Ethiopia Economy

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Entries Tagged as 'Economic policies'

Agriculture -Led –Industrialization (ADLI): The New Economic Policy of Ethiopia

10,730 Comments · Economic policies

Based on the new economic policy, the Ethiopian government formulated a long-term economic development strategy known as -Agriculture -Led -Industrialization which is devised towards the renovation of the backward economic structure. It is a two-sided strategy, integrating:

• on one side the external sector (export -led part) and
• on the other the internal sector which explains the forward and the backward -relationship between agriculture and industry

In other words, agriculture will provide commodities for exports, domestic food supply and industrial output; and enlarge market for domestic manufactures. The mining sector is anticipated to give a momentum to the development of the export sector.

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