Macroeconomic Reforms in Ethiopia

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Which decade did economic reform begin throughout Africa?

1990s

What were the two decades prior to the mid-1990s characterized by in sub-Saharan economies?

Fiscal and balance of payment deficits

What is the main objective of the unit?

To study the national development objectives and strategies in Ethiopia

When did a wave of democratization start in Ethiopia?

During the mid-1990s

What is the image of Ethiopia in terms of its economic status?

One of the poorest countries in the world

Which region of Africa did economic reform begin in the mid-1990s?

East Africa

What were the outcomes of the donor-sponsored reform efforts in sub-Saharan economies?

Increased poverty

Which government was in power in Ethiopia before the mid-1990s?

Monarchy

What is the focus of this unit?

Homegrown economic reforms in Ethiopia

What is the current economic status of Ethiopia?

One of the poorest countries in the world

Test your knowledge on the macroeconomic reforms implemented in Ethiopia in Unit 7. Explore the impact of these reforms on fiscal and balance of payment deficits, and how they contributed to the country's economic growth and stability.

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