best answer > Is Ethiopia considered a developed country?- QuesHub | Better Than Quora
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  • Julian Cooper——Works at the International Finance Corporation, Lives in Washington, D.C., USA.

    As an expert in international development and economics, I can provide an informed perspective on the status of Ethiopia in terms of development. When classifying countries as "developed" or "developing," several factors are typically considered, including but not limited to economic indicators such as GDP per capita, industrialization, infrastructure, healthcare, education, and technological advancement. It's important to note that these classifications are not absolute and can be subjective, often reflecting the perspective of the evaluator and the criteria they prioritize.

    Ethiopia, located in the Horn of Africa, is often categorized as a developing country. This classification is largely due to its economic and social indicators. Here are some key points to consider:


    1. Economic Performance: Ethiopia has one of the lowest GDP per capita figures globally, indicating a large portion of the population lives in poverty. However, it has experienced significant economic growth in recent years, with a focus on sectors like agriculture and services.


    2. Human Development Index (HDI): The HDI, a statistical measure by the United Nations Development Programme (UNDP), combines life expectancy, education, and income indicators. Ethiopia's HDI ranking is relatively low, which aligns with its status as a developing country.


    3. Industrialization: While Ethiopia has made strides in industrialization, particularly with the construction of the Grand Ethiopian Renaissance Dam and efforts to diversify its economy, it still has a predominantly agrarian economy with a large portion of the population engaged in subsistence farming.


    4. Infrastructure: The country has been investing in infrastructure, including transportation networks and telecommunications, which are crucial for economic development. However, there is still much work to be done to reach the levels found in developed countries.


    5. Healthcare and Education: Access to healthcare and education is improving but remains limited, particularly in rural areas. The government has made efforts to increase enrollment in schools and improve healthcare services, but challenges such as funding and distribution persist.


    6. Poverty and Hunger: Ethiopia has high rates of poverty and malnutrition, which are key indicators of underdevelopment. The government and international organizations are working to address these issues through various programs and initiatives.

    7.
    Political Stability and Security: Political stability is crucial for development. While Ethiopia has faced internal conflicts and challenges, recent efforts at political reform and opening dialogues have shown promise for a more stable future.

    8.
    International Aid and Investment: Ethiopia relies heavily on international aid and investment to support its development efforts. The country has been successful in attracting some foreign direct investment, particularly in the manufacturing and textile sectors.

    9.
    Progress and Challenges: It's important to acknowledge the progress Ethiopia has made, such as increasing literacy rates and reducing child mortality. However, the country still faces significant challenges in achieving sustainable development and improving the standard of living for all its citizens.

    In conclusion, while Ethiopia has made significant progress in various areas, it is still considered a developing country based on the criteria typically used to evaluate such classifications. The country's future development will depend on its ability to continue economic growth, improve social indicators, and address the challenges that come with rapid change.

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    +149932024-05-11 02:32:28
  • Mia Patel——Studied at the University of Lagos, Lives in Lagos, Nigeria.

    Ethiopia is one of the twenty poorest countries on earth, but has made great strides in developing its economy in the last 15 years. If Ethiopia is not a 'developing country', no country could be.read more >>
    +119962023-06-17 11:50:29

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