Publication: Ethiopia: Priorities for Ending Extreme Poverty and Promoting Shared Prosperity
Date
2016-03-30
ISSN
Published
2016-03-30
Author(s)
World Bank Group
Abstract
This Systematic Country Diagnostic (SCD)
identifies the binding constraints to reducing extreme
poverty and promoting shared prosperity in Ethiopia.
Achieving those goals requires a two pronged strategy of
building on the strengths of past performance as well as
introducing new elements. Progress in rural livelihoods
drove poverty reduction in the past and will likely do so in
the future. In addition, faster, and more inclusive, private
sector-led structural change and ‘getting urbanization
right’ are essential going forward. The report identifies
two key challenges to sustainable progress: Ethiopia needs
sustainably financed infrastructure that enables private
investment to flourish and reduces reliance on public
borrowing. It must also strengthen feedback mechanisms that
inform policymakers of what works and what doesn’t so that
the aspirations of a rapidly rising and better-educated
working-age population can be met. The report is structured
in two parts: Part A analyses the past and Part B identifies
priorities for the future.
Citation
“World Bank Group. 2016. Ethiopia; Ethiopia : Priorities for Ending Extreme Poverty and Promoting Shared Prosperity. © World Bank, Washington, DC. http://openknowledge.worldbank.org/handle/10986/24590 License: CC BY 3.0 IGO.”