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The Hidden Costs of "Slowbalisation"

Apr 13 , 2024      |      By Daniel Gros      |      1581 Views

The emergence of an open multilateral trading system that separated trade from geopolitics played a pivotal role in driv...

Supreme Court Rattles the Foundations of Corporate Law

Apr 13 , 2024      |      By Yehualashet Tamiru Tegegn      |      2586 Views

In a landmark shift that could define the evolving dynamics of the legal system, the Federal Supreme Court's Cassation Division has recently overturned its outlook on the application of the Commercial Code. The...

Why Have Inflation Forecasts Been So Wrong?

Last year, following the Great Inflation of 2021-22, central banks, leading academics and international institutions issued a smattering of post-mortems. Yet even before the ink was dry on their analyses, inflation forecasts were being revised down almost as fast as they had been...

Apr 6 , 2024      |      By Willem H Buiter and Ebrahim Rahbari,      |      1832 Views

Financial Sanctions Need Global Governance

As Russia's war against Ukraine enters its third year, Western governments are finding it increasingly difficult to muster the funding Ukraine needs to defend itself. The European Union struggled to reach a 54 billion dollar aid deal in February, and the United States remains dea...

Apr 6 , 2024      |      By Paola Subacchi and Rosa M Lastra      |      2186 Views

Policymakers Rethink Energy, Aiming for Sustainability Amid Surging Demand

Policymakers Rethink Energy, Aiming for Sustainability Amid Surging Demand Ethiopia is on the verge of a major shift in its approach to energy management, signalling a much-needed adaptation to the evolving global and local energy environment. Its leaders' decision to revis...

Apr 6 , 2024      |      By Yemanebrhan Kiros      |      3054 Views

Economic Imperatives Clash with Equity in Pandemic Treaty Debates

Recent drafts of a global pandemic treaty have been widely criticised as "shameful and unjust." When the latest round of negotiations opened on March 18, it was clear that a key lesson of the COVID-19 pandemic - that public health and the economy's health are interdependent - was...

Mar 30 , 2024      |      By Mariana Mazzucato      |      2556 Views

Why Have Inflation Forecasts Been So Wrong?

Last year, following the Great Inflation of 2021-22, central banks, leading academics and international institutions issued a smattering of post-mortems. Yet even before the ink was dry on their analyses, inflation forecasts were being revised down almost as fast as they had been...

Apr 6 , 2024      |      By Willem H Buiter and Ebrahim Rahbari,      |      1832 Views

Financial Sanctions Need Global Governance

As Russia's war against Ukraine enters its third year, Western governments are finding it increasingly difficult to muster the funding Ukraine needs to defend itself. The European Union struggled to reach a 54 billion dollar aid deal in February, and the United States remains dea...

Apr 6 , 2024      |      By Paola Subacchi and Rosa M Lastra      |      2186 Views

Policymakers Rethink Energy, Aiming for Sustainability Amid Surging Demand

Policymakers Rethink Energy, Aiming for Sustainability Amid Surging Demand Ethiopia is on the verge of a major shift in its approach to energy management, signalling a much-needed adaptation to the evolving global and local energy environment. Its leaders' decision to revis...

Apr 6 , 2024      |      By Yemanebrhan Kiros      |      3054 Views

Economic Imperatives Clash with Equity in Pandemic Treaty Debates

Recent drafts of a global pandemic treaty have been widely criticised as "shameful and unjust." When the latest round of negotiations opened on March 18, it was clear that a key lesson of the COVID-19 pandemic - that public health and the economy's health are interdependent - was...

Mar 30 , 2024      |      By Mariana Mazzucato      |      2556 Views

WTO's Abu Dhabi Standoff Unpacks Global Trade's Future

Taking place in challenging and uncertain times, the World Trade Organization's 13th Ministerial Conference in Abu Dhabi produced mixed results: a few successes, but also some disappointments. By contrast, the previous ministerial conference, held in June 2022, concluded with the...

Mar 30 , 2024      |      By Ngozi Okonjo-Iweala      |      2554 Views

A Global Assault on TB Through AI, Partnership Within Reach

Groundbreaking new technologies seem to be emerging with increasing frequency. Since its launch in November 2022, OpenAI's generative artificial intelligence chatbot, ChatGPT, has become a global sensation, attracting over 100 million users and inspiring numerous imitators. The t...

Mar 23 , 2024      |      By Mohammed Yassin      |      3075 Views

The Big Push African Women Need to Escape Poverty

Poverty, climate change, and conflict are among the biggest challenges confronting Africa, and they all disproportionately affect women living in poverty or on the margins of society. Both research and experience have demonstrated that these women have enormous potential to impro...

Mar 23 , 2024      |      By Rudo Kayombo      |      2086 Views

Bitcoin Mining Benefits Insufficient to Justify Huge Costs

Ethiopia has become the latest country to open its doors to the crypto mining industry, with 21 companies granted licenses. Ethiopian Electric Power (EEP) executives recently disclosed that more Bitcoin miners are waiting for permits. Attracted by low electricity costs—a crucia...

Mar 16 , 2024      |      By Amanuel Dessalegn      |      2591 Views

Making Climate Finance Affordable

Emerging-market and developing economies (EMDEs) will need an estimated 2.4 trillion dollars in climate investment annually to meet climate goals, according to the Independent High-Level Expert Group on Climate Finance. One trillion dollars would have to come from external source...

