How is ETHIOPIA Escaping POVERTY? – VisualPolitik EN

Ethiopia has an image problem. For years,
this gigantic country, the second most populated in all of Africa, with almost 100 million
inhabitants, was a synonym for extreme poverty, hunger, disease, wars… in short…. true
misery. However, in the new century… everything
began to change… Even though Ethiopia is still a very poor
country, in the last decade it has become one of the fastest growing economies, not
only in Africa but in the world. At the same time, it has grown very close
to Beijing and has also become a close ally to the United States in the fight against
terrorism. Why have a single friendship if you can have
both? The fact is that we’re probably witnessing,
nothing more or less than the birth of a future African power. And that’s more than enough reason to ensure
that we, here on VISUALPOLITIK, won’t want to miss what’s happening in the country
that many are already calling the “new African China”. Listen up. (INTRO) After decades of tension, hostility and confrontation
– before and after Eritrea gained independence from Ethiopia in 1993 – on July 9th, 2018,
both countries signed a declaration for peace. And we should remember that during this long
confrontation between Ethiopia and Eritrea, there were moments and events as tragic as
the military conflict that between 1998 and the year 2000 ended the lives of almost 100,000
people. Now, the leaders of both countries have agreed
to sign for complete peace: (“We had agreed to resume the services of
our airlines, to get our ports working, to get our people to trade and to open our embassies
again. […] There is no longer a border between Eritrea and Ethiopia because a bridge of love
has destroyed it.” Abiy Ahmed, Ethiopia’s prime minister.) But… of course, the question remains…
What has led these two countries to suddenly like each other so much? Well, my friends, even though it may seem
incredible, one of the problems that prevented reconciliation was this village that you see
in the image, Badme, a place where there’s practically nothing at all. And see… based on the peace agreements that
were negotiated in Algiers in the year 2000, to end the last war, this territory belongs
to Eritrea… but in the end the Ethiopian government realized that this didn’t work
for them, so those peace agreements didn’t really go anywhere… until now. Now, Ethiopia, the stronger country between
the two – after all we’re talking about 100 million people against just over 5 – has
decided to give up… Because dear viewers, in many occasions persisting
just to look stronger is a mistake that’s bad for everyone. There’s nothing to gain
and much to lose. In any case, this peace is a good reflection
of the changes that are taking place. Listen up because this may surprise you. (A CHINESE MODEL?) In recent years, Ethiopia has become one of
the fastest growing economies on the planet. During the last decade, Ethiopia has averaged
a growth rate of around 10% per year. For example, check out the following graphic. Here we can compare Ethiopia’s GDP growth
per capita with that of another rapidly growing country: Vietnam. And watch out, because Ethiopia’s population
growth is huge… and we’re talking about GDP per capita. But… just a moment, we’re not just talking
about the economy. As you can imagine all this growth has also had some important social
consequences. Which is something that sooner or later always
happens when a country grows, opens up to the world and does things right. Since the year 2000 the average life expectancy
has increased by 13 years; the number of workers with at least a completed secondary education
has grown by almost 50% and poverty…. Well… look at what’s happening with poverty. Yes, I know, even today there’s a lot of
poverty in Ethiopia. With a simple Google search we can find terrible
situations in this country… but, folks, let’s talk clearly, overcoming poverty isn’t
something that happens overnight… I wish it were that easy. In any case, Addis Ababa, the country’s
capital, is a good reflection of the process Ethiopia is experiencing. Cranes, works and
projects of all kinds are flooding the city. In fact, it was here, in this city that the
first light subway in sub-Saharan Africa was inaugurated in 2015. But of course, having reached this point…
the question that remains is clear: How on earth has Ethiopia achieved such an economic
leap? Well… we could say that this country has
become something like Beijing’s outstanding pupil. Their growth has largely been led by essentially
copying the Asian giant. See, on the one hand, the Ethiopian government
has promoted the construction of enormous infrastructure projects that are essential
for the country’s development. We’re speaking, for example, of a railway
line costing more than 4 billion dollars that connects Addis Ababa with the Djibouti port
– to facilitate merchandise exports – or the greatest project in all of Africa: the
Grand Ethiopian Renaissance Dam; a giant dam on the Nile River that required
an investment of around 6 billion dollars and whose mission was to revolutionize the
country’s energy system with abundant and cheap electricity. By the way, do you know who gave the investment
