
May 27, 2025
Ethiopia presents a unique case among developing countries, having combined major social welfare programs with an East Asian-style development-state approach to investment. However, it differs from its East Asian counterparts in two key areas: it has not maintained decades of uninterrupted political stability, nor has it implemented a comprehensive land reform. Even so, its experience illustrates both the strengths and weaknesses of the East Asian development model. Despite a d ...