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Globalization and Marginalization in Africa: Poverty, Risk, and Vulnerability in Rural Ethiopia

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  • Stefan Dercon

Abstract

Increased openness is seen by some as a panacea for development while for others it is a recipe for disaster for the poor. Using the example of Ethiopia, this paper discusses some of the key challenges faced by some of the poorest African countries in beneficially engaging in the world economy. Worldwide income growth has largely bypassed many African countries, and substantial parts of their populations risk increasing marginalization.

Suggested Citation

  • Stefan Dercon, 2007. "Globalization and Marginalization in Africa: Poverty, Risk, and Vulnerability in Rural Ethiopia," WIDER Working Paper Series RP2007-73, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:rp2007-73
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    References listed on IDEAS

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    1. Dollar, David & Kraay, Aart, 2002. "Growth Is Good for the Poor," Journal of Economic Growth, Springer, vol. 7(3), pages 195-225, September.
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