The Gadaa system is one of the most comprehensive socio-economic institutions of the Oromo people and was recognized as a UNESCO World Heritage of Humanity. Despite this global recognition, the Gadaa system remains insufficiently documented in scientific literature. This study is aimed at exploring the economic ideas embedded in the Gadaa system, an indigenous socio-economic institution of the Oromo people, and demonstrates its relevance as an African homegrown economic policy framework. This study employed a qualitative research approach and thematic analysis to achieve its objectives. The findings reveal that the Gadaa system constitutes a holistic economic order integrating agriculture, livestock rearing, trade, industry, land and natural resource management, population dynamics, labor organization, saving and investment, poverty alleviation, insurance, time management, and market participation. Key economic concepts such as productivity, opportunity cost, savings and investment linkage, labor mobilization, entrepreneurship, risk sharing, and sustainable resource use are deeply embedded in Oromo cultural expressions and institutions. Practices including land fallowing, crop rotation, equitable land distribution systems (Qixxee and Afureffaa), communal labor (Daboo), and traditional insurance (Buusaa Gonofaa) demonstrate advanced mechanisms for efficiency, equity, and social protection. The system discourages laziness, dependency, and waste while promoting hard work, planning, self-reliance, and local solutions to poverty. Proverbs and blessings emphasize time as an economic resource and encourage prudent saving, investment, and market participation. Population-related practices, such as Guddifachaa (adoption), reflect an economic philosophy that values population as an asset when guided by responsibility and planning. Environmental conservation principles further align the system with contemporary sustainability discourse. The study concludes that the Gadaa system is a comprehensive indigenous economic framework that predates and complements modern economic theory, offering important insights for policy, particularly Ethiopia’s homegrown economic reform agenda. Its principles offer valuable insights for contemporary development policy, particularly Ethiopia’s homegrown economic reform agenda. The study recommends systematic documentation, policy integration, and academic engagement with Gadaa economic knowledge, and calls for further interdisciplinary research to refine and adapt these indigenous economic principles for modern governance and sustainable development.
Ayana et al. (Thu,) studied this question.