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On the Capacity to Absorb Public Investment: How Much is Too Much?

On the Capacity to Absorb Public Investment: How Much is Too Much? »

Volume/Issue: 2020/48

Series: IMF Working Papers

Author(s): Daniel Gurara , Kangni Kpodar , Andrea Presbitero , and Dawit Tessema

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 February 2020

DOI: http://dx.doi.org/10.5089/9781513529981.001

ISBN: 9781513529981

Keywords: National income, Public investments, Absorptive capacity, Economic growth, Public investment programs, Public investment, Unit costs, Investment efficiency, infrastructure, WP

While expanding public investment can help filling infrastructure bottlenecks, scaling up too much and too fast often leads to inefficient outcomes. This paper rationalizes this outcome looking at the association b...

On the Capacity to Absorb Public Investment: How Much is Too Much?†

On the Capacity to Absorb Public Investment: How Much is Too Much?† »

Source: On the Capacity to Absorb Public Investment: How Much is Too Much?

Volume/Issue: 2020/48

Series: IMF Working Papers

Author(s): Daniel Gurara , Kangni Kpodar , Andrea Presbitero , and Dawit Tessema

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 February 2020

ISBN: 9781513529981

Keywords: National income, Public investments, Absorptive capacity, Economic growth, Public investment programs, Public investment, Unit costs, Investment efficiency, infrastructure, WP

While expanding public investment can help filling infrastructure bottlenecks, scaling up too much and too fast often leads to inefficient outcomes. This paper rationalizes this outcome looking at the association b...

The Federal Democratic Republic of Ethiopia: 2019 Article IV Consultation and Request for Three-year Arrangement Under the Extended Credit Facility and an Arrangement Under the Extended Fund Facility—Informational Annex

The Federal Democratic Republic of Ethiopia: 2019 Article IV Consultation and Request for Three-year Arrangement Under the Extended Credit Facility and an Arrangement Under the Extended Fund Facility—Informational Annex »

Source: The Federal Democratic Republic of Ethiopia : 2019 Article IV Consultation and Requests for Three-Year Arrangement under the Extended Credit Facility and an Arrangement under the Extended Fund Facility-Press Release and Staff Report

Volume/Issue: 2020/29

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 January 2020

ISBN: 9781513528137

Keywords: External sector, Balance of payments, Economic policy, Monetary statistics, Financial statistics, ISCR, CR, SOEs, NBE, percent of GDP

In the last decade, rapid growth, the fastest in Sub-Saharan Africa, and strong policies to address poverty have yielded a remarkable improvement in living standards. But the debt-financed public investment-led dev...

The Federal Democratic Republic of Ethiopia: 2019 Article IV Consultation and Requests for Three-year Arrangement Under the Extended Credit Facility and an Arrangement Under the Extended Fund Facility—Press Release and Staff Report

The Federal Democratic Republic of Ethiopia: 2019 Article IV Consultation and Requests for Three-year Arrangement Under the Extended Credit Facility and an Arrangement Under the Extended Fund Facility—Press Release and Staff Report »

Source: The Federal Democratic Republic of Ethiopia : 2019 Article IV Consultation and Requests for Three-Year Arrangement under the Extended Credit Facility and an Arrangement under the Extended Fund Facility-Press Release and Staff Report

Volume/Issue: 2020/29

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 January 2020

ISBN: 9781513528137

Keywords: External sector, Balance of payments, Economic policy, Monetary statistics, Financial statistics, ISCR, CR, SOEs, NBE, percent of GDP

In the last decade, rapid growth, the fastest in Sub-Saharan Africa, and strong policies to address poverty have yielded a remarkable improvement in living standards. But the debt-financed public investment-led dev...

The Federal Democratic Republic of Ethiopia: Staff Report for Article IV Consultation and Requests for a Three-year Arrangement Under the Extended Credit Facility and an Arrangement Under the Extended Fund Facility— Debt Sustainability Analysis

The Federal Democratic Republic of Ethiopia: Staff Report for Article IV Consultation and Requests for a Three-year Arrangement Under the Extended Credit Facility and an Arrangement Under the Extended Fund Facility— Debt Sustainability Analysis »

Source: The Federal Democratic Republic of Ethiopia : 2019 Article IV Consultation and Requests for Three-Year Arrangement under the Extended Credit Facility and an Arrangement under the Extended Fund Facility-Press Release and Staff Report

Volume/Issue: 2020/29

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 January 2020

ISBN: 9781513528137

Keywords: External sector, Balance of payments, Economic policy, Monetary statistics, Financial statistics, ISCR, CR, SOEs, NBE, percent of GDP

In the last decade, rapid growth, the fastest in Sub-Saharan Africa, and strong policies to address poverty have yielded a remarkable improvement in living standards. But the debt-financed public investment-led dev...

IMF Executive Board Concludes 2019 Article IV Consultation with The Federal Democratic Republic of Ethiopia

IMF Executive Board Concludes 2019 Article IV Consultation with The Federal Democratic Republic of Ethiopia »

Source: The Federal Democratic Republic of Ethiopia : 2019 Article IV Consultation and Requests for Three-Year Arrangement under the Extended Credit Facility and an Arrangement under the Extended Fund Facility-Press Release and Staff Report

Volume/Issue: 2020/29

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 January 2020

ISBN: 9781513528137

Keywords: External sector, Balance of payments, Economic policy, Monetary statistics, Financial statistics, ISCR, CR, SOEs, NBE, percent of GDP

In the last decade, rapid growth, the fastest in Sub-Saharan Africa, and strong policies to address poverty have yielded a remarkable improvement in living standards. But the debt-financed public investment-led dev...

The Federal Democratic Republic of Ethiopia
			: 2019 Article IV Consultation and Requests for Three-Year Arrangement under the Extended Credit Facility and an Arrangement under the Extended Fund Facility-Press Release and Staff Report

The Federal Democratic Republic of Ethiopia : 2019 Article IV Consultation and Requests for Three-Year Arrangement under the Extended Credit Facility and an Arrangement under the Extended Fund Facility-Press Release and Staff Report »

Volume/Issue: 2020/29

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 January 2020

DOI: http://dx.doi.org/10.5089/9781513528137.002

ISBN: 9781513528137

Keywords: External sector, Balance of payments, Economic policy, Monetary statistics, Financial statistics, ISCR, CR, SOEs, NBE, percent of GDP

In the last decade, rapid growth, the fastest in Sub-Saharan Africa, and strong policies to address poverty have yielded a remarkable improvement in living standards. But the debt-financed public investment-led dev...

A Governance Dividend for Sub-Saharan Africa?1

A Governance Dividend for Sub-Saharan Africa?1 »

Source: A Governance Dividend for Sub-Saharan Africa?

Volume/Issue: 2019/1

Series: IMF Working Papers

Author(s): Amine Hammadi , Marshall Mills , Nelson Sobrinho , Vimal Thakoor , and Ricardo Velloso

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 January 2019

ISBN: 9781484354872

Keywords: Zambia, Zimbabwe, Congo, Democratic Republic of the, Congo, Republic of, Rwanda, Senegal, Seychelles, Sierra Leone, South Africa, Sub-Saharan Africa

Countries in Sub-Saharan Africa (SSA) tend to lag those in most other regions in terms of governance and perceptions of corruption. Weak governance undermines economic performance through various channels, includin...

A Governance Dividend for Sub-Saharan Africa?

A Governance Dividend for Sub-Saharan Africa? »

Volume/Issue: 2019/1

Series: IMF Working Papers

Author(s): Amine Hammadi , Marshall Mills , Nelson Sobrinho , Vimal Thakoor , and Ricardo Velloso

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 January 2019

DOI: http://dx.doi.org/10.5089/9781484354872.001

ISBN: 9781484354872

Keywords: Zambia, Zimbabwe, Congo, Democratic Republic of the, Congo, Republic of, Rwanda, Senegal, Seychelles, Sierra Leone, South Africa, Sub-Saharan Africa

Countries in Sub-Saharan Africa (SSA) tend to lag those in most other regions in terms of governance and perceptions of corruption. Weak governance undermines economic performance through various channels, includin...

