Economy

AP Economy Once home to one of Africa’s fastest-growing economies, Ethiopia is struggling as the war in its Tigray region has reignited and weary citizens far from the front are pleading for peace. Ethiopians are experiencing the highest inflation in a decade, foreign exchange restrictions and mounting debt amid reports of massive government spending on …

As the Economy Struggles TPLF renewed its terror war against the Ethiopian people Read More »

BY PHILIP PILKINGTON This week it was announced that Iran and Argentina had applied to join the BRICS.  The BRICS — which until recently has been made up of Brazil, Russia, India, China, and South Africa — is a forum that allows countries outside of Western developed economies to forge alliances on economic issues. As it …

A new global reserve currency will undermine US dollar supremacy Read More »

Tsegaye Tegenu, PhD 2022-08-24 On August 3, 2022, The Ethiopian Government held its annual meeting to review the macroeconomic performance of the country. The session led by the Prime Minster assessed the country’s economic journey and performance in terms of GDP growth and other macro-economic variables such as inflation, employment creation, export and investment promotion. …

Is the Economy of Ethiopia Progressing? Open Letter to the Prime Minster and Government Read More »

By Habtamu Share companies are one form of business organization that often issue shares to raise capital for operational and strategic reasons. In other countries, shares of public companies are traded on regulated stock exchanges. In the stock exchange process, investors can place orders to buy and sell shares. Shares can be a valuable part …

Why Share Companies Fail in Ethiopia Read More »

By Mamo Mihretu, a senior policy advisor to Ethiopian Prime Minister Abiy Ahmed and Ethiopia’s chief trade negotiator. OCTOBER 13, 2021 U.S. President Joe Biden recently threatened to impose sanctions on Ethiopia due to the conflict in Tigray. If Washington follows through and removes preferential trade arrangements under the African Growth and Opportunity Act (AGOA), Ethiopia’s …

Don’t Remove Ethiopia’s AGOA Trade Privileges Read More »

Tsegaye Tegenu, PhD September 14, 2021 To be economically prosperous, Ethiopia needs a formal vision-strategy document that reflects the consensus of the people. The dominant sectoral approach and policy thinking did not bring about the desired development effects and achieve the goals of economic growth and transformation. The lesson is that policy thinking of sectoral …

Ethiopia’s Economic Prosperity Vision-Strategy: Challenges of Old and New Recommendations Read More »

Tsegaye Tegenu, Ph.D. Senior Lecturer, Department of Social and Economic Geography, Uppsala University Researcher, Department of Human Geography, Stockholm University Researcher, Institute for Futures Studies, Stockholm Evaluation Specialist, Performance Monitoring and Evaluation Consulting Firm (PMECF) July 31, 2021 Points of departure Ethiopian economy has been at the same level of growth and productivity for the …

Ethiopia’s Economy Needs Strategies and New Policy Design Read More »