In my last commentary, The World Bank and Ethiopia’s “Growth and Transformation”, I cryptically observed in passing, “… The USD$600 million is money the World Bank loaned to the Thugtatorship of the Tigrean Peoples Liberation Front (T-TPLF) in the name of the People of Ethiopia. Future generations of Ethiopians will be asked to pay it back….
The World Bank lies, Ethiopia dies… from onerous “odious debt” I had completely forgotten about the so-called “Growth and Transformation Plan” (GTP) of 2010, until the World Bank reminded me of it last week. by Alemayehu G. Mariam That “Plan” was the late Meles Zenawi’s gimmick about having an economic plan for Ethiopia. “Ethiopian economic growth…
Recently, a well-known correspondent for one of the major American media outlets stationed in Ethiopia sent me an email grousing about my article urging boycott of Coca Cola in Ethiopia. He wrote, “I’m sorry to be blunt, but I don’t understand the thrust of this article [on boycotting Coca Cola]. You seem intent on misleading…
First, Why is Africa Poor? George Ayittey, the renowned Ghanaian economist and president of the Free Africa Foundation swears that “Africa is poor because she is not free”. Like Ayittey, Robert Guest, business editor for The Economist, in his book The Shackled Continent (2004), declares that “Africans are poor because they are poorly governed.” He argues that…
