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.


Radical Realism About Climate Change

Changes to land use are also needed. The 2009 International Assessment of Agricultural Knowledge, Science and Technology for Development charts the way to a transformed agricultural system – with benefits that extend far beyond climate policy. We must apply this knowledge around the world, argues Lili Fhur.


Insurance: Right or Privilege?

Every nation has a goal to reach and to show the world that it is the most profitable nation to trade with. There is not any other country by its will to follow its leader, sacrificing its competitive advantage at zero return, according to Asseged Gebremedhin.


PM Stumbles as he Attempts to Fill Shoes of Meles Zenawi

Handpicked and groomed to take the sticky position and overbearing responsibility, Prime Minister Hailemariam Desalegn has attempted to be the agent of progress that the late Prime Minister Meles Zenawi – the face of the armed struggle that liberated Ethiopia – was . On top of the monumental task of sustaining the double figure economic growth of the country, Fekede Brook argues, he has also tried to put his own signature and voice to the old narrative.


Undesirable Side Effect of New Guideline on Relinquishing Shares

The matter can be resolved without compromising the Commercial Code of Ethiopia and accounting practices and in a way more convenient to financial institutions, according to Abdulmenan H. Hamza. The NBE previously issued directives that require set level of paid capital for banks and insurance companies. There are possibilities of share repurchases amounting reduction of paid up capital if there is no enough accumulated profits to absorb them. The implication of the guideline on previously set level of capital should have been observed.


Canada and Canadians Are No Stranger in Ethiopia

I gave the Minister a road-map on how he could have made an impression to us through Canada’s ambassador to Ethiopia, Philip Baker. He could have met the editorial team behind Addis Fortune newspaper but only granted us a small interview at the Canadian Embassy; we could have met him for Poutine or go for a jog with local Olympians. It was a shame that he was in Ethiopia and left without meeting and having a conversation with the many Canadians he represents in Ethiopia and instead decided to stay in an elitist bubble reflect, Samuel Getachew, an Ethiopian-Canadian, now based in Addis Abeba.


Editorial

Putting the enormous damage inflicted on the country aside, the ruling...


Agenda

Before the end of the current fiscal year, city officials are rushing t...


Fineline

The Ministry of Finance, one of the oldest institut...


Commentary

Rent-seeking behaviour is rational. Since the inherent rationality of i...


Viewpoint

A friend of mine who was recently hired as a general manager of a famil...


Opinion

The days seem to be changing. It is raining when it should not, and war...


View From Arada

The recurrent loss of the national football team concerns and embarrass...


Editors Pick














SUBSCRIBE TO ADDISFORTUNE

MEMBERS' LOGIN


ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

Verbatim, News Analyis, Lifestyle, Radar and...






Photo Gallery