The Federal Democratic Republic of Ethiopia

The Federal Democratic Republic of Ethiopia »

Source: The Federal Democratic Republic of Ethiopia : Selected Issues

Volume/Issue: 2018/355

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 2018

ISBN: 9781484388662

Keywords: Ethiopia, Sub-Saharan Africa

Selected Issues...

The Federal Democratic Republic of Ethiopia: Staff Report for the 2018 Article IV Consultation

The Federal Democratic Republic of Ethiopia: Staff Report for the 2018 Article IV Consultation »

Source: The Federal Democratic Republic of Ethiopia : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

Volume/Issue: 2018/354

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 2018

ISBN: 9781484388600

Keywords: Sub-Saharan Africa, Ethiopia

Context: In 2017/18 growth slowed due to political uncertainty and appropriately restrictive macroeconomic policies. The external current account deficit narrowed to 6.4 percent of GDP reflecting public-sector fis...

The Federal Democratic Republic of Ethiopia: Staff Report for the 2018 Article IV Consultation—Debt Sustainability Analysis

The Federal Democratic Republic of Ethiopia: Staff Report for the 2018 Article IV Consultation—Debt Sustainability Analysis »

Source: The Federal Democratic Republic of Ethiopia : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

Volume/Issue: 2018/354

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 2018

ISBN: 9781484388600

Keywords: Sub-Saharan Africa, Ethiopia

Context: In 2017/18 growth slowed due to political uncertainty and appropriately restrictive macroeconomic policies. The external current account deficit narrowed to 6.4 percent of GDP reflecting public-sector fis...

The Federal Democratic Republic of Ethiopia: Staff Report for the 2018 Article IV Consultation—Informational Annex

The Federal Democratic Republic of Ethiopia: Staff Report for the 2018 Article IV Consultation—Informational Annex »

Source: The Federal Democratic Republic of Ethiopia : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

Volume/Issue: 2018/354

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 2018

ISBN: 9781484388600

Keywords: Sub-Saharan Africa, Ethiopia

Context: In 2017/18 growth slowed due to political uncertainty and appropriately restrictive macroeconomic policies. The external current account deficit narrowed to 6.4 percent of GDP reflecting public-sector fis...

IMF Executive Board Concludes 2018 Article IV Consultation with the Federal Democratic Republic of Ethiopia

IMF Executive Board Concludes 2018 Article IV Consultation with the Federal Democratic Republic of Ethiopia »

Source: The Federal Democratic Republic of Ethiopia : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

Volume/Issue: 2018/354

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 2018

ISBN: 9781484388600

Keywords: Sub-Saharan Africa, Ethiopia

Context: In 2017/18 growth slowed due to political uncertainty and appropriately restrictive macroeconomic policies. The external current account deficit narrowed to 6.4 percent of GDP reflecting public-sector fis...

The Federal Democratic Republic of Ethiopia
			: Selected Issues

The Federal Democratic Republic of Ethiopia : Selected Issues »

Volume/Issue: 2018/355

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 2018

DOI: http://dx.doi.org/10.5089/9781484388662.002

ISBN: 9781484388662

Keywords: Ethiopia, Sub-Saharan Africa

Selected Issues...

The Federal Democratic Republic of Ethiopia
			: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

The Federal Democratic Republic of Ethiopia : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia »

Volume/Issue: 2018/354

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 2018

DOI: http://dx.doi.org/10.5089/9781484388600.002

ISBN: 9781484388600

Keywords: Sub-Saharan Africa, Ethiopia

Context: In 2017/18 growth slowed due to political uncertainty and appropriately restrictive macroeconomic policies. The external current account deficit narrowed to 6.4 percent of GDP reflecting public-sector fis...

Statement by the Executive Director, Mr, Dumisani Hebert Mahlinza and by the Senior Advisor of the Executive Director, Ms. Gloria Gasasira-Manzi on The Federal Democratic Republic of Ethiopia

Statement by the Executive Director, Mr, Dumisani Hebert Mahlinza and by the Senior Advisor of the Executive Director, Ms. Gloria Gasasira-Manzi on The Federal Democratic Republic of Ethiopia »

Source: The Federal Democratic Republic of Ethiopia : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

Volume/Issue: 2018/354

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 2018

ISBN: 9781484388600

Keywords: Sub-Saharan Africa, Ethiopia

Context: In 2017/18 growth slowed due to political uncertainty and appropriately restrictive macroeconomic policies. The external current account deficit narrowed to 6.4 percent of GDP reflecting public-sector fis...

Regional Spillovers in Sub-Saharan Africa
			: Exploring Different Channels

Regional Spillovers in Sub-Saharan Africa : Exploring Different Channels »

Volume/Issue: 2018/1

Series: Spillover Notes

Author(s): Francisco Arizala , Matthieu Bellon , Margaux MacDonald , Montfort Mlachila , and Mustafa Yenice

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2018

DOI: http://dx.doi.org/10.5089/9781484367148.062

ISBN: 9781484367148

Keywords: Uganda, Togo, Tanzania, Swaziland, South Sudan, Spillovers, Sub-Saharan Africa, Sierra Leone, Congo, Republic of, Congo, Democratic Republic of the

After close to two decades of strong economic activity, overall growth in sub-Saharan Africa decelerated markedly in 2015-16 as the largest economies experienced negative or flat growth. Regional growth started rec...

Regional Spillovers in Sub-Saharan Africa

Regional Spillovers in Sub-Saharan Africa »

Source: Regional Spillovers in Sub-Saharan Africa : Exploring Different Channels

Volume/Issue: 2018/1

Series: Spillover Notes

Author(s): Francisco Arizala , Matthieu Bellon , Margaux MacDonald , Montfort Mlachila , and Mustafa Yenice

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2018

ISBN: 9781484367148

Keywords: Uganda, Togo, Tanzania, Swaziland, South Sudan, Spillovers, Sub-Saharan Africa, Sierra Leone, Congo, Republic of, Congo, Democratic Republic of the

After close to two decades of strong economic activity, overall growth in sub-Saharan Africa decelerated markedly in 2015-16 as the largest economies experienced negative or flat growth. Regional growth started rec...

Lessons for Effective  Fiscal Decentralization in  Sub-Saharan Africa

Lessons for Effective Fiscal Decentralization in Sub-Saharan Africa »

Volume/Issue: 2018/10

Series: Departmental Papers / Policy Papers

Author(s): Niko Hobdari , Vina Nguyen , Salvatore Dell'Erba , and Edgardo Ruggiero

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 July 2018

DOI: http://dx.doi.org/10.5089/9781484358269.087

ISBN: 9781484358269

Keywords: Kenya, Ghana, Guinea, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius

Fiscal decentralization is becoming a pressing issue in a number of countries in sub-Saharan Africa, reflecting demands for a greater local voice in spending decisions and efforts to strengthen social cohesion. Aga...

Public Investment Efficiency in Sub-Saharan African Countries

Public Investment Efficiency in Sub-Saharan African Countries »

Volume/Issue: 2018/9

Series: Departmental Papers / Policy Papers

Author(s): Karim Barhoumi , Ha Vu , Shirin Nikaein Towfighian , and Rodolfo Maino

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 July 2018

DOI: http://dx.doi.org/10.5089/9781484360019.087

ISBN: 9781484360019

Keywords: Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, Comoros, Djibouti

There is significant room to improve public investment efficiency in sub-Saharan Africa. Investment in sub-Saharan African countries is lagging vis-à-vis peers such as emerging and developing Asia as well as Latin...

