Four experts discuss Ethiopian booming economy to conquer poverty
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Ethiopia's economy booms to conquer poverty experts view

Tigrai Online, July 28, 2017

The Heat, a CCTV television program brought four experts to discuss the miraculous economic growth in Ethiopia. The Heat spoke wi


th following guests: Elsje Fourie from London. He is the assistant professor of Globalization and Development with the University of Maastricht in the Netherlands. Zemedeneh Negatu from Dubai, He is the managing partner for Ernst and Young in Ethiopia. Ted Alemayhu from San Francisco. He is the founder and executive chairman of U.S. Doctors for Africa.

Ethiopia’s economic development in the recent years is undeniable. Despite the enormous challenges facing the country in all aspects of life, the people and government of Ethiopia are facing the challenges head on and the results are remarkable.

The discussion in the above video highlights the successes and the challenges of Ethiopia. The main problems in Ethiopia are lack of infrastructure and corruption. The Ethiopian government is trying to tackle the chronic corruption problem in the country. For example the Ethiopian federal government arrested 37 senior government officials, business people and brokers charging them with high level corruption misuse of power this week.

The recent state wide crackdown on corruption is part of a long term effort to reduce corruption in the country which is deep rooted in the culture to the point it is seen as a normal cost of doing business until the EPRDF government tried to fight it. Many people think corruption is worst now than ever, but it is not true. The way corruption and bribery is reported and exposed is different now and it is becoming really dirty to pay or receive bribe this days. There are nongovernmental entities exposing corruption and the public are more aware because of the government’s intense campaign against corruption. We have to admit the worst corruption is within or around the government itself.

Corruption has two main components the giver and the receiver, therefore to fight corruption it takes both side of the society to be fully committed to fight corruption which is crippling the development of the country. If there is no givers there won’t be takers and if there is no takers there won’t be corruption.

Ethiopia's economy booms to conquer poverty experts view


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