Abstract

http://ssrn.com/abstract=1290414
 
 

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War-Torn Eritrean Economy - Some Issues and Trends


Prof. Ravinder Rena


University of the Western Cape; Polytechnic of Namibia; Papua New Guinea University of Technology

March 2007

Man and Development, Vol. 29, No.1, pp.171-181, March 2007

Abstract:     
The three decades of armed struggle, the subsequent drought, and deliberate policies of neglect and mismanagement by the last two regimes in Eritrea made growth of the Eritrean economy practically impossible. After independence, the country achieved a steady growth for some years. However, due to the border conflict with Ethiopia, the economy was characterised by severe macroeconomic imbalances and unusually high level of public expenditure. Poverty and inflation also increased many folds. Both domestic and external public debts reached unsustainable levels. Thus, an attempt is made in this paper to delve into some important trends of the Eritrean economy before and after 1998. The paper highlights some of the key economic issues like education, health, infrastructure, unemployment, poverty etc., and provides some concluding remarks.

Number of Pages in PDF File: 10

Keywords: War Torn Eritrean Economy, Economic growth, Human Development, Economic Integration

JEL Classification: E2; E6; E24

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Date posted: October 31, 2008 ; Last revised: December 30, 2008

Suggested Citation

Rena, Prof. Ravinder, War-Torn Eritrean Economy - Some Issues and Trends (March 2007). Man and Development, Vol. 29, No.1, pp.171-181, March 2007. Available at SSRN: http://ssrn.com/abstract=1290414

Contact Information

Ravinder Rena (Contact Author)
University of the Western Cape ( email )
Private Bag X 17
Economics, Faculty of Economic and Management Scie
Bellville, Western Cape 7535
South Africa
0027219593624 (Phone)
0027219593201 (Fax)
HOME PAGE: http://www.uwc.ac.za
Polytechnic of Namibia ( email )
13 Storch Street
Private Bag 13388
Windhoek, Khomas 13388
Namibia
HOME PAGE: http://www.polytechnic.edu.na
Papua New Guinea University of Technology ( email )
Private Mail Bag 411
Lae, Morobe 411
Papua New Guinea
HOME PAGE: http://www.unitech.ac.pg
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