Wed, Dec 7, 2016

Eritrea’s economy: Ideology and opportunity

Report by Seth Kaplan

Africa East Africa Economic Sanctions Economy & Business English Eritrea Fiscal and Structural Reform Inclusive Growth International Financial Institutions International Markets Macroeconomics Trade

Eritrea is often in the news for all the wrong reasons: its high rates of migration to Europe (it has sent more refugees to Europe in recent years than any other African nation), its conflicts with neighboring Ethiopia and Djibouti, and controversy over its mandatory and indefinite national service conscription program. Human rights activists, in particular, have long singled out the country for criticism, calling it “the North Korea of Africa.” The inappropriateness of that comparison is increasingly recognized—but misunderstandings about the nature of the Eritrean regime continue to abound.