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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
			: 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...

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...

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...

Monetary Policy in Sub-Saharan Africa

Monetary Policy in Sub-Saharan Africa »

Series: Books

Author(s): Andrew Berg , and Rafael Portillo

Publisher: Oxford University Press

Publication Date: 27 April 2018

DOI: http://dx.doi.org/10.5089/9780198785811.071

ISBN: 9780198785811

Keywords: Monetary policy, Sub-Saharan Africa

Monetary policy in sub-Sahara Africa (SSA) has undergone an important transformation in recent decades. With the advent of sustained growth and generally stable fiscal policies in much of the region, many countries...

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...

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...

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....

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....

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...

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...

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...

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...

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...

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...

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...

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 »

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...

Building Resilience in Sub-Saharan Africa's Fragile States

Building Resilience in Sub-Saharan Africa's Fragile States »

Volume: 15

Series: Departmental Papers / Policy Papers

Author(s): Enrique Gelbard , Corinne Deléchat , Ejona Fuli , Mumtaz Hussain , Ulrich Jacoby , Dafina Glaser , Marco Pani , Gustavo Ramirez , and Rui Xu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 November 2015

Language: French

DOI: http://dx.doi.org/10.5089/9781513579771.087

ISBN: 9781513579771

Keywords: Ethiopia, Economic growth, Cross country analysis, Congo, Democratic Republic of the, Central African Republic, Mozambique, Mali, Fiscal reforms, Fiscal policy, Stabilization measures

This paper analyzes the persistence of fragility in some sub-Saharan African states and the multiple dimensions of state weakness that are simultaneously at play. This study also provides an overview of the analyti...

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...

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: 28 October 2015

Language: French

DOI: http://dx.doi.org/10.5089/9781513562490.086

ISBN: 9781513562490

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...

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...

From Ambition to Execution
			: Policies in Support of Sustainable Development Goals

From Ambition to Execution : Policies in Support of Sustainable Development Goals »

Volume/Issue: 2015/18

Series: Staff Discussion Notes

Author(s): Stefania Fabrizio , Rodrigo Garcia-Verdu , Catherine Pattillo , Adrian Peralta-Alva , Andrea Presbitero , Baoping Shang , Genevieve Verdier , Marie-Therese Camilleri , Kazuaki Washimi , Lisa Kolovich , Monique Newiak , Martin Cihak , Inci Otker , Luis-Felipe Zanna , and Carol Baker

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 September 2015

DOI: http://dx.doi.org/10.5089/9781513573304.006

ISBN: 9781513573304

Keywords: Inclusive growth, Income inequality, Gender, Environmental sustainability, Sustainable development, Fiscal policy, Developing countries, sustainable development goals, growth, structural transformation

The formal launch of the Sustainable Development Goals (SDGs) sets the global development agenda through 2030, placing significant emphasis on promoting social and environmental sustainability alongside economic gr...

On the Drivers of Inflation in Sub-Saharan Africa

On the Drivers of Inflation in Sub-Saharan Africa »

Volume/Issue: 2015/189

Series: IMF Working Papers

Author(s): Anh Nguyen , Jemma Dridi , Filiz Unsal , and Oral Williams

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 August 2015

DOI: http://dx.doi.org/10.5089/9781513583013.001

ISBN: 9781513583013

Keywords: Global VAR (GVAR), supply, supply shocks, demand, Time-Series Models, Monetary Policy (Targets, Instruments, and Effects), General, Sub-Saharan Africa.,

The perception that inflation dynamics in Sub-Saharan Africa (SSA) are driven by supply shocks implies a limited role for monetary policy in influencing inflation in the short run. SSA's rapid growth, its integrati...

Building Resilience in Sub-Saharan Africa's Fragile States

Building Resilience in Sub-Saharan Africa's Fragile States »

Series: Departmental Papers / Policy Papers

Author(s): Enrique Gelbard , Corinne Deléchat , Ejona Fuli , Mumtaz Hussain , Ulrich Jacoby , Dafina Glaser , Marco Pani , Gustavo Ramirez , and Rui Xu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 June 2015

DOI: http://dx.doi.org/10.5089/9781513550015.087

ISBN: 9781513550015

Keywords: Ethiopia, Economic growth, Cross country analysis, Congo, Democratic Republic of the, Central African Republic, Mozambique, Mali, Fiscal reforms, Fiscal policy, Stabilization measures

This paper analyzes the persistence of fragility in some sub-Saharan African states and the multiple dimensions of state weakness that are simultaneously at play. This study also provides an overview of the analyti...

