The contribution of tourism to the Ethiopian economy and its impact on the GDP

The contribution of tourism to the Ethiopian economy and its impact on the GDP PDF Author: Molla Dessie
Publisher: GRIN Verlag
ISBN: 3346264505
Category : Business & Economics
Languages : en
Pages : 64

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Book Description
Bachelor Thesis from the year 2016 in the subject Economics - Case Scenarios, Addis Ababa University, course: economics, language: English, abstract: The main objective of the study is to see overall contribution of tourism to the Ethiopian economy. Specifically: Tourism contribution to the GDP of the country, Tourism contribution to employment, Tourism contribution to foreign exchange generation, To examine the causal effect of tourism on economic growth. Furthermore this research is to investigate the contribution of tourism for the Ethiopian economy over the year 2004-2014 for descriptive and 1991-2014 for econometrics. Graphs, table and, percent and Autoregressive Distributed Lag (ARDL) Approach to Co-integration and Error Correction Model are applied in order to investigate the long-run effect of tourism receipt on economic growth. Specifically this research assessed the impact of tourism on GDP, employment, foreign exchange earnings, and economic growth. The result shows tourism positive contribution to GDP, employment, foreign exchange earnings and stable relationship between tourism receipt and economic growth. The empirical result reveals that tourism receipt found to have positive impact on economic growth. So the government and citizens should strive to improve tourism industry and to generate more income especially foreign exchange. According to WTO, tourism is a combination of activities travelling to and staying in places outside their usual environment for not more than one year for leisure, business and other activities. It is beyond the common perception of tourism as being limited to holiday activity. The WTO further explains that tourism refers to all activities of visitors including both tourist (overnight visitors) and same day visitors. This definition was adopted by UK government and WTO used it since 2004. Tourism developed many years back when people travel from one place to another place for different purpose. Human beings have been active travelers for the purpose of hunting and gathering, herding animals in small groups that provided them with food, skin for cloth and bones for making different tools.

The contribution of tourism to the Ethiopian economy and its impact on the GDP

The contribution of tourism to the Ethiopian economy and its impact on the GDP PDF Author: Molla Dessie
Publisher: GRIN Verlag
ISBN: 3346264505
Category : Business & Economics
Languages : en
Pages : 64

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Book Description
Bachelor Thesis from the year 2016 in the subject Economics - Case Scenarios, Addis Ababa University, course: economics, language: English, abstract: The main objective of the study is to see overall contribution of tourism to the Ethiopian economy. Specifically: Tourism contribution to the GDP of the country, Tourism contribution to employment, Tourism contribution to foreign exchange generation, To examine the causal effect of tourism on economic growth. Furthermore this research is to investigate the contribution of tourism for the Ethiopian economy over the year 2004-2014 for descriptive and 1991-2014 for econometrics. Graphs, table and, percent and Autoregressive Distributed Lag (ARDL) Approach to Co-integration and Error Correction Model are applied in order to investigate the long-run effect of tourism receipt on economic growth. Specifically this research assessed the impact of tourism on GDP, employment, foreign exchange earnings, and economic growth. The result shows tourism positive contribution to GDP, employment, foreign exchange earnings and stable relationship between tourism receipt and economic growth. The empirical result reveals that tourism receipt found to have positive impact on economic growth. So the government and citizens should strive to improve tourism industry and to generate more income especially foreign exchange. According to WTO, tourism is a combination of activities travelling to and staying in places outside their usual environment for not more than one year for leisure, business and other activities. It is beyond the common perception of tourism as being limited to holiday activity. The WTO further explains that tourism refers to all activities of visitors including both tourist (overnight visitors) and same day visitors. This definition was adopted by UK government and WTO used it since 2004. Tourism developed many years back when people travel from one place to another place for different purpose. Human beings have been active travelers for the purpose of hunting and gathering, herding animals in small groups that provided them with food, skin for cloth and bones for making different tools.

