Before reflecting on what kind of economic model Ethiopia needs, it is imperative to analyze what Ethiopia’s economic potentials are. In order to achieve fast and sustainable growth, the model must prioritize three things. First, we must recognize that we are a low income economy or LDC. Second, we must recognize that we have huge untapped resources. There is huge underemployed and unemployed labor, land, and other resources. For instance, there is redundant labor in agriculture. The third is structural rigidity. There are many problems that hold us back from utilizing markets, infrastructure, resources and others. The model must remove the structural rigidities.