Ethiopia is one of the poorest countries in the world with a per capita income of just over US$100. Understanding the causes of the country's widespread poverty is of the utmost importance. Until recently, however, very little household data was available. This study deals with the many aspects of poverty and income distribution in Ethiopia. It analyses the determi...
Tanzania initiated significant economic reforms in 1986 after President Nyerere had stepped down as president. Economic development is still far from satisfactory, but there have been significant steps forward during the reform period, and per capita incomes have recovered after a sharp and sustained fall during the first half of the 1980s. Investment levels during...
In a broad survey this issue of Current African Issues presents a multifaceted picture of the current state of the African economy. After a period of falling per capita incomes that started in the 1970s, Africa finally saw a turnaround from about 1995. The last few years have seen average per capita incomes in Africa grow by above 3 per cent per year on average, pa...
After a period of failing per capita incomes that started in the 1970s, Africa finally saw a turn-around from about 1995, with initially modest increases in per capita incomes in Africa grow by above 3% on average, partly due to the resource boom, but also du to improved economic policies. Sub-Saharan Africa is a very small player in the global economy. At current ...