Fikadu Goshu Book order

Focusing on the critical role of Micro and Small Enterprises (MSEs) in economic development, particularly in Ethiopia, the book explores various challenges faced by these businesses. It examines factors such as access to credit, work premises, technical skills, market linkages, and business planning that hinder MSE growth. By addressing these issues, the work aims to provide valuable insights for academicians, entrepreneurs, and policymakers, making it a crucial resource for understanding and enhancing the MSE sector's impact on poverty alleviation and employment creation.

The study investigates the effects of foreign aid on Ethiopia's economic growth from 1981 to 2012, utilizing advanced statistical methods like multivariate Vector auto regression analysis. Findings indicate that while foreign aid significantly boosts the educational sector's GDP in the long term, its impact on overall real GDP, agriculture, and health sectors remains positive yet insignificant. The research highlights a bi-directional causal relationship between educational GDP and foreign aid, suggesting that aid is largely ineffective in driving economic development in other sectors. It emphasizes the need for Ethiopia to enhance its domestic revenue capacity to better support economic growth.

Master's Thesis from the year 2014 in the subject Economics - Macro-economics, general, grade: First grade, Wollega University (College of business and Economics), course: Development Economics, language: English, abstract: This study has examined sectoral analysis of the impact of foreign aid on aggregate and sectoral economic growth in Ethiopia over the period 1981 to 2012 using multivariate Vector auto regression analysis. All the necessary time series tests such as stationary test, co-integration test, weak exiguity test, vector error correction, and causality test in vector error correction model and the like are conducted. The empirical result from the growth equation shows that aid has a significant positive impact on educational sector GDP in the long run. On the other hand, foreign aid has positive but insignificant impact on real GDP, agriculture GDP, and health sector GDP of Ethiopia. Foreign aid is effective in enhancing growth at aggregate level of the economy in general and education sector of the economy of Ethiopia in particular. The test result of the study result reveals that there is a bi-directional causal relationship between educational GDP and educational foreign aid in Ethiopia. However, the agricultural and health sector does not show any bi-directional causality with their respective sector aid. This implies that all aid allocated for sectors is ineffective all in all in achieving its objectives of economic development. Therefore, aid recipient country like Ethiopia has to work how to enhance the domestic revenue raising capacity of the country which is at the heart of the mechanism to meet the capital required for the economy in times of short falls and ineffectiveness of external resources.