Author : Paul B. Henze
Publisher : RAND Corporation
ISBN 13 :
Total Pages : 148 pages
Book Rating : 4.F/5 ( download)
Book Synopsis Ethiopia, Crisis of a Marxist Economy by : Paul B. Henze
Download or read book Ethiopia, Crisis of a Marxist Economy written by Paul B. Henze and published by RAND Corporation. This book was released on 1989 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report analyzes and reproduces a critique of the Ethiopian economic crisis written in 1985 by Soviet State Planning Commission (GOSPLAN) advisers to the Ethiopian government. Between 1974 and 1984, grain production fell from 172 to 146 kg per year, exports declined 67 percent, and military spending rose from 49 percent to 59 percent of the national budget. In the face of this drastically deteriorated economic situation, the GOSPLAN advisers recommended a "new economic policy," i.e., a temporary return to greater economic freedom, to ease the transition from capitalism to socialism. The GOSPLAN report ignores the burden that increased military expenditures and continued military operations place on the economy; moreover, it gives no hint that Moscow might increase its economic aid. The Ethiopian leadership, meanwhile, has failed to take advantage of the Soviet recommendations to slow the collectivization of agriculture, and the private sector in trade and industry operates under severe restrictions and the threat of further nationalization. More and more of the economy is slipping underground, out of regime control.