Mar 16 , 2024      |      By Rebecca Ray and Ulrich Volz      |      2095 Views

Championing Women's Inclusion for a Greener, Fairer Future

It is hard to find a word more relevant to the world's greatest challenges and policy priorities than "inclusion," the theme of this year's International Women's Day. Inclusive, green economic growth that benefits all of society is essential to sustainable prosperity, social cohe...

Mar 9 , 2024      |      By Nadia Calviñ and Kristalina Georgieva      |      2324 Views


Most read

Columns

Commentaries | Dec 22,2024

Fossil Fuels Arent Going Anywhere Despite Great Energy Transition Myth

Life Matters | Dec 21,2024

Inadequate Regulation Leaves Tenants Vulnerable to Arbitrary Rental Hikes

My Opinion | Dec 21,2024

Universal Human Rights Should Prevail Over Sovereignty's Fragile Facade

Sunday with Eden | Dec 21,2024

Overcoming Emotional Impulses in Decision-Making

Agenda | Dec 22,2024

Fuel Supply Halts as Parallel Market, EV Push Leave Regions, Investors in the Lurch

Editorial | Dec 21,2024

Addis Abeba's Gleaming Facade Masks a Parched Metropolis


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Editorial

Addis Abeba's Gleaming Facade Masks a Parched Metropolis

Dec 21 , 2024

The main avenues and thoroughfares of Addis Abeba have undergone an impressive faceli...

When More of Everything Leaves Less in the Bank

Dec 14 , 2024

Ethiopia's monetary policy has shifted conspicuously in recent years. Gone is the era...

Fueling Reform, the Petroleum Sector Caught Between Monopoly Missteps, Market Liberalisation

Dec 7 , 2024

For decades the Ethiopian Petroleum Supply Enterprise (EPSE), a state-owned giant ent...

Crafting Public Service Reward in a Cash-Strapped Economy

Nov 30 , 2024

In the corridors of government offices worldwide, the question of how much to pay mem...

Sunday With Eden

Overcoming Emotional Impulses in Decision-Making

Have you ever made a split-second decision and later wondered, "What was I thinking?...

The Daily Struggles of Power Outages, Water Shortages

Addis Abeba was eerily silent over the past weekend, shrouded in darkness. The blacko...

Life Matters

Inadequate Regulation Leaves Tenants Vulnerable to Arbitrary Rental Hikes

The rental market in Ethiopia, like in many developing economies, is characterised by...

Lasting Treatments Instead of Temporary Relief

I have always avoided taking pills unless absolutely necessary: when I am genuinely u...

Agenda

Fuel Supply Halts as Parallel Market, EV Push Leave Regions, Investors in the Lurch

Dec 22 , 2024 . By AKSAH ITALO

Africa Oil Plc has five of its stations denied fuel supply by the Ethiopian Petroleum...

Shackled by Poverty, Employees Battle for Survival

Dec 15 , 2024 . By BEZAWIT HULUAGER

A 23-year-old woman (name withheld to protect identity) has been working at a garment...

National ID Footprint Stumbles Over Limited Acceptance, Printing Quality

Dec 8 , 2024 . By BEZAWIT HULUAGER

Dawit Arega, a tourist guide for 14 years, has encountered difficulties with his Nati...

Government Reforms Battle Market Forces on Cement Industry Control

Dec 1 , 2024 . By AKSAH ITALO

On the outskirts of Addis Abeba lies the subdued Qaliti cement market with retailers...

Gallery

Parliament Approves New Cabinet Members

Oct 6 , 2021

Parliament Approves New Cabinet, Incorporates Opposition Leaders Lawmakers have approved today the nominations of 22 ministers, including three opposition leaders. Two MPs have voted against, while 12 abstained...

2020 in Posterity

Jan 5 , 2021

TIGRAY VOTES DESPITE "NULL & VOID" THREAT

Sep 9 , 2020

IN-PICTURE: LAUREATE'S RECEPTION  

Dec 14 , 2019

PM Abiy Ahmed (PhD) at a Gala Dinner Called for the Awarding of the Félix Houphouët-Boigny Peace Prize

May 6 , 2019

Faces, Voices of Addis Abeba

Apr 26 , 2019

Commentaries

Fossil Fuels Arent Going Anywhere Despite Great Energy Transition Myth

Ideas and the words we use to frame them matter. For example, as the Cold War wound d...

Conflicts Upend Growth Story, Plunging Development Goals into Jeopardy

Once regarded as a rising economic star on the African continent, Ethiopia now finds...

Fineline

Leaders of the National . . .

Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the me...

When the country’s most. . .

When the country's most senior diplomats and envoys return back to their posts after two-week debriefings, they leave behind a point or two...

Fortune news

Banks Scramble to Reopen After Harer City Shuts Over Forty Branches

Dec 22 , 2024 . By AKSAH ITALO

The Harer city administration has shut down 43 bank branches, including those of Comm...

Tax Bureau’s Salary Standard Triggers Dispute Over Hidden Minimum Wage

Dec 22 , 2024 . By BEZAWIT HULUAGER

The Addis Abeba Revenue Bureau's new salary standards for tax purposes have caused ba...

Police University, Immigration Services Caught with Financial Mismanagement

Dec 22 , 2024 . By BEZAWIT HULUAGER

An audit report presented to Parliament last week revealed financial irregularities a...

High-Stakes Ownership Dispute Pits Property Against Contract Law

Dec 22 , 2024 . By AKSAH ITALO

The legal battle between BGI Ethiopia, a leading brewery, and Zewdnesh G. Asrat has c...