Lessons for Effective  Fiscal Decentralization in  Sub-Saharan Africa

Lessons for Effective Fiscal Decentralization in Sub-Saharan Africa »

Source: Lessons for Effective Fiscal Decentralization in Sub-Saharan Africa

Volume/Issue: 2018/10

Series: Departmental Papers / Policy Papers

Author(s): Niko Hobdari , Vina Nguyen , Salvatore Dell'Erba , and Edgardo Ruggiero

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 July 2018

ISBN: 9781484358269

Keywords: Kenya, Ghana, Guinea, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius

Fiscal decentralization is becoming a pressing issue in a number of countries in sub-Saharan Africa, reflecting demands for a greater local voice in spending decisions and efforts to strengthen social cohesion. Aga...

Public Investment Efficiency in Sub-Saharan African Countries

Public Investment Efficiency in Sub-Saharan African Countries »

Source: Public Investment Efficiency in Sub-Saharan African Countries

Volume/Issue: 2018/9

Series: Departmental Papers / Policy Papers

Author(s): Karim Barhoumi , Ha Vu , Shirin Nikaein Towfighian , and Rodolfo Maino

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 July 2018

ISBN: 9781484360019

Keywords: Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, Comoros, Djibouti

There is significant room to improve public investment efficiency in sub-Saharan Africa. Investment in sub-Saharan African countries is lagging vis-à-vis peers such as emerging and developing Asia as well as Latin...

IMF Policy Paper: IMF Executive Board Concludes 2017 Article IV Consultation with the Federal Democratic Republic of Ethiopia

IMF Policy Paper: IMF Executive Board Concludes 2017 Article IV Consultation with the Federal Democratic Republic of Ethiopia »

Source: The Federal Democratic Republic of Ethiopia : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

Volume/Issue: 2018/18

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 January 2018

ISBN: 9781484338506

Keywords: Article IV consultation reports, Fiscal policy, Exchange rate policy, Monetary policy, Financial sector, Private sector, Social safety nets, Revenue mobilization, Infrastructure, Export diversification

Ethiopia has an impressive record of human development improvements and output growth-averaging about 10 percent in the last decade-underpinned by public investment and productivity gains. However, over the last th...

IMF Policy Paper: Statement by the Executive Director, Mr. Maxwell M. Mkwezalamba, by the Senior Advisor of the Executive Director, Ms. Gloria Gasasira-Manzi, and by the Advisor of the Executive Director, Mr. Willie Nakunyada on The Federal Democratic Republic of Ethiopia January 12,2018

IMF Policy Paper: Statement by the Executive Director, Mr. Maxwell M. Mkwezalamba, by the Senior Advisor of the Executive Director, Ms. Gloria Gasasira-Manzi, and by the Advisor of the Executive Director, Mr. Willie Nakunyada on The Federal Democratic Republic of Ethiopia January 12,2018 »

Source: The Federal Democratic Republic of Ethiopia : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

Volume/Issue: 2018/18

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 January 2018

ISBN: 9781484338506

Keywords: Article IV consultation reports, Fiscal policy, Exchange rate policy, Monetary policy, Financial sector, Private sector, Social safety nets, Revenue mobilization, Infrastructure, Export diversification

Ethiopia has an impressive record of human development improvements and output growth-averaging about 10 percent in the last decade-underpinned by public investment and productivity gains. However, over the last th...

The Federal Democratic Republic of Ethiopia
			: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

The Federal Democratic Republic of Ethiopia : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia »

Volume/Issue: 2018/18

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 January 2018

DOI: http://dx.doi.org/10.5089/9781484338506.002

ISBN: 9781484338506

Keywords: Article IV consultation reports, Fiscal policy, Exchange rate policy, Monetary policy, Financial sector, Private sector, Social safety nets, Revenue mobilization, Infrastructure, Export diversification

Ethiopia has an impressive record of human development improvements and output growth-averaging about 10 percent in the last decade-underpinned by public investment and productivity gains. However, over the last th...

IMF Policy Paper: The Federal Democratic Republic Of Ethiopia: Staff Report For The 2017 Article IV Consultation

IMF Policy Paper: The Federal Democratic Republic Of Ethiopia: Staff Report For The 2017 Article IV Consultation »

Source: The Federal Democratic Republic of Ethiopia : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

Volume/Issue: 2018/18

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 January 2018

ISBN: 9781484338506

Keywords: Article IV consultation reports, Fiscal policy, Exchange rate policy, Monetary policy, Financial sector, Private sector, Social safety nets, Revenue mobilization, Infrastructure, Export diversification

Ethiopia has an impressive record of human development improvements and output growth-averaging about 10 percent in the last decade-underpinned by public investment and productivity gains. However, over the last th...

IMF Policy Paper: The Federal Democratic Republic Of Ethiopia: Staff Report For The 2017 Article Iv Consultation—Debt Sustainability Analysis

IMF Policy Paper: The Federal Democratic Republic Of Ethiopia: Staff Report For The 2017 Article Iv Consultation—Debt Sustainability Analysis »

Source: The Federal Democratic Republic of Ethiopia : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

Volume/Issue: 2018/18

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 January 2018

ISBN: 9781484338506

Keywords: Article IV consultation reports, Fiscal policy, Exchange rate policy, Monetary policy, Financial sector, Private sector, Social safety nets, Revenue mobilization, Infrastructure, Export diversification

Ethiopia has an impressive record of human development improvements and output growth-averaging about 10 percent in the last decade-underpinned by public investment and productivity gains. However, over the last th...

IMF Policy Paper: The Federal Democratic Republic Of Ethiopia: Staff Report For The 2017 Article IV Consultation—Informational Annex

IMF Policy Paper: The Federal Democratic Republic Of Ethiopia: Staff Report For The 2017 Article IV Consultation—Informational Annex »

Source: The Federal Democratic Republic of Ethiopia : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

Volume/Issue: 2018/18

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 January 2018

ISBN: 9781484338506

Keywords: Article IV consultation reports, Fiscal policy, Exchange rate policy, Monetary policy, Financial sector, Private sector, Social safety nets, Revenue mobilization, Infrastructure, Export diversification

Ethiopia has an impressive record of human development improvements and output growth-averaging about 10 percent in the last decade-underpinned by public investment and productivity gains. However, over the last th...

Medium-Term Budget Frameworks in Sub-Saharan African Countries

Medium-Term Budget Frameworks in Sub-Saharan African Countries »

Volume/Issue: 2017/203

Series: IMF Working Papers

Author(s): Richard Allen , Taz Chaponda , Lesley Fisher , and Rohini Ray

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 September 2017

DOI: http://dx.doi.org/10.5089/9781484314203.001

ISBN: 9781484314203

Keywords: Zambia, Congo, Republic of, Congo, Democratic Republic of the, Zimbabwe, Uganda, Togo, Tanzania, Sudan, Swaziland, Sub-Saharan Africa

More than 15 years ago, many countries in sub-Saharan Africa embarked on a program of budgetary reform, an important element of which was a medium-term budget framework (MTBF). This working paper focuses on the per...

Medium-Term Budget Frameworks in Sub-Saharan African Countries

Medium-Term Budget Frameworks in Sub-Saharan African Countries »

Source: Medium-Term Budget Frameworks in Sub-Saharan African Countries

Volume/Issue: 2017/203

Series: IMF Working Papers

Author(s): Richard Allen , Taz Chaponda , Lesley Fisher , and Rohini Ray

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 September 2017

ISBN: 9781484314203

Keywords: Zambia, Congo, Republic of, Congo, Democratic Republic of the, Zimbabwe, Uganda, Togo, Tanzania, Sudan, Swaziland, Sub-Saharan Africa

More than 15 years ago, many countries in sub-Saharan Africa embarked on a program of budgetary reform, an important element of which was a medium-term budget framework (MTBF). This working paper focuses on the per...