Finance & Development, June 2015

Finance & Development, June 2015 »

Volume/Issue: 52/2

Series: Finance & Development

Author(s): International Monetary Fund. Communications Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 June 2015

DOI: http://dx.doi.org/10.5089/9781484371220.022

ISBN: 9781484371220

Keywords: Finance and Development, development, finance, markets, monetary fund, development goals

This chapter takes stock of the world's development agenda, examining how to best seize this opportunity. Government officials and representatives from civil society organizations, donor groups, and the private sec...

Regional Economic Outlook, April 2015
			: Sub-Saharan Africa

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

Series: Regional Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 April 2015

Language: French

DOI: http://dx.doi.org/10.5089/9781475595840.086

ISBN: 9781475595840

The sharp decline in oil and other commodity prices have adversely impacted sub-Saharan Africa. Nevertheless, the region is projected to register another year of solid economic performance. In South Africa, however...

Does Lower Debt Buy Higher Growth? The Impact of Debt Relief Initiatives on Growth

Does Lower Debt Buy Higher Growth? The Impact of Debt Relief Initiatives on Growth »

Volume/Issue: 2014/230

Series: IMF Working Papers

Author(s): Sandra Marcelino , and Ivetta Hakobyan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 December 2014

DOI: http://dx.doi.org/10.5089/9781498369671.001

ISBN: 9781498369671

Keywords: Growth, debt, debt burden, debt sustainability, external debt, International Lending and Debt Problems, Economic Growth of Open Economies, Macroeconomic Analyses of Economic Development,

In 1996, the IMF and the World Bank introduced the Heavily Indebted Poor Countries Initiative-a comprehensive debt relief program aimed at reducing the external debt burden of eligible countries to sustainable leve...

The Federal Democratic Republic of Ethiopia
			: Staff Report for the 2014 Article IV Consultation

The Federal Democratic Republic of Ethiopia : Staff Report for the 2014 Article IV Consultation »

Volume/Issue: 2014/303

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 October 2014

DOI: http://dx.doi.org/10.5089/9781484365601.002

ISBN: 9781484365601

Keywords: exchange rate, foreign exchange, effective exchange rate, real effective exchange rate

KEY ISSUES Context: Ethiopia's investment-led development strategy has delivered robust growth and progress toward Millennium Development Goals (MDGs). Restrained fiscal and monetary policies have helped maintain...

The Federal Democratic Republic of Ethiopia
			: Selected Issues Paper

The Federal Democratic Republic of Ethiopia : Selected Issues Paper »

Volume/Issue: 2014/304

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 October 2014

DOI: http://dx.doi.org/10.5089/9781498335294.002

ISBN: 9781498335294

Keywords: commercial borrowing, bank borrowing, external debt, debt sustainability, bank credit

...

Public Investment as an Engine of Growth

Public Investment as an Engine of Growth »

Volume/Issue: 2014/148

Series: IMF Working Papers

Author(s): Andrew Warner

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 August 2014

DOI: http://dx.doi.org/10.5089/9781498378277.001

ISBN: 9781498378277

Keywords: Public Capital, Big Push, public investment expenditures, capital expenditures, public investments, public investment spending, Infrastructures, General,

This paper looks at the empirical record whether big infrastructure and public capital drives have succeeded in accelerating economic growth in low-income countries. It looks at big long-lasting drives in public ca...

Regional Economic Outlook, April 2014: Sub-Saharan Africa
			: Fostering Inclusive Growth

Regional Economic Outlook, April 2014: Sub-Saharan Africa : Fostering Inclusive Growth »

Series: Regional Economic Outlook

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 April 2014

Language: French

DOI: http://dx.doi.org/10.5089/9781475578942.086

ISBN: 9781475578942

The five Regional Economic Outlooks published biannually by the IMF cover Asia and Pacific, Europe, the Middle East and Central Asia, Sub-Saharan Africa, and the Western Hemisphere. In each volume, recent econo...

Perspectives économiques régionales, Oct 13
			: Afrique subsaharienne Maintenir le rythme

Perspectives économiques régionales, Oct 13 : Afrique subsaharienne Maintenir le rythme »

Series: Regional Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 October 2013

Language: French

DOI: http://dx.doi.org/10.5089/9781484369470.086

ISBN: 9781484369470

Keywords: frontier markets, exchange rate, capital inflows, debt, private capital, portfolio flows, balance of payments, structural reforms, exchange rate pegs, foreign exchange

The October 2013 Regional Economic Outlook: Sub-Saharan Africa provides a comprehensive report on the prospects for growth in the region, as well as the major risks to the outlook. Generally, growth is expected to...

