As a layman and blind to the concept you are talking about, your approach took my attention. Your teaching experience has molded you to be a real pedagogist!! 👏👏👏👏👏
That was a wonderful and timely presentation. In the end, our option is to expand our export base. The whole theory is based on the assumption that there is peace and citizens are moving freely anywhere. This assumption does not hold, and it will take some time. The government expenditure on unproductive sectors matters a lot to bring the exchange rate parity. Thank you.
❤ Amazing step. I pray in the right direction. Coming back soon, God willing. Thanks for this amazing explanation for a far. U.S. is going thru a transformation, and so are: myself included.
Tightening policy (decreasing the money supply) actually promotes imports and reduces exports because it makes the ETB stronger compared to other currencies.
Government must consider 4 economic policies 1) Domestic Fiscal policy 2)Abroad Fiscal policies 3)Restrictions of Imports by trade policy 4)Increase in domestic Investment demand
Bro can you gave us couple of year it's to hard explain Ethiopian economy Government interfere everywhere bro so it's to hard forecasting what is happening. Theoretically you are perfectly right I don't have any issues, so give us time then we will talk
Brother you have a decificiency of tangeble information about the Ethiopian economy. Ethiopia is not as you explain her. Go and visit what going on in Ethiopia at the moment.
Brother as you said inorder to open the valve of the Buanbua import substitution is crucial but how is it possible to substitute Fertilizer and petroleum since these 2 items take the lion's share of import .The other thing is in your presentation you haven't touched the fate of dollar in the coming near future since dedollarization is on the horizon. Thirdly what about Ethiopian membership in BRICS camp and its impact towards dollar itself .What about the plan to inject crypto currency in the market ? Finally there are some studies that suggest that the entire world economy is swimming in a debt pool of 94 Trillion dollars .hence economic collapse is going to be inevitable in the world. Let's focus to our spiritual life and ignore to talk about the unfixable toxic world fate .
@@introductiontoprogrammingw7697 I wish i am wrong but you will see it soon. We have corrupted government snd corrupted constitution. We are under civil war.
You put theory right and I don't see any issue with that. However this theory works well if there is responsible government. If government is wasting money, then how come we can have a positive balance of payment. Another issue, you believe IMF works comes to fix a country's economic problem but that never happens. It usually happens at the expense of population.