In 2016, World Bank Ethiopia launched a Blog4Dev contest inviting students to share their ideas for how Ethiopia can reach middle-income country status without leaving anyone behind. This is the third of three winning entries.
In the two past decades, Ethiopia has shown a remarkable performance in diversifying its economy and building essential infrastructures that helped the economy to boom. Ethiopia is now one of the fastest growing countries in Sub-Saharan Africa and the country has earned a fair amount of recognition from international organizations like the IMF and the World Bank.
And for good reason. Countries such as South Korea and Malaysia have succeeded in transitioning to emerging market status thanks to their investments in building some of the best education systems in the world. For the Nobel Prize winner in economics, Robert Lucas Jr. and the World Bank’s chief economist, Paul Romer, economic development depends above all on a country's ability to value its human capital. This not only allows the country to increase its current added value but also to create tomorrow’s technological innovations.
I met Prince Brokou four years ago in 2013, when he joined a road maintenance group as part of the Youth Employment and Skills Development Project (PEJEDEC) funded by the World Bank. At the time, he was still living with his parents in Yopougon, a sprawling suburb of Abidjan.
Brokou performed labor-intensive public works such as clearing out detritus from clogged road gutters that result in flooding during Côte d’Ivoire’s rainy season. This short-term activity allowed him to earn a monthly salary of CFAF 60,000 (about $124) for six months, and receive training on how to set up a small business to ensure his transition to future employment. He was also able to benefit from classes on civics, community development, public health, HIV/AIDS, and the environment.
In 2016, World Bank Ethiopia launched a Blog4Dev contest inviting students to share their ideas for how Ethiopia can reach middle-income country status without leaving anyone behind. This is the second of three winning entries.
How can Ethiopia reach middle-income country status without leaving anyone behind?
This is the first blog in a series on forests and livelihoods.
Africa’s forests, landscapes, and ecosystems have many contributions to development. They contribute directly to the well-being and food security of poor people. According to the World Bank Forest Action Plan, the impact of forests on poverty is greatest in Africa, with forest-related income lifting 11% of rural households out of extreme poverty. Forests also supply critical raw materials needed to grow the economy, provide habitat to rich flora and fauna, regulate hydrology, and sequester carbon.
In 2016, World Bank Ethiopia launched a Blog4Dev contest inviting students to share their ideas for how Ethiopia can reach middle-income country status without leaving anyone behind. This is the first of three winning entries.
Ethiopia is one of the poorest countries in the world. It is currently striving to achieve a better economic and political development. I believe we can achieve the middle income country status within short period of time if we implement people centered and inclusive policies. Ethiopian government has been working towards this goal by setting 2025 as a deadline. We have achieved a lot so far, but not to the level we planned. So, it is better to notice the daunting challenges for our country’s development.
Last week, I wrote about my field visit in October to the agriculture support project in Togo financed by International Development Association (IDA) and the Global Agriculture and Food Security Program (GAFSP). The visit to a rice field and the discussions with rice farmer Komlan Souley and his family revealed some early successes made possible with Bank support, but also underscored the many challenges that remain to help small farmers move out of poverty in a sustainable way and to help Togo’s agriculture become more productive and competitive.
Despite a challenging global economic climate, Ethiopia has managed to pull off one of the most remarkable growth narratives of the past decade. Real gross domestic product (GDP) growth averaged 10.9% between 2004 and 2015, but the growth slowed down to 8.0% in FY2016 on account of El-Nino-driven drought that affected agricultural production and its spillover effect on industry and service sector. In general, the growth exceeds that of many Sub-Saharan African and other low-income countries. The positive growth and related poverty reduction has put Ethiopia on the right trajectory to reach middle income status by 2025.
Can a shift towards a sustainable forestry ecosystem help to deliver the jobs and diversity that Angola’s economy needs?
The timber industry offers enormous developmental potential. According to the Centre for International Forestry Research, domestic wood or community logging markets in Sub-Saharan Africa (as opposed to large-scale commercial felling) employ hundreds of thousands of people. It is an industry that provides employment and wages for entire communities and that has huge socio-economic and environmental importance.