Banking Sector Reform In Ethiopia, Admassu Bezabeh, Asayehgn Desta
Oct 2015
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
Oct 2015
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
Sep 2014
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
Sep 2014
Tackling Poverty By Ethiopians Or Globalization Wave: A Book Review, Asayehgn Desta
Asayehgn Desta
No abstract provided.
From Economic Dependency And Stagnation To Democratic Developmental State: Essays On The Socio-Political And Economic Perspectrives On Ethiopia, Asayehgn Desta
Feb 2014
From Economic Dependency And Stagnation To Democratic Developmental State: Essays On The Socio-Political And Economic Perspectrives On Ethiopia, Asayehgn Desta
Asayehgn Desta
The span of the book entitled From Economic Dependency and Stagnation to Democratic Developmental State: Essays on the Socio-political and Economic Perspectives of Ethiopia provides readers with an understanding of the historical context of Ethiopian history, education, and development. Especially illuminating is the emphasis on the intersections between foreign investment, local customs, and other Ethiopian power structures, such as government.
The Continuing Saga Of Globalism: Comparing Ethiopia’S Developmental State Strategies To Those Of Malaysia, Asayehgn Desta
Oct 2012
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 …
Centrally-Planned Or Developmental-Oriented State: A Review Of The Ethiopian Economic System, Asayehgn Desta
Jan 2012
Centrally-Planned Or Developmental-Oriented State: A Review Of The Ethiopian Economic System, Asayehgn Desta
Asayehgn Desta
After adhering to the required draconian conditions laid out by the multi-lateral financial institutions, more than ever the developing borrowing countries were faced with sharply declining living standards, recurring financial crises, rampant inflation and a resulting high rate of unemployment. Then, a number of African countries halfheartedly and with little or no accountability, or transparency, relinquished total responsibility to their governments to manage and direct their economies. While pursuing the command economic system imitated from socialist countries where by the central governments played a pivotal role in planning and programming, Africa faced by ineffective policies, misuse of abundant resources and …
Saga Of African Underdevelopment: A Viable Approach For Africa's Sustainable Development In The 21st Century, Tetteh A. Kofi, Asayehgn Desta
Jun 2008
Saga Of African Underdevelopment: A Viable Approach For Africa's Sustainable Development In The 21st Century, Tetteh A. Kofi, Asayehgn Desta
Asayehgn Desta
The Saga of African Underdevelopment examines in careful detail the economic conditions in Africa during the pre-colonial and colonial periods. The authors argue eloquently that most of the development paradigms that were used to transform African economies, under free trade imperialism or under colonial and postcolonial periods were incompatible with the African system of thought and traditional production systems or mode of production. Following this, they propose a bold development strategy to reverse the dismal economic performance of African countries in the post independence period.
Africa's External Debt In Perspective, Asayehgn Desta
Dec 1987
Africa's External Debt In Perspective, Asayehgn Desta
Asayehgn Desta
A review of the literature indicates that three hypotheses have been advanced as possible explanations of the LDC debt crisis: imprudent lending, the mismanagement of borrowed funds, and the international economic situation. To test these hypotheses and isolate the determinants of Africa's external debt, multiple regression analyses were performed on data drawn from World Bank sources and the Bank for International Settlement on forty-three African countries. The conclusion that can be drawn from the data analyses is that Africa's indebtedness is not due to imprudent lending policies. On the other hand, it is possible to argue that the borrowed funds …
International Counter-Trade: The Developing Countries International Business Strategy In The 1980’S, Asayehgn Desta
Dec 1984
International Counter-Trade: The Developing Countries International Business Strategy In The 1980’S, Asayehgn Desta
Asayehgn Desta
No abstract provided.
Assessing Political Risk In Less Developed Countries, Asayehgn Desta
Dec 1984
Assessing Political Risk In Less Developed Countries, Asayehgn Desta
Asayehgn Desta
Corporate investment in less developed countries can be a lucrative source of resources and earnings. But how does one minimize the risks—particularly the political risks? The current trend in risk‐assessment methodology is to use “hard data” rather than subjective analysis. But this can be a drawback because the quantitative methodologies used are often determined by the data available. Presented here is a framework for political risk assessment that does more than simply look at the numbers.
Higher Education: Labor Market Linkage, Asayehgn Desta
Jan 1982
Higher Education: Labor Market Linkage, Asayehgn Desta
Asayehgn Desta
"It is clear from government documents that in the last 2 decades, post-secondary education institutions have expanded at a dramatic rate in many African countries, either to meet the need for using locals in high-level posts predominantly held by expatriates or to meet social demand.
