In Defense of Globalization


Economic inequality among countries has declined sharply in the past 20 years, owing partly to China’s rise, as well as to economic development across Asia, Latin America, and elsewhere. In fact, by 2010, the United Nations had already achieved its Millennium Development Goal of halving poverty by 2015, and recent projections suggest that, by 2050, poverty will be eradicated everywhere except Africa.


EU Should Act on Immigration, Not Preach

The issue of migration is an important world affair that deserves needed attention. There are still questions to what extent such a more ‘coercive’ attitude complies with the notion of a ‘true partnership’ with Africa, which seemed the basis for the agreement in Valletta, writes Annabelle Laferrère and Anna Knoll, European Centre for Development Policy Management (ECDPM).


Building On Ethiopia’s Health Care Success

Over the past decade or so, Ethiopia has been in the limelight of global health for its impressive achievement in the health sector. The country’s flagship health extension program has…


Devaluation Not Silver Bullet Solution

For many economies around the world, the year 2016 was a year of disappointment and melancholy. Once used to be a symbol of buoyancy and dynamism, many economies had spent…


Bank’s Unfair Deal to Diaspora

Given such legal provisions, which are the only ones of their kind, and given that there are no laws that authorize NBE to order banks to purchase legally-acquired shares and allocate shareholders’ earnings to NBE’s treasury, and given that it has only Article 58, sub-article 7, to seek legal action, NBE has opted to break the law under the pretext of defending the law, Andinet Semere writes.


Globalism Under Siege

The emergence of nationalists could be one of the major threats, may be the final bullet against globalisation. As a result, national rules, regulations and standards will again be important and the reliance on international standards will be questioned, writes Getaneh Shambel.


Understanding the Future Market

We need to shift the focus swiftly and vigilantly debate the future market. It is an inevitable one. That is the avenue of being a transnational company though which we ride to the world market, writes Asseged G/medhin G/Mariam.


Is Disruptive Good or Bad?

Do we need more disruptive innovation in Ethiopia? Absolutely. Disruptive innovation is a tremendous force for transforming millions of lives and vital for achieving broad-based development, the kind of development we seek in Ethiopia writes Eleni Gabre-Madhin (PhD).


New Era Dawning as Climate Change Threat Looms

The fossil fuel industry faces attrition of its moral ground while the case for renewable energy keeps on gaining momentum amidst a ferocious climate change debate. However, reducing greenhouse effect can only be achieved by removing the millions of tons of carbon that has been accumulating for a century, writes FEKADE BROOK.


Ethiopia, America Create Ties that Bind

A good, lasting relationship with the United States is good Ethiopian foreign policy. This does not mean America is a perfect society. It has issues, imperialism, racism, that is unfortunate with many. But America at its best is what Ethiopia should aspire to be, SAMUEL GETACHEW writes.


Ethiopia’s “Half-Cooked” Graduates

The expansion of the Ethiopian educational system in a rush might do more harm than good. It might end up being the hallmark of a failed government policy. It is best to focus on quality rather than continue to construct more universities and produce a slew of graduates with little skills as the world’s best are coming to Ethiopia looking for opportunities, writes SAMUEL GETACHEW.


The Promise of Digital Finance

Promoting digital banking and providing access to the millions of unbanked across the world will not only ensure inclusiveness. In this commentary provided to Fortune by Project Syndicate, Laura Tyson, a former chair of the US President’s Council of Economic Advisers; and Susan Lund, a partner with the McKinsey Global Institute, argue such policy can also add a 12pc to the GDPs of countries such as Ethiopia and Nigeria.


Don’t Cry Over Dead Trade Agreements

With the rise in populism in the west – from Brexit to Donald Trump – the global trade regime is in a test of a kind unlike since the Second World War. Multilateral and bilateral trade agreements are now questioned by the very countries that have signed them, writes Dani Rodrik, professor of International Political Economy at Harvard University’s John F. Kennedy School of Government, and the author of Economics Rules: The Rights and Wrongs of the Dismal Science.


Where do Crazy Ideas Go in Ethiopia?

Business incubators are helping young people build important mobile app, as a way to deliver services to many people, making enterprises more efficient for farmers and helping build better logistics in the movement of goods, says Eleni Z. Gabre-Madhin (PhD).


An Exceptional Week of Italian Cuisine

There have been many Italian influences in Ethiopia. From the many cafes that sell Italian inspired coffees, the pastries that remain a favourite of most, the many Italian schools that are noted for being the largest Italian schools in Africa, the beautiful and historical architectural buildings, the shrinking Italian-Ethiopian communities that have made their mark on the country, the Italian engineers and the architects behind the Renaissance Dam, the Italian influence in Ethiopia is to be noted and celebrated, Samuel Getachew writes.


Climate Talks Moves Forward to 2030 Agenda

In the coming years, climate negotiations will take place in Bonn, Germany and will be presided by the Republic of Fiji. In 2018, a facilitative dialogue will take place in which all Parties that have ratified the Paris Agreement will assess national progress and emissions reductions as well as increase the ambition of their current commitments, Seble Samuel observed from Marrakech.


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