TY - JOUR
T1 - Contextualizing narratives of economic growth and navigating problematic data
T2 - Economic trends in Ethiopia (1999–2017)
AU - Cochrane, Logan
AU - Bekele, Yeshtila W.
N1 - Publisher Copyright:
© 2018 by the authors.
PY - 2018/12/3
Y1 - 2018/12/3
N2 - There are common narratives about economic growth in Ethiopia. We analyze four common narratives, namely, that (1) the economy is transforming from agriculture to industry, (2) that national economic growth has been rapid and sustained, (3) that Ethiopia’s economy is largely agricultural, and (4) that there is a looming debt crisis, largely due to lending from China. In many instances, the justification for these narratives is based upon single years or specific data points. We examine these narratives over the long term, to assess if they are supported by available macroeconomic data. In doing so, we encountered significant issues with data quality and consistency. This article presents the available datasets from 1999 to 2017 and concludes that the commonly made claims about the Ethiopian economy are sometimes accurate, sometimes incomplete, and other times inaccurate. We call for greater attention to primary data, and primary datasets, as opposed to relying upon secondary summaries, single years, or specific data points to make generalized claims.
AB - There are common narratives about economic growth in Ethiopia. We analyze four common narratives, namely, that (1) the economy is transforming from agriculture to industry, (2) that national economic growth has been rapid and sustained, (3) that Ethiopia’s economy is largely agricultural, and (4) that there is a looming debt crisis, largely due to lending from China. In many instances, the justification for these narratives is based upon single years or specific data points. We examine these narratives over the long term, to assess if they are supported by available macroeconomic data. In doing so, we encountered significant issues with data quality and consistency. This article presents the available datasets from 1999 to 2017 and concludes that the commonly made claims about the Ethiopian economy are sometimes accurate, sometimes incomplete, and other times inaccurate. We call for greater attention to primary data, and primary datasets, as opposed to relying upon secondary summaries, single years, or specific data points to make generalized claims.
KW - Debt
KW - Economy
KW - Ethiopia
KW - Export
KW - Growth
KW - Import
KW - Trade
UR - https://www.scopus.com/pages/publications/85063394362
U2 - 10.3390/economies6040064
DO - 10.3390/economies6040064
M3 - Article
AN - SCOPUS:85063394362
SN - 2227-7099
VL - 6
JO - Economies
JF - Economies
IS - 4
M1 - 64
ER -