Why Ethiopia is poor?

Answer 1

Ethiopians are poor not because we don't have enough resources, minerals or energy. We are poor because we don't have stable politics so far. all regimes Haile Silase, dergi and EPDRF passed through wars, which negatively affect the people and the country. Related to political instability in the country;educated people are either migrated, put into jail or got killed,infrastructural activities were destroyed and so on. besides this all problems, the economy is going well and recovering.it will be better.

Answer 2

A lack of economy. Well, during the Derg regime, the coutry was under militarty rule and a once advancing country was stopped and dragged behind in time. Poor economic policies for decades has ruined the country. The drought in the 80's was only in the south and not in the entire country. I have been to Ethiopia myself and I know this for a fact. "There are many reasons. To name some, the war that was going on for thirty plus years , the recent Ethio-Eritrea war,situated in the unstable horn of Africa, climatic inconsistencies during the main harvest season, over-population, brain drain and because hyperbolic western media said so. " Poverty is a circumstance and not an identity. Was there not Irish potato famine? Aren't India and China overpopulated? Is political instability unheard of in the Middle East?" Even though the all the above are right, the main reason for Ethiopia to be poor was the administration of the evil emperor Haileselasie. He never even built a single road or a power plant or an agriculture investment while he had more than 11bln US dollars in swiz bank. He used poverty as a policy to control people, while he was involved in uniting Africans and well coming Africans in the Caribbeans namely Jamaicans The derg inherited no wealth from the late king but dept after dept and again it was passed to the present government.
Because of the poverty level there.