EthioPoint: Latest Ethiopian News & Point of View | ZeHabesha.com 24/7

Aklog Birara, PhD December 09. 2020 Abstract   Sub-Saharan Africa is full of promise. It has immense untapped natural resources and a growing human capital base, mostly young. Its immense potential is constrained by poor governance, rent seeking, and massive illicit outflow of capital, tribal conflicts, and terrorism. Ethiopia represents Africa’s promise and pitfalls.  Recent events in Oromia show that the country is poorly governed. I do not dispute growth in social and physical infrastructure fueled largely by foreign aid, Foreign Direct Investment, and remittances. Aid contributes 50 to 60 percent of government budget. Social development indices show that Ethiopia…Let's block ads! (Why?)

EthioPoint: Latest Ethiopian News & Point of View | ZeHabesha.com 24/7

Aklog Birara, PhD December 09. 2020 Abstract   Sub-Saharan Africa is full of promise. It has immense untapped natural resources and a growing human capital base, mostly young. Its immense potential is constrained by poor governance, rent seeking, and massive illicit outflow of capital, tribal conflicts, and terrorism. Ethiopia represents Africa’s promise and pitfalls.  Recent events in Oromia show that the country is poorly governed. I do not dispute growth in social and physical infrastructure fueled largely by foreign aid, Foreign Direct Investment, and remittances. Aid contributes 50 to 60 percent of government budget. Social development indices show that Ethiopia…

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