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- Hemlin, Maud
(author)
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Ethiopia
- 2019
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In: Institutional adjustment for economic growth: Small scale industries and economic transition in Asia and Africa. - : Taylor and Francis. - 9780429806438 ; , s. 123-162
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Book chapter (peer-reviewed)abstract
- Ethiopian Marxist intellectuals abroad returned to join the revolution, but ended up divided into separate camps, the two most important being the Ethiopian People’s Revolutionary Party and MEISON. The former counted the Derg among its enemies and demanded a civilian government immediately, while the latter attempted to direct the revolution from inside through Derg cooperation, and spoke of a yet immature sense of class consciousness. If the political history of Ethiopia is used as a basis for analysis, one could start with the short-sightedness, the lack of continuity of polices and the reactions of the people to this situation. When Mengistu fled the country in May 1991 a Transitional Government took over, and issued a draft for a new Ethiopian economic policy which, after consultations with a variety of economic and political organisations, was approved by the Council of Representatives in November.
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| 2. |
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Institutional adjustment for economic growth: Small scale industries and economic transition in Asia and Africa
- 2019
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Editorial collection (peer-reviewed)abstract
- First published in 1998, this volume focuses on the special category of countries popularly referred to as ‘transition economies’ through an analysis of small and medium sized enterprises (SMEs) and their role in Asian economies, with a view to assessing whether they could or should provide a model for African countries. The present volume explores the institutional peculiarities displayed by ‘transition economies’. These are economies which are undergoing a comprehensive and fundamental societal transformation with a view to creating a utopian communist society within the frame of a centrally administered economy, then a pluralistic society based on a market economy and the rule of law. Much of the debate on the economic performance of African LCD’s has focused on informal sector activities or on the imperative to achieve structural adjustment. By highlighting instead the challenges facing two of the least successful among the African economies-Ethiopia and Tanzania, both of which share a socialist past-this book moves beyond the above issues. It argues that institutional adjustment is critical to the prospects for success in developing transition economies. As such the book investigates the transaction costs environment within which small-scale industrial activities are set. By drawing extensively on the Asian experience, (predominantly China and Vietnam but also India and Taiwan), it identifies sources of transaction costs by examining not only the transactional disadvantages of small-scale production, but also the past and present sources of institutional inefficiency.
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