Postgraduate Dissertation


Does Being a Developmental State Prevent Indebtedness? Ethiopian Experience

Abstract

Many African states are exploring the East Asian model developmental state in the wake of the erosion of neoliberal hegemony following the financial crisis and the rising of populist leaders in liberal countries. Meanwhile, countries regardless of their ideological affinity are facing hardship in high debt servicing and indebtedness. The purpose of this paper is to explore the impact of the developmental state on preventing indebtedness. The first chapter of the paper introduces and outlines the origins of the international and African debt and the developmental state model. The second chapter presents the argument on the neoliberal led debt-driven structural adjustments and its impact on development from a dependency theory approach. The third chapter explores a case study involving Ethiopia and its developmental state. The study reveals the developmental state's ability to prevent indebtedness is less significant. This research suggests the integration of the developing countries in the global economy is required to tackle indebtedness. Key Words: Developmental state, neoliberalism, Ethiopia, debt, dependency theory


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Authors

Mengesha, Feben Tamrat

Contributors

Rights Holders: Mengesha, Feben Tamrat
Supervisors: Ford, Lucy

Oxford Brookes departments

Department of Social Sciences
Faculty of Humanities and Social Sciences

Degree programme

MA International Relations

Year

2020


© Mengesha, Feben Tamrat
Published by Oxford Brookes University
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