This paper assesses the recent policy reforms. The result shows that there is no evidence that the poverty situation has improved. Most individuals and government officials have said there are political, socio-economic and nation-building achievements in the successful completion of 19 years (1991-2010) EPRDF-led govt. They claim remarkable progresses have been made in the areas of economic growth, employment, poverty alleviation, health, peace, democracy, paving the way for prosperous Ethiopia. The opponents of the EPRDF claim that under the Derg and the EPRDF regimes, the performance of agriculture and the economy has been disappointing over the last three decades. They have failed to resolve economic crisis, mass poverty, illiteracy and unemployment problems. The EPRDF is ready to face the general election on May 23rd, 2010 after successfully completion of the government led by the Prime Minister, Mr. Meles Zenawi for 19 years. It is a right time to review the regime of the EPRDF. Lastly, there is an attempt to get an alternative approach to the development of the Ethiopian society.
Key words: Agricultural development, industrialization, strategy, Ethiopia.
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