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Global interests and their implication to Ethiopia's Economic Development


In this paper, I explore the history of global interests in the globalization process and its implication on Ethiopia's Economic development. I focus on the history of convergences and divergences of the interests of the international actors in capturing the complex nuances of the changes and developments in international politics, economics, and the role of international organizations. Most importantly, on one hand, I show the convergence of global interests mainly on democracy, the respect of human rights and economic and trade liberalization, and on the other hand, I show there is a divergence or clash of interests in the practical application of these important international issues, which in their resolution reflect a global realty not totally dominated by one sector. Hence, I argue the present convergence of global interests on democracy, the respect for human rights and economic liberalization, and a world order where no force is able to totally dominate, provide a favorable environment for a developing nation like Ethiopia in its endeavor for economic development. Also, I suggest a bold implementation of democracy and a prudent economic policy to seize the time for progress and to avoid the negative repercussion of globalization must be encouraged.

Corporate Author: 
Alemayehu Seyoum(Editor) & Ethiopian Economic Association/Ethiopian Economic Policy Research Institute
Ethiopian Economic Association (EEA)
Primary Descriptors: 

<p>Sustainable development</p>

Secondary Descriptor: 

<p>Economic policy</p>

Geographic Descriptors: 
Cataloge Date: 
Broad Subject heading: 
Call Number: 
330.963 PRO 2004
Serial Key Title: 
Proceedings of the First International Conference on the Ethiopian Economy
Publication catagory: 
Content type: 
Publication date: 
2013-05-27 00:00:00
Forum or Discussion date: 
2013-02-27 00:00:00
Place of publication: 
Addis Ababa, Ethiopia
Type of material: 
Current frequency: