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Economy
January 22nd, 2009 by thesuper

Main article: Economy of Ethiopia
Ethiopia’s economy is based on agriculture which accounts for 45 of Gross Domestic Product, 90 of exports and 80 of the workforce. The main product is the cafe for nearly integrity in its export of living directly or indirectly 25 of the population. This high volume, coupled with the variability of international coffee prices, mean that the balance of export is very vulnerable
The processes of drought, compounded in the 80s of the twentieth century, turned large tracts of land under cultivation in arid and semi-arid, partly because of the weather, partly by cutting down trees for firewood. Population displacement and refugees during the war with Eritrea multiple facilitated the settlement of large number of stocks in areas with little agricultural and livestock resources, causing famine and persistent degradation of the soil has not been recovered. At present, after the signing of a definitive peace with Eritrea, the number of people dependent on aid for indoor or outdoor survival has been reduced from 4.5 million in 1999 to 2.7 million people 2003.
As for mining, Ethiopia has reserves of gold and tantalum, as well as marble, potash, iron ore and natural gas. The holdings of the latter have suffered seizures and several ups and downs in the course of many armed conflicts in 2002.
The high level of dependence on the energy sector (oil) and heavy military spending, the economy still weak, which presents the second major area of the country involved. The tense relationship with Eritrea prevents the use of the Eritrean ports of Assab and Massawa, leaving Djibouti to the sea of products Ethiopians.
It is currently developing a business plan based on the increased use of hydropower, natural gas exploitation, the recovery of agricultural areas and the diversification of economic activities within an economy still very centralized and dependent on the public sector and foreign aid.
In the period 2003-2005 the Ethiopian economy has grown more than 10 , although growth has been uneven across regions. The perimeter of the capital has grown by 13 in two consecutive years, the southern states and West have grown an average 8 , while the eastern states have grown less intense and the northern regions have experienced a debacle of economic activity, owing to geopolitical tensions with Sudan and Eritrea. Emphasizes improving the balance of export animated mainly by increased exports to Egypt.


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