Evaluate the possible consequences of a falling rate of inflation for the performance ...
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"Parched Earth"
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Introduction
Internal Assessment- Economics Coursework "Parched Earth" For much of this century, Ethiopia, along with many other LDC's (Less developed countries) has faced widespread famine. Drought and poor land management amongst other reasons have caused this famine. To support Ethiopia, countries of the western world, have steadily supplied Ethiopia with Aid in the form food, loans and grants, this is bilateral aid, it moves from one country to another. Most of this aid comes from developed countries. (See chart) In addition, other organizations such as the International Monetary Fund and the World Bank have distributed aid to Ethiopia, this is multilateral aid, and it involves movement of capital from an international organization to a country. ...read more.
Middle
Ethiopia is using much of its money to fund an extended was against neighboring Eritrea, because much of the Aid is used to finance war, it is ineffective and masses of people still starve. Similarly, in the past, most multilateral aid has been tied to participation in SAPS. Structural adjustment programs involve the recipient government following certain economic policies that have the effect of increasing foreign currency earnings. In Ethiopia's case, this has meant the donor countries supporting cash cropping. Cash cropping has failed Ethiopia in two ways, leading to its present dilemma. ...read more.
Conclusion
The author of this article attempts to be objective but in the end, they clearly fail in this pursuit. The author is opposed to Ethiopia using aid to help subsidize war. The question this article asks is innately a normative one. The reader's or author's personal reply to this question will also usually be normative. It involves an issue of personal opinion, and upon value judgments, which are concerned with what something should, or ought to be. Conversely, a positive statement is once that is concerned with what something actually is, as opposed to what something should be. 449 Words Zoher Abdoolcarim (8 May 2000). Parched Earth, Time Magazine. ?? ?? ?? ?? Shawn Abrahim ...read more.
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