Public Finance and Economic Growth in Developing Countries

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Public finance is crucial to a country¿s economic growth, yet successful reform of public finances has been rare. Ethiopia is an example of a country that undertook comprehensive reform of its core financial systems, independent of the IMF and the World Bank, and successfully transformed itself into one of the fastest-growing economies in Africa. With Ethiopia as its guiding case study, this book presents new analytical frameworks to help governments develop better financial reforms.