The Third Way & the Third World

This article is originally produced by Doug Porter and David Craig who are prominent writers in fields related to development studies and poverty reduction. Mr. Yirgalem Eshete tries to review this articles in the context of least developing countries, particularly Ethiopia. The article made clear that there is huge dissatisfaction in the approaches of pure capitalism and socialism that there is a need for a third way that reconciles the failures of the two extremes.