Ethiopia: The chronic shortage economy: What is the price and utility of a kilo of Sugar in Finfinnee (Addis Ababa) in terms of never ending queue? August 27, 2015
Posted by OromianEconomist in Economics, Famine in Ethiopia.Tags: Africa, African Studies, Applied economics, Economic Shortage, economics, Economics of shortage, Poverty and Famines: An Essay on Entitlement and Deprivation, Queue, Queue and Ethiopia in 2015, Women and elders) are dying of genocidal mass killings and politically caused famine
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In the midst of fastest growth hype and official statistical lies, Ethiopia has been plagued by high rocketed prices for basic goods, intensive and chronic shortages in all sectors of economy. This is the situation of TPLF ( fascist government and monopoly) controlled economy experiencing declining production (supply deficit) relative to citizens demand for basic necessities. In dealing with bureaucratic corruption that tinkers with distribution, citizens are experiencing long queue (disutility) in cities for basic goods for which very limited supply is available. They may be approved or disapproved to get access to the purchase by TPLF local cadres decisions. It has been reported that Ethiopia’s rural areas are in catastrophic famine. Widespread shortages, spiraling inflation and famine are fueling humanitarian crisis.
This is the Ethiopian capital Addis Ababa (Finfinne) where the population of the early morning standing in long lines under the blazing sun (Sunday August 2015) for the purchase of sugar and oil. Cars, children, women, old and adult, all are in never ending line. Source: http://www.ayyaantuu.net/addis-ababa-this-is-eleven-percent-yearly-growth-in-ethiopia-endless-lines-for-sugar/
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