The Moral Hazard of U.S. Policy in Africa (Part I)

Byalmariam

Note: In ongoing commentaries, the author examines the Obama Administration’s policy in Africa. Moral Hazard and Moral Bankruptcy The concept of ‘moral hazard’ in politics may be used to explain a situation in which a government is insulated and immunized from the consequences of its risky, reckless and incompetent behavior. For instance, a regime that…

Steel Vises, Clenched Fists and Closing Walls (Part IV)

Byalmariam

By Alemayehu G. Mariam Note: This is the fourth installment in a series of commentaries I intend to offer on U.S. foreign policy (or lack thereof as some would argue) in Ethiopia. In this piece, I argue that the Obama Administration’s recently announced Kleptocracy Asset Recovery Initiative to go after corruption in Africa and elsewhere…