TRANSFORMING ETHIOPIAS DEVELOPMENTAL STATE MODEL FOR THE FUTURE

Asayehgn Desta
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Asayehgn Desta: Dominican University of California

Review of Socio - Economic Perspectives, 2019, vol. 4, issue 1, 39-55

Abstract: Inspired by the miraculous transformation achievement of Taiwan and South Koreas developmental state model, in 2001, Ethiopia adopted and thrived by adjusting the East Asian state-led Developmental State Model to reflect its own historical conditions and enhance economic growth and wipe out poverty. As a result, Ethiopias Developmental State Model has created miraculous economic growth for the last fifteen years. In 2015, however, an increasingly lazy and inept EPRDF began to drag the country into political unrest. Currently, Ethiopia is faced with an abysmal economic, political upheaval, and ethnic strife because the countrys chief engine of growth—Ethiopias Developmental State Model—has been cracking due to administrative obsolescence. If the recent wide-scale economic crisis is not addressed immediately, it could ultimately disrupt Ethiopias political legitimacy. Therefore, as other developmental countries have done, Ethiopia needs to form a hybrid paradigm where some developmentalist practices coexist with the prevalence of privatization policies to harness a free market operation.

Keywords: Developmental State Model; Transformation; Economic Growth; Hybrid Paradigm (search for similar items in EconPapers)
JEL-codes: O10 O21 O40 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:aly:journl:201937

DOI: 10.19275/RSEP062

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