Book excerpt: Ethiopia is an ancient country with rich potential, but it has not yet resolved the fundamental question of economic development and nation building. The Ethiopian population lives under the threat of recurring famine and war. The conflict that existed between Ethiopia and Eritrea for several decades was never resolved peacefully, and a new conflict has recently emerged on top of the old. Economic Development and Nation Building in Ethiopia gives valuable insight into these problems. The book first checks the major views of development with the Ethiopian experience and examines the impact of the IMF program and the Post-Cold War globalization on the Ethiopian development. Showing the historical disparities in development between Ethiopia and the now industrialized societies of the world, the book examines the possibilities for Ethiopian economic development and nation building. Author Daniel Teferra investigates the incentives for a shared market and broader democracy between Ethiopia and Eritrea by taking a closer, more focused look at the two societies.