Perspectives économiques régionales, Mai 13
			: Afrique subsaharienne Créer une dynamique dans une économie mondiale à plusieurs vitesses

Perspectives économiques régionales, Mai 13 : Afrique subsaharienne Créer une dynamique dans une économie mondiale à plusieurs vitesses »

Series: Regional Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 May 2013

Language: French

DOI: http://dx.doi.org/10.5089/9781484345030.086

ISBN: 9781484345030

Keywords: bond, bonds, sovereign bonds, sovereign bond, exchange rate, public debt, inflation, exchange rate pegs, debt sustainability, debt relief

Growth remained strong in the region in 2012, with regional GDP rates increasing in most countries (excluding Nigeria and South Africa). Projections point to a moderate, broad-based acceleration in growth to around...

The Federal Democratic Republic of Ethiopia
			: Staff Report for the 2012 Article IV Consultation

The Federal Democratic Republic of Ethiopia : Staff Report for the 2012 Article IV Consultation »

Volume/Issue: 2012/287

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 October 2012

DOI: http://dx.doi.org/10.5089/9781475513233.002

ISBN: 9781475513233

Keywords: current account, inflation, private banks, domestic financing, current account balance

Ethiopia pursues a public sector-led growth strategy that focuses on promoting growth through high public investment supported partly by low nominal interest rates. While the strategy has contributed to robust econ...

The Relationship Between the Foreign Exchange Regime and Macroeconomic Performance in Eastern Africa

The Relationship Between the Foreign Exchange Regime and Macroeconomic Performance in Eastern Africa »

Volume/Issue: 2012/148

Series: IMF Working Papers

Author(s): Janet Stotsky , Manuk Ghazanchyan , Olumuyiwa Adedeji , and Nils Maehle

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2012

DOI: http://dx.doi.org/10.5089/9781475504170.001

ISBN: 9781475504170

Keywords: Exchange rate reforms and regimes, growth, and inflation, exchange rate, inflation, exchange rate regime, exchange rate regimes, Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General

This study examines the relationship between the foreign exchange regime and macroeconomic performance in Eastern Africa. The study focuses on seven countries, five of which decisively liberalized their foreign exc...

What Drives the Global Land Rush?

What Drives the Global Land Rush? »

Volume/Issue: 2011/251

Series: IMF Working Papers

Author(s): Harris Selod , Klaus Deininger , and Rabah Arezki

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2011

DOI: http://dx.doi.org/10.5089/9781463923334.001

ISBN: 9781463923334

Keywords: Land Acquisition, Large-Scale Agriculture, Foreign Investments Agro-Ecological Potential, Land Availability, Land Governance, Property Rights, forest, investors, forest land, forest area

This paper studies the determinants of foreign land acquisition for large-scale agriculture. To do so, gravity models are estimated using data on bilateral investment relationships, together with newly constructed...

The Federal Democratic Republic of Ethiopia
			: Poverty Reduction Strategy Paper:  Joint Staff Advisory Note on the Growth and Transformation Plan 2010/11:  2014/15

The Federal Democratic Republic of Ethiopia : Poverty Reduction Strategy Paper: Joint Staff Advisory Note on the Growth and Transformation Plan 2010/11: 2014/15 »

Volume/Issue: 2011/303

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 October 2011

DOI: http://dx.doi.org/10.5089/9781463921989.002

ISBN: 9781463921989

Keywords: primary education, inflation, primary school, monetary policy, real interest rates

Ethiopia's growth and transformation plan (GTP) for the periods 2010/2011 and 2014/2015 is reviewed by the joint staff advisory note has been discussed in this study. The macroeconomic framework designed to improve...

The Federal Democratic Republic of Ethiopia
			: Poverty Reduction Strategy Paper:  Growth and Transformation Plan 2010/11-2014/15:   Volume I

The Federal Democratic Republic of Ethiopia : Poverty Reduction Strategy Paper: Growth and Transformation Plan 2010/11-2014/15: Volume I »

Volume/Issue: 2011/304

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 October 2011

DOI: http://dx.doi.org/10.5089/9781463922047.002

ISBN: 9781463922047

Keywords: hiv/aids, service delivery, health services, water supply, public participation

This strategic paper discusses Ethiopia's growth and transformation plan (GTP) for the periods 2010/2011 and 2014/2015. The Ethiopian government's main development agenda has been poverty eradication. The governmen...

The Federal Democratic Republic of Ethiopia
			: Poverty Reduction Strategy Paper Growth and Transformation Plan 2010/11-2014/15:  Volume II

The Federal Democratic Republic of Ethiopia : Poverty Reduction Strategy Paper Growth and Transformation Plan 2010/11-2014/15: Volume II »

Volume/Issue: 2011/305

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 October 2011

DOI: http://dx.doi.org/10.5089/9781463922054.002

ISBN: 9781463922054

Keywords: annual report, ministry of education, ministry of justice, information system, civil servant

This strategic paper discusses Ethiopia's growth and transformation plan (GTP) for the periods 2010/2011 and 2014/2015. The basis for the GTP has been the policy matrix, which is the benchmark placed in the governm...

