Haregewoin Melese

The Impact of Ethiopia's Accession to the Wto: with Particular Reference to the Country's Infant Domestic Industries Haregewoin Melese

As globalization spreads across the world, concerns about the industrial competitiveness of least developing countries and poverty alleviation are becoming ever more important and the infant industries argument, protectionism holds that new (immature) industries in the least developing countries should be promoted through industrial policy measures in order to allow them to grow to a point where they can fairly compete with the large matured industries established in foreign countries. otherwise, they may die before they reach a size and age to successfully compete in the global market and as many empirical evidences shows that Ethiopia?s industries are in there infancy age and they need a high degree of protection otherwise the simple Ethiopia infant domestic industries accession to the World Trade Organization is just like making a crippled man to compete in a marathon competition with a person having two legs. And also the author strongly believes on that the right industrial development of Ethiopia should always come from the strong hand of Ethiopians.