By Habtamu Alebachew Ethiopia's growth rate for the year 2012/2013 was 8.5% lower by about an average of 3% from previous records in the decade. On this serious issue of concern, Primer Hailemariam Desalegn said the rate was unacceptable though it was still a good record as a state leader without specifying the key actors … Continue reading The Context of Rent Seeking/Collection in Ethiopia- Part-II
By Habtamu Alebachew With the key definition of 'rent-seeking behavior as intention and practice to gain and collect more benefits from development but as a reward for unequally smaller, little or no contribution at individual and group level to the development effort' kept on the note, it has its own distinct features that need more … Continue reading The Context of Rent Seeking/Collection in Ethiopia – Part-I
By Habtamu Alebachew Thirdly, there are also structural differences in the types and extents of victims of rent seeking/ collection in the West versus Ethiopia. In Britain, a country of a big mass of civil society, the capitalist class paid the first painful burdens of rent seeking followed by the state, which lost a good … Continue reading Can the theory of rent seeking that was developed with the American sociocultural and socio-economic construct as its bases explain the nature of rent seeking behavior in Ethiopia? Part-II
By Habtamu Alebachew Firstly, there are fundamental historical and temporal differences between rent seeking/collection in the West and in Ethiopia. In England, for example, controversies aside, the term 'rent' came into academic vocabulary first by the famous economist David Ricardo. Ricardo formulated his 'theory of rent' after he observed a massive transfer of rural farmlands … Continue reading Can the theory of rent seeking that was developed with the American sociocultural and socio-economic construct as its bases explain the nature of rent seeking behavior in Ethiopia?