Browsing by Author "Assefa, Yohannes (PhD)"

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    The Impact of the WTO Agreement on Agriculture on Food Security of Acceding Countries: The Case of Ethiopia
    (Addis Ababa University, 2011-11) Gedefa, Worku; Assefa, Yohannes (PhD)
    Ethiopia, as are most LDCs, had a spasmodic food security problem with in the general spectrum of other socia economic challenges. The country is among the most severely food insecure countries of the world characterized by high reliance onfood imports and international food aid. It is such a high reliance on international food imports that triggered this study of influence of the WTO Agreement on Agriculture onfood security situation of the country. To that ( end, the study used the relevant polices and laws of Ethiopia and the pertinent WTO agreements as a primary source. The copious literatures on the area of the WTO Agreement on Agriculture and its bearing on Food Security have been used as secondmy sources. The most important findings of the study include: a) the subsidies commitments to be undertaken under the WTO Agreement on Agriculture provide a sufficient policy space to continue the existing support programmes which are part of the food security strategy of the countly. Thus, the Subsidies, domestic or export, provisions of the WTO AoA does not hinder a soundfood security policy; b) L opening of borders by lowering tariffs, which seems likely, may represent a threat to domestic food production unless higher bound rates are negotiated.
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    The Impact of the WTO Agreement on Agriculture on Food Security of Acceding Countries: The Case of Ethiopia
    (Addis Ababa University, 2011-11) Gedefa, Worku; Assefa, Yohannes (PhD)
    Ethiopia, as are most LDes, had a spasmodic food security problem with in the general spectrum of other socia economic challenges. The country is among the most severely food insecure countries of the world characterized by high reliance onfood imports and international food aid. It is such a high reliance on international food imports that triggered this study of influence of the WTO Agreement on Agriculture onfood security situation of the country. To that end, the study used the relevant polices and laws of Ethiopia and the pertinent WTO agreements as a primary source. The copious literatures on the area of the WTO Agreement on Agriculture and its bearing on Food Security have been used as secondary sources. The most important findings of the study include: a) the subsidies commitments to be undertaken under the WTO Agreement on Agriculture provide a sufficient policy space to continue the existing support programmes which are part of the food security strategy of the country. Thus, the Subsidies, domestic or export, provisions of the WTO AoA does not hinder a sound food security policy; b) opening of borders by lowering tariffs, which seems likely, may represent a threat to domestic food production unless higher bound rates are negotiated.
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    The Impact of the WTO Agreement on Agriculture on Food Security of Acceeding Countries: The Case of Ethiopia
    (Addis Ababa University, 2011-11) Gedefa, Worku; Assefa, Yohannes (PhD)
    Ethiopia, as are most LDes, had a spasmodic food securily problem with in the general spectrum of other socio economic challenges. The counlry is among the most severely food insecure countries of the world characlerized by high reliance onfood imporls and international food aid. It is such a high reliance on inlernalional food imports thai triggered Ihis sludy of influence of the WTO Agreement on Agricullure on food security situation of the country. To that end, the study used the relevant polices and laws of Ethiopia and the pertinent WTO agreements as a primary source. The copious literatures on Ihe area of the WTO Agreement on Agriculture and ils bearing on Food Security have been used as secondary sources. The most important findings of the study include: aJ Ihe subsidies commilmenlS to be undertaken under the WTO Agreement on Agriculture provide a sufficient policy space to continue the existing suppor! programmes which are part of the food security strategy of the country. Thus, the Subsidies. domestic or export, provisions of the WTO AoA does not hinder a sound food security policy; b) opening of borders by lowering tariffs, which seems likely, may represenl a threat to domestic food production unless higher bound rates are negotiated.
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    Introducing Regulated Stock Markets In Ethiopia: Relevance to the Banking Sector Development And Role in Investors' Protection
    (Addis Ababa University, 2011-11) Mulu, Kahsay; Assefa, Yohannes (PhD)
    The banking sector is the dominant source of finance for businesses in Ethiopia. A key characteristic of the Ethiopian banking sector is that the stock of bank credit to the private sector (including nonfinancial public enterprises) remains very low, when compared with the situation in other developing countries. High degree of inefficiency characterizes the banking sector making it difficult for business to get the necessary finance or to start up or expand. The rate of company formation through initial public offer of shares and the separation between ownership and control in Ethiopian share companies is growing. The emerging corporate ownership structure is also a dispersed one. The main focus of this paper is, therefore, discussing the relevance of introducing stock market in light of the existing banking sector development in the country. Most importantly, the thesis discus the role of introducing regulated stock markets in protecting investors in light of the growing dispersed company ownership structure and tIw existing institutional, regulatory, and ,legal framework in the primary offering market. In addition, the study discusses the factors that 'are identified as preconditions and determinants for stock market development along with review and analysis of the objective reality prevailing in Ethiopia with regard to these factors.