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Is Ethiopia faking economic growth stats?
Lolest!
#11 Posted : Monday, January 04, 2016 9:04:50 AM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Alba wrote:
I am not sure you can fool any large scale investors. If you are a big corporation, your board of directors demand due diligence.

Typically investors are looking for certain things such as existing infrastructure, cheap electricity, security, low crime rate, an existing customer base, educated workforce, transparency, accountability etc. These aspects are difficult to fake.

Lets fix our issues instead of pointing jealous fingers at Ethiopia. Start by voting on issues like security, good governance and corruption instead of tribal based voting.


OK. Like the article was written by a Kenyan.
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innairobi
#12 Posted : Monday, January 04, 2016 1:03:08 PM
Rank: Member

Joined: 9/2/2010
Posts: 845
i dont think their growth stats are fake. but ethiopia is coming from an extremely low base so will take a while before the entire country starts feeling the effects. what i think is obviously fake is their revised poverty stats. there is no way in hell ethiopia's poverty rate can be in the 20s percent.
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Swenani
#13 Posted : Monday, January 04, 2016 3:07:03 PM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
innairobi wrote:
i dont think their growth stats are fake. but ethiopia is coming from an extremely low base so will take a while before the entire country starts feeling the effects. what i think is obviously fake is their revised poverty stats. there is no way in hell ethiopia's poverty rate can be in the 20s percent.


It can be 20 % maybe 80%, considering that out of a population of 100M, 15 Million are currently facing starvation due to the famine
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kaka2za
#14 Posted : Monday, January 04, 2016 3:37:26 PM
Rank: Elder

Joined: 10/3/2008
Posts: 4,058
Location: Gwitu
I truly believe the economic growth is real. What worries me is imprisonment and butchering of university students and marginalization of the Oromo.
Truth forever on the scaffold
Wrong forever on the throne
(James Russell Rowell)
Alba
#15 Posted : Monday, January 04, 2016 4:19:53 PM
Rank: Elder

Joined: 12/27/2012
Posts: 2,256
Location: Bandalungwa
Lolest! wrote:
Alba wrote:
I am not sure you can fool any large scale investors. If you are a big corporation, your board of directors demand due diligence.

Typically investors are looking for certain things such as existing infrastructure, cheap electricity, security, low crime rate, an existing customer base, educated workforce, transparency, accountability etc. These aspects are difficult to fake.

Lets fix our issues instead of pointing jealous fingers at Ethiopia. Start by voting on issues like security, good governance and corruption instead of tribal based voting.


OK. Like the article was written by a Kenyan.


No but this thread was started and contributed to by Kenyans
kaka2za
#16 Posted : Monday, January 04, 2016 4:24:43 PM
Rank: Elder

Joined: 10/3/2008
Posts: 4,058
Location: Gwitu
Alba wrote:
Lolest! wrote:
Alba wrote:
I am not sure you can fool any large scale investors. If you are a big corporation, your board of directors demand due diligence.

Typically investors are looking for certain things such as existing infrastructure, cheap electricity, security, low crime rate, an existing customer base, educated workforce, transparency, accountability etc. These aspects are difficult to fake.

Lets fix our issues instead of pointing jealous fingers at Ethiopia. Start by voting on issues like security, good governance and corruption instead of tribal based voting.


OK. Like the article was written by a Kenyan.


No but this thread was started and contributed to by Kenyans


Am not Kenyan. Am Albanian like you.
Truth forever on the scaffold
Wrong forever on the throne
(James Russell Rowell)
nakujua
#17 Posted : Monday, January 04, 2016 7:40:27 PM
Rank: Elder

Joined: 12/17/2009
Posts: 3,583
Location: Kenya
kaka2za wrote:
I truly believe the economic growth is real. What worries me is imprisonment and butchering of university students and marginalization of the Oromo.

Might be a case of the sacrificial lamb, the red Indians, the aborigines, the black americans, the mau mau
Alba
#18 Posted : Monday, January 04, 2016 8:16:55 PM
Rank: Elder

Joined: 12/27/2012
Posts: 2,256
Location: Bandalungwa
kaka2za wrote:


Am not Kenyan. Am Albanian like you.


I am glad to meet a fellow Albanian


Sa kohë keni qenë në wazua?
Alba
#19 Posted : Monday, January 04, 2016 8:20:03 PM
Rank: Elder

Joined: 12/27/2012
Posts: 2,256
Location: Bandalungwa
kaka2za wrote:
I truly believe the economic growth is real. What worries me is imprisonment and butchering of university students and marginalization of the Oromo.


I think almost all Ethiopian track athletes are Oromian. They should not mistreat these people lest the runners defect en masse to Qatar and Bahrain.


quicksand
#20 Posted : Monday, January 04, 2016 8:29:47 PM
Rank: Veteran

Joined: 7/5/2010
Posts: 2,061
Location: Nairobi
Alba wrote:

I am not sure you can fool any large scale investors. If you are a big corporation, your board of directors demand due diligence.

Typically investors are looking for certain things such as existing infrastructure, cheap electricity, security, low crime rate, an existing customer base, educated workforce, transparency, accountability etc. These aspects are difficult to fake.

Lets fix our issues instead of pointing jealous fingers at Ethiopia. Start by voting on issues like security, good governance and corruption instead of tribal based voting.


It has been done before. Goldman Sachs allegedly finagled Greece's economic numbers prior to its joining the Euro. That doctored outlook may have played a role with some creditors when they decided to buy Greece's junk debt.
There could be a case of disparity between what is on paper and the reality on ground. I remember reading an analysis on the interwebs that said that to gauge the warmth of a countries economy, take a drive in its prominent urban areas. This was in reference to India and China where there is a lot of new infrastructure (buildings etc etc), and while the towers look impressive on a fly-by, the are dark and un-inhabited at night,...telling a different story of tenants not being able to take them up...ergo slower growth than appears on paper. Narrow point, but still goes to show ..
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