Ethiopian News, Current Affairs and Opinion Forum
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Horus
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by Horus » 10 Jan 2024, 01:35
It has been quite sometime since I studied Adam Smith and Paul Samuelson on the theories of value and supply & demand. I believe the economics of sea coasts and sea ports are also governed by the same principles of utility, value, supply and demand.
At the very bottom of the noise and drama regarding ports and sea access in the HoA is money - economics. It is about the the utility and value of sea coasts. It is about the supply and demand of ports and sea coasts.
whether or not there is sufficient supply of ports and sea access to satisfy the demands of HoA consumers, I will leave it those who are in the know about the subject.
But, I know one hard fact; that is Ethiopia with ever growing 150 million people and potential economic growth remains to be the singular critical consumer of port services and sea coasts. The populations of the 3 Somali states, Eritrea and Djibouti added don't equal a third of Ethiopia.
Therefore, if ports and sea coasts have any significant economic value, it is because of Ethiopia. In one word - Ethiopia is the Demand Side of the Port Economics.
Those countries that were supposed to supply modern, efficient and desire-able ports are too poor or to incompetent to do so. Here come the business savvy UAE Sheiks . UAE is reshaping the political map of the region in order to control the ever critical sea port industry of HoA.
And, the single greatest consumer of this service industry is Ethiopia. So, it is ironic how these so called port suppliers are treating Ethiopia - their most critical customer! Now, is that stupid or what?
Yes, if Ethiopia manages to secure a port in Somaliland, the development money can only come from UAE and in return taking business away from Djibouti and most likely controlling Ethiopia's port demands.
So much for this 'new Dubai'
Last edited by
Horus on 10 Jan 2024, 02:15, edited 2 times in total.
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Horus
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by Horus » 10 Jan 2024, 02:10
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Right
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by Right » 10 Jan 2024, 09:17
Good analysis.
Eritreans are like a hungry hyena eating its own leg.
They don’t have wise people and with the current educational and political situation they wouldn’t be able to produce an elite wiser generation. They lost their wisemen two generations ago.
Somali-land has a bright future, so is Djibouti if they handle it well.
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DefendTheTruth
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by DefendTheTruth » 10 Jan 2024, 09:32
Horus wrote: ↑10 Jan 2024, 01:35
It has been quite sometime since I studied Adam Smith and Paul Samuelson on the theories of value and supply & demand. I believe the economics of sea coasts and sea ports are also governed by the same principles of utility, value, supply and demand.
At the very bottom of the noise and drama regarding ports and sea access in the HoA is money - economics. It is about the the utility and value of sea coasts. It is about the supply and demand of ports and sea coasts.
whether or not there is sufficient supply of ports and sea access to satisfy the demands of HoA consumers, I will leave it those who are in the know about the subject.
But, I know one hard fact; that is Ethiopia with ever growing 150 million people and potential economic growth remains to be the singular critical consumer of port services and sea coasts. The populations of the 3 Somali states, Eritrea and Djibouti added don't equal a third of Ethiopia.
Therefore, if ports and sea coasts have any significant economic value, it is because of Ethiopia. In one word - Ethiopia is the Demand Side of the Port Economics.
Those countries that were supposed to supply modern, efficient and desire-able ports are too poor or to incompetent to do so. Here come the business savvy UAE Sheiks . UAE is reshaping the political map of the region in order to control the ever critical sea port industry of HoA.
And, the single greatest consumer of this service industry is Ethiopia. So, it is ironic how these so called port suppliers are treating Ethiopia - their most critical customer! Now, is that stupid or what?
Yes, if Ethiopia manages to secure a port in Somaliland, the development money can only come from UAE and in return taking business away from Djibouti and most likely controlling Ethiopia's port demands.
So much for this 'new Dubai'
የጉራጌ ነገር፣ ሁሉ ነገር ከእንቅልፉ ስነሳ ገንዘብ መስሎ ነዉ የምታየዉ፣ ገንዘብ ብቻዉን ምንም ማለት እንዳልሆነ እንኳ አይረደም። ኢትዮጵያ አትሸጥም፣ አትለወጥም ስባል ሰምቶ፣ ጉራጌዉ ተነሳ ና፣ አሯ፣ ወገድ፣ ገንዝብ ከአመጣች ለምን አትሸጥም፣ አትለወጥም ብሎ ደነፋ፣ አሉ። የዚህ አይነት ሰዉዬ መሆኑ ነዉ።
ክብር ማለት ትርጉም የለዉም በገንዘብ አምላኪዎች ሰፈር።
ኢትዮጵያ ማለት በአለም ደረጀ በአሁን ሰኣት የተቆለፈባት አገር ተብለ ስትታወቅ፣ ለገንዘብ አምላኪዉ ምንም አይደለም። የምመልስልህ፣ ታድያ ምን አለበት፣ ብንናቅ፣ ገንዘብ ከአገኝን ብሎ ያፌዝብሃል። ነገር በDNAዉ ዉስጥ ነዉ።
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Tog Wajale E.R.
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by Tog Wajale E.R. » 10 Jan 2024, 09:50
* ግማ°ታም፥ብስ°ብስ፥ጉራጌ፥ጋላ፥ባንቱ * !!
* ከ'ኩሊነት፥እና፥ ከ'ሊስትሮ፥ ከ'ስርቖት * !!
* ማን፥እለፉ፥ኣላችሁ፥የ'እበት፥ልጅ፥ጉራጌ * !!
* ኣንተን፥ብሎ፥የ'እበት፥ Analysit * !!
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Right
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by Right » 10 Jan 2024, 12:31
DTT aka Axum
You are busted