Discussing Opportunities and Crisis in The Horn of Africa (Hoa)

Abstract

In this article, an analytical framework is adopted to analyze the socio-political status and economic performance of the Horn of Africa (HOA) region, consisting of Ethiopia, Eritrea, Djibouti, and Somalia. We have identified the essential socio-economic factors, and constraints specific to each country. The efforts on lifting these constraints and future opportunities for growth are discussed. Such a case study approach provides valuable insight to help policymakers create a targeted strategy for development. The study explores the current state of HOA, in terms of the growth in the Horn region, taking into account factors such as poor social returns, policy, restricted access to finance, instability and market failures.