The Oxford Handbook of the Ethiopian Economy

The Oxford Handbook of the Ethiopian Economy PDF Author: Fantu Cheru
Publisher: Oxford University Press
ISBN: 0192546449
Category : Business & Economics
Languages : en
Pages : 872

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Book Description
From a war-torn and famine-plagued country at the beginning of the 1990s, Ethiopia is today emerging as one of the fastest-growing economies in Africa. Growth in Ethiopia has surpassed that of every other sub-Saharan country over the past decade and is forecast by the International Monetary Fund to exceed 8 percent over the next two years. The government has set its eyes on transforming the country into a middle-income country by 2025, and into a leading manufacturing hub in Africa. The Oxford Handbook of the Ethiopian Economy studies this country's unique model of development, where the state plays a central role, and where a successful industrialization drive has challenged the long-held erroneous assumption that industrial policy will never work in poor African countries. While much of the volume is focused on post-1991 economic development policy and strategy, the analysis is set against the background of the long history of Ethiopia, and more specifically on the Imperial period that ended in 1974, the socialist development experiment of the Derg regime between 1974 and 1991, and the policies and strategies of the current EPRDF government that assumed power in 1991. Including a range of contributions from both academic and professional standpoints, this volume is a key reference work on the economy of Ethiopia.

The Impact of Fiscal Policy Shocks on Ethiopian Economy

The Impact of Fiscal Policy Shocks on Ethiopian Economy PDF Author: Asmare Workneh Alamrew
Publisher: GRIN Verlag
ISBN: 3668856044
Category : Business & Economics
Languages : en
Pages : 77

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Book Description
Master's Thesis from the year 2017 in the subject Economics - Finance, , language: English, abstract: Fiscal policy is one of the macroeconomic policies which play a decisive role on economic growth; especially in developing economies which have many economic and social bottlenecks. This study examines the impacts of fiscal policy shock on Ethiopian economy; through applying static compatible general equilibrium (Stage CGE) model which allows quantifying the impacts of fiscal instrument shock on the economy and welfare of households. Fiscal problems like small tax revenue and consistent fiscal deficit put its own major influences on developing economies performance. The study uses 2009/10 Ethiopian SAM as an input for the model and applies three simulation scenarios. In the first simulation, tariff cut affects GDP and household welfare negatively. In the second simulation increasing direct tax has negative impact on total GDP. The other alternative simulation scenario is reducing direct tax and which give a positive change on the total GDP. In general, the government should reduce direct tax to improve economic performance. In addition, liberalizing tariff is not advisable for Ethiopian economy.

Assessing the total economic value of pastoralism in Ethiopia

Assessing the total economic value of pastoralism in Ethiopia PDF Author: Soboka Gebisa
Publisher: GRIN Verlag
ISBN: 366893536X
Category : Technology & Engineering
Languages : en
Pages : 44

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Book Description
Seminar paper from the year 2015 in the subject Agrarian Studies, Dilla University, course: Agricultural Economics, language: English, abstract: Ethiopian Pastoralists make an immense contribution to the national economy despite living in some of the most inhospitable and drought-prone parts of the country. Fundamental misconceptions about the pastoral production system in Ethiopia have led to a general perception among policy makers that pastoral lands are underused and therefore should be developed. Such misperceptions have subjected pastoral communities to political and economic marginalization. These economic misunderstandings have an important impact on the environmental goods and services that pastoralism provides, since they lead to low and misdirected investment, poor service provision and promotion of less sustainable alternatives to pastoralism. This paper will argue that pastoralism contributes significantly to the GDP of Ethiopian economies. This review on the total economic value of pastoralism has two broad objectives: reviewing the economic significance of pastoralism and the direct and indirect economic contribution of pastoralism to the Ethiopian economy. The future of pastoralism is the subject of national and global discussions. The concerns are receiving attention from the scientific community to generate knowledge and share experiences and best practices that may offer solutions for the survival of pastoralism and the millions of people who depend on it.

Tourism in Africa

Tourism in Africa PDF Author: Iain Christie
Publisher: World Bank Publications
ISBN: 1464801975
Category : Business & Economics
Languages : en
Pages : 325

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Book Description
This book presents how tourism initiates economic development and how constraints to the growth of tourism in Sub-Saharan Africa can be addressed. With 24 case studies that illustrate tourism development, it reveals that despite destination challenges, the basic elements needed to initialize or intensify success are applicable across the region.

Tourism Satellite Account: Recommended Methodological Framework

Tourism Satellite Account: Recommended Methodological Framework PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264193634
Category :
Languages : en
Pages : 148

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Book Description
Presents a recommended methodological framework for a tourism satellite account for national accounts made by a working group having the participation of the Statistical Office of the European Communities, the Organisation for Economic Cooperation and Development and the World Tourism Organisation.

