Ethiopian Business Review

I find the tradition of ad hoc reasoning and top-down approach of promoting industrial development in Ethiopia to be like an airplane without wings: it moves like a car but doesn’t fly. Almost 35 years ago, the late Eshetu Chole (Professor) characterized the industrialization effort in Ethiopia at a time as “Running to stay in the same place”. Four decades down the line, industrialization in the country remains as slow as it was then.
Industrial policy is defined as “any type of selective intervention or government policy that attempts to alter the structure of production toward sectors that are expected to offer better prospects for economic growth”. There are different reasons for the use of industrial policy: to address market failure (European countries), to protect infant industries (post-independent African countries), import substitution (Latin American countries), export promotion (Korea and Japan), and public-sector driven economy of a central planning (socialist countries).

Wednesday, 15 May 2019 03:00
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If one asks what all people of the world want and pursue in their life, there is only one answer. It is success. Enstien once said, “Character is more important than success”. However, this seems to be a bit of a misconception. Yes, character is very important for an individual. A person may earn respect, they may feel happy and content, or be confident and self aware. But all these virtues must mean one thing. They must mean success. Otherwise, it would mean they earned nothing.

Wednesday, 15 May 2019 00:00
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An effectively functioning city responsibly carries out its day-to-day activities. Well planned infrastructures provided to accommodate these daily activities, such as movement, and socialization. Addis Ababa is not able to efficiently satisfy the urban status-quo because of the lack of these infrastructures such as hygiene and proper waste management systems, among others.  

Addis’ mega-city structures have failed to consider comprehensive planning for functional infrastructures including designing a properly working waste management system for its solid and liquid wastes. An insubstantial handling mechanism for wastes indicates the population’s detachment from the fruits of civilization.

Wednesday, 15 May 2019 00:00
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