Growth Breaks and Growth Spells in Sub-Saharan Africa

Growth Breaks and Growth Spells in Sub-Saharan Africa »

Source: Growth Breaks and Growth Spells in Sub-Saharan Africa

Volume/Issue: 2017/202

Series: IMF Working Papers

Author(s): Francisco Arizala , Jesus Gonzalez-Garcia , Charalambos Tsangarides , and Mustafa Yenice

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 September 2017

ISBN: 9781484314166

Keywords: Africa, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, Comoros

This paper examines the growth performance of sub-Saharan African countries since 1960 through the lens of growth turning points (accelerations and decelerations) and periods of sustained growth (growth spells). Gr...

Growth Breaks and Growth Spells in Sub-Saharan Africa

Growth Breaks and Growth Spells in Sub-Saharan Africa »

Volume/Issue: 2017/202

Series: IMF Working Papers

Author(s): Francisco Arizala , Jesus Gonzalez-Garcia , Charalambos Tsangarides , and Mustafa Yenice

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 September 2017

DOI: http://dx.doi.org/10.5089/9781484314166.001

ISBN: 9781484314166

Keywords: Africa, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, Comoros

This paper examines the growth performance of sub-Saharan African countries since 1960 through the lens of growth turning points (accelerations and decelerations) and periods of sustained growth (growth spells). Gr...

The Informal Economy in Sub-Saharan Africa
			: Size and Determinants

The Informal Economy in Sub-Saharan Africa : Size and Determinants »

Volume/Issue: 2017/156

Series: IMF Working Papers

Author(s): Leandro Medina , Andrew Jonelis , and Mehmet Cangul

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 July 2017

DOI: http://dx.doi.org/10.5089/9781484305942.001

ISBN: 9781484305942

Keywords: Uganda, South Africa, Rwanda, Senegal, Seychelles, Sierra Leone, Sudan, Swaziland, Tanzania, Togo

The multiple indicator-multiple cause (MIMIC) method is a well-established tool for measuring informal economic activity. However, it has been criticized because GDP is used both as a cause and indicator variable....

The Informal Economy in Sub-Saharan Africa

The Informal Economy in Sub-Saharan Africa »

Source: The Informal Economy in Sub-Saharan Africa : Size and Determinants

Volume/Issue: 2017/156

Series: IMF Working Papers

Author(s): Leandro Medina , Andrew Jonelis , and Mehmet Cangul

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 July 2017

ISBN: 9781484305942

Keywords: Uganda, South Africa, Rwanda, Senegal, Seychelles, Sierra Leone, Sudan, Swaziland, Tanzania, Togo

The multiple indicator-multiple cause (MIMIC) method is a well-established tool for measuring informal economic activity. However, it has been criticized because GDP is used both as a cause and indicator variable....

Chapter 4. Conclusion

Chapter 4. Conclusion »

Source: Structural Transformation in Employment and Productivity : What Can Africa Hope For?

Series: Departmental Papers / Policy Papers

Author(s): Louise Fox , Alun Thomas , and Cleary Haines

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

ISBN: 9781475583397

Keywords: Employment, Productivity, Structural adjustment, Structural transformation, Sub Saharan Africa

Structural transformation in output and employment in sub-Saharan Africa has become a major concern of development economists. This is because analysis of past trends suggests that while the output transform...

Chapter 1. Output, Demographic, and Employment Transformation in Sub-Saharan Africa and Asia

Chapter 1. Output, Demographic, and Employment Transformation in Sub-Saharan Africa and Asia »

Source: Structural Transformation in Employment and Productivity : What Can Africa Hope For?

Series: Departmental Papers / Policy Papers

Author(s): Louise Fox , Alun Thomas , and Cleary Haines

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

ISBN: 9781475583397

Keywords: Employment, Productivity, Structural adjustment, Structural transformation, Sub Saharan Africa

Structural transformation has become a widely used macroeconomic measure of the quality of the economic development process. 1 It is widely accepted that in order for it to happen...

Chapter 3. Projecting Output, Employment, and Productivity Forward through 2020

Chapter 3. Projecting Output, Employment, and Productivity Forward through 2020 »

Source: Structural Transformation in Employment and Productivity : What Can Africa Hope For?

Series: Departmental Papers / Policy Papers

Author(s): Louise Fox , Alun Thomas , and Cleary Haines

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

ISBN: 9781475583397

Keywords: Employment, Productivity, Structural adjustment, Structural transformation, Sub Saharan Africa

This chapter uses the previously developed output and employment projections and analyzes what they mean for medium-term structural transformation in sub-Saharan Africa. The methodology for the projections i...

Chapter 2. Transformation and Productivity: Comparison with Asia

Chapter 2. Transformation and Productivity: Comparison with Asia »

Source: Structural Transformation in Employment and Productivity : What Can Africa Hope For?

Series: Departmental Papers / Policy Papers

Author(s): Louise Fox , Alun Thomas , and Cleary Haines

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

ISBN: 9781475583397

Keywords: Employment, Productivity, Structural adjustment, Structural transformation, Sub Saharan Africa

Productivity Transformation The employment and output data were combined to make assessments of the speed of structural adjustment in sub-Saharan Africa compared with Asian countries...

Structural Transformation in Employment and Productivity
			: What Can Africa Hope For?

Structural Transformation in Employment and Productivity : What Can Africa Hope For? »

Volume: 17

Series: Departmental Papers / Policy Papers

Author(s): Louise Fox , Alun Thomas , and Cleary Haines

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

DOI: http://dx.doi.org/10.5089/9781475583397.087

ISBN: 9781475583397

Keywords: Employment, Productivity, Structural adjustment, Structural transformation, Sub Saharan Africa

This paper provides the most complete analysis of the structural transformation among low- and low-middle-income countries in sub-Saharan Africa to date....

Structural Transformation in Employment and Productivity: What Can Africa Hope For?

Structural Transformation in Employment and Productivity: What Can Africa Hope For? »

Source: Structural Transformation in Employment and Productivity : What Can Africa Hope For?

Volume: 17

Series: Departmental Papers / Policy Papers

Author(s): Louise Fox , Alun Thomas , and Cleary Haines

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

ISBN: 9781475583397

Keywords: Employment, Productivity, Structural adjustment, Structural transformation, Sub Saharan Africa

This paper provides the most complete analysis of the structural transformation among low- and low-middle-income countries in sub-Saharan Africa to date....

Back Matter

Back Matter »

Source: Structural Transformation in Employment and Productivity : What Can Africa Hope For?

Series: Departmental Papers / Policy Papers

Author(s): Louise Fox , Alun Thomas , and Cleary Haines

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

ISBN: 9781475583397

Keywords: Employment, Productivity, Structural adjustment, Structural transformation, Sub Saharan Africa

This paper provides the most complete analysis of the structural transformation among low- and low-middle-income countries in sub-Saharan Africa to date....

Back Matter

Back Matter »

Source: A Work in Progress : Integrating Markets for Goods, Labor, and Capital in the East African Community

Series: Departmental Papers / Policy Papers

Author(s): Emre Alper , Wenjie Chen , Jemma Dridi , Herve Joly , and Fan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 January 2017

ISBN: 9781475560350

Keywords: financial integration, East African Community, goods, labor, capital

This paper assesses the extent of economic and financial integration among the East African Community (EAC) along a number of dimensions and, where possible, whether integration has increased in the wake of the maj...

Chapter 1. Analysis of Merchandise Trade Integration in the EAC

Chapter 1. Analysis of Merchandise Trade Integration in the EAC »

Source: A Work in Progress : Integrating Markets for Goods, Labor, and Capital in the East African Community

Series: Departmental Papers / Policy Papers

Author(s): Emre Alper , Wenjie Chen , Jemma Dridi , Herve Joly , and Fan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 January 2017

ISBN: 9781475560350

Keywords: financial integration, East African Community, goods, labor, capital

Evolution of Tariffs and Imports of EAC Countries since the Implementation of the CU The CU is the first integration milestone in the EAC. The EAC member states have...

