Implications of Tax Bill for New Era in Taxation



The release of the draft tax laws to the public over the last weeks has dominated discussions and debates on the mainstream media. Such discussion for and against the proposed law is expected as tax represents the bigges...


A Renewable World on the Horizon


Plummeting fossil fuel prices, mainstream renewable energy sources and increased energy storage are some of the stunning developments adorning the pages of the Global Status Report: Renewables 2016. The report is an inte...


A Tale of Two Debt Write-Downs


With total public and private debt worldwide at 215pc of world GDP and rising, the tools on which Greece and Japan depend will almost certainly be applied elsewhere as well. Since 2010, official discussion of Greek de...


Energy Distribution Snag


In an effort to meet the rising local energy demand and aspiring to be a regional energy hub, Ethiopia has made a huge public investment to its power infrastructure, more so to power generation. Besides, it allowed priva...


Structural Limits to Emerging Market Growth


It is no secret that emerging economies are facing serious challenges, which have undermined their once-explosive growth and weakened their development prospects. Whether they return to the path of convergence with the a...


Globalization Can Still Deliver


With so many questioning whether globalization and interconnectedness are worth the trouble, and some seeing only trouble, it is important to assess what more globalization can do to boost living standards. What will...


From Rocks to Industries


Industrialisation is back. After decades of policy efforts mostly focused on macroeconomic stability and opening up markets, the success of industrial policies in emerging Asian markets highlighted the importance of a co...


Fighting the Next Global Financial Crisis


Often, people criticize generals for “fighting the last war”. It is not that generals ever think they will face the same weapon systems and the same battlefields. They certainly know better. The error, to the exte...


Reconciling Narratives of Global Growth


There are three major competing growth narratives about the global economy, and each has very different implications for markets, policies and politics. Even though these story lines may seem mutually exclusive in the sh...


Global Growth Slump


The International Monetary Fund (IMF) and others have recently revised downwards their forecasts for global growth – yet again. Little wonder, at a time when the world economy has very few bright spots – and many tha...


How to Choose the Next Chairperson of the African Union


In the next few months, the African Union Commission (AU) is set to choose its next Chairperson: the woman or man who will lead the Commission and guide the entire continent for the next four years, or possibly eight. It...


Time for Public Transport in Meqelle


On the morning of March 22, 2016, Meqelle was hit with a strike of bajaj drivers. The three- wheeled motor vehicle is a widely used mode of transportation found mainly in the developing world. These drivers went on st...


Why Equality in Education Matters


  Today the world is doing a lacklustre job of finding sustainable solutions to global inequality. This crisis is evident in cities like Lima, Peru, where a “wall of shame” separates the wealthy neighbourhood...


Egypt’s Meddling in Ethiopia’s Backyard


A series of pleas received little interest in Somalia, Somaliland, highlighting the reduced influence of the Nile state Ethiopia has had a besieged mind-set over Egypt’s intent to keep it away from its course for ma...


Rewriting African Capitalism


Africa’s rise is real, but not assured. While many critical economic indicators - increasing gross domestic product (GDP), increasing real income per capita and increased labour market participation rates - have been r...


Universal Healthcare is Smart Economics


In September 2015, the entire world committed to 17 goals and 169 targets. In addition to eradicating poverty, this sustainable development agenda will cover economic, social and environmental issues. Economists have...


Editorial

Last week Diriba Kuma, mayor of Addis Abeba, was in attendance for the...


Agenda

Despite widespread concerns over foreign exchange crunch in the economy...


Fineline

There could perhaps be no political party in the wo...


Commentary

With recent events in the country such as mild earthquakes, the need to...


Viewpoint

Though Ethiopia is the first African country to make modern laws, inclu...


Opinion

In the 16th Century, Polish astronomer Nicolaus Copernicus published a...


View From Arada

A mountain of garbage that had accumulated in "koshe" gave way to a lan...


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