In their magnum opus, Why Nations Fail, these scholars outline three important reasons why extractive institutions, like those in Ethiopia, tend to persist. A new dominant party delays democratization By Rebecca ZerihunThe first is the synergistic relationship between extractive political institutions and extractive economic institutions. The second reason for the persistence of extractive institutions is that extractive political institutions, by definition, have weak safeguards against the arbitrary exercise of power. Ethiopia needs an inclusive two-year transitional period By Olaana AbbaaxiiqiTherefore, various groups of people would do anything to seize political power and enrich themselves at the expense of others. This particular channel through which extractive institutions persist should be apparent to anyone who is a keen observer of contemporary Ethiopian politics.

Source: Ethiopian News September 15, 2020 16:42 UTC