This is a great read. I like that fact that Ethiopia is not blindly following any outsider’s prescription, but actively seek the pragmatic solutions that work for now, and here. It’s also surprising for a major country like this, it has no direct land access. Do you think the tension with coastal neighbours will fuel armed conflicts in the future?
Not floating the currency is probably having a significant impact on manufacturing. The official exchange rate is half the black market rate. This means goods manufactured in Ethiopia are sold for 2x what they should be and manufacturing supplies imported into Ethiopia cost 2x what they should.
The difference goes into subsidizing imports, which then compete with Ethiopian manufacturers in the domestic market.
Do you think the Nile dam project is viable? How much will this help with household and industrial electrification if it is successful? Would it permit Ethiopia to cut fuel imports? Would this be important to Ethiopia's balance of payments? Kenya is a leader in geothermal power. Does Ethiopia have much geothermal power generation potential?
This is a great read. I like that fact that Ethiopia is not blindly following any outsider’s prescription, but actively seek the pragmatic solutions that work for now, and here. It’s also surprising for a major country like this, it has no direct land access. Do you think the tension with coastal neighbours will fuel armed conflicts in the future?
Not floating the currency is probably having a significant impact on manufacturing. The official exchange rate is half the black market rate. This means goods manufactured in Ethiopia are sold for 2x what they should be and manufacturing supplies imported into Ethiopia cost 2x what they should.
The difference goes into subsidizing imports, which then compete with Ethiopian manufacturers in the domestic market.
Do you think the Nile dam project is viable? How much will this help with household and industrial electrification if it is successful? Would it permit Ethiopia to cut fuel imports? Would this be important to Ethiopia's balance of payments? Kenya is a leader in geothermal power. Does Ethiopia have much geothermal power generation potential?
What about internal violence / security?