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Due to the lack of progress in reducing the rate of poverty in Ethiopia, a map of marginality was created for the region to survey the state of poverty. [3] In Marginality as a Root Cause of Poverty: Identifying Marginality Hotspots in Ethiopia, Gatzweiler defines marginality as "an involuntary position and condition of an individual or group at the margins of social, political, economic ...
According to World Bank, "Poverty headcount ratio at a defined value a day is the percentage of the population living on less than that value a day at 2017 purchasing power adjusted prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions."
While rural poverty declined from 45.5% in 1995–96 to 23.5% in 2015–16, the urban poverty also declined 33.2% to 14.8% in the same period. Rural poverty rate is twice higher than urban poverty. Informal sector has been the major instant source of employment in Ethiopia rather than formal, which requires specialized skill and working capital ...
Rank Region HDI (2022) High human development 1: Addis Ababa: 0.717 Medium human development 2: Harari Region: 0.588 3: Dire Dawa: 0.572 4: Gambela Region: 0.569
Accounting for 84% of the country's labor force, agriculture in Ethiopia is the largest contributor to economic growth and the economy's most important sector. Especially among the poverty-stricken rural population, the livelihood of most Ethiopians depends on agriculture.
A top Federal Reserve official said Monday that he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could ...
Traditional savings account rates. The Federal Deposit Insurance Corporation tracks monthly average interest rates paid on savings and other deposit accounts, like certificates of deposit, that ...
“Wicked” costume designer Paul Tazewell opens up about the making of Elphaba and Glinda's costumes on Wicked — the meaning of the Elphaba's back outfits, the bubble dress and more.