Publications /
Policy Brief

Back
Abiy Ahmed’s ‘Medemer’ reforms: Can it ensure sustainable growth for Ethiopia and what are the challenges facing the new government?
March 5, 2019

Since coming to power on April 2018, Dr. Abiy seems to be unstoppable, making the world headlines on many occasions. He has embarked the country on an ambitious and transformative project; he has freed thousands of prisoners and established a Reconciliation Commission, has called on the privatization of state-owned enterprises and signed a stunning peace treaty with Eritrea. Furthermore, in a complete shift from the old paradigm of developmental state, the new PM outlined his renewed vision for the country’s development at the World Economic Forum (2019), which he said are deeply rooted in the concept of Medemer (meaning coming together or synergy in Amharic). Yet, with the next elections planned for 2020, change is pressing in Ethiopia and the new administration has to step on the accelerator to implement the promised radical reforms. This paper presents the key reforms outlined by the new prime minister and the main challenges facing Abiy Ahmed’s government.

RELATED CONTENT

  • August 2, 2023
    China is the largest developing country. Africa is the continent with the largest number of developing countries. The China-Africa economic relationship has developed rapidly over the last two decades. China has increased its investment in Africa over the last four decades. Flows surged from $75 million (2003) to $5 billion (2021). This has had both positive and negative impacts on Africa. Infrastructure improvement, job creation, and overall economic growth can be listed as positiv ...
  • July 20, 2023
    Artificial intelligence (AI) is playing an increasingly important role in our daily lives. Having experienced considerable growth in recent years, artificial intelligence corresponds to technologies capable of processing hybrid sources, particularly unstructured data. Complex tasks are thus delegated to increasingly autonomous technological processes, capable of driving economic and social development. In current African society, AI is becoming more popular and seeking to cover all ...
  • June 27, 2023
    تعتبر مجموعة "بريكس" تكتلا اقتصاديا عالميا بدأت فكرة تأسيسه في شتنبر 2006، حينما عُقد أول اجتماع وزاري لوزراء خارجية البرازيل وروسيا والهند والصين على هامش أشغال الجمعية العامة للأمم المتحدة إضافة إلى انضمام جنوب أفريقيا رسميا سنة 2011. حيث أصبحت مجموعة بريكس أحد أهم التكتلات الاقتصادية...
  • June 09, 2023
    In this podcast episode, we delve into the complex and diverse topic of migration and integration in Atlantic Latin America. As we explore the historical events and patterns of migration ...
  • Authors
    May 15, 2023
    In the face of oil production cuts by Saudi Arabia and some OPEC members, the energy supply is shrinking again. This is in response to fears of an impending recession, higher inventories in some key countries, and an attempt to keep prices at a certain level. Turning to renewables is now essential to reduce dependence and increase resilience to energy insecurity, while non-renewable energy sources continue to show signs of unpredictability and harmful dependence. Economic outlooks v ...
  • May 09, 2023
      على ضوء الاجتماعات السنوية لمجموعة البنك الدولي وصندوق النقد الدولي في التقرير الأخير لصندوق النقد الدولي حول آفاق الاقتصاد العالمي، والذي يطبعه القلق الزائد في ظل اضطرابات القطاع الم ...
  • May 8, 2023
    In March 2023, the brutal demise of the Silicon Valley Bank (SVB) was the first to happen as a result of the hiking of interest rates that central banks started implementing from late 2021 onwards. Although the Federal Deposit Insurance Corporation (FDIC), a US government corporation pr...
  • May 2, 2023
      على ضوء الاجتماعات السنوية لمجموعة البنك الدولي وصندوق النقد الدولي في التقرير الأخير لصندوق النقد الدولي حول آفاق الاقتصاد العالمي، والذي يطبعه القلق الزائد في ظل اضطرابات القطاع المالي والتضخم المتزايد والآثار المستمرة للاجتياح الروسي لأوكرانيا، بالإضافة إلى العواقب الاقتصادية الم...
  • Authors
    April 27, 2023
    Recent initiatives and policy moves by China and other countries to extend the reach of use of the renminbi in the international monetary system, while the U.S. dollar share in global reserves has slightly shrunk in relative terms, have sparked frequent discussions about a hypothetical “de-dollarization” of the global economy. We approach here what that would mean in terms of global currency functions as means of payment and store of value. While we point out a relative decline of ...