288 Determinants of growth since 1991 include notable economic policy changes undertaken by the current government. Some of these were domestic currency devaluation, price control removal, trade liberalisation, privatisation of public enterprises, and opening up the economy to foreign investment. Focusing on the poverty agenda, in 1992 government adopted the Agricultural Development Led Industrialisation (ADLI) strategy which provided the basis for subsequent policies and national poverty reduction strategies. The ADLI aimed, inter alia, at: i) transforming the Ethiopian economy into a fully market-based economy; ii) promoting labour-intensive agricultural growth; and iii) devolution of power from the capital to the states. 289 In recent years, economic growth has been driven by the significant performance of the services and industrial sectors, although agriculture continues to remain the mainstay and driver of the economy (Figure 2). With a share of about 58 percent of GDP in 1997, agriculture’s contribution to GDP declined to 46 percent in 2007. The contribution of services grew from 32 percent in 1997 to over 40 percent in 2007. Similarly, the share of the industrial sector grew from about 11 percent in 1997 to over 13 percent in 2007. These are signs that government economic diversification efforts are yielding positive results. - 127 -

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