Domestic Constraints on South Korean Foreign Policy

Domestic Constraints on South Korean Foreign Policy PDF Author: Scott A. Snyder
Publisher: Council on Foreign Relations
ISBN: 0876097336
Category : International relations
Languages : en
Pages : 106

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Book Description
These essays support the argument that strong and effective presidential leadership is the most important prerequisite for South Korea to sustain and project its influence abroad. That leadership should be attentive to the need for public consensus and should operate within established legislative mechanisms that ensure public accountability. The underlying structures sustaining South Korea’s foreign policy formation are generally sound; the bigger challenge is to manage domestic politics in ways that promote public confidence about the direction and accountability of presidential leadership in foreign policy.

Making It Big

Making It Big PDF Author: Andrea Ciani
Publisher: World Bank Publications
ISBN: 1464815585
Category : Business & Economics
Languages : en
Pages : 178

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Book Description
Economic and social progress requires a diverse ecosystem of firms that play complementary roles. Making It Big: Why Developing Countries Need More Large Firms constitutes one of the most up-to-date assessments of how large firms are created in low- and middle-income countries and their role in development. It argues that large firms advance a range of development objectives in ways that other firms do not: large firms are more likely to innovate, export, and offer training and are more likely to adopt international standards of quality, among other contributions. Their particularities are closely associated with productivity advantages and translate into improved outcomes not only for their owners but also for their workers and for smaller enterprises in their value chains. The challenge for economic development, however, is that production does not reach economic scale in low- and middle-income countries. Why are large firms scarcer in developing countries? Drawing on a rare set of data from public and private sources, as well as proprietary data from the International Finance Corporation and case studies, this book shows that large firms are often born large—or with the attributes of largeness. In other words, what is distinct about them is often in place from day one of their operations. To fill the “missing top†? of the firm-size distribution with additional large firms, governments should support the creation of such firms by opening markets to greater competition. In low-income countries, this objective can be achieved through simple policy reorientation, such as breaking oligopolies, removing unnecessary restrictions to international trade and investment, and establishing strong rules to prevent the abuse of market power. Governments should also strive to ensure that private actors have the skills, technology, intelligence, infrastructure, and finance they need to create large ventures. Additionally, they should actively work to spread the benefits from production at scale across the largest possible number of market participants. This book seeks to bring frontier thinking and evidence on the role and origins of large firms to a wide range of readers, including academics, development practitioners and policy makers.

Shock Waves

Shock Waves PDF Author: Stephane Hallegatte
Publisher: World Bank Publications
ISBN: 1464806748
Category : Business & Economics
Languages : en
Pages : 227

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Book Description
Ending poverty and stabilizing climate change will be two unprecedented global achievements and two major steps toward sustainable development. But the two objectives cannot be considered in isolation: they need to be jointly tackled through an integrated strategy. This report brings together those two objectives and explores how they can more easily be achieved if considered together. It examines the potential impact of climate change and climate policies on poverty reduction. It also provides guidance on how to create a “win-win†? situation so that climate change policies contribute to poverty reduction and poverty-reduction policies contribute to climate change mitigation and resilience building. The key finding of the report is that climate change represents a significant obstacle to the sustained eradication of poverty, but future impacts on poverty are determined by policy choices: rapid, inclusive, and climate-informed development can prevent most short-term impacts whereas immediate pro-poor, emissions-reduction policies can drastically limit long-term ones.

The Oxford Handbook of the Ethiopian Economy

The Oxford Handbook of the Ethiopian Economy PDF Author: Fantu Cheru
Publisher: Oxford University Press
ISBN: 0192546457
Category : Business & Economics
Languages : en
Pages : 872

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Book Description
From a war-torn and famine-plagued country at the beginning of the 1990s, Ethiopia is today emerging as one of the fastest-growing economies in Africa. Growth in Ethiopia has surpassed that of every other sub-Saharan country over the past decade and is forecast by the International Monetary Fund to exceed 8 percent over the next two years. The government has set its eyes on transforming the country into a middle-income country by 2025, and into a leading manufacturing hub in Africa. The Oxford Handbook of the Ethiopian Economy studies this country's unique model of development, where the state plays a central role, and where a successful industrialization drive has challenged the long-held erroneous assumption that industrial policy will never work in poor African countries. While much of the volume is focused on post-1991 economic development policy and strategy, the analysis is set against the background of the long history of Ethiopia, and more specifically on the Imperial period that ended in 1974, the socialist development experiment of the Derg regime between 1974 and 1991, and the policies and strategies of the current EPRDF government that assumed power in 1991. Including a range of contributions from both academic and professional standpoints, this volume is a key reference work on the economy of Ethiopia.