The Federal Democratic Republic of Ethiopia
			: Second Review of the Arrangement under the Exogenous Shocks Facility-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Federal Democratic Republic of Ethiopia

The Federal Democratic Republic of Ethiopia : Second Review of the Arrangement under the Exogenous Shocks Facility-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Federal Democratic Republic of Ethiopia »

Volume/Issue: 2010/339

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 November 2010

DOI: http://dx.doi.org/10.5089/9781455212637.002

ISBN: 9781455212637

Keywords: debt, interest, public enterprises, external debt, financial policies

Ethiopia has successfully implemented policies to reduce inflation and rebuild external reserves. Fiscal policy aims to continue the strong focus on physical and social infrastructure investment while raising the r...

Ethiopia
			: 2010 Article IV Consultation and First Review of the Arrangement under the Exogenous Shocks Facility:  Staff Report; Staff Supplements; and Press Release on the Executive Board Discussion

Ethiopia : 2010 Article IV Consultation and First Review of the Arrangement under the Exogenous Shocks Facility: Staff Report; Staff Supplements; and Press Release on the Executive Board Discussion »

Volume/Issue: 2010/175

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 June 2010

DOI: http://dx.doi.org/10.5089/9781455204175.002

ISBN: 9781455204175

Keywords: debt, interest, public enterprises, interest rates, budget

The Ethiopian authorities have been generally responsive to the policy recommendations from the 2008 Article IV Consultation. To help rebuild international reserves and improve external competitiveness, the authori...

The Federal Democratic Republic of Ethiopia
			: Request for a 14-Month Arrangement under the Exogenous Shocks Facility-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Federal Democratic Republic of Ethiopia

The Federal Democratic Republic of Ethiopia : Request for a 14-Month Arrangement under the Exogenous Shocks Facility-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Federal Democratic Republic of Ethiopia »

Volume/Issue: 2009/296

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 September 2009

DOI: http://dx.doi.org/10.5089/9781451812855.002

ISBN: 9781451812855

Keywords: debt, public enterprises, balance of payments

Facing declining reserves and high inflation, Ethiopian authorities have implemented an effective macroeconomic adjustment package supported by the IMF under the rapid-access component of the Exogenous Shocks Facil...

A Basic Model of Performance-Based Budgeting

A Basic Model of Performance-Based Budgeting »

Volume: 09

Series: Technical Notes and Manuals

Author(s): Marc Robinson , and Duncan Last

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 September 2009

DOI: http://dx.doi.org/10.5089/9781462320271.005

ISBN: 9781462320271

Keywords: performance budgeting, expenditure prioritization, manging-for-result, program budgeting, expenditure review, program classification, budget, budgets, budget preparation

This technical note presents a basic model of performance-based budgeting. It describes the characteristics of the model and explains how low-income countries should approach performance-based budgeting. The note e...

External Debt Sustainability in HIPC Completion Point Countries
			: An Update

External Debt Sustainability in HIPC Completion Point Countries : An Update »

Volume/Issue: 2009/128

Series: IMF Working Papers

Author(s): Jie Yang , and Dan Nyberg

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2009

DOI: http://dx.doi.org/10.5089/9781451872750.001

ISBN: 9781451872750

Keywords: External Debt Sustainability, HIPCs, Low-Income Countries, debt sustainability, external debt, debt relief,

Despite substantial debt relief to HIPC Initiative completion point countries, long-term debt sustainability remains a challenge. This paper examines a number of structural factors affecting external debt sustainab...

The Federal Democratic Republic of Ethiopia
			: Request for Disbursement Under the Rapid-Access Component of the Exogenous Shocks Facility:  Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

The Federal Democratic Republic of Ethiopia : Request for Disbursement Under the Rapid-Access Component of the Exogenous Shocks Facility: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia »

Volume/Issue: 2009/34

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 February 2009

DOI: http://dx.doi.org/10.5089/9781451812848.002

ISBN: 9781451812848

Keywords: debt, budget, public enterprises, interest

Ethiopia's request for disbursement under the rapid-access component of the Exogenous Shocks Facility is examined. The authorities have embarked upon a tightening of monetary and fiscal policies to facilitate neces...

The Federal Democratic Republic of Ethiopia
			: 2008 Article IV Consultation-Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia.

The Federal Democratic Republic of Ethiopia : 2008 Article IV Consultation-Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia. »

Volume/Issue: 2008/264

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 July 2008

DOI: http://dx.doi.org/10.5089/9781451812831.002

ISBN: 9781451812831

Keywords: debt, public enterprises, interest, public sector, budget

This 2008 Article IV Consultation highlights that the Ethiopian economy has been growing rapidly in the last four years. Favorable weather conditions and pro-growth policies have helped sustain recovery from a shar...

