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Africa

Dr Maximilian Martin

Ethiopia is now the fastest growing economy in Africa with a GDP growth rate of over ten percent in the last decade. The logical next step is to ask how Ethiopia can become a middle income country. Most of the economic growth of the country in the past decade has been driven by public investment. This ‘big push’ has achieved considerable success—but it has also risked crowding out private investment.

 Global aid down 10% since 2010

New figures released by UNESCO’s Education for All (EFA) Global Monitoring Report ahead of the Global Partnership for Education’s Replenishment Pledging Conference in Brussels between 25th and 26th of June, revealed between 2011 and 2012, aid to education  fell by US$42 million in Ethiopia. Within that, aid to basic education in Ethiopia fell by $23 million.