College of William and Mary
Department of Economics
P. O. Box 8795
Williamsburg, VA 23187-8795

Morton 137A or Reves Center for International Studies
Phone: (757) 221- 2379  or (757) 221-3047
E-mail: bxabeg@wm.edu
Fax: (757) 221-1175 

Professor of Economics

B.A., Princeton University;
M.A. and Ph.D., University of Pennsylvania 

Profile

Berhanu Abegaz received his A.B. from Princeton University in 1977 and his Ph.D. from the University of Pennsylvania in 1982. His teaching interests encompass macroeconomic theory, regional economic integration, comparative economics, and development economics. His research interests are wide-ranging including structural convergence in manufacturing industries between leaders and latecomers, the role of diversified business groups in emerging economies, the challenges facing African industrialization, and poverty traps in Ethiopia’s agrarian system. He was recently a Senior Fulbright Scholar in Vietnam .

Courses Taught

• Econ 304   Intermediate Macroeconomics 
• Econ 382   Comparative Economics
• Econ 383   Development Economics
• Econ 474   Regional Economic Integration
• Econ 484   Economics of Growth
• Econ 485   Macroeconomics of Development
• Pubp 651   Economic Development Policy

Current Research

• Structural convergence in manufacturing industries across countries. 
• Agrarian reform in Ethiopia. 
• Diversified business groups in emerging economies. 
• Industrial development in Sub-Saharan Africa. 
• Aid, adjustment and growth.  
• Economic reform in post-socialist economies

Selected Publications

(A) Academic Journals

"The Case for Deeper Economic Reform in Post-election Ethiopia," International Journal of Ethiopian Studies, Fall 2006, pp. 33-54.

"Multilateral Development Aid for Africa," Economic Systems, 29 (4), 2005, pp. 433-454.

"Persistent Stasis in a Tributary Mode of Production: The Peasant Economy of Ethiopia," Journal of Agrarian Studies, 5(3), 2005, pp. 299-333.

“The Diversified Business Group as an Innovative Organizational Model for Large State-Enterprise Reform in China and Vietnam,” International Journal of Entrepreneurship and Innovation Management, 5(6), 2005, pp. 379-400.

"Escaping Ethiopia's Poverty Trap: The Case for a Second Agrarian Reform," Journal of Modern African Studies, 42 (3), 2004, pp. 313-42.

"Structural Convergence in Manufacturing between Leaders and Followers," Journal of Development Studies, 38 (4), 2002, pp. 69-99. 

(B) Books

Manpower Development Planning: Theory and an African Case Study (Aldershot: Avebury Press for the University of Warwick, 1994).

(C) Book Chapters

"The Economic Implications of Enterprise Financial Autonomy in China," in J. Child and M. Lockett eds., Reform Policy and the Chinese Enterprise, JAI Press, 1990 (with C. Haulman), pp. 37-62. 

"Aid and Reform in Ethiopia," in S. Devarajan, et al., Aid and Reform in Africa (World Bank, 2001), pp. 167-226.

(D) Edited Volumes 

Essays on Ethiopian Economic Development (Aldershot, UK and Brookfield, VT:  Aveburry Press, 1994).

The Challenge of European Integration: Internal and External Problems of Trade and Money (Boulder: Westview Press, 1994). With Patricia Dillon, David Feldman and Paul Whiteley.

New Working Papers

1. "The Speed of Structural Convergence between the Manufacturing Industries of Developed and Developing Countries" 2005.
   
   
2. "The Elusive Productivity Effect of Trade Liberalization in the Manufacturing Industries of Emerging Economies" (with Arnab Basu), 2005.
   
   
3. "The Case for Deeper Economic Reform in Post-election Ethiopia," 2005.
   
   
4. "Ethiopia: A Model Nation of Minorities," 2005.

5. "The Case for a New Development Compact between the World Bank and the Ethiopian Poor," January 2006.