Ethiopia: Can the Landlocked Power Restore Its Former Glory?
MIN READMar 31, 2017 | 09:00 GMT
Development in Addis Ababa and elsewhere in Ethiopia has been enhanced by foreign investment, which has been focused on improving the infrastructure of the ancient trading power.
(SEAN GALLUP/Getty Images)
Among its African contemporaries, Ethiopia stands out as one of the few countries that has existed in essentially the same form since antiquity, albeit under different names. Its geographic position at the heart of the Horn of Africa has made it a crossroads of trade, helping it to maintain a continuity that has lasted from ancient times through the colonial era to today. While modern Ethiopia's interests are much more tightly focused on its core than the far-flung reach its ancient predecessors commanded, its geography still makes it a key player in global trade and regional politics. Although its importance in international trade has diminished with technological advances in transport and a shift away from the resources it provides or conveys, exports are still a focus of its economy....
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