Ethiopia’s Exports Are Up Nearly 3x, Now at $11 Billion. Why Do They Feel Hollow?
Malaysia has known this for fifty years. There is no export-led economy until salaries grow. Ethiopia’s merchandise exports went from 3.8 billion US dollars in 2023/24 fiscal year to 8.3 billion US dollars in 2024/25 fiscal year to roughly 10.7–11 billion US dollars in 2025/26 fiscal year. The government has presented this as evidence of...