Chapter 3. Financial Integration in the EAC

Chapter 3. Financial Integration in the EAC »

Source: A Work in Progress : Integrating Markets for Goods, Labor, and Capital in the East African Community

Series: Departmental Papers / Policy Papers

Author(s): Emre Alper , Wenjie Chen , Jemma Dridi , Herve Joly , and Fan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 January 2017

ISBN: 9781475560350

Keywords: financial integration, East African Community, goods, labor, capital

The CM protocol requires EAC countries to eliminate restrictions on the free movement of capital. Article 24 of the protocol eliminates capital flow restrictions among the member states based on...

Chapter 2. Labor Migration and Remittances in the EAC

Chapter 2. Labor Migration and Remittances in the EAC »

Source: A Work in Progress : Integrating Markets for Goods, Labor, and Capital in the East African Community

Series: Departmental Papers / Policy Papers

Author(s): Emre Alper , Wenjie Chen , Jemma Dridi , Herve Joly , and Fan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 January 2017

ISBN: 9781475560350

Keywords: financial integration, East African Community, goods, labor, capital

The CM is the second regional integration milestone of the EAC. The EAC partner states are expected to maintain a liberal stance toward the movement of goods, services, labor, and capital, and t...

A Work in Progress
			: Integrating Markets for Goods, Labor, and Capital in the East African Community

A Work in Progress : Integrating Markets for Goods, Labor, and Capital in the East African Community »

Volume: 17

Series: Departmental Papers / Policy Papers

Author(s): Emre Alper , Wenjie Chen , Jemma Dridi , Herve Joly , and Fan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 January 2017

DOI: http://dx.doi.org/10.5089/9781475560350.087

ISBN: 9781475560350

Keywords: financial integration, East African Community, goods, labor, capital

This paper assesses the extent of economic and financial integration among the East African Community (EAC) along a number of dimensions and, where possible, whether integration has increased in the wake of the maj...

Overview

Overview »

Source: A Work in Progress : Integrating Markets for Goods, Labor, and Capital in the East African Community

Series: Departmental Papers / Policy Papers

Author(s): Emre Alper , Wenjie Chen , Jemma Dridi , Herve Joly , and Fan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 January 2017

ISBN: 9781475560350

Keywords: financial integration, East African Community, goods, labor, capital

The East African Community (EAC) aims to deepen cooperation among its member states in the political, economic, and social domains. The EAC was formally established by Kenya, Tanzania, and Ugand...

A Work in Progress: Integrating Markets for Goods, Labor, and Capital in the East African Community

A Work in Progress: Integrating Markets for Goods, Labor, and Capital in the East African Community »

Source: A Work in Progress : Integrating Markets for Goods, Labor, and Capital in the East African Community

Volume: 17

Series: Departmental Papers / Policy Papers

Author(s): Emre Alper , Wenjie Chen , Jemma Dridi , Herve Joly , and Fan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 January 2017

ISBN: 9781475560350

Keywords: financial integration, East African Community, goods, labor, capital

This paper assesses the extent of economic and financial integration among the East African Community (EAC) along a number of dimensions and, where possible, whether integration has increased in the wake of the maj...

Food Inflation in Sub-Saharan Africa

Food Inflation in Sub-Saharan Africa »

Source: Food Inflation in Sub-Saharan Africa : Causes and Policy Implications

Volume/Issue: 2016/247

Series: IMF Working Papers

Author(s): Emre Alper , Niko Hobdari , and Ali Uppal

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2016

ISBN: 9781475563115

Keywords: South Africa, Seychelles, Sierra Leone, Rwanda, Senegal, Togo, Sub-Saharan Africa, Tanzania, Sudan, Swaziland

This paper analyzes food inflation trends in Sub-Saharan Africa (SSA) from 2000 to 2016 using two novel datasets of disaggregated CPI baskets. Average food inflation is higher, more volatile, and similarly persiste...

Food Inflation in Sub-Saharan Africa
			: Causes and Policy Implications

Food Inflation in Sub-Saharan Africa : Causes and Policy Implications »

Volume/Issue: 2016/247

Series: IMF Working Papers

Author(s): Emre Alper , Niko Hobdari , and Ali Uppal

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2016

DOI: http://dx.doi.org/10.5089/9781475563115.001

ISBN: 9781475563115

Keywords: South Africa, Seychelles, Sierra Leone, Rwanda, Senegal, Togo, Sub-Saharan Africa, Tanzania, Sudan, Swaziland

This paper analyzes food inflation trends in Sub-Saharan Africa (SSA) from 2000 to 2016 using two novel datasets of disaggregated CPI baskets. Average food inflation is higher, more volatile, and similarly persiste...

Sub-Saharan African Migration
			: Patterns and Spillovers

Sub-Saharan African Migration : Patterns and Spillovers »

Volume/Issue: 2016/09

Series: Spillover Notes

Author(s): Jesus Gonzalez-Garcia , Ermal Hitaj , Montfort Mlachila , Arina Viseth , and Mustafa Yenice

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 November 2016

DOI: http://dx.doi.org/10.5089/9781475546668.062

ISBN: 9781475546668

Keywords: Togo, Tanzania, Uganda, Swaziland, Spillovers, Sub-Saharan Africa, Rwanda, Senegal, Seychelles, Sierra Leone

Amid rapid population growth, migration in sub-Saharan Africa has been increasing briskly over the last 20 years. Up to the 1990s, the stock of migrants-citizens of one country living in another country-was dominat...

Sub-Saharan African Migration

Sub-Saharan African Migration »

Source: Sub-Saharan African Migration : Patterns and Spillovers

Volume/Issue: 2016/09

Series: Spillover Notes

Author(s): Jesus Gonzalez-Garcia , Ermal Hitaj , Montfort Mlachila , Arina Viseth , and Mustafa Yenice

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 November 2016

ISBN: 9781475546668

Keywords: Togo, Tanzania, Uganda, Swaziland, Spillovers, Sub-Saharan Africa, Rwanda, Senegal, Seychelles, Sierra Leone

Amid rapid population growth, migration in sub-Saharan Africa has been increasing briskly over the last 20 years. Up to the 1990s, the stock of migrants-citizens of one country living in another country-was dominat...

The Federal Democratic Republic of Ethiopia: Staff Report for the 2016 Article IV Consultation

The Federal Democratic Republic of Ethiopia: Staff Report for the 2016 Article IV Consultation »

Source: The Federal Democratic Republic of Ethiopia : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

Volume/Issue: 2016/322

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 October 2016

ISBN: 9781475543643

Keywords: Article IV consultation reports, Economic growth, Fiscal policy, Current account deficits, Resource mobilization, Exports, Manufacturing sector, Fiscal reforms, Monetary policy, Exchange rate assessments

This 2016 Article IV Consultation highlights that Ethiopia's macroeconomic outturn during 2015/16 has been adversely affected by a severe drought and the weak global environment. As a result, output growth is estim...

The Federal Democratic Republic of Ethiopia Staff Report for the 2016 Article IV Consultation—debt Sustainability Analysis

The Federal Democratic Republic of Ethiopia Staff Report for the 2016 Article IV Consultation—debt Sustainability Analysis »

Source: The Federal Democratic Republic of Ethiopia : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

Volume/Issue: 2016/322

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 October 2016

ISBN: 9781475543643

Keywords: Article IV consultation reports, Economic growth, Fiscal policy, Current account deficits, Resource mobilization, Exports, Manufacturing sector, Fiscal reforms, Monetary policy, Exchange rate assessments

This 2016 Article IV Consultation highlights that Ethiopia's macroeconomic outturn during 2015/16 has been adversely affected by a severe drought and the weak global environment. As a result, output growth is estim...