The Federal Democratic Republic of Ethiopia
			: Selected Issues

The Federal Democratic Republic of Ethiopia : Selected Issues »

Volume/Issue: 2008/259

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 July 2008

DOI: http://dx.doi.org/10.5089/9781451812817.002

ISBN: 9781451812817

Keywords: high inflation, exchange rate, public sector, international monetary fund

This Selected Issues paper examines the causes of recent inflation in Ethiopia and discusses possible policy responses. Inflation in Ethiopia has reached a historical peak. Following a drought-related surge of food...

The Federal Democratic Republic of Ethiopia
			: Statistical Appendix

The Federal Democratic Republic of Ethiopia : Statistical Appendix »

Volume/Issue: 2008/260

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 July 2008

DOI: http://dx.doi.org/10.5089/9781451812824.002

ISBN: 9781451812824

Keywords: expenditure, national bank, capital expenditure, current expenditure, total expenditure

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discuss...

The Federal Democratic Republic of Ethiopia
			: 2007 Article IV Consultation:  Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Federal Democratic Republic of Ethiopia

The Federal Democratic Republic of Ethiopia : 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Federal Democratic Republic of Ethiopia »

Volume/Issue: 2007/247

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 July 2007

DOI: http://dx.doi.org/10.5089/9781451812800.002

ISBN: 9781451812800

Keywords: debt, budget, interest, debt relief

The Federal Democratic Republic of Ethiopia's 2007 Article IV Consultation reports on the macroeconomic imbalances and on maintaining medium-term macroeconomic stability while fostering growth potential. Although a...

The Federal Democratic Republic of Ethiopia
			: Statistical Appendix

The Federal Democratic Republic of Ethiopia : Statistical Appendix »

Volume/Issue: 2007/245

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 July 2007

DOI: http://dx.doi.org/10.5089/9781451812794.002

ISBN: 9781451812794

Keywords: expenditure, national bank, capital expenditure, current expenditure, total expenditure

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discuss...

The Value-Added Tax
			: Its Causes and Consequences

The Value-Added Tax : Its Causes and Consequences »

Volume/Issue: 2007/183

Series: IMF Working Papers

Author(s): Ben Lockwood , and Michael Keen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2007

DOI: http://dx.doi.org/10.5089/9781451867473.001

ISBN: 9781451867473

Keywords: vat, tax ratio, taxation, tax system, Value-added Tax, Tax Reform,

Has the VAT proved, as its proponents claim, an especially effective form of taxation? To address this, this paper first shows that a tax innovation-such as the introduction of a VAT- reduces the marginal cost of p...

Interest Rate Spreads in English-Speaking African Countries

Interest Rate Spreads in English-Speaking African Countries »

Volume/Issue: 2007/101

Series: IMF Working Papers

Author(s): Joe Crowley

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2007

DOI: http://dx.doi.org/10.5089/9781451866650.001

ISBN: 9781451866650

Keywords: Interest rate spreads, inflation, banking, banking sector, money growth, lower inflation,

This paper examines interest rate spreads in English-speaking African countries. Higher spreads were found to be associated with lower inflation, a greater number of banks, and greater public ownership of banks. Hi...

The Macroeconomics of Scaling Up Aid
			: Lessons from Recent Experience

The Macroeconomics of Scaling Up Aid : Lessons from Recent Experience »

Series: Occasional Papers

Author(s): Andrew Berg , Mumtaz Hussain , Shaun Roache , Amber Mahone , Tokhir Mirzoev , and Shekhar Aiyar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 March 2007

DOI: http://dx.doi.org/10.5089/9781589065918.084

ISBN: 9781589065918

Keywords: Absorptive capacity, exchange rate, foreign exchange, inflation, real exchange rate, monetary policy

This study analyzes key issues associated with large increases in aid, including absorptive capacity, Dutch disease, and inflation. The authors develop a framework that emphasizes the different roles of monetary an...

Making Fiscal Space Happen
			: Managing Fiscal Policy in a World of Scaled-Up Aid

Making Fiscal Space Happen : Managing Fiscal Policy in a World of Scaled-Up Aid »

Volume/Issue: 2006/270

Series: IMF Working Papers

Author(s): Xavier Debrun , Peter Heller , Theo Thomas , Menachem Katz , Isabell Adenauer , and Taline Koranchelian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2006

DOI: http://dx.doi.org/10.5089/9781451865301.001

ISBN: 9781451865301

Keywords: low-income countries, macroeconomic policy, expenditure, mtef, expenditure programs, mtff, Macroeconomic Analyses of Economic Development, Fiscal and Monetary Policy in Development, Fiscal Policies and Behavior of Economic Agents: Other, Low Income Developing Countries,

Debt relief and the scaling up of aid to low-income countries should allow for greater fiscal space for expenditure programs to create long-term growth and lower poverty rates. But designing a suitable medium-term...

