Monday, April 20, 2015

Ethiopia's Economic Miracle Is Running Out of Steam

Foreign Policy published on 16 April 2015 an article titled "Ethiopia's Economic Miracle Is Running Out of Steam" by Robert Looney.  The author concludes that economic growth can only be sustained if the government allows and encourages a transition to a more dynamic model driven by the private sector. 

1 comment:

  1. Ambassador, did you think this piece had any merit or that the author had the first clue about Ethiopia? It struck me as overly-ideological and politically-naive. Even if Looney's reading of the economy is correct (& that's a big if considering the paucity of accurate data), who is to say that slower growth financed by other sources will be a bad thing?