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Is Ethiopia faking economic growth stats?
murchr
#41 Posted : Monday, February 03, 2020 9:56:42 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
tycho wrote:
murchr wrote:


The year 2011 ET created 1.18 Million jobs. FYI they are in the year 2012 Since Sept 2019


There might be nothing significantly important when a comparison is done with Kenya. Kenya might even be performing better with the 840K jobs said to be created in 2018.



Look at the charts and come back with yours. Job creation in Kenya went down significantly last year
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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tycho
#42 Posted : Monday, February 03, 2020 1:47:46 PM
Rank: Elder


Joined: 7/1/2011
Posts: 8,804
Location: Nairobi
@Murchr, I can appreciate it when you say that the job creation trend for Ethiopia has been stronger relative to Kenya, given a scale. But that would also mean that if there's a 'drop' then a curve is generated below an ideal. Does such an ideal exist, in fact?

Pardon me, but I have been trying to wrap my head around statistics, and then coincidentally I discover that Session paper no. 10 (1965) pegs our political ideas and actions on growth: meaning statistics.

And in fact, the argument that you appear to be presenting is that Kenya hasn't performed so well in terms of growth as prescribed under an ideal that is preferably described under the session paper (I didn't see a figure prescribing growth in the paper).

But I'll get to a desktop soon and work on the Kenya versus Ethiopia charts.
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