The Federal Democratic Republic of Ethiopia Staff Report for the 2016 Article IV Consultation—Informational Annex

The Federal Democratic Republic of Ethiopia Staff Report for the 2016 Article IV Consultation—Informational Annex »

Source: The Federal Democratic Republic of Ethiopia : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

Volume/Issue: 2016/322

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 October 2016

ISBN: 9781475543643

Keywords: Article IV consultation reports, Economic growth, Fiscal policy, Current account deficits, Resource mobilization, Exports, Manufacturing sector, Fiscal reforms, Monetary policy, Exchange rate assessments

This 2016 Article IV Consultation highlights that Ethiopia's macroeconomic outturn during 2015/16 has been adversely affected by a severe drought and the weak global environment. As a result, output growth is estim...

IMF Executive Board Concludes 2016 Article IV Consultation with the Federal Democratic Republic of Ethiopia

IMF Executive Board Concludes 2016 Article IV Consultation with the Federal Democratic Republic of Ethiopia »

Source: The Federal Democratic Republic of Ethiopia : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

Volume/Issue: 2016/322

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 October 2016

ISBN: 9781475543643

Keywords: Article IV consultation reports, Economic growth, Fiscal policy, Current account deficits, Resource mobilization, Exports, Manufacturing sector, Fiscal reforms, Monetary policy, Exchange rate assessments

This 2016 Article IV Consultation highlights that Ethiopia's macroeconomic outturn during 2015/16 has been adversely affected by a severe drought and the weak global environment. As a result, output growth is estim...

The Federal Democratic Republic of Ethiopia
			: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

The Federal Democratic Republic of Ethiopia : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia »

Volume/Issue: 2016/322

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 October 2016

DOI: http://dx.doi.org/10.5089/9781475543643.002

ISBN: 9781475543643

Keywords: Article IV consultation reports, Economic growth, Fiscal policy, Current account deficits, Resource mobilization, Exports, Manufacturing sector, Fiscal reforms, Monetary policy, Exchange rate assessments

This 2016 Article IV Consultation highlights that Ethiopia's macroeconomic outturn during 2015/16 has been adversely affected by a severe drought and the weak global environment. As a result, output growth is estim...

Statement by Ms. Chileshe Mpundu Kapwepwe, Executive Director for the Federal Democratic Republic of Ethiopia, and Ms. Gloria Gasasira-Manzi, Advisor to the Executive Director, September 26, 2016

Statement by Ms. Chileshe Mpundu Kapwepwe, Executive Director for the Federal Democratic Republic of Ethiopia, and Ms. Gloria Gasasira-Manzi, Advisor to the Executive Director, September 26, 2016 »

Source: The Federal Democratic Republic of Ethiopia : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

Volume/Issue: 2016/322

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 October 2016

ISBN: 9781475543643

Keywords: Article IV consultation reports, Economic growth, Fiscal policy, Current account deficits, Resource mobilization, Exports, Manufacturing sector, Fiscal reforms, Monetary policy, Exchange rate assessments

This 2016 Article IV Consultation highlights that Ethiopia's macroeconomic outturn during 2015/16 has been adversely affected by a severe drought and the weak global environment. As a result, output growth is estim...

3. Boosting Financial Sector Development

3. Boosting Financial Sector Development »

Source: Financial Development in Sub-Saharan Africa : Promoting Inclusive and Sustainable Growth

Series: Departmental Papers / Policy Papers

Author(s): Montfort Mlachila , Ahmat Jidoud , Monique Newiak , Bozena Radzewicz-Bak , and Misa Takebe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2016

ISBN: 9781475532401

Sound macroeconomic fundamentals have been driving financial development in sub-Saharan African countries, while weak institutional quality has been hindering it in many countries of the region....

Financial Development in Sub-Saharan Africa
			: Promoting Inclusive and Sustainable Growth

Financial Development in Sub-Saharan Africa : Promoting Inclusive and Sustainable Growth »

Volume: 16

Series: Departmental Papers / Policy Papers

Author(s): Montfort Mlachila , Ahmat Jidoud , Monique Newiak , Bozena Radzewicz-Bak , and Misa Takebe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2016

DOI: http://dx.doi.org/10.5089/9781475532401.087

ISBN: 9781475532401

Financial Development in Sub-Saharan Africa...

5. Ensuring Continued Financial Stability

5. Ensuring Continued Financial Stability »

Source: Financial Development in Sub-Saharan Africa : Promoting Inclusive and Sustainable Growth

Series: Departmental Papers / Policy Papers

Author(s): Montfort Mlachila , Ahmat Jidoud , Monique Newiak , Bozena Radzewicz-Bak , and Misa Takebe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2016

ISBN: 9781475532401

Key financial stability indicators—while stronger than in the past—have come under pressure more recently, possible presaging a slower pace of financial development in the future. Progress in su...

2. Financial Development, Growth, and Volatility

2. Financial Development, Growth, and Volatility »

Source: Financial Development in Sub-Saharan Africa : Promoting Inclusive and Sustainable Growth

Series: Departmental Papers / Policy Papers

Author(s): Montfort Mlachila , Ahmat Jidoud , Monique Newiak , Bozena Radzewicz-Bak , and Misa Takebe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2016

ISBN: 9781475532401

Empirical estimates suggest that financial development has supported growth and reduced its volatility in sub-Saharan Africa. It has facilitated other economic policies in enhancing growth and s...

Financial Development in Sub-Saharan Africa: Promoting Inclusive and Sustainable Growth

Financial Development in Sub-Saharan Africa: Promoting Inclusive and Sustainable Growth »

Source: Financial Development in Sub-Saharan Africa : Promoting Inclusive and Sustainable Growth

Volume: 16

Series: Departmental Papers / Policy Papers

Author(s): Montfort Mlachila , Ahmat Jidoud , Monique Newiak , Bozena Radzewicz-Bak , and Misa Takebe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2016

ISBN: 9781475532401

Financial Development in Sub-Saharan Africa...

Back Matter

Back Matter »

Source: Financial Development in Sub-Saharan Africa : Promoting Inclusive and Sustainable Growth

Series: Departmental Papers / Policy Papers

Author(s): Montfort Mlachila , Ahmat Jidoud , Monique Newiak , Bozena Radzewicz-Bak , and Misa Takebe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2016

ISBN: 9781475532401

Financial Development in Sub-Saharan Africa...

6. Policies for Supporting Financial Development and Stability

6. Policies for Supporting Financial Development and Stability »

Source: Financial Development in Sub-Saharan Africa : Promoting Inclusive and Sustainable Growth

Series: Departmental Papers / Policy Papers

Author(s): Montfort Mlachila , Ahmat Jidoud , Monique Newiak , Bozena Radzewicz-Bak , and Misa Takebe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2016

ISBN: 9781475532401

While financial development has contributed to economic growth and reduced its volatility in sub-Saharan Africa, the region is well below its possibility frontier. To reap the full benefits of f...

4. Promoting Financial Inclusion

4. Promoting Financial Inclusion »

Source: Financial Development in Sub-Saharan Africa : Promoting Inclusive and Sustainable Growth

Series: Departmental Papers / Policy Papers

Author(s): Montfort Mlachila , Ahmat Jidoud , Monique Newiak , Bozena Radzewicz-Bak , and Misa Takebe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2016

ISBN: 9781475532401

Access to traditional financial services in sub-Saharan Africa remains low relative to other regions, in particular for the poor, the uneducated, and women. Closing gaps in financial inclusion,...

1. Tracking Financial Development

1. Tracking Financial Development »

Source: Financial Development in Sub-Saharan Africa : Promoting Inclusive and Sustainable Growth

Series: Departmental Papers / Policy Papers

Author(s): Montfort Mlachila , Ahmat Jidoud , Monique Newiak , Bozena Radzewicz-Bak , and Misa Takebe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2016

ISBN: 9781475532401

In most sub-Saharan African countries, financial development has progressed over the past four decades. However, with the exception of the region’s middle-income countries, both financial market...

6. Conclusions

6. Conclusions »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

Sub-Saharan African countries have in general run procyclical fiscal policies since 2000. This is not surprising in light of the fact that the majority of them are low-income and/or resource-dependent econom...