Insuring Public Finances Against Natural Disasters
			: A Survey of Options and Recent Initiatives

Insuring Public Finances Against Natural Disasters : A Survey of Options and Recent Initiatives »

Volume/Issue: 2006/199

Series: IMF Working Papers

Author(s): David Hofman , and Patricia Brukoff

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2006

DOI: http://dx.doi.org/10.5089/9781451864595.001

ISBN: 9781451864595

Keywords: public finances, disaster, disasters, natural disasters, hurricane, earthquake, Fiscal Policies and Behavior of Economic Agents: General, Economic Development: General,

Natural disasters can put severe strain on public finances, in particular in developing and small countries. But catastrophe insurance markets increasingly offer opportunities for the transfer of such risks. Thus f...

Money Isn't Everything
			: The Challenge of Scaling Up Aid to Achieve the Millennium Development Goals in Ethiopia

Money Isn't Everything : The Challenge of Scaling Up Aid to Achieve the Millennium Development Goals in Ethiopia »

Volume/Issue: 2006/192

Series: IMF Working Papers

Author(s): Todd Mattina

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2006

DOI: http://dx.doi.org/10.5089/9781451864526.001

ISBN: 9781451864526

Keywords: Dutch disease, aid scaling up, per, public spending, expenditure, fiscal framework, public expenditure, Fiscal and Monetary Policy in Development, Dutch Desease, And Finance,

This paper outlines the challenge of developing an operational macroeconomic framework in Ethiopia consistent with the large envisaged scaling up of aid to achieve the Millennium Development Goals (MDGs). This pape...

Designing Monetary and Fiscal Policy in Low-Income Countries

Designing Monetary and Fiscal Policy in Low-Income Countries »

Series: Occasional Papers

Author(s): Jan Martijn , Gabriel Di Bella , Shamsuddin Tareq , Benedict Clements , and Abebe Aemro Selassie

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 July 2006

DOI: http://dx.doi.org/10.5089/9781589064966.084

ISBN: 9781589064966

Keywords: inflation, monetary fund, money growth, monetary policy

Macroeconomic outcomes in low-income countries (LICs) have improved markedly in recent years, but important questions remain regarding possible adjustments in the design of IMF-supported programs in such countries....

The Federal Democratic Republic of Ethiopia
			: 2005 Article IV Consultation:  Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

The Federal Democratic Republic of Ethiopia : 2005 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia »

Volume/Issue: 2006/159

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 May 2006

DOI: http://dx.doi.org/10.5089/9781451812787.002

ISBN: 9781451812787

Keywords: debt, budget, debt relief, interest

The Federal Democratic Republic of Ethiopia's 2005 Article IV Consultation reports that domestic credit growth has accelerated, driven by strong demand from the government, public enterprises, and the private secto...

The Federal Democratic Republic of Ethiopia
			: Selected Issues and Statistical Appendix

The Federal Democratic Republic of Ethiopia : Selected Issues and Statistical Appendix »

Volume/Issue: 2006/122

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 May 2006

DOI: http://dx.doi.org/10.5089/9781451812770.002

ISBN: 9781451812770

Keywords: debt, budget, domestic debt, interest, public enterprises

This Selected Issues paper on The Federal Democratic Republic of Ethiopia highlights that accelerating private sector development is the key to increasing and sustaining growth, and providing employment opportuniti...

The Macroeconomic Management of Foreign Aid
			: Opportunities and Pitfalls

The Macroeconomic Management of Foreign Aid : Opportunities and Pitfalls »

Series: Seminar Volumes

Author(s): Boriana Yontcheva , Peter Isard , Leslie Lipschitz , and Alex Mourmouras

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 April 2006

DOI: http://dx.doi.org/10.5089/9781589065208.072

ISBN: 9781589065208

Keywords: debt, exchange rate, real exchange rate, loans, political institutions

Relatively slow progress toward meeting the Millennium Development Goals (MDGs) by their 2015 target date has added urgency to the challenge of reducing global poverty. The authors of this new book--who include sch...

