Analysis Of Eritre A Country With Many Economic Challenges

There has been many significant events of the 20th century that helped shaped what Ethiopia is today. Through imperialism, wars about boarding issues and the death of many great ruler this nation has been standing strong.Today Ethiopia is the second most populated country in Africa, it's the home to over 80 ethnic groups. The largest being the Oromo tribe that makes up over 34% of the population. Not only are they a big ethnic group in Ethiopia but also the neighboring countries such as Kenya and Somalia. Another big ethnic group is Ahmera who are taking up most of the politics and economy in Ethiopia. The rest is the minorities and have a smaller percentage of people or are other people who are are nationally from bordering countries such as Somali and reside in ethiopia. There are around 6.7% of Somalis who live in Ethiopia and adapted to their culture as well.

In the 19th century Eritrea and Ethiopia was one, even though they were one there were still many misunderstanding’s with in them. It was in 1952 when Ethiopia took over Eritrea. From 1961 until 1991, Eritrea had fought a long war of independence against Ethiopia. When my mother uses to live in the village side she and friends would walk to school and every time sees dead people laid on the floor. They would slaughter anyone. On this day in 1991, Eritrea people’s forces moved into the capital Asmara, reinstating independence, and 30 years long battle against the Ethiopian

1.Consider the following entry game.  Here, firm B is an existing firm in the market, and firm A is a potential entrant.  Firm A must decide whether to enter the market (play "enter") or stay out of the market (play "not enter").  If firm A decides to enter the market, firm B must decide whether to engage in a price war (play "hard"), or not (play "soft").  By playing "hard", firm B ensures that firm A makes a loss of $1 million, but firm B only makes $1 million in profits.  On the other hand, if firm B plays "soft", the new entrant takes half of the market, and each firm earns profits of $5 million.  If firm A stays out, it earns zero while firm B earns $10 million. Which of the following are Nash equilibrium strategies?

3. Part of the reason the World Bank’s standard Structural Adjustment Policies has been counterproductive partially because of unfortunate timing. Reduce government spending caused a recessionary effect, decreasing demand and increasing unemployment hurt nations. Strict monetary policy raised interest rates and helped to further suffocate investment demand and access to capital for poor farmers and low-income entrepreneurs. Currency devaluation did make exports cheaper but at a time when export markets for primary goods were oversupplied and prices were falling. Import cost also rose making it more expensive for domestic producers to obtain new technology and replacement parts. In addition, privatization of government enterprises also increased efficiency, which was accompanied by downsizing, which resulted in unemployment for thousands of the middle class. At this time the reductions in

“The most widely accepted relationship between economic factors and civil war is that high-income nations are less likely to experience civil wars than low-income nations.” (Dixon 714). The disagreements over how to spend money and tax imported goods, and how territories should be distributed, cause this one nation to fight against each other.

Your paper should be between 1750 and 2500 words, in APA format and structured as follows:

Refugee issue is a global issue mainly due to wars, conflicts or environmental, political, religious and racial reasons (Gibney & Gil, 2010). In recent years, the turmoil triggered by the "Arab Spring" in many countries in West Asia and North Africa causing numerous refugees, so it has once again attracted the attention of people（Grossman, 2017）. People forced to relocate their homes and even renounce their nationality by war or natural disasters are defined as refugee（UNHCR，2017）.The influx of refugees brings cheap labor forces reducing the cost of productions ,and causes the promotion of economic development. In addition, the increasing population leads to an increase in demand which can increase the income of the host countries and the state tax. It can be argued that refugees are unable to benefit the host nations because refugees increase unemployment rate and occupy resources in education. Although it may be true that there are some negative effects caused by refugees, refugees can benefit the host nation in terms of economy and social advancement.

The Eritrean Nakfa is a hundred times more worthless than the Birr of Ethiopia. Yet the Eritrean protested that the exchange rate should be one for one. When this movement was stopped suddenly and concisely by the Ethiopian government, the Eritreans attempted to take some Ethiopian controlled boarder land. This led to armed retaliation by the Ethiopian government and eventually led to an all out war.

Paul Collier and Marguerite Duponchel examine how civil war impacts the economical developmental of the West African country , Sierra Leone. The authors discuss several consequences that Sierra Leone is facing because of the civil war that occurred from 1991 to 2002. For example, poor literacy is a result of the civil war because many children were prevented from going to school. As a result, majority of the population in Sierra Leone is made of young youth and adult, whose lack education. Collier and Duponchel explore areas in which the economical legacy of Sierra Leone is deplete as a result of the civil war. Collier and Duponchel state, “ The results confirm our theory: the size of firms in 2006 is negatively affected by the intensity

South Sudan had gone through severe budgetary and economic problems related to oil production in January 2012 as notified by Erickson & Faria, (2011). The researchers stated that due to disagreement in the transit fees, austerity was adopted by the government of South Sudan. This decreased one third of government expenditure thereby exposing most of the population to face inflation that rose to 75 % (Grawert, 2010). The value of the South Sudanese pound decreased while the price of fuel and food were increased. As a result of this economic instability, the people of the country are faced with huge financial and economic crisis that further increased their anger towards the government, and heightening the prospects of rebellions.

In 1998, fighting began over what is said to be a minor border dispute, as well as differences on ethnicity and economic progress. This is highly understandable considering the various ethnicities in each country, the religious differences, and the tribal conflicts that have been taking place in the region. This fighting began a two-year long war, in which countless men and women were killed and the economies of the two countries ravaged by the military expenditures (Abbink, 2003, p. 410-16). In the end, Ethiopia’s size, military power, and armament won out over Eritrea’s enthusiasm, and the two countries formed a tenuous peace that has lasted through the present (Abbink, 2003, p. 416-17).

The current economy has hurt many retail businesses. Every month another retail giant closes its doors. Retail stores which we never would have imagined have gone bankrupt. Retail sales have declined greatly. Major cause of this declination is because many people are unemployed and cannot afford to purchase anything. Retailers are forced to discount prices to increase sales, but discounting still hurts margins. Retailers are assuming a very

Turkey was inherited with large debts and had an economic structure that was based around agriculture.  They were given this structure by the founder which was the Ottoman Empire. New laws were introduced to the country and a financial institution was

The country is a key investor within the East African commmunity, while the largest chunk of intraregional trade is due to Kenya. However, economic

Due to civil war, Lebanon’s economy was highly affected, for instance central government institutions disintegrated. Therefore the estate was handicapped, and accumulated several debts, for example by 2001 Lebanon had reached $28 billion, or nearly 150% of GDP.