Today one of the fastest growing countries in the world is none other than the second most
populated country in the world Ethiopia. The nation has experienced sturdy and expansive
growth over the past decade, and according to the World Bank estimates the country is
averaging at 10.9 percent per year in 2004-05 – 2012-13 as compared to the local
average of 5.3 percent (The World Bank, “Economic Review”). The major source of growth in
this period has been seen in the agricultural sector and services sector, while manufacturing
sector has performed moderately. These growth rates are the result of long years of investment
and transformation that have seen the country ingrain economic, social and political stability.