World Bank Says the truth about Ethiopia

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World Bank Says the truth about Ethiopia

World Bank Says the truth about Ethiopia

Dr. Ismail Gorse  1-27-15

Professor Alemayehu G Mariam wrote an article that he is criticizing the World Bank that praises Ethiopia has reduced 33 percent of poverty since 2000.  As one of Ethiopian in Diaspora who follows the writings of Dr. Al I could not figure out how on earth that he is against anything that put Ethiopia on the limelight or map. Does he know that Africa is moving in the right direction and surpassing in terms of growth the European in the last five years and Ethiopia, Ghana,   and South Africa are the leaders in this economic prosperity?

We are in an era that the world is questioning the inequality that exists in the planet. China, India, Brazil and Russia are challenging the Western in cooperating and collaborating with Africa. Africa is not the land where you can exploit its raw material, but a home of close to one billion consummers and the fast economic growth in the last decade.

Last week, one of the leading writers in Western world stated that the architects of the crisis-ridden international economic order are starting to see the dangers in the west economic system. It’s not just the maverick hedge-funder George Soros, who likes to describe himself as a class traitor. Paul Polman, Unilever chief executive, frets about the “capitalist threat to capitalism”. Christine Lagarde, the IMF managing director, fears capitalism might indeed carry Marx’s “seeds of its own destruction” and warns that something needs to be done.

 He added that the scale of the crisis has been laid out for them by the charity Oxfam. Just 80 individuals now have the same net wealth as 3.5 billion people – half the entire global population. Last year, the best-off 1% owned 48% of the world’s wealth, up from 44% five years ago. On current trends, the richest 1% will have pocketed more than the other 99% put together next year. The 0.1% have been doing even better, quadrupling their share of US income since the 1980s.

Moreover,  Alemarian argues that Ethiopians have been the object of a cruel bureaucratic joke by the World Bank. Last week, an official investigative report surfaced on line showing World Bank bureaucrats in Ethiopia have been playing “Deception Games” of displacement, deracination, forced resettlement and a kinder and gentler form of ethnic cleansing in the Gambella region of Western Ethiopia. Tens of thousands of Anuaks in Gambella have been removed illegally and in violation of policy from their ancestral homelands and left high and dry and twisting in the wind, courtesy and cash of the World Bank!


He has distroted information that the socalled human rights  and NGO's are entertaining in what is going in Ethiopia, however, he is far from reality in general and what EPRDF has achieved in the last two decades that they have been in power seat. Having closed your eyes on the reality at the grounds , Al will not bring solution and perspective to the oppositions that are competing with EPRDF in the upcoming election , but  he should advise them to come up a program that will surpass EPRDF in terms of its economic achievement, security, peace  and prosperity than sleeping in a bed with the rogue goverment in Eritrea that is the source of 1000 refugees a month. Then and then only one would challenge EPRDF in the political arena, the rest of brouhaha is the old music that mayhem, chaos and misery of old Ethiopia that he left 40 years that ESAT and ErTV are bombarding and recycling as if they would get to the Aratkilo. 

 



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