The Economy of Ethiopia

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Abbas Abdelkarim

This book analyses some important social, economic and political processes of change, stagnation and development in the countries of the Gulf Cooperation Council as a result of oil revenue. Part I addresses the impact of oil in redefining the distributive role of the state and in shaping economic policies. Lack of population policies, problems of national human resources development and the slow change in gender relations is presented in part II with reference to some country experiences. Part III deals with the impact of the Gulf War on causing limited change in the regional political systems and in raising security fears which have led to a huge increase in the already high military expenditure.

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Eberhard Kienle

<">The author argues in this text that the much-vaunted reform and liberalisation of Egypt's economy has been partial and selective, far from beneficial to all Egyptians. While the encouragement of the private sector has indeed benefited some, it has failed to improve the standard of living of others, in particular the lower middle classes and a large part of the landless rural population. Most importantly, economic reform and liberalisation have failed to produce a greater degree of political democracy: notions of political accountability, clean elections, a genuinely free press, the containment of police powers have turned out to be a great delusion which masks restrictions on political participation and civil liberties.<">--Bloomsbury Publishing.

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Takatoshi Ito and Anne O. Krueger

The contributors to this volume analyze the growth experiences of Japan, Korea, China, Hong Kong, Singapore, and Taiwan in light of the recently developed endogenous growth theory to provide an understanding of the economic boom in East Asia. The theory explored in this volume attributes the phenomenal economic success of these countries to, among other factors, the role of an outward orientation - a focus on exporting rather than on protecting home markets. In addition, the importance of exchange rate behavior, of the supportive role of government policy, and of the accumulation and promotion of physical and human capital are explored in detail. This collection also makes significant contributions to recent work examining the extent to which growth in each country became self-sustaining once it began. This fourth volume in the NBER-East Asia Seminar on Economics series demonstrates the relevance of endogenous growth theory for studying this important region and will be invaluable for economists and for those interested in East Asian affairs.

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David Seddon

This reference volume is the definitive guide to the economics and politics of the Middle East. It provides clear definitions detailing terms, concepts, names and organizations used in relation to current economic or political affairs in the Middle East. Entries define, explain and give further relevant information on countries, regions, ethnic groups, political parties, organizations, policies and disputes.