By Daniel Teferra (PhD)* Ethiopia is not a land of famines despite the publicity and sentiment surrounding the famines of the 1970s and 1980s. Ethiopia is potentially rich. Transforming just one of the fertile provinces through modern farming can feed the entire nation. It is ironic that wheat tops the list of imported food stuff...
June 2, 2014
By Daniel Teferra (PhD)* Geographically, the Horn of Africa today consists of Djibouti, Eritrea, Ethiopia and Somalia. In 1936, Italian colonialists captured Ethiopia and combined it with their existing colonies of Eritrea and Italian Somaliland to form their Italian East Africa. Realizing the enormous economic potential of this region, the Italians allocated 133 million British...
May 23, 2014
By Daniel Teferra (PhD)* From Julius Nyerere’s Ujamaa to Meles Zenawi’s developmental state, the model of economic development in Africa has not changed much. It is still an anti-market, socialist paradigm. Its main argument is that the task of economic development should be handled by the state rather than the free market. The intellectual origin...