
News Analysis | Jan 05,2020
The crucial role education plays in supporting a competitive economy was not lost on policymakers. With a strong emphasis on the natural sciences, efforts were made to improve primary and secondary-level enrollment in schools and boost the proportion of university graduates across the country.
A remarkable job of this was done through aggressive spending on social capital, especially in the expansion and establishment of higher-learning institutions. Over 100,000 university graduates are expected to enter the labour market this year alone, graduating from no less than 42 public universities.
Unfortunately, productivity did not increase by any measurable means. Lack of skilled labour force remained one of the most consistently cited reasons for Ethiopia’s lack of economic competitiveness. The World Bank noted, in its 1988 report in Ethiopia economy, lack of productivity is what had ailed growth. It echoed the same conclusion in its report in 2018. Worse, as large swaths of university-graduates remained unemployed or under-employed, and expectations turned into frustrations, the economic ailment has transformed into a political crisis.
PUBLISHED ON
Jan 05,2020 [ VOL
20 , NO
1028]
News Analysis | Jan 05,2020
News Analysis | Jan 05,2020
Fortune News | May 04,2024
Commentaries | Aug 25,2024
Agenda | Oct 08,2022
Dec 22 , 2024 . By TIZITA SHEWAFERAW
Charged with transforming colossal state-owned enterprises into modern and competitiv...
Aug 18 , 2024 . By AKSAH ITALO
Although predictable Yonas Zerihun's job in the ride-hailing service is not immune to...
Jul 28 , 2024 . By TIZITA SHEWAFERAW
Unhabitual, perhaps too many, Samuel Gebreyohannes, 38, used to occasionally enjoy a couple of beers at breakfast. However, he recently swit...
Jul 13 , 2024 . By AKSAH ITALO
Investors who rely on tractors, trucks, and field vehicles for commuting, transporting commodities, and f...
Sep 13 , 2025
At its launch in Nairobi two years ago, the Africa Climate Summit was billed as the f...
Sep 6 , 2025
The dawn of a new year is more than a simple turning of the calendar. It is a moment...
Aug 30 , 2025
For Germans, Otto von Bismarck is first remembered as the architect of a unified nati...
Aug 23 , 2025
Banks have a new obsession. After decades chasing deposits and, more recently, digita...