Exiting Financial Repression : The Case of Ethiopia

Exiting Financial Repression : The Case of Ethiopia

Ethiopia's framework for managing its monetary and foreign exchange policy has relied on some standard instruments of financial repression. Over time, the framework has led to the buildup of large macro-financial imbalances. Exiting financial...

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Bibliographic Details
Main Authors: Chauffour, Jean-Pierre, Gobezie, Muluneh Ayalew
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
FINANCIAL ECONOMICS
GOVERNMENT POLICY
FISCAL POLICY
MONETARY POLICY
SOCIALIST INSTITUTIONS
FOREIGN EXCHANGE
CURRENCY
FINANCIAL LIBERALIZATION
Online Access:http://documents.worldbank.org/curated/en/634091576158841364/Exiting-Financial-Repression-The-Case-of-Ethiopia
http://hdl.handle.net/10986/33025
id okr-10986-33025
recordtype oai_dc
spelling okr-10986-330252022-09-20T00:12:01Z Exiting Financial Repression : The Case of Ethiopia Chauffour, Jean-Pierre Gobezie, Muluneh Ayalew FINANCIAL ECONOMICS GOVERNMENT POLICY FISCAL POLICY MONETARY POLICY SOCIALIST INSTITUTIONS FOREIGN EXCHANGE CURRENCY FINANCIAL LIBERALIZATION Ethiopia's framework for managing its monetary and foreign exchange policy has relied on some standard instruments of financial repression. Over time, the framework has led to the buildup of large macro-financial imbalances. Exiting financial repression while maintaining macroeconomic stability would require solid control over the macro-financial flows and good anticipation of the immediate financial effects of the reform. The paper presents and quantifies such a gradual liberalization reform scenario of Ethiopia's monetary and foreign exchange system. 2019-12-13T22:04:54Z 2019-12-13T22:04:54Z 2019-12 Working Paper http://documents.worldbank.org/curated/en/634091576158841364/Exiting-Financial-Repression-The-Case-of-Ethiopia http://hdl.handle.net/10986/33025 English Policy Research Working Paper;No. 9082 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Africa Ethiopia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic FINANCIAL ECONOMICS
GOVERNMENT POLICY
FISCAL POLICY
MONETARY POLICY
SOCIALIST INSTITUTIONS
FOREIGN EXCHANGE
CURRENCY
FINANCIAL LIBERALIZATION
spellingShingle FINANCIAL ECONOMICS
GOVERNMENT POLICY
FISCAL POLICY
MONETARY POLICY
SOCIALIST INSTITUTIONS
FOREIGN EXCHANGE
CURRENCY
FINANCIAL LIBERALIZATION
Chauffour, Jean-Pierre
Gobezie, Muluneh Ayalew
Exiting Financial Repression : The Case of Ethiopia
geographic_facet Africa
Ethiopia
relation Policy Research Working Paper;No. 9082
description Ethiopia's framework for managing its monetary and foreign exchange policy has relied on some standard instruments of financial repression. Over time, the framework has led to the buildup of large macro-financial imbalances. Exiting financial repression while maintaining macroeconomic stability would require solid control over the macro-financial flows and good anticipation of the immediate financial effects of the reform. The paper presents and quantifies such a gradual liberalization reform scenario of Ethiopia's monetary and foreign exchange system.
format Working Paper
author Chauffour, Jean-Pierre
Gobezie, Muluneh Ayalew
author_facet Chauffour, Jean-Pierre
Gobezie, Muluneh Ayalew
author_sort Chauffour, Jean-Pierre
title Exiting Financial Repression : The Case of Ethiopia
title_short Exiting Financial Repression : The Case of Ethiopia
title_full Exiting Financial Repression : The Case of Ethiopia
title_fullStr Exiting Financial Repression : The Case of Ethiopia
title_full_unstemmed Exiting Financial Repression : The Case of Ethiopia
title_sort exiting financial repression : the case of ethiopia
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/634091576158841364/Exiting-Financial-Repression-The-Case-of-Ethiopia
http://hdl.handle.net/10986/33025
_version_ 1764477833083617280

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