Ethiopia as “sovereign deadbeat” state due to debts incurred by the T-TPLF
In my last commentary, The World Bank and Ethiopia’s “Growth and Transformation”, I cryptically observed in passing, “… The USD$600 million is money
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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.
That “Plan” was the late Meles …
The Sandcastles and Dams of African DictatorsAll dictators on the African continent have sought immortality by leaving a legacy that will outlive them and endure for the ages. But all have inherited the wind.
Kwame Nkrumah led the first
…Alemayehu G. Mariam
“Bondage” is the state of being bound by or subjected to some external power or control. When people are bound by debt, they are in “debt bondage”. When they are held in involuntary servitude, they are in …
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 …
Alemayehu G. Mariam
On December 21, 1987, Time Magazine on its cover page featured a downcast and crestfallen young Ethiopian mother as a symbol of famine victims in that country. Time asked two …
There is the economics of Adam Smith, the intellectual father of capitalism. There is Levitt & Dubner’s freakonomics of weird stuff. Then there is the fakeonomics (economics by gimmickry) of Meles Zenawi, the dictator in Ethiopia and author of the …