5. Country Case Studies

5. Country Case Studies »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

This chapter examines the experience of three countries to establish and implement fiscal frameworks aimed at generating financial savings for rainy days: Nigeria, Botswana, and Chile....

Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Volume: 16

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degree of f...

Back Matter

Back Matter »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degree of f...

Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries »

Volume: 16

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

DOI: http://dx.doi.org/10.5089/9781513563541.087

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degree of f...

2. How to Measure the Degree of Fiscal Procyclicality

2. How to Measure the Degree of Fiscal Procyclicality »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

The focus of this paper is to analyze the link between the fiscal policy stance and economic activity in sub-Saharan Africa between 2000 and 2014, a period marked by relatively high rates of growth, a substa...

1. Introduction

1. Introduction »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

The cyclical behavior of fiscal policy affects sub-Saharan African countries because many of them depend on commodity exports or have been gaining access to international capital markets in recent years, and...

Overview

Overview »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degr...

3. To What Extent Has the Fiscal Policy Been Procyclical among Sub-Saharan African Countries?

3. To What Extent Has the Fiscal Policy Been Procyclical among Sub-Saharan African Countries? »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

The Business Cycle in Sub-Saharan Africa First, this chapter illustrates the stylized facts of the business cycle dynamics among sub-Saharan African countries in recent years. While...

4. What Explains the Degree of Fiscal Policy Procyclicality among Sub-Saharan African Countries?

4. What Explains the Degree of Fiscal Policy Procyclicality among Sub-Saharan African Countries? »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

This chapter examines factors that may influence the way fiscal policy has been conducted over the business cycle—that is, the degree of fiscal policy procyclicality—in each of the sample sub-Saharan African...

Fixed Base Year vs. Chain Linking in National Accounts

Fixed Base Year vs. Chain Linking in National Accounts »

Source: Fixed Base Year vs. Chain Linking in National Accounts : Experience of Sub-Saharan African Countries

Volume/Issue: 2016/133

Series: IMF Working Papers

Author(s): Robert Dippelsman , Venkat Josyula , and Eric Métreau

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 July 2016

ISBN: 9781475569339

Keywords: System of National Accounts, chain linking, volume measures, fixed base year

There are two approaches for producing volume estimates of GDP, fixed base year and annual chaining. While most advanced economies have adopted the chain-linked approach in the past twenty years, some African count...

Fixed Base Year vs. Chain Linking in National Accounts
			: Experience of Sub-Saharan African Countries

Fixed Base Year vs. Chain Linking in National Accounts : Experience of Sub-Saharan African Countries »

Volume/Issue: 2016/133

Series: IMF Working Papers

Author(s): Robert Dippelsman , Venkat Josyula , and Eric Métreau

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 July 2016

DOI: http://dx.doi.org/10.5089/9781475569339.001

ISBN: 9781475569339

Keywords: System of National Accounts, chain linking, volume measures, fixed base year

There are two approaches for producing volume estimates of GDP, fixed base year and annual chaining. While most advanced economies have adopted the chain-linked approach in the past twenty years, some African count...

Women's Opportunities and Challenges in Sub-Saharan African Job Markets

Women's Opportunities and Challenges in Sub-Saharan African Job Markets »

Volume/Issue: 2016/118

Series: IMF Working Papers

Author(s): Christine Dieterich , Anni Huang , and Alun Thomas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 June 2016

DOI: http://dx.doi.org/10.5089/9781484388518.001

ISBN: 9781484388518

Keywords: Multi-sector Labor Market, Agriculture Feminization, Female Informal Employment, Household Enterprise Employment, SSA Labor Market

As labor market data is scarce in Sub-Saharan Africa (SSA), this paper uses household survey data to analyze the determinants of the gender gap in the labor market and its welfare implications for five SSA countrie...

Women's Opportunities and Challenges in Sub-Saharan African Job Markets

Women's Opportunities and Challenges in Sub-Saharan African Job Markets »

Source: Women's Opportunities and Challenges in Sub-Saharan African Job Markets

Volume/Issue: 2016/118

Series: IMF Working Papers

Author(s): Christine Dieterich , Anni Huang , and Alun Thomas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 June 2016

ISBN: 9781484388518

Keywords: Multi-sector Labor Market, Agriculture Feminization, Female Informal Employment, Household Enterprise Employment, SSA Labor Market

As labor market data is scarce in Sub-Saharan Africa (SSA), this paper uses household survey data to analyze the determinants of the gender gap in the labor market and its welfare implications for five SSA countrie...

Inequality, Gender Gaps and Economic Growth
			: Comparative Evidence for Sub-Saharan Africa

Inequality, Gender Gaps and Economic Growth : Comparative Evidence for Sub-Saharan Africa »

Volume/Issue: 2016/111

Series: IMF Working Papers

Author(s): Dalia Hakura , Mumtaz Hussain , Monique Newiak , Vimal Thakoor , and Fan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 June 2016

DOI: http://dx.doi.org/10.5089/9781484382349.001

ISBN: 9781484382349

Keywords: Income inequality, gender inequality, economic growth, and sub-Saharan Africa

A growing body of empirical evidence suggests that inequality-income or gender related-can impede economic growth. Using dynamic panel regressions and new time series data, this paper finds that both income and gen...

Inequality, Gender Gaps and Economic Growth

Inequality, Gender Gaps and Economic Growth »

Source: Inequality, Gender Gaps and Economic Growth : Comparative Evidence for Sub-Saharan Africa

Volume/Issue: 2016/111

Series: IMF Working Papers

Author(s): Dalia Hakura , Mumtaz Hussain , Monique Newiak , Vimal Thakoor , and Fan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 June 2016

ISBN: 9781484382349

Keywords: Income inequality, gender inequality, economic growth, and sub-Saharan Africa

A growing body of empirical evidence suggests that inequality-income or gender related-can impede economic growth. Using dynamic panel regressions and new time series data, this paper finds that both income and gen...

Exiting From Fragility in sub-Saharan Africa

Exiting From Fragility in sub-Saharan Africa »

Source: Exiting From Fragility in sub-Saharan Africa : The Role of Fiscal Policies and Fiscal Institutions

Volume/Issue: 2015/268

Series: IMF Working Papers

Author(s): Corinne Deléchat , Ejona Fuli , Dafina Glaser , Gustavo Ramirez , and Rui Xu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2015

ISBN: 9781513591315

Keywords: fragility, resilience, fiscal institutions, CPIA, revenue, taxes, tax, budget, Macroeconomic Analyses of Economic Development, Fiscal and Monetary Policy in Development

This paper studies the role of fiscal policies and institutions in building resilience in sub-Saharan African countries during 1990-2013, with specific emphasis on a group of twenty-six countries that were deemed f...

Exiting From Fragility in sub-Saharan Africa
			: The Role of Fiscal Policies and Fiscal Institutions

Exiting From Fragility in sub-Saharan Africa : The Role of Fiscal Policies and Fiscal Institutions »

Volume/Issue: 2015/268

Series: IMF Working Papers

Author(s): Corinne Deléchat , Ejona Fuli , Dafina Glaser , Gustavo Ramirez , and Rui Xu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2015

DOI: http://dx.doi.org/10.5089/9781513591315.001

ISBN: 9781513591315

Keywords: fragility, resilience, fiscal institutions, CPIA, revenue, taxes, tax, budget, Macroeconomic Analyses of Economic Development, Fiscal and Monetary Policy in Development

This paper studies the role of fiscal policies and institutions in building resilience in sub-Saharan African countries during 1990-2013, with specific emphasis on a group of twenty-six countries that were deemed f...

Federal Democratic Republic of Ethiopia: Selected Issues

Federal Democratic Republic of Ethiopia: Selected Issues »

Source: Federal Democratic Republic of Ethiopia : Selected Issues

Volume/Issue: 2015/326

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2015

ISBN: 9781513547725

Keywords: poverty, income, inequality, poverty reduction, income inequality

This Selected Issues paper reviews the evolution of inequality in Ethiopia and discusses the role of various macroeconomic policies as well as structural factors. With a Gini coefficient of 30, Ethiopia remains amo...

