Ethiopia Must Increase Competitive Advantage in Global Market

February 16, 2010

“The challenges of the macroeconomic management of this country to those in charge are evident. There is a painful instability in the balance of payments, and what has been hoped to be achieved from the export market has not been realised. Domestically, the economy is ploughed by inflation, forcing policymakers to go on tightening credit. Ironically, state banks are under the pressure of a liquidity crunch. This is a result of Ethiopia’s lack of competitiveness at the domestic level, argues Yared Haile-Meskel (Eng), materials development engineer for a multinational automotive and defense manufacturer in the UK…”

Click here to read more (Addis Fortune)