Exiting Financial Repression : The Case of Ethiopia

Exiting Financial Repression : The Case of Ethiopia

Place: 
Washington, D. C.
Publisher: 
World Bank Group
Date published: 
2019
Corporate Author: 
World Bank Group
Abstract: 

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.

Language: 

CITATION: World Bank Group. Exiting Financial Repression : The Case of Ethiopia . Washington, D. C. : World Bank Group , 2019. - Available at: http://library.au.int/exiting-financial-repression-case-ethiopia