The Heritage Foundation’s 2016 Index of Economic Freedom reports that Ethiopia’s economic expansion has averaged about 10 percent over the past five years
By James M. Roberts (The Daily Signal) |
The Heritage Foundation has taken its message of economic freedom to Africa. Today’s stop is Addis Ababa, the capital of Ethiopia—source of the Blue Nile river and one of the oldest countries in the world that traces its history back to Biblical times 1,000 years before Christ. Remember the Queen of Sheba, in the time of King Solomon? She was from Axum, in Ethiopia.
Ethiopia is also the second most populous country in Africa, with 95 million people.
The Heritage Foundation’s 2016 Index of Economic Freedom reports that economic expansion has averaged about 10 percent over the past five years, facilitated by improved infrastructure and more effective mining and farming techniques. Unfortunately, that economic growth has not been enjoyed evenly by all of the roughly 80 ethnic groups in the country.
As the BBC reports, Ethiopia has had civil unrest for the last year “in the Oromia region which has been unprecedented in its longevity and geographical spread.” The Oromo people account for one-third of Ethiopia’s population. As the BBC notes, however, the issues go far deeper than ethnicity: “frustrations over land ownership, corruption, political, and economic marginalization.”
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