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The Economic Aspect of Liberalism

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Alazar Kebede

Despite its recent origins, liberalism has an articulated history testifying of its key role in modern Western society. The two great revolutions, in America in 1776 and France in 1789 refined some of the key ideas behind liberalism: democracy, equal rights, human rights, the separation between State and religion and freedom of religion, and the focus on the individual well-being.

Nineteenth century was a period of intense refinement of the values of liberalism, which had to face the novel economic and social conditions posed by incipient industrial revolution. Not only authors such as John Stuart Mill gave a fundamental contribution to liberalism, bringing to the philosophical attention topics such as freedom of speech, the liberties of women and of slaves; but also the birth of the socialist and communist doctrines, among others under the influence of Karl Marx and the French utopists, forced liberalists to refine their views and bond into more cohesive political groups.

In the twentieth century, liberalism was restated to adjust to the changing economic situation by authors such as Ludwig von Mises and John Maynard Keynes. The politics and lifestyle diffused by the Unites States throughout the world, then, gave a key impulse to the success of liberal lifestyle, at least in practice if not in principle. In more recent decades, liberalism has been used also to address the pressing issues of the crisis of capitalism and the globalized society. As the twenty-first century enters into its central phase, liberalism is still a driving doctrine that inspires political leaders and individual citizens.

No matter where we live, all societies carry baggage and a considerable amount of it. But, in a nutshell, what distinguishes successful societies from those that are not is that dynamic societies are the ones that know what to abandon and when. China, for example, is essentially a Confucianist culture. Confucianism is an ideological system that places education at a very high level of priority. But it is also a system which strongly discriminates against women.

Contemporary Chinese societies have continued to carry the emphasis on education. But they have smartly discarded the traditional discrimination against women baggage. Rest assured, as Jean-Pierre Lehmann, an emeritus professor of international political economy in Switzerland argued, if China were still binding its women’s feet, there would be no spectacular economic growth in China, Hong Kong or Taiwan. According to him, the fact that China no longer binds women’s feet may make the Chinese feel less “Chinese”. But it lets China move ahead economically, politically and socially.

The following are the most crucial questions at this point. What has allowed the Chinese to make these choices? What allows similar changes to occur in other regions and cultures? Ultimately, what has transformed cultural legacies into dynamic engines of growth, welfare and prosperity in both the material and spiritual domains has been the liberating force of liberalism.

Jean-Pierre Lehmann stated that Confucianist scholars such as Kang Youwei and Liang Qichao, the Hindu scholar Ram Mohun Roy and the numerous Christian liberals and humanists are all from different cultures. But also all share a common goal of sorting out their respective ideological baggage to see what works and what doesn’t.

Jean-Pierre Lehmann further noted that the potential for change is evident even in cultures which are today widely seen as almost a lost cause. Consider the Arab/Muslim world. Perhaps surprisingly to outsiders, a liberal tradition, a tradition of sorting through the cultural baggage, does exist in Arabic and Islamic thought. The Tunisian scholar, the late Albert Hourani, demonstrated this vividly in his magnificent book, “Arabic Thought” in the Liberal Age of 1968.

Albert Hourani described how, in the late 19th and early 20th centuries, thinkers and writers such as Jamal al-Din al-Afghani developed a powerful stream of Muslim thought along lines comparable to the evolution of secular and liberal thought in Europe. And, surprising as that may sound, Al-Afghani’s agenda of reform and liberalism did not prevent him from being a fervent nationalist and anti-imperialist.

Ultimately, however, as Hourani’s book shows, liberalism came to be aborted in most of the Middle East. How so? Well, opponents of liberalism in the Islamic world opted for an easy, but effective, move. They equated liberalism with “Westernism”. And that allowed them to dictate that all that old baggage whether effective or not be retained. Had the equivalent happened in China, the Chinese would still be binding women’s feet.

Jean-Pierre Lehmann argued that in fact, we would all do well to remember that the West’s ideological origins are not at all liberal even though it is correct that liberalism has emanated primarily from the West. After all, dogmatic literal interpretations of the Bible allowed the Florentine government to place Galileo under house arrest just for saying that the earth turned around the sun. Even today, fundamentalist Christians in the United States appear not prepared to give up the fight when they seek to ban the teaching of Darwinism in schools, for example.

