Whether or not Ethiopia’s external debt is growing too fast and too large has become an emerging topic of conversation among many observers.  While the government is seeking to tap any and all sources of financing domestic and foreign, observers argue that the country needs to be very careful about acquiring any more loans.  As always, the World Bank and the International Monetary Fund are the thought leaders and have taken it upon themselves to point out all of the hidden dangers of the growing external indebtedness.  But others, including Ethiopian academics, are chiming in their agreement with the concerns raised by the two multilateral institutions.