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Role of Ethiopian Economic Diplomacy in the Implementation of Integrated Housing Development Program and Real Estate Development in Addis Ababa

Received: 23 September 2021    Accepted: 19 October 2021    Published: 30 October 2021
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Abstract

This study focused on role of Ethiopian economic diplomacy in the implementation of integrated housing development program and real estate development. Besides, the paper explores the contribution of housing on the economic, political and social life of the society. Then it assessed the challenges of housing development in Addis Ababa. Thus, qualitative research method and semi structured in-depth interview was conducted. Addis Ababa is selected as a case study because the housing crisis is acute. The thesis found colossal number of houses are constructed and transferred to the society which has direct economic, political and social effect to the beneficiaries, contractures, consultants, MSE’s, suppliers and others. The paper uncovers Addis Ababa housing sector had shortcomings of not utilizing technology, financial scarcity and maladministration. Moreover, Ethiopian economic diplomacy had a strategic advantage for affordable housing in getting the specified amount of materials and quality at reasonable cost directly from producers. The study concluded that the prospects and challenges of Addis Ababa housing exude from the socialist oriented government decrees, policy and procedures. Ethiopian economic diplomacy is imperative motor for housing development in Addis Ababa. The recommendation for Addis Ababa City Administration was to curb its internal maladministration problem and prepare pragmatic policies that proliferate formal housing. Finally, Ethiopian economic diplomats and joint task force shall vigorously pursuit options for housing development by breaking bureaucratic red tapes, showing gaps of housing, attraction of mega manufacturing firms, tycoon housing developers, soliciting technical and financial aid.

Published in Science Research (Volume 9, Issue 5)
DOI 10.11648/j.sr.20210905.13
Page(s) 89-101
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Economic Diplomacy, Foreign Direct Investment, Technology Transfer, Trade

References
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  • APA Style

    Fasikaw Eseyneh. (2021). Role of Ethiopian Economic Diplomacy in the Implementation of Integrated Housing Development Program and Real Estate Development in Addis Ababa. Science Research, 9(5), 89-101. https://doi.org/10.11648/j.sr.20210905.13

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    ACS Style

    Fasikaw Eseyneh. Role of Ethiopian Economic Diplomacy in the Implementation of Integrated Housing Development Program and Real Estate Development in Addis Ababa. Sci. Res. 2021, 9(5), 89-101. doi: 10.11648/j.sr.20210905.13

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    AMA Style

    Fasikaw Eseyneh. Role of Ethiopian Economic Diplomacy in the Implementation of Integrated Housing Development Program and Real Estate Development in Addis Ababa. Sci Res. 2021;9(5):89-101. doi: 10.11648/j.sr.20210905.13

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  • @article{10.11648/j.sr.20210905.13,
      author = {Fasikaw Eseyneh},
      title = {Role of Ethiopian Economic Diplomacy in the Implementation of Integrated Housing Development Program and Real Estate Development in Addis Ababa},
      journal = {Science Research},
      volume = {9},
      number = {5},
      pages = {89-101},
      doi = {10.11648/j.sr.20210905.13},
      url = {https://doi.org/10.11648/j.sr.20210905.13},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.sr.20210905.13},
      abstract = {This study focused on role of Ethiopian economic diplomacy in the implementation of integrated housing development program and real estate development. Besides, the paper explores the contribution of housing on the economic, political and social life of the society. Then it assessed the challenges of housing development in Addis Ababa. Thus, qualitative research method and semi structured in-depth interview was conducted. Addis Ababa is selected as a case study because the housing crisis is acute. The thesis found colossal number of houses are constructed and transferred to the society which has direct economic, political and social effect to the beneficiaries, contractures, consultants, MSE’s, suppliers and others. The paper uncovers Addis Ababa housing sector had shortcomings of not utilizing technology, financial scarcity and maladministration. Moreover, Ethiopian economic diplomacy had a strategic advantage for affordable housing in getting the specified amount of materials and quality at reasonable cost directly from producers. The study concluded that the prospects and challenges of Addis Ababa housing exude from the socialist oriented government decrees, policy and procedures. Ethiopian economic diplomacy is imperative motor for housing development in Addis Ababa. The recommendation for Addis Ababa City Administration was to curb its internal maladministration problem and prepare pragmatic policies that proliferate formal housing. Finally, Ethiopian economic diplomats and joint task force shall vigorously pursuit options for housing development by breaking bureaucratic red tapes, showing gaps of housing, attraction of mega manufacturing firms, tycoon housing developers, soliciting technical and financial aid.},
     year = {2021}
    }
    

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  • TY  - JOUR
    T1  - Role of Ethiopian Economic Diplomacy in the Implementation of Integrated Housing Development Program and Real Estate Development in Addis Ababa
    AU  - Fasikaw Eseyneh
    Y1  - 2021/10/30
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    DO  - 10.11648/j.sr.20210905.13
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    JO  - Science Research
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    EP  - 101
    PB  - Science Publishing Group
    SN  - 2329-0927
    UR  - https://doi.org/10.11648/j.sr.20210905.13
    AB  - This study focused on role of Ethiopian economic diplomacy in the implementation of integrated housing development program and real estate development. Besides, the paper explores the contribution of housing on the economic, political and social life of the society. Then it assessed the challenges of housing development in Addis Ababa. Thus, qualitative research method and semi structured in-depth interview was conducted. Addis Ababa is selected as a case study because the housing crisis is acute. The thesis found colossal number of houses are constructed and transferred to the society which has direct economic, political and social effect to the beneficiaries, contractures, consultants, MSE’s, suppliers and others. The paper uncovers Addis Ababa housing sector had shortcomings of not utilizing technology, financial scarcity and maladministration. Moreover, Ethiopian economic diplomacy had a strategic advantage for affordable housing in getting the specified amount of materials and quality at reasonable cost directly from producers. The study concluded that the prospects and challenges of Addis Ababa housing exude from the socialist oriented government decrees, policy and procedures. Ethiopian economic diplomacy is imperative motor for housing development in Addis Ababa. The recommendation for Addis Ababa City Administration was to curb its internal maladministration problem and prepare pragmatic policies that proliferate formal housing. Finally, Ethiopian economic diplomats and joint task force shall vigorously pursuit options for housing development by breaking bureaucratic red tapes, showing gaps of housing, attraction of mega manufacturing firms, tycoon housing developers, soliciting technical and financial aid.
    VL  - 9
    IS  - 5
    ER  - 

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Author Information
  • School of Diplomacy & International Relations, College of Leadership and Governance, Ethiopian Civil Service University, Addis Ababa, Ethiopia

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