Blog #4: Poverty in Ethiopia
Blog #4: Poverty in Ethiopia By Halie Schuster The World Bank reports that “poverty rates are declining, and extreme poverty will soon be eradicated” (Hickel, 2014). The United Nations Millennium Campaign and governments of wealthy countries agree that western aid and the influence of free market capitalism have essentially resolved impoverishment and poverty in Sub-Saharan Africa. But this is simply just not true. Dr Jason Hickel writes in an article for Aljazeera that “poverty is not disappearing as quickly as they say – in fact, according to some measures, poverty has been getting significantly worse” ( Hickel, 2014 ). Ethiopia’s current circumstances revolving poverty mirror this same phenomenon. The World Bank reported in 2020 that “poverty decreased from 30 percent of the population in 2011 to 24 percent in 2016, the year of the most recent survey on household living standards” ( World Bank, 2020 ). They reported that the national poverty rate declined significant