Now it is realised that intellectual curiosity and cultural openness are not permanent features of any society. Take Japan as an example. In the 1960s, Japan was a hothouse of cultural curiosity, openness, import and experimentation. For whatever reason, in the course of the 1980s, Japan switched off. It has become far, far more inward-looking. In fact it has strangely turned into a somewhat masochistically narcissistic society, which, despite its great potential, goes a long way to explain its present social and economic decline.

All of that is why people are convinced that liberalism is a universal doctrine, the most basic premise of which is to oppose dogmatism in any form. Hence its advocacy of tolerance, openness and pluralism. And hence its attraction across many cultures. So, Jean-Pierre Lehmann kindly requested us that the next time we hear criticisms of “neo-liberalism,” keep in mind the huge value of the underlying premise in that concept on a broader scale.

Whatever is bothersome about the “neo” part, liberalism as such appears to be nothing less than the key to allowing a society to operate successfully in the modern, globalized world. I think that is indeed a blessing, not a curse.

Education doesn’t just mean memorizing facts and figures

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In the vast landscapes of Africa, where challenges and opportunities coalesce, one undeniable truth emerges: education stands as the beacon of hope and the key to breaking the shackles of poverty. This holds particularly true for the resilient nation of Ethiopia, where education is not just a pathway to success; it is the cornerstone upon which the future of individuals and the nation itself rests.

In the heart of Ethiopia, education has the power to transcend generations of hardship. It is not merely about acquiring knowledge; it is a catalyst for social change, economic progress, and personal empowerment. A well-rounded education equips individuals with the tools necessary to navigate the complexities of the modern world, fostering critical thinking, creativity, and adaptability.

As we probe into the transformative impact of education, it’s crucial to acknowledge its multi-faceted nature. Education doesn’t just mean memorizing facts and figures; it is about instilling values, nurturing skills, and fostering a deep-seated sense of curiosity. In Ethiopia, where the tapestry of culture and history is rich and diverse, education becomes the bridge between the past and the future.

For many in Africa, including Ethiopia, poverty has been an enduring adversary. Yet, in the face of adversity, education emerges as a formidable ally. It provides a gateway out of the cycle of poverty, offering individuals the chance to chart their destinies with purpose and determination.

Education is a leveller, erasing the disparities that economic conditions often impose. In Ethiopia, where rural and urban divides persist, education becomes the great equalizer, offering opportunities to those who might otherwise be left on the fringes of progress. It opens doors to employment, entrepreneurship, and a brighter future, providing the tools needed to transform dreams into reality.

While education lays the foundation, hard work becomes the cornerstone of success. In the context of Ethiopia and Africa at large, the importance of a diligent work ethic cannot be overstated. It is the fuel that propels individuals forward, turning aspirations into achievements.

Hard work, when coupled with education, creates a synergy that propels individuals beyond the confines of their circumstances. It transforms challenges into stepping stones and setbacks into lessons. In Ethiopia, the ethos of hard work is deeply embedded in the fabric of society, intertwining with the educational journey to create a narrative of resilience and triumph.

Education in Ethiopia is not merely an individual pursuit; it is a communal endeavor that uplifts entire communities. As individuals rise through the ranks of knowledge and skill acquisition, they become beacons of inspiration for those around them. Education becomes a catalyst for community development, fostering a collective spirit of progress.

Communities equipped with education are better prepared to tackle the myriad challenges they face. From healthcare to sustainable agriculture, educated communities in Ethiopia are empowered to make informed decisions, driving positive change from within.

One of the primary challenges is the lack of access to education, particularly in rural and remote areas where schools are scarce, and children must travel long distances to attend classes. Additionally, poverty remains a significant barrier, as many families struggle to afford basic necessities, let alone school fees and supplies.

Furthermore, the quality of education is often compromised due to inadequate resources, overcrowded classrooms, and a shortage of qualified teachers. This leads to a lack of essential skills among students, limiting their opportunities for personal and professional growth.

Gender disparity is another pressing issue, with girls facing barriers to education such as early marriage, household responsibilities, and cultural norms that prioritize boys’ education. Addressing gender inequality in education is crucial for achieving sustainable development and empowering women and girls to contribute fully to society.

Despite these challenges, there is growing recognition of the transformative power of education in driving socio-economic development and fostering peace and stability. Investing in education not only improves individual livelihoods but also strengthens communities and nations as a whole.

