Ethiopia's Economic Miracle is Running Out of Steam
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Just over 30 years ago, Ethiopia's famine regularly made the news. Gruesome accounts of up to a million deaths stemming from drought and civil war captured the attention of aid agencies, sympathetic governments, and humanitarian groups around the world. Contrast that with the past decade, when Ethiopia averaged an economic growth rate of slightly better than 10 percent. the about-face has been so dramatic that some seasoned observers have gone so far as to call Ethiopia's progress an economic miracle, dubbing the country an "African lion" whose success recalls that of Asia's economic tigers.
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