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Banking Sector Reform In Ethiopia, Admassu Bezabeh, Asayehgn Desta
Banking Sector Reform In Ethiopia, Admassu Bezabeh, Asayehgn Desta
Asayehgn Desta
The fragile and inefficient state-dominated banking sector that existed in Ethiopia during the military government (1974-1991) was a major hindrance to economic growth. Since it took power in 1991, the current government has implemented a number of reforms. For instance, in 1994, the government legalized domestic private investment in the banking industry. In addition, it restructured the two development banks as commercial banks, and introduced a new Banking and Monetary Proclamation that gave more autonomy and further clarified the National Bank of Ethiopia’s activities as the regulator and supervisor of the banking sector. Although these measures have led to marginal …
Sovereignty And Democracy In Ethiopia: A Reflection On Gebru Asrat's Book, Asayehgn Desta
Sovereignty And Democracy In Ethiopia: A Reflection On Gebru Asrat's Book, Asayehgn Desta
Asayehgn Desta
Over the past forty years, we have been hearing and reading a lot about the Tigrai People’s Liberation Front (TPLF) which dismantled the inhuman and atrocious Military dictatorship that ruled Ethiopia from 1974 to 1991. It was not only highly skilled in military operations but was visionary. The impression that was widely circulated was that when the TPLF came to power it would protect Ethiopia’s sovereignty, adhere to the rules of law and ensure that equity and social justice would prevail , and above all democracy would be the norm of Ethiopian society. Contrary to these assertions, Gebru Asrat (hereafter …
A Once Promising But Now Wounded Nation: A Review Of Dr. Bereket Habte Selassie's Book On Eritrea, Asayehgn Desta
A Once Promising But Now Wounded Nation: A Review Of Dr. Bereket Habte Selassie's Book On Eritrea, Asayehgn Desta
Asayehgn Desta
No abstract provided.
Tackling Poverty By Ethiopians Or Globalization Wave: A Book Review, Asayehgn Desta
Tackling Poverty By Ethiopians Or Globalization Wave: A Book Review, Asayehgn Desta
Asayehgn Desta
No abstract provided.
The Continuing Saga Of Globalism: Comparing Ethiopia’S Developmental State Strategies To Those Of Malaysia, Asayehgn Desta
The Continuing Saga Of Globalism: Comparing Ethiopia’S Developmental State Strategies To Those Of Malaysia, Asayehgn Desta
Asayehgn Desta
Using the conceptual framework of a developmental state, forwarded by the Economic Commission for Africa, it was found that Ethiopia’s democratic developmental state is unique and operates differently from the Malaysian developmental state model. Economically, Ethiopia has recorded staggering economic growth since it adopted the developmental state. The Malaysian developmental state was developed to be market-oriented and as a result Malaysia’s GDP grew at 5.23 percent from 2005-2011. Malaysia’s incidence of poverty declined from 49% in 1970 to less than 5% in 2000. Ethiopia has focused on a planned developmental state, without speeding the direction of industrialization, and has achieved …