Browsing by Author "Atlaw Alemu"

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    Industrialization of Economies with Low Manufacturing Base
    (Addis Ababa University, 2016-05) Atlaw Alemu; Borje Johansson
    The basic theme of the dissertation is placing structure of economies as an intermediate explanatory factor for attainment of sustained growth of low-income economies that are in transition from stagnant agricultural economy to modern economic growth. The dissertation sets out with conceptualization of a model applicable to structures of low income and under industrialized economies, and hypothesizes on the long term outcomes of these structures. Sustained growth is the result of a particular structure in which manufacturing growth drives economic growth. A structure where transaction services have expanded beyond certain levels stunts manufacturing. Empirical investigations were carried out to test the hypotheses on 35 countries that were low-income economies in 1970.The results provide support for centrality of manufacturing and for the retarding effect of non-optimal growth of transaction services on manufacturing growth.
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    The Effect of Financial Liberalization on Economic Development in Ethiopia
    (A.A.U, 2023-07-21) Markos Taye; Atlaw Alemu
    The financial system is necessary for economic expansion. The financial system facilitates lending and borrowing of money, which fosters economic progress. The goal of the study is toevaluate the effects of the different financial liberalization initiatives using co-integration and causality tests on Ethiopia's financial and economic progress over the period of 1992-2022. In doing so, the ARDL approach to Co-integration and Error Correction Model were employed to investigate the long run and short run relationships.Accordingly results of this study suggest that commercial banks' real-time total deposits have a considerable influence on the loans they offer. On the other hand, the provision of credit by banks has a very positive effect on the expansion of the country's industrial development. The real loan rate has a significant influence in determining the contribution of the industrial sector to real GDP. The study also found that the credit deposit ratio of banks significantly influenced the growth of the industrial sector. The composite financial liberalization index is positively correlated with bank credit extensions, real GDP, and industrial development. The study's findings also indicate that the poorest segment of the population is not being helped by an increase of bank branches through the provision of financial resources