Ethiopia Moves Away from Marxist Economics

 The Washington Post published on 18 March 2026 an editorial titled "Ethiopia Starts to Bury Its Marxist Past."

The editorial comments favorably on floating Ethiopia's currency in mid-2024, allowing foreign banks to operate in the country for the first time, launching the first stock exchange of the modern era, and, especially, an ambitious privatization effort.  

While it also notes some serious challenges facing Ethiopia, it concludes that opening the economy can help make everything else easier for a country that has failed to live up to its potential for too long.  

Ethiopia Needs To Look Beyond Its Past

Ethiopia Insight posted on 25 February 2019 a commentary titled "Easing Ethiopia's Ancestral Burden" by Mohammed Girma, author of a book on Ethiopia.

The author argues that Ethiopian understanding of its past, its approach to the future and its conceptions of what is wrong and what is right is conditioned by its culture, which defines boundaries of relationships and dictates the formulation of Ethiopian social order. Prime Minister Abiy Ahmed is confronted with both a political crisis and the challenge of a culture that looks to the past.