Macroeconomic Challenges of Scaling Up Aid to Africa
			: A Checklist for Practitioners

Macroeconomic Challenges of Scaling Up Aid to Africa : A Checklist for Practitioners »

Series: IMF Special Issues

Author(s): Yongzheng Yang , Robert Powell , and Sanjeev Gupta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 March 2006

DOI: http://dx.doi.org/10.5089/9781589065055.058

ISBN: 9781589065055

Keywords: exchange rate, real exchange rate, foreign exchange, foreign aid, central bank

Over the next decade, African countries are expected to be the largest beneficiaries of increased donor aid, which is intended to improve their prospects for achieving the Millennium Development Goals. This handboo...

The Federal Democratic Republic of Ethiopia
			: Joint Staff Advisory Note of the Poverty Reduction Strategy Paper:  2003/04 Annual Progress Report

The Federal Democratic Republic of Ethiopia : Joint Staff Advisory Note of the Poverty Reduction Strategy Paper: 2003/04 Annual Progress Report »

Volume/Issue: 2006/28

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 January 2006

DOI: http://dx.doi.org/10.5089/9781451812763.002

ISBN: 9781451812763

Keywords: poverty reduction strategy, fiscal decentralization, capacity constraints, poverty reduction strategy paper, budget deficit

This paper presents a Joint Staff Advisory Note on the Federal Democratic Republic of Ethiopia's Poverty Reduction Strategy. Excessive domestic bank financing of the budget deficit could crowd out the private secto...

The Federal Democratic Republic of Ethiopia
			: Poverty Reduction Strategy Paper:  2003/04 Annual Progress Report

The Federal Democratic Republic of Ethiopia : Poverty Reduction Strategy Paper: 2003/04 Annual Progress Report »

Volume/Issue: 2006/27

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 January 2006

DOI: http://dx.doi.org/10.5089/9781451812756.002

ISBN: 9781451812756

Keywords: expenditure, hiv/aids, service delivery, public expenditure, per

This paper examines the Annual Progress Report on the Federal Democratic Republic of Ethiopia's Poverty Reduction Strategy. The broad thrust of the government's strategy remains creating rural growth, accelerating...

Finance & Development, September 2005

Finance & Development, September 2005 »

Volume/Issue: 42/3

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 September 2005

DOI: http://dx.doi.org/10.5089/9781451953985.022

ISBN: 9781451953985

Keywords: monetary fund, website, inflation, press, facsimile

This paper explores why increased aid flows require economic policymakers to confront some specific issues. Ensuring that increased aid promotes growth and reduces poverty is certainly the most important task. Empi...

Pity the Finance Minister
			: Issues in Managing a Substantial Scaling-Up of Aid Flows

Pity the Finance Minister : Issues in Managing a Substantial Scaling-Up of Aid Flows »

Volume/Issue: 2005/180

Series: IMF Working Papers

Author(s): Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2005

DOI: http://dx.doi.org/10.5089/9781451861990.001

ISBN: 9781451861990

Keywords: Aid donors, aid flows, exchange rate, real exchange rate, foreign exchange, Fiscal Policies and Behavior of Economic Agents: General, Macroeconomic Analyses of Economic Development, Fiscal and Monetary Policy in Development,

Substantially scaling up of aid flows will require development partners to address many issues, including the impact of higher aid flows on: the competitiveness of aid recipients; the management of fiscal and monet...

The Macroeconomic Challenges of Scaling Up Aid to Africa

The Macroeconomic Challenges of Scaling Up Aid to Africa »

Volume/Issue: 2005/179

Series: IMF Working Papers

Author(s): Yongzheng Yang , Robert Powell , and Sanjeev Gupta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2005

DOI: http://dx.doi.org/10.5089/9781451861983.001

ISBN: 9781451861983

Keywords: Exchange Rate, real exchange rate, foreign exchange, exchange rate appreciation, Economic Growth of Open Economies, Welfare and Poverty: General, Economic Growth and Aggregate Productivity: General,

This paper surveys the economic literature on the scaling-up of aid to Africa. It provides a checklist of issues that need to be considered when preparing a long term macroeconomic projection for a country involvin...

Global Monitoring Report, 2005
			: Millennium Development Goals:  From Consensus to Momentum

Global Monitoring Report, 2005 : Millennium Development Goals: From Consensus to Momentum »

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 April 2005

DOI: http://dx.doi.org/10.5089/9780821360774.019

ISBN: 9780821360774

Keywords: primary education, multilateral development banks, debt relief, financial institutions, service delivery

The year 2005 marks an important juncture for development as the international community takes stock of implementation of the Millennium Declaration-signed by 189 countries in 2000-and discusses how progress toward...

Unproductive Public Expenditures
			: A Pragmatic Approach to Policy Analysis

Unproductive Public Expenditures : A Pragmatic Approach to Policy Analysis »

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 April 2005

DOI: http://dx.doi.org/10.5089/9781557755414.054

ISBN: 9781557755414

Keywords: expenditure, public expenditure, expenditures, public expenditures, expenditure productivity

Public expenditure policy, together with efforts to raise revenue,is at the core of efficient and equitable adjustment. Public expenditureproductivity has critical implications for fiscal adjustment, particularly a...