Studies now indicate that in most African countries, shortages of manpower are giving way to a surplus of university graduates at a more rapid rate than was originally envisaged" ~ from the article
A Socioeconomic Analysis Of Schooling In Ethiopia, Asayehgn Desta
Dec 1981
A Socioeconomic Analysis Of Schooling In Ethiopia, Asayehgn Desta
Asayehgn Desta
Purpose is to trace historically how changes in the Ethiopian educational system correspond to changes in the socioeconomic structure. The first section of this paper surveys the themes of correspondence and contradiction. Section two discusses major changes in Ethiopian socioeconomic structure from 1900. Section three presents changes in the educational system which correspond to those changes in the socio-economic structure. Section four examines the major socioeconomic changes of the fascist occupation period (1935-1941) and includes a brief discussion of the fascist educational policy. Section five presents the major socioeconomic changes during the post-independence period (1941-1947), followed by a discussion of …
Socio-Economic And Educational Reforms In Ethiopia (1942-1974): Correspondence And Contradiction, Asayehgn Desta
Dec 1978
Socio-Economic And Educational Reforms In Ethiopia (1942-1974): Correspondence And Contradiction, Asayehgn Desta
Asayehgn Desta
Using the theory of correspondence and contradiction, the author analyzes the interaction between socioeconomic and educational changes in Ethiopia from 1942 to 1974. An introductory section sets forth the principles of correspondence and contradiction, which refer to how the means of economic production determine conditions in the noneconomic "superstructure" of society and how the superstructure in turn acts on the means of production, creating contradictions between the two. Section 2 traces Ethiopia's major socioeconomic changes from 1941 to 1974, including the incorporation of the economy into the world market economy, economic stagnation, the emergence of foreign-dominated commercial farms and industries, …
The Viability Of African Socialism As A Strategy For Development, Asayehgn Desta
Dec 1978
The Viability Of African Socialism As A Strategy For Development, Asayehgn Desta
Asayehgn Desta
Many Africanists have shown serious concern about African socialism and have challenged African socialism, as a concept, from both theoretical and practical point of view. This study argues that most of the criticisms raised against African socialism are out of context and ahistorical. A careful analysis and the steps taken by socialist African states clearly signifies that African socialism is an identifiable body of thought and an appropriate course of action for African countries to follow in order to embark on socialist transformation.
The Role Of Women In Tanzania: Their Access To Higher Education And Participation In The Labour Force, Asayehgn Desta
Dec 1978
The Role Of Women In Tanzania: Their Access To Higher Education And Participation In The Labour Force, Asayehgn Desta
Asayehgn Desta
A self-administered questionnaire given to 526 postsecondary students and 424 employed university graduates provides data on the participation of Tanzanian women in higher education and in the work force. Research shows that Tanzanian women students are more likely than men to come from more developed regions, reside in urban areas, have relatively well-educated and highly paid parents in professional or administrative occupations, and be enrolled in courses that reflect stereotypical ideas of women's role. Though women initially earn as much as men, they wait longer for initial employment, and pay differentials between the sexes increase over time in favor of …
Schooling For Alienation: The Ethiopian Experience, Asayehgn Desta
Dec 1978
Schooling For Alienation: The Ethiopian Experience, Asayehgn Desta
Asayehgn Desta
Conducted with 1500 randomly selected Ethiopian twelfth grade students, this study explored reasons for student alienation in Ethiopia. Data were collected through a self-administered questionnaire. Findings indicated that students are more alienated when they perceive the school environment to be closed. Students who were more anxious about passing the highly selective Ethiopian School Leaving Certificate Examination were more alienated than those less anxious, suggesting that this test is a cause of alienation. Students in institutions with lower prestige felt more alienated, reflecting perhaps their knowledge that students from such institutions have a smaller chance for later success. Finally, the most …
Schooling And Inequality In Pre-Revolutionary Ethiopia, Asayehgn Desta
Dec 1977
Schooling And Inequality In Pre-Revolutionary Ethiopia, Asayehgn Desta
Asayehgn Desta
"In the past, the naive observer could only be impressed that Ethiopia offed free education through the university level. In many cases, students were even furnished small stipends to subsist (Abir, 1970). However, an examination of the educational profile of prerevolutionary Ethiopia reveals that it was characterized by a low school attendance and sexual inequality. The dropout rate was very high, and unemployment among high school graduates was quite conspicuous. The purpose of this study is to highlight the lack of educational opportunity that existed in prerevolutionary Ethiopia." ~ from the article