and knowledge for these projects? Well, surely those of you who follow VISUALPOLITIK won’t
be surprised. To a large extent, it was China, Chinese companies… In fact, China has become Ethiopia’s biggest
investor and trading partner. In other words, a large part of the country’s growth has
been due to its ties with China. The second pillar of Ethiopia’s growth is
that little by little large state-owned companies began to operate with enough autonomy and
to manage themselves as if they were private companies. This is the case, for example, of Ethiopian
Airlines, the country’s flag carrier… which has become the largest African airline
and now intends to compete internationally with the biggest airlines in the industry. (“Even though Ethiopian Airlines is 100%
state-owned, it’s run like a business: The board runs it as if it’s British Airways
or United Airlines.” Zemedeneh Negatu, chairman of Fairfax Africa Fund LLC) And finally, the third pillar: the attraction
of foreign direct investment through the development of economic zones, fiscal incentives, participative
financing, etc., etc. Take a look at how foreign investments have
evolved: This is how Ethiopia has begun to industrialize…
Largely because of all these policies and also thanks to the cost of labor, an industry
that has grown a lot in recent years has been textiles. In fact, brands such as H & M, Guess, Tommy
Hilfiger and Calvin Klein already produce some of their garments in this country. But… Unfortunately, that’s not all. Their
similarities with China aren’t limited to the economic part. At the same time that the country was experiencing
an economic take-off… the repression of civil liberties became stronger and stronger:
the media was broadly restricted, political opposition was persecuted, websites were blocked,
etc., etc. In recent years, this country became one of
the 10 biggest journalist jailers in the entire world. The Ethiopian government virtually
locked up, forced into exile or intimidated almost every independent journalist. In other words, Ethiopia practically reached
a situation in which there were no journalists, only government spokesmen. But… folks, just a moment… because now,
suddenly, it looks like everything has begun to change. Listen up. (A NEW GENERATION) At the beginning of 2018 Ethiopia was mired
in a wave of violence, racial clashes and political repression that threaten the country’s
stability with absolute collapse. And, although economically things have worked
out quite well in recent years, there have also been some imbalances: a rather large
foreign debt; a great shortage of foreign currency as a result of large investments
and population grown, a very high youth unemployment rate. Indeed many were wondering if what Ethiopia
had gone through in recent years had been nothing but a mirage. However, against all odds… after a hard
power struggle… the ruling party, the Ethiopian People’s Revolutionary Democratic Front – in
practice the only party – elected Prime Minister Abiy Ahmed, a 42-year-old former
army officer. Not much was expected… but within just a
few months… boom, how things have changed!: See, since he came to power, Abiy Ahmed has
released many political prisoners; he has apologized for the government’s abuses;
he’s denounced senior officials of the intelligence services and the security forces for having
committed state terrorism; he’s promoted the Peace Agreement with Eritrea;
he’s announced a modification to the Constitution to establish the limitation of mandates and
he’s begun to dismantle political censorship and ask exiled journalists to return home. (“Ethiopia unblocks 264 websites and TV
channels” AFRICANEWS) And not only that, he has also announced that
the government will deepen the liberalization of the economy to attract more investment
to the country. (Ethiopia Opens Door to the World With Unprecedented
Privatization Plan. Wall Street Journal) Of course… as you can imagine, all these
changes haven’t been great for the country’s elite… and their answer didn’t take long
to come. (“Ethiopian PM escapes grenade attack, one
dead, scores hurt”. Reuters) On June 23rd, 2018, during a political event
in the heart of Addis Ababa in which the president wore a Nelson Mandela T-shirt, some tried
to put an end to his “political transition”. However, they failed… and now the Prime
Minister knows that he has to step on the accelerator. Ethiopia, dear viewers, is still a very poor
country that has many, many problems…. political, social and economic. However, the country that not long ago was
considered the most miserable country on earth now seems to have an opportunity to take off.
Will it do so? Only time can answer this question. Of course here, at VISUALPOLITIK, we’ll
be following the events very closely. So I really hope you enjoyed this video, please
hit like if you did, and don’t forget to subscribe for brand new videos. Don’t forget
to check out our friends at the Reconsider Media Podcast – they provided the vocals in
this episode that were not mine. Also, this channel is possible because of Patreon, and
our patrons on that platform. Please consider joining them and supporting our mission of
providing independent political coverage. And as always, thanks for watching!