The Federal Democratic Republic of Ethiopia
			: 2004 Article IV Consultation and Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility-Staff Report; Staff Statement; and Public Information Notice and Press Release on the Executive Board Discussion

The Federal Democratic Republic of Ethiopia : 2004 Article IV Consultation and Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility-Staff Report; Staff Statement; and Public Information Notice and Press Release on the Executive Board Discussion »

Volume/Issue: 2005/25

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 January 2005

DOI: http://dx.doi.org/10.5089/9781451812718.002

ISBN: 9781451812718

Keywords: debt, interest, budget, debt relief, external debt

This paper examines Ethiopia's 2004 Article IV Consultation and Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF). The PRGF program remains on track. All the quant...

The Federal Democratic Republic of Ethiopia
			: Debt Sustainability Analysis

The Federal Democratic Republic of Ethiopia : Debt Sustainability Analysis »

Volume/Issue: 2005/27

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 January 2005

DOI: http://dx.doi.org/10.5089/9781451812732.002

ISBN: 9781451812732

Keywords: gdp growth, real gdp, external debt, public debt, debt sustainability

This paper presents key findings of debt sustainability analysis (DSA) for Ethiopia. The stress tests reveal that Ethiopia's external debt and debt service indicators are particularly sensitive to the terms of new...

The Federal Democratic Republic of Ethiopia
			: Ex-Post Assessment of Long-Term Fund Engagement

The Federal Democratic Republic of Ethiopia : Ex-Post Assessment of Long-Term Fund Engagement »

Volume/Issue: 2005/26

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 January 2005

DOI: http://dx.doi.org/10.5089/9781451812725.002

ISBN: 9781451812725

Keywords: foreign exchange, current account, banking, external debt, decentralization

This paper presents an Ex Post Assessment of Long-Term IMF Engagement in Ethiopia. IMF involvement since 1992 helped underpin the authorities' gradualist policies. Initially, IMF-supported programs aimed at stabili...

The Federal Democratic Republic of Ethiopia
			: Selected Issues and Statistical Appendix

The Federal Democratic Republic of Ethiopia : Selected Issues and Statistical Appendix »

Volume/Issue: 2005/28

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 January 2005

DOI: http://dx.doi.org/10.5089/9781451812749.002

ISBN: 9781451812749

Keywords: international monetary fund, debt relief, external debt, exchange rate, real exchange rate

This Selected Issues paper assesses the implications of a significant increase in the flow of external financing and grants on real GDP growth in Ethiopia. The paper presents an analysis of the sources of growth du...

Helping Countries Develop
			: The Role of Fiscal Policy

Helping Countries Develop : The Role of Fiscal Policy »

Series: Books

Author(s): Benedict Clements , Sanjeev Gupta , and Gabriela Inchauste

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 September 2004

DOI: http://dx.doi.org/10.5089/9781589063181.071

ISBN: 9781589063181

Keywords: food aid, expenditure, fiscal policy, public spending, per

Fiscal policy can foster growth and human development through a number of different channels. These include the macroeconomic (for example, through the influence of the budget deficit on growth) as well as the micr...

The Federal Democratic Republic of Ethiopia
			: Enhanced Initiative for Heavily Indebted Poor Countries-Completion Point Document

The Federal Democratic Republic of Ethiopia : Enhanced Initiative for Heavily Indebted Poor Countries-Completion Point Document »

Volume/Issue: 2004/116

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 April 2004

DOI: http://dx.doi.org/10.5089/9781451812701.002

ISBN: 9781451812701

Keywords: debt relief, debt service, external debt, debt sustainability

This paper assesses Ethiopia's economic progress under the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC) Initiative, and seeks approval of the IMF staff for the completion point under the initiativ...

The Federal Democratic Republic of Ethiopia
			: Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

The Federal Democratic Republic of Ethiopia : Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia »

Volume/Issue: 2004/65

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 March 2004

DOI: http://dx.doi.org/10.5089/9781451812695.002

ISBN: 9781451812695

Keywords: debt, interest, deficit, budget, public expenditure

Ethiopia showed commendable performance under the Poverty Reduction and Growth Facility (PRGF) Arrangement. Executive Directors appreciated this development, and emphasized the need to strengthen fiscal and monetar...

The Federal Democratic Republic of Ethiopia
			: Joint Staff Assessment of the Poverty Reduction Strategy Paper Annual Progress Report

The Federal Democratic Republic of Ethiopia : Joint Staff Assessment of the Poverty Reduction Strategy Paper Annual