Ethiopia: 2012 Index of Economic Freedom
16 January, 2012 | The Heritage Foundation
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Saharan Africa region, and its overall score is slightly below the
regional average.
Progress toward greater economic freedom has been very uneven,
and Ethiopia underperforms in many critical policy areas. The
absence of an independent and fair judiciary weakens the rule of
law and undermines prospects for long-term sustainable economic
development. Corruption is pervasive, and the efficiency of
government services is poor.
Weak regulatory frameworks and a lack of economic infrastructure
impede expansion and diversification of the productive base. Open-
market policies have been marginally advanced, but tariff and non-
tariff barriers constrain the freedom to trade and the benefits
derived from it. Lack of access to financing precludes
entrepreneurial growth, and the investment regime lacks
transparency.
BACKGROUND
Prime Minister Meles Zenawi, in office since 1991, won a landslide
victory in May 2010. His Ethiopian People’s Revolutionary
Democratic Front claimed to win all but two seats in parliament, but
the opposition claims that the political environment is oppressive
and that the government engages in intimidation tactics. Following
war with Eritrea in the late 1990s, a U.N. peacekeeping mission
was established on the border. The mission was terminated in
2008, but relations between the two countries remain tense.
Ethiopia invaded Somalia in support of Somalia’s transitional
federal government in 2006 and...Read the entire report
. Courtesy
16 January, 2012 | The Heritage Foundation
-------------------------------------------------------------------
- Ethiopia’s economic
freedom score is 52.0,
making its economy the
134th freest in the 2012
Index. Its overall score is
1.5 points higher than last
year, reflecting
improvements in four of the
10 economic freedoms
including investment
freedom and monetary
Saharan Africa region, and its overall score is slightly below the
regional average.
Progress toward greater economic freedom has been very uneven,
and Ethiopia underperforms in many critical policy areas. The
absence of an independent and fair judiciary weakens the rule of
law and undermines prospects for long-term sustainable economic
development. Corruption is pervasive, and the efficiency of
government services is poor.
Weak regulatory frameworks and a lack of economic infrastructure
impede expansion and diversification of the productive base. Open-
market policies have been marginally advanced, but tariff and non-
tariff barriers constrain the freedom to trade and the benefits
derived from it. Lack of access to financing precludes
entrepreneurial growth, and the investment regime lacks
transparency.
BACKGROUND
Prime Minister Meles Zenawi, in office since 1991, won a landslide
victory in May 2010. His Ethiopian People’s Revolutionary
Democratic Front claimed to win all but two seats in parliament, but
the opposition claims that the political environment is oppressive
and that the government engages in intimidation tactics. Following
war with Eritrea in the late 1990s, a U.N. peacekeeping mission
was established on the border. The mission was terminated in
2008, but relations between the two countries remain tense.
Ethiopia invaded Somalia in support of Somalia’s transitional
federal government in 2006 and...Read the entire report
. Courtesy
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