Neither a sprint nor a marathon
Africa’s most impressive economic managers suffer from excessive caution
NOWHERE in Africa is modern China more of a lodestar than in Ethiopia, which on May 24th held an uneventful election with a predetermined outcome: another term in office for the long-standing ruling party. The continent’s second most populous country and fastest-growing big economy has close intellectual links with China’s Communists and often sends officials to their party school in Beijing. There Ethiopians imbibe the gospel of industrialisation overseen by a strong state that exerts tight control over an ethnically diverse population with a history of strife.
This article appeared in the Middle East & Africa section of the print edition under the headline “Neither a sprint nor a marathon”
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