Historically, Ethiopia's

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Historically, Ethiopia's

Post  kosovohp on Fri Dec 10, 2010 11:17 pm

Historically, Ethiopia's feudal and communist economic structure has always kept it one rainless season away from devastating droughts. Ethiopia has great potential to be a producer, as it is one of the most fertile counties in Africa. According to the New York Times, Ethiopia "could easily become the breadbasket for much of Europe if her agriculture were better organized."[citation needed]

Provision of telecommunications services is left to a state-owned monopoly. It is the view of the current government that maintaining state ownership in this vital sector is essential to ensure that telecommunication infrastructures and services are extended to rural Ethiopia, which would not be attractive to private enterprises.
Coffee farmer filling cups with coffee

The Ethiopian constitution defines the right to own land as belonging only to "the state and the people", but citizens may only lease land (up to 99 years), and are unable to mortgage or sell. Renting of land for a maximum of twenty years is allowed and this is expected to ensure that land goes to the most productive user.

Agriculture accounts for almost 41 percent of the gross domestic product (GDP), 80 percent of exports, and 80 percent of the labour force.[citation needed] Many other economic activities depend on agriculture, including marketing, processing, and export of agricultural products. Production is overwhelmingly by small-scale farmers and enterprises and a large part of commodity exports are provided by the small agricultural cash-crop sector. Principal crops include coffee, pulses (e.g., beans), oilseeds, cereals, potatoes, sugarcane, and vegetables. Recently, Ethiopia has had a fast-growing annual GDP and it was the fastest-growing non-oil-dependent African nation in 2007.[89][90] Exports are almost entirely agricultural commodities, and coffee is the largest foreign exchange earner. Ethiopia is Africa's second biggest maize producer.[91] Ethiopia's livestock population is believed to be the largest in Africa, and as of 1987 accounted for about 15 percent of the GDP.[citation needed] According to a recent UN report the GNP per capita of Ethiopia has reached $1541 (2009)[citation needed]. The same report indicated that the life expectancy had improved substantially in recent years. The life expectancy of men is reported to be 52 years and for women 54 years.

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