Efforts to overcome these challenges require collaboration among government, civil society, and the private sector to ensure inclusive and equitable access to quality education for all. This includes investing in teacher training, expanding school infrastructure, and implementing policies that prioritize marginalized groups, including girls and children with disabilities.

By addressing the challenges that persist in the education sector, Ethiopia and Africa can unlock the full potential of their people and build a brighter future characterized by prosperity, innovation, and social cohesion. Education is not only a fundamental human right but also a catalyst for positive change, paving the way for a more prosperous and equitable society for generations to come.

In conclusion, the transformative power of education in Africa, particularly in Ethiopia, cannot be overstated. It serves as a beacon of hope, a gateway out of poverty, and a catalyst for personal and communal empowerment. When coupled with the indomitable spirit of hard work, education becomes the compass guiding individuals and communities towards a future filled with possibilities.

African Diplomats trained to navigate AfCFTA implementation challenges

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By our staff reporter

In a bid to harness the potential benefits and address looming challenges of the African Continental Free Trade Area (AfCFTA) agreement, African diplomats received intensive training aimed at enhancing their capacity to facilitate the agreement’s effective implementation.

The AfCFTA agreement, which has garnered approval from 47 countries including Ethiopia in their council, with 54 regional countries affirming their commitment through signed agreements, carries significant promise and challenges for the continent.

Following the conclusion of the 37th African Union Summit, leaders from diverse African nations convened for a two-day forum focused on capacity building and training regarding the nature and advantages of the AfCFTA. The forum prioritized accelerating the implementation of the African Continental Free Trade Zone, recognizing its pivotal role in deepening economic integration across the continent.

The African Capacity Building Foundation (ACBF), in collaboration with the Economic Development, Trade, Tourism, Industry, and Minerals department of the African Union, organized the training session, targeting accredited ambassadors and diplomats. The objective was to enhance their understanding of the AfCFTA and equip them with the necessary knowledge and skills to drive its implementation effectively.

The AfCFTA aims to establish a single market for goods and services, facilitated by the free movement of people, with the overarching goal of fostering economic integration throughout Africa. By removing trade barriers, promoting regional integration, diversifying economies, and attracting investments, the agreement seeks to unlock the continent’s full economic potential.

Acknowledging the imperative of decisive action for effective implementation, the Assembly of Heads of State and Government of the African Union declared 2023 as the “Year for Acceleration of AfCFTA Implementation.” The initiative underscores the need to address trade barriers, foster regional cooperation, diversify economies, and attract investments to realize the agreement’s transformative potential fully.

However, concerns have been raised by manufacturing industries regarding potential market disruptions and increased competition from foreign businesses. These concerns highlight the need for proactive measures to ensure local industries remain competitive and consumers benefit from enhanced product quality and affordability.

The AfCFTA targets a market of 1.2 billion people with a cumulative Gross Domestic Product (GDP) of US$2.5 trillion, positioning Africa as the world’s largest trade zone. If fully activated, the agreement is projected to increase intra-African trade by 60% by 2034, lifting millions out of poverty and driving sustainable economic growth across the continent.

26th ACITF opens at Addis Ababa Exhibition Center with low turnout

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The 26th Addis Chamber International Trade Fair (26th ACITF) commenced at the Addis Ababa Exhibition and Development Center, under the theme “Spurring Development through Innovation,” gathering business communities, exhibitors, visitors, diplomatic corps, government representatives, and invited guests.

However, concerns arose over the lower-than-expected turnout, with fewer participants compared to previous years. It was anticipated that over 60 domestic and foreign businessmen from the manufacturing and technology sectors would attend the trade bazaar.

Addressing the opening ceremony, Mesenbet Shenkute, President of Addis Ababa Chamber of Commerce & Sectoral Association, acknowledged the subdued participation, attributing it to prevailing peace challenges both domestically and internationally. She expressed optimism, stating, “This is expected, and the numbers will increase when conditions stabilize.”

The New Chamber Trade Fair, an annual event, saw the presence of local and foreign businessmen engaged in diverse fields. Shenkute emphasized the government’s emphasis on new technology infrastructure projects, highlighting their significant positive impact on business growth.

Running from February 22 to 26, 2024, the 26th ACITF marks the second trade show of the year, aiming to foster innovation-driven development and economic growth within the region.