7 - strategies to promote development in two or more countries Flashcards

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1
Q

industrial policy

A

The use of industrialisation to facilitate development is the most commonly accepted approach to successful government planning in SSA.

In spite of the volume of investment, there is often a degree of corruption or exploitation that hinders the potential level of development that might be achieved.

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2
Q

ethiopia political changes

A

Ethiopia has introduced new political system called democratic federal system which has addressed the century old national questions of the Ethiopian people.

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3
Q

government agriculture policy in ethiopia

A

The government designed Agricultural- led Industrialization policy aiming at boosting productivity of the vast rural areas which cover 85 percent of the total population to ensure food security.

The efforts done so far in the rural areas to support farmers augment productivity enabled the country to manage food security in one hand and create enabling environment for manufacturing and industry, tourism and service sectors to take the lead on the other hand.

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4
Q

ethiopia growth government policy

A

government is showing commitment towards improving the livelihood of its citizens by putting sound policies in place.

Accordingly, Growth and Transformation Plan (GTP) was required to basically transform the country towards middle income status. Hence, let us see the achievements and the circumstances the country is positioned currently.

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5
Q

ethiopia growth plan phase 1

A

The GTP phase one (GTP-I) is aimed at creating enabling environment for industry and manufacturing sectors to take the lead by replacing agriculture led industry policy into industry led to fairly meet its target.

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6
Q

success of the ethiopia growth plan

A

the annual average per-capital-income has surpassed the amount set during the plan period reaching 700 dollars from 200 dollars before five years. The level of poverty that stood at 38 percent in 2005 has gone down to reach 29 percent by 2011.
the level of poverty has decreased both in rural and urban centers which are estimated to be 22 percent by now.
poverty reduced from 56 percent to 22 percent in just 15 years

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7
Q

ethiopia growth plan phase 2

A

The second Growth and Transformation Plan (GTP-II) that extends from 2016 to 2020 holds a decisive role in lifting the country from poor status to middle income status. By addressing the shortcomings observed during the GTP-I period and other new strategies, the Plan is responsible to make poverty history.

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8
Q

further success of ethiopia growth plan

A

The export revenue will be reaching five billion dollars by 2020 raising its share to 25 percent and ultimately pushing the entire share all the way up to 40 percent by 2025.

Ethiopia managed to save more than 15 million food vulnerable citizens caused by Eli-no with their cattle by its own capacity.

Also, the country is reportedly said to have increased its foreign currency from ever increasing tourists.
For example, it is planned that two million tourists will visit over the next few years where it can gain billions of dollars.
Ethiopia is the largest peacekeeping force producing country and refugee hosting nation in the continent. As a result, it is called as peace stabilizer of the whole region.

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