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Financing Urban Infrastructure in Ethiopia

Abstract: 

If towns and cities are to serve as, and indeed are, growth engines of nations, they must have and be equipped with the necessary infrastructure. They, in emerging economies, have been growing fast, most often, outstripping the level of economic growth. This is, particularly, so owing to, among others, rapid and yet inevitable urbanization a fact that raises demand for services and, thus, poses supply shortfalls. Given this phenomenon, this article argued within the urban context, approaches and strategies which make infrastructure provision adequate and sustainable. It, further, expounded available conventional approaches and innovative options that could be tapped to finance infrastructure in urban Ethiopia in general and Addis Ababa in particular. Using secondary data of various institutions and organizations the study unearthed that urban infrastructure finances in Ethiopia and Addis Ababa were, practically, traditional where the public, foreign loan, and aid took almost all shares. The study, therefore, underscores the need to focus on innovative approaches through: active private involvement, integrated public-private partnerships, attracting foreign direct investments to provide efficient and sustainable urban infrastructure

Corporate Author: 
Getnet Alemu (Editor) & Ethiopian Economic Association/Ethiopian Economic Policy Research Institute
Publisher: 
Ethiopian Economic Association (EEA)
ISBN/ISSN: 
978-99944-54-10-5
Primary Descriptors: 

Infrastructure

Secondary Descriptor: 

Finance

Geographic Descriptors: 
Ethiopia, Urban
Cataloge Date: 
02/27/2013
Broad Subject heading: 
Industry And Finance
Call Number: 
330.963 PRO 2009
Serial Key Title: 
Proceedings of the Sixth International Conference on the Ethiopian Economy
Publication catagory: 
Content type: 
Volume: 
I
Publication date: 
2013-05-27 23:09:00
Forum or Discussion date: 
2013-02-27 15:02:18
Place of publication: 
Addis Ababa, Ethiopia
Type of material: 
Book
Current frequency: 
Annualy