Tag Archives: Macroeconomics

Ethiopia’s Macroeconomic Imbalances Evolving into Critical Crises

ill-planned and mismanaged economy led to the current macroeconomic imbalances in Ethiopia
PM Abiy’s gov’t have come up with a three-year economic reform plan to deal with, among many, the exiting acute shortages of hard currency, to amend the ill-fated foreign trade sector, and reducing the growing unemployment rate.

BY BIRHANU FIKADE | THE REPORTER

The coming of Prime Minister Abiy Ahmed to power has been marred with critical political, economic and social pitfalls. His measures in relaxing the stifling leadership style of the ruling Ethiopian Peoples’ Revolutionary Democratic Front (EPRDF) likewise stimulated many to come out and speak. Continue reading Ethiopia’s Macroeconomic Imbalances Evolving into Critical Crises

Eritrea’s Development Policy, Achievements of the Last 25 Years, Challenges and Prospects (II)

A brief review of development programs and results in the last 25 years: Infrastructure, health, life expectancy, HIV prevalence, youth literacy, Education, etc…

PART 2: Reconstruction, Temporary Derailment, Renewed Commitment and Progress

By Prof. Abraham Kidane,

In Part 1, Eritrea’s policy foundations and evolution of policy formulation were summarized. In the following part, progress toward sustainable development is presented.

1993-1998: Peacetime Growth with Macroeconomic Stability

Immediately following independence in 1993, the formidable tasks of reconstruction, rehabilitation and the building of foundations for sustainable socio-economic development commenced in earnest. Among the most important were the establishment of public institutions and civil service, the creation of a legal and administrative environment that is conducive to sustainable development, and building capacity in a down-sized and lean public sector. Continue reading Eritrea’s Development Policy, Achievements of the Last 25 Years, Challenges and Prospects (II)