Munich Personal RePEc Archive Ethiopia: A socio-economic study Mohajan, Haradhan Journal of Business Management and Administration 3 August 2013 Online at https://mpra.ub.uni-muenchen.de/52277/ MPRA Paper No. 52277, posted 16 Dec 2013 03:08 UTC Journal of Business Management and Administration Vol. 1(5), pp.59-74, November, 2013 http://www.peakjournals.org/sub-journals-JBMA.html ISSN: 2329-2954 ©2013 Peak Journals Review Ethiopia: A socio-economic study Haradhan Kumar Mohajan Accepted 15 October, 2013 Ethiopia is considered to be one of the oldest nations in the world but at present its socio-economic condition is not satisfactory. It is the second most populous country in Sub-Saharan Africa. It is rated the poorest and most heavily indebted countries of the world, ranked last out of 208 countries. About 26% of the populations of the country, mostly women and rural residents, are living with their income less than one dollar a day. In terms of health and welfare, it ranks among Africa’s and the world’s poorest nations and the infant mortality rate is among the highest in the world. Political instability is another major problem of Ethiopia for the socio-economic development. In this paper, an attempt has been taken to discuss socio-economic circumstances of Ethiopia. Faculty of Business Studies, Premier Key words: Child marriage, food aid, food price inflation, political instability, University, Chittagong, Bangladesh. poverty, food security. E-mail:
[email protected] INTRODUCTION Ethiopia is one of the largest countries in Africa. It is a in the world, but it remains the poorest country and the landlocked country, so that it has no sea port.