100 thoughts on “How is ETHIOPIA Escaping POVERTY? – VisualPolitik EN

  1. I'll believe it when I see it. It seems as though many want an African success story so badly that they'll give an overly optimistic outlook on things.

  2. Not too long The men kind of birth place country, to grow up so fast I know manufacture people( whites people) always say negative our country

  3. yes most of SE asia is becoming relatively "expensive" to manufacture stuff in, so now we turn our eyes to Africa for large scale manufacturing

  4. has anyone besides me noticed that china always has economic ties with other countries while America always has military ties. this is why china will take over the world. poor countries want economic prosperity not endless wars against an American made entity called islamic terrorism.

  5. China is abt to become the world superpower in the world so China you welcom to Africa we looking ahead to work with yours

  6. The journalists who presented this video on YouTube u need to do more research about Ethiopia before u released any information before u rush to report the poverty Ethiopia u should know the nation Ethiopia Civilized
    Based on Bible reference and History also by visiting Historical place it's not a big deal what's happening now in Ethiopia it was there it's just the country is once again regaining back in what was there Okay.
    There was a bad government in the country that let down & doomed the country into a poverty but now it's time go back for the country IT'S NOT ABOUT DOING IN A CHINESE WAY BUT ITS PICKING FROM WHERE IT HAS BEEN PAUSED the civilization. The same way Ethiopia conquered white colonies will defeat the negative image of poverty in the media war.
    Once again Ethiopia is raising based on the original heritage of the country.

  7. Do you know why that war happened? Because those ignorance lider. Still they have many challenge booth country peoples, they are not leave important States position those arrogance lider.

  8. Ethiopia have no Harbour. That is critical harm to them. Also Don't be Friend with China. They would Export there Immense population to your country

  9. Western countries talk the talk. Their ideology of hypocrisy only takes 3rd world countries to hell. While China shows the right path.

  10. problem is the african system.the future president can turn all these to a total mess.solution is to strip more power off president so law and order can take place.

  11. White people are the nosiest people on this planet!!! There always in other people business!!! Leave people alone!!! Why are they so concerned with what other countries are doing!;??? Let people live there life's!!! If you're not helping then goodbye!!!

  12. Way to go Ethiopia, economy wont shoot up like mushrooms due to the renaissance dam… majority dont have electricity at their homes and yet you call it Africa's China!
    What about south Africa, Egypt , Kenya, Morocco , Nigeria,,,those countries can do bette

  13. Hard work is the answer 2 poverty.China has extreme poverty,millions died in the last century.Africa need stability,good leadership.You Rawnda is improving After 1994 100 days genocide .The Eritreans& Eithopeans r hardworking,peaceful.I didn't c or read a crime committed by them.When u come with love,u will get love ,wen u deal with good people & most people r good.China doesn't look at Africa like it subject,as the west do.Not everythings is good with China.

  14. Always remember if you affiliated with

    North korea

    Then things fruitfull
    All thats good yeah

    With the orange man trump (usa) youll faill
    As well as france england australia too mention but a few.

