This book is a collection of studies on economic development and growth in selected African countries. It consists of an introduction/summary and 15 inter-related empirical studies grouped into 5 research areas: womens empowerment and demand for healthcare; the impact of institutions, aid, inflation and FDI on economic growth; capital structure and bank-loan growth effects; trade, mineral exports and exchange rate; and growth, productivity and efficiency in various industries. While it provides a comprehensive picture of the state of economic development and growth in most parts of the continent, the main focus is on economic development and growth in Ethiopia and Rwanda two countries undergoing rapid economic and social development.
Chapter 1.An Introduction to the Studies on Economic Development and
Growth in selected African Countries.- Part A. Womens empowerment and demand
for healthcare.- Chapter 2:Measuring Womens Empowerment in Rwanda.- Chapter
3:Role of Insurance in Demand for Healthcare in Rwanda.- Part B. Impact of
institutions, aid, inflation and FDI on economic growth.- Chapter 4: Economic
Growth and the Impact of Institutions.- Chapter 5: Fiscal Effects of Aid in
Rwanda.- Chapter 6:Exploring the Relationship between Inflation and Real
Economic Growth in Rwanda.- Chapter 7: Addis YIMER, Macroeconomic, Political
and Institutional Determinants of FDI Inflows to Ethiopia.- Part C. Capital
structure and bank loan growth effects.- Chapter 8: Yitbarek TAKELE and
Daniel BESHIR, Firm-specific Determinants of Insurance Companies Capital
Structures in Ethiopia.- Chapter 9: Atnafu GEBREMESKEL, Income Distribution
andEconomic Growth.- Part D. Trade, mineral exports and exchange
rate.- Chapter 10: Johannes O. BOCKMANN, SME Trade with sub-Saharan
Africa.- Chapter 11: Emmanuel MUSHIMIYIMANA, An Assessment of the
Contribution of Mineral Exports to Rwandas Total Exports.- Chapter 12:
Fentahun BAYLIE, Testing the External Balassa Hypothesis for Low and Middle
Income Countries.- Part E. Growth, productivity and efficiency in various
industries.- Chapter 13: Hassen AZIME, Gollagari RAMAKRISHNA and Melesse
ASFAW, Agricultural Tax Responsiveness and Economic Growth in
Ethiopia.- Chapter 14: Olaide R. AKANDE and Hephzibah O. OBEKPA, Improving
Agricultural Productivity in sub-Saharan Africa.- Chapter 15: Eric UWITONZE
and Almas HESHMATI, Service Sector Development and its Determinants in
Rwanda.- Chapter
16. Masoomeh RASHIDGHALAM, Labor-use Efficiency in
Kenyan Manufacturing and Service Industries.
Almas Heshmati is Professor of Economics at Jönköping University and Sogang University. He held similar positions at the Korea University, Seoul National University, University of Kurdistan Hawler, Korea University and Seoul National University. He was Research Fellow at the World Institute for Development Economics Research (WIDER), the United Nations University during 2001-04. From 1998 till 2001, he was an Associate Professor of Economics at the Stockholm School of Economics. He has a PhD from the University of Gothenburg (1994), where he held a Senior Researchers position until 1998. His research interests include applied microeconomics, globalization, energy, environment, development strategy, efficiency, productivity and growth with application to manufacturing and services. In addition to more than 150 articles in scientific journals he has published books on the EU Lisbon Process, Global Inequality,East Asian Manufacturing, the Chinese Economy, Technology Transfer, Information Technology, Water Resources, Landmines, Power Generation, Renewable Energy, Development Economics, World Values,Poverty, Economic Growth and International Airlines.
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