Federal Democratic Republic of Ethiopia
			: Selected Issues

Federal Democratic Republic of Ethiopia : Selected Issues »

Volume/Issue: 2015/326

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2015

DOI: http://dx.doi.org/10.5089/9781513547725.002

ISBN: 9781513547725

Keywords: poverty, income, inequality, poverty reduction, income inequality

This Selected Issues paper reviews the evolution of inequality in Ethiopia and discusses the role of various macroeconomic policies as well as structural factors. With a Gini coefficient of 30, Ethiopia remains amo...

The Federal Democratic Republic of Ethiopia: Staff Report for the 2015 Article IV Consultation

The Federal Democratic Republic of Ethiopia: Staff Report for the 2015 Article IV Consultation »

Source: The Federal Democratic Republic of Ethiopia : 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

Volume/Issue: 2015/300

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 October 2015

ISBN: 9781513560038

Keywords: exchange, investment, exchange rate, monetary fund, inflation

This 2015 Article IV Consultation highlights that Ethiopia's recent macroeconomic performance has continued to be strong overall, although with some rising domestic and external vulnerabilities. Economic growth in...

The Federal Democratic Republic Of Ethiopia: Staff Report for the 2015 Article IV Consultation—Debt Sustainability Analysis

The Federal Democratic Republic Of Ethiopia: Staff Report for the 2015 Article IV Consultation—Debt Sustainability Analysis »

Source: The Federal Democratic Republic of Ethiopia : 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

Volume/Issue: 2015/300

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 October 2015

ISBN: 9781513560038

Keywords: exchange, investment, exchange rate, monetary fund, inflation

This 2015 Article IV Consultation highlights that Ethiopia's recent macroeconomic performance has continued to be strong overall, although with some rising domestic and external vulnerabilities. Economic growth in...

The Federal Democratic Republic of Ethiopia: Staff Report for the 2015 Article IV Consultation—Informational Annex

The Federal Democratic Republic of Ethiopia: Staff Report for the 2015 Article IV Consultation—Informational Annex »

Source: The Federal Democratic Republic of Ethiopia : 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

Volume/Issue: 2015/300

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 October 2015

ISBN: 9781513560038

Keywords: exchange, investment, exchange rate, monetary fund, inflation

This 2015 Article IV Consultation highlights that Ethiopia's recent macroeconomic performance has continued to be strong overall, although with some rising domestic and external vulnerabilities. Economic growth in...

IMF Executive Board Concludes 2015 Article IV Consultation with Ethiopia

IMF Executive Board Concludes 2015 Article IV Consultation with Ethiopia »

Source: The Federal Democratic Republic of Ethiopia : 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

Volume/Issue: 2015/300

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 October 2015

ISBN: 9781513560038

Keywords: exchange, investment, exchange rate, monetary fund, inflation

This 2015 Article IV Consultation highlights that Ethiopia's recent macroeconomic performance has continued to be strong overall, although with some rising domestic and external vulnerabilities. Economic growth in...

The Federal Democratic Republic of Ethiopia
			: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

The Federal Democratic Republic of Ethiopia : 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia »

Volume/Issue: 2015/300

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 October 2015

DOI: http://dx.doi.org/10.5089/9781513560038.002

ISBN: 9781513560038

Keywords: exchange, investment, exchange rate, monetary fund, inflation

This 2015 Article IV Consultation highlights that Ethiopia's recent macroeconomic performance has continued to be strong overall, although with some rising domestic and external vulnerabilities. Economic growth in...

Statement by Ms. Kapwepwe, Executive Director for The Federal Democratic Republic of Ethiopia, Mr. Tucker, Senior Advisor to the Executive Director, and Ms. Gasasira-Manzi, Advisor to the Executive Director, September 21, 2015

Statement by Ms. Kapwepwe, Executive Director for The Federal Democratic Republic of Ethiopia, Mr. Tucker, Senior Advisor to the Executive Director, and Ms. Gasasira-Manzi, Advisor to the Executive Director, September 21, 2015 »

Source: The Federal Democratic Republic of Ethiopia : 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

Volume/Issue: 2015/300

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 October 2015

ISBN: 9781513560038

Keywords: exchange, investment, exchange rate, monetary fund, inflation

This 2015 Article IV Consultation highlights that Ethiopia's recent macroeconomic performance has continued to be strong overall, although with some rising domestic and external vulnerabilities. Economic growth in...

2. Competitiveness in Sub-Saharan Africa: Marking Time or Moving Ahead?

2. Competitiveness in Sub-Saharan Africa: Marking Time or Moving Ahead? »

Source: Regional Economic Outlook, October 2015 : Sub-Saharan Africa

Series: Regional Economic Outlook

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 October 2015

ISBN: 9781513597331

Keywords: Sub-Saharan Africa; commodity exporters; oil-exporting countries; competitiveness; trade integration; income inequality; gender inequality

In recent years the sub-Saharan African region has experienced strong real GDP growth and substantial trade integration. However, growth in sub-Saharan Africa’s trade volumes has not kept up with growth in t...

1. Dealing with the Gathering Clouds

1. Dealing with the Gathering Clouds »

Source: Regional Economic Outlook, October 2015 : Sub-Saharan Africa

Series: Regional Economic Outlook

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 October 2015

ISBN: 9781513597331

Keywords: Sub-Saharan Africa; commodity exporters; oil-exporting countries; competitiveness; trade integration; income inequality; gender inequality

Economic activity in sub-Saharan Africa has weakened markedly. To be sure, growth—at 3¾ percent this year and 4¼ percent in 2016—still remains higher than in many other emerging and developing regions of the...

Executive Summary

Executive Summary »

Source: Regional Economic Outlook, October 2015 : Sub-Saharan Africa

Series: Regional Economic Outlook

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 October 2015

ISBN: 9781513597331

Keywords: Sub-Saharan Africa; commodity exporters; oil-exporting countries; competitiveness; trade integration; income inequality; gender inequality

Dealing with the Gathering Clouds Growth in Sub-Saharan Africa has weakened markedly, and is now expected at 3¾ percent this year and 4¼ percent in 2016, from 5 perce...

3. Inequality and Economic Outcomes in Sub-Saharan Africa

3. Inequality and Economic Outcomes in Sub-Saharan Africa »

Source: Regional Economic Outlook, October 2015 : Sub-Saharan Africa

Series: Regional Economic Outlook

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 October 2015

ISBN: 9781513597331

Keywords: Sub-Saharan Africa; commodity exporters; oil-exporting countries; competitiveness; trade integration; income inequality; gender inequality

Sub-Saharan Africa has among the highest levels of inequality—both income and gender—in the world, even after accounting for the lower levels of per capita income in the region. With growing international ev...

Regional Economic Outlook, October 2015
			: Sub-Saharan Africa

Regional Economic Outlook, October 2015 : Sub-Saharan Africa »

Series: Regional Economic Outlook

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 October 2015

DOI: http://dx.doi.org/10.5089/9781513597331.086

ISBN: 9781513597331

Keywords: Sub-Saharan Africa; commodity exporters; oil-exporting countries; competitiveness; trade integration; income inequality; gender inequality

Growth in sub-Saharan Africa has weakened after more than a decade of solid growth, although this overall outlook masks considerable variation across the region. Some countries have been negatively affected by fall...

Back Matter

Back Matter »

Source: Regional Economic Outlook, October 2015 : Sub-Saharan Africa

Series: Regional Economic Outlook

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 October 2015

ISBN: 9781513597331

Keywords: Sub-Saharan Africa; commodity exporters; oil-exporting countries; competitiveness; trade integration; income inequality; gender inequality

Growth in sub-Saharan Africa has weakened after more than a decade of solid growth, although this overall outlook masks considerable variation across the region. Some countries have been negatively affected by fall...