This paper examines macro-economic developments in Ethiopia between 2004/05 and 2008/09, focusing on the external accounts and the real exchange rate. Simulations using a Computable General Equilibrium (CGE) model of Ethiopia's economy show that, compared to a policy of foreign exchange...

Ethiopia enjoyed remarkable economic growth from 2004/05 to 2008/09, in large part due to increases in foreign transfers and capital inflows combined with expanded domestic credit to fund major increases in private and public investments in infrastructure and housing. However, this rapid growth...

In this paper we used a dynamic, regionalized computable general equilibrium (CGE) model to analyze the effect of various negative balance of payments shocks on output and employment and the effect of different alternative investment strategies on growth. The model shows clearly how sensitive El...

This study provides an independent external assessment of the impact of IFPRI’s work in Ethiopia during 1995–2010. From 1995 to 2004, nearly all of IFPRI’s Ethiopia work was undertaken by Washington-based research teams working on specific themes under various “global...

In spite of remarkable growth in Ethiopia’s agricultural production and overall real incomes (GDP/capita) from 2004/05 to 2008/09, prices of major cereals (teff, maize, wheat and sorghum) have fluctuated sharply in both nominal and real terms. International prices of cereals also...

Ethiopia’s national development strategy, A Plan for Accelerated and Sustained Development to End Poverty for 2005/06 to 2009/10 (PASDEP) places a major emphasis on achieving high rates of agricultural and overall economic growth. Consistent with the PASDEP, Ethiopia is also in the...

The most recent (2010–2011) drought in the arid and semiarid lowlands (ASAL) of the Horn of Africa has rendered over 13 million people in need of food, and caused a devastating famine in southern Somalia. The drought has also raised concerns that pastoralist livelihoods in this region are...

This paper provides details of the analysis done for Ethiopia’s background study for its implementation of the Comprehensive Africa Agriculture Development Programme (CAADP). The analysis provides an assessment of agricultural growth options utilizing a new computable general equilibrium...

Since registering a disappointing growth of 1.2 percent in 2002, Nigeria's economic performance has rebounded, averaging growth at 7.3 percent between then and 2007. However, the pressing challenge for the nation lies in maintaining and improving current economic growth indicators and...

Since 2003, economic growth in Nigeria has been strong. Annual GDP grew by 9.1 percent per annum between 2003 and 2005 and by 6 .1 percent per annum between 2006 and 2008. Much of this growth can be attributed to the non-oil economy which has grown rapidly. This is due primarily to agriculture,...