1990s, Ethiopia is today emerging as one of the fastest-growing economies in Africa. Growth in Ethiopia has surpassed that of every other sub-Saharan country over the past decade and the government has set its sights on transforming the country into a middle-income country by 2025, and into a leading manufacturing hub in Africa. Ethiopia’s unique model of development, where the state plays a central guiding role, has attracted much research interest from academics and the mainstream media. The major focus of this book, however, is the recent economic history, policies, and performance of the Ethiopian economy during a moment of ongoing and significant structural change. Recent experiences are set against the deeper background of the long-run trajectories and features of Ethiopian economic history and the wider sub-Saharan African political economy.

Keywords: Ethiopia, economy, history, social policy, agriculture, industrialization, structural transformation, economic development, urban development, rural development

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