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Full-Text Articles in Economics
Reversing Ethiopia's Intellectual Capital Flight, Asayehgn Desta
Reversing Ethiopia's Intellectual Capital Flight, Asayehgn Desta
Asayehgn Desta
Recently, the Ethiopian Government drafted a five year plan (2010 to 2015) to achieve the country’s economic growth. When Ethiopia’s Growth and Transformation plan was analyzed in light of the new growth theory and traced historically in terms of the push and pull factors that contributed to the flight of skilled Ethiopians to more advanced countries, it was found that over the years Ethiopia has funded the education of its nationals only to see them contributing to the growth of developed countries. Being stripped of skilled human capital, leaving it ill prepared to face globalization and survive in the new …
Sustainable Local Development. The Revitalization Of The Town Of Adwa (Ethiopia) Through Community-Based Endogenous Projects, Asayehgn Desta
Sustainable Local Development. The Revitalization Of The Town Of Adwa (Ethiopia) Through Community-Based Endogenous Projects, Asayehgn Desta
Asayehgn Desta
Over the years, either self-initiated or by funding from development agencies, a number of developing countries have implemented various programs to tackle poverty. This case study was inspired by the One Village One Product (OVOP) movement initiated in the Oita Prefecture region of Japan. Given the positive aspects of the OVOP, the purpose of the study is to transfer some aspects of the OVOP movement in order to revitalize the town of Adwa, Tigrai, Ethiopia. The case study therefore suggests some possible community-based endogenous projects that could revitalize the town of Adwa, Tigrai, Ethiopia. As a result of the initiative …
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 …