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The Second Five-Year Plan (1962–1967) signaled the start of a 20-year program to change Ethiopia's predominantly agricultural economy to an agro-industrial one. [41] The Third Five-Year Plan (1968–1973) also sought to facilitate Ethiopia's economic well-being by raising manufacturing and agro-industrial performance. [41]
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The pioneer of analysis of the premodern economic history of Ethiopia, Richard Pankhurst, published a full-length book titled An Introduction to the Economic History of Ethiopia from Early Times to 1800 in 1961 from available sources published in 1800, which were attributed to Encyclopedia Aethiopica. [9]
The Economy of East Africa is characterized by diverse sectors, with agriculture playing a pivotal role, employing the majority of the population and contributing significantly to GDP. Key crops include coffee, tea, and horticultural products.
The economy of Ethiopia remained very traditional until the later 20th century, although Ethiopia—unlike most sub-Saharan countries—had maintained trade and contacts with the outside world for centuries. Since ancient times, Ethiopian traders exchanged gold, ivory, musk, and wild animal skins for salt and luxury goods, such as silk and ...
It is responsible for general financial management and economic policy of Ethiopia, in addition to the allocation of economic assistance. Formerly the Ministry of Finance, it has its origins in the ministerial system introduced by Emperor Menelik II in 1907.
The Growth and Transformation Plan (GTP) was a national five-year plan created by the Ethiopian government to improve the country's economy by achieving a projected gross domestic product (GDP) growth of 11-15% per year from 2010 to 2015. The plan included details of the cost (estimated at US$75–79 billion over the five years) and specific ...
Download as PDF; Printable version; In other projects Wikimedia Commons; Wikidata item; ... Economy of Ethiopia-related lists (1 C, 1 P) B. Ethiopian billionaires (1 P)