  15. Whites have been trying to keep Africa on dope sleep. Because they fear the rise of Africa and maybe even revenge on Whites.

  16. This is another example of and old culture and civilization that is coming back and recovering the influence they've lost during the last centuries

  17. I have a couple Ethiopian friend back in college. Great to hang out with, very open minded and hard working people. Love them.

  18. In Sri Lanka, during 1990s, people used to trash talk Ethiopia as the poorest country of the world. Soon, if same misguided policies work out, Sri Lanka would be one of the poorest.

  19. good presentation but u have no idea what is poverty … u just say what u want to say. Ethiopia is not POOR, the definition of the word POOR isnt descriptive enough just to judge a country because of clashes or some random news …

  20. China and African we are brotherhood relationship
    China and Africa together develop and support each other
    Westerners have plundered Africa for a hundred years …
    respects from China

  21. So basically China brings actual partnership with African governments and investment in infrastructure and the economy, while the west just gives away money without really thinking? Oh well good to knwo Africa’s benefited from the deals with China, best of love and luck to to my fellow humans in Ethiopia 🇪🇹 from Canada 🇨🇦.

  22. US invested 1 Trillion dollors in Afaghanistan,it became the poorest country of Asia.
    China Invested 10 Billion dollors in the Ethiopia,it became fastest growing economy of Africa.

  23. I got married in Ethiopia on January 21, 1990. Addis Ababa has changed a lot since then.
    I visited the country twice that year. I loved it.

  24. Eritrea should be a part of Ethiopia. However, let's not forget that Ethiopia's new leader is a born again Christian. Hence he wants reconciliation. That is the Scriptural, Biblical way of solving the problems.

  25. What you are trying to say here is that capitalism is the key to success. Well, Sweden can prove you wrong. And the USA as well.

  26. In the imperialist world, we just can't STAND the fact that third world countries are being successful. That's why France had Sankara killed. That's why NATO had al-Qathafi killed – and the same thing is true about Saddam Hussein.
    And the West is ALWAYS playing out the human rights card. What a cliché! Hypocrites! You just want the third world countries to remain dependent on the West so that you can exploit their natural resources.

  27. A one party system with people who are NOT starving is better than a multi party system with people who are.

  28. we are still poor body. the info you hear is from the rich but there is a lot underground that is not exposed to you.the country is blessed but, there is no gov who can achieve the standard of living for his peoples.some times rappers like me will say that shit.

    am still ethiopian but,i born creative and am ready to escape this shit.

  29. when you make videos please get to the point and stop repeating the same things ovr and over again,you asked us at least 3 times how they achieved such economic growth.

  30. They are landlocked, very hard to project power if you have to depend on the goodwill of your neighbors for trade and litteraly everthing else, and if that good will turns to hostility, ethiopia will be left without air to breath and will be destroyed

  31. You can't even put Ethiopia and poverty in the same sentence. Ethiopia has one of the biggest economics in the world! China is doing nothing more than a hostel take over! Wake up "Black Collective"

  32. Hello Simon, your videos are very educative. When will you do a video on Nigeria and the way the present Government is running Nigeria.

  33. So Nice of You looking into more positive Simon, Keep up the good Job. One fact we have to understand is that What China did in Africa in four years is 100 times bigger than what European did in 400 years.
    Who is a good friend For Africa European and Chines? With Historical and realistic data.

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    I’m getting saturated with Tai’s concepts that serve him so well.  I want the same to serve me. The first talk requires,
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  35. Ethopia, Angola, South Africa, Egypt, Tunisia and Zambia are the most beatufil and powerful countries in Africa they will soon be 1st World Tanzania, DR Congo and Algeria will also be there if they can actually stop the west from controlling them like the wlones I said above

  36. Ethiopia is not poverty country in this plant if have with there
    U cannot know rich or poor but knows God only right?You're any stupidity 🦍🐒

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