Re:Ethiopia is now Africa's fastest growing economy
by omegaworks on Monday May 21, 2018 @03:20PM
(#17121001)
>Trade and reducing poverty or hunger are not at odds.
This is a statement that is not necessarily true on its face.
When the country's currency is gradually inflated away to worthlessness [1] and economic prospects are limited for non-landowning classes of people, trade and reducing poverty can indeed be at odds. You need only look at history [2] to see the real effect imperialist export policies can have on a population.
This is a statement that is not necessarily true on its face.
When the country's currency is gradually inflated away to worthlessness [1] and economic prospects are limited for non-landowning classes of people, trade and reducing poverty can indeed be at odds. You need only look at history [2] to see the real effect imperialist export policies can have on a population.
1. https://www.xe.com/currencycharts/?from=USD&to=ETB&view=10Y 2. https://en.wikipedia.org/wiki/Great_Famine_(Ireland)