1.Critically evaluate the contribution of Gebrehiwot for the development of economic
thinking in Ethiopia.
2.What major difference do you observe with the idea of Mikael Tessema and that of
Gebrehiwot and Derresa?
3.What similarity do you observe on the idea of Mikael Tessema and that of Gebrehiwot
and Derresa?
4.Whatmakes Blatta Déréssa Amante different from Gebrehiwot and Mikael Tessema?
5.Do you observe any defect on the idea of Derresa while you are reading through his
idea? If yes what are them?
1. The contribution of Gebrehiwot to the development of economic thinking in Ethiopia is significant. He is regarded as one of the pioneers of Ethiopian economic thought and has made substantial contributions to the field. Gebrehiwot's ideas and writings have helped shape economic policy and decision-making in the country.
2. One major difference between the ideas of Mikael Tessema and those of Gebrehiwot and Derresa is their approach to economic development. Tessema focuses more on the role of the state in promoting economic growth and development, while Gebrehiwot and Derresa emphasize the importance of empowering individuals and local communities for economic progress.
3. A similarity between the ideas of Mikael Tessema and Gebrehiwot and Derresa is their recognition of the need for sustainable and inclusive economic development. All three thinkers emphasize the importance of economic growth that is equitable and benefits all sections of society.
4. Blatta Déréssa Amante is different from Gebrehiwot and Mikael Tessema in terms of his focus on cultural and religious values. Déréssa's ideas are influenced by Ethiopian Orthodox Christianity and he believes that economic development should be in harmony with cultural and religious norms. In contrast, Gebrehiwot and Tessema's ideas are more secular in nature.
5. While reading through Derresa's ideas, one potential defect that may be observed is his emphasis on traditional and cultural values without adequately addressing the challenges and complexities of modern economic development. His approach may overlook the role of technological advancements or global economic trends in shaping Ethiopia's economy. Additionally, his focus on cultural preservation may hinder the adoption of new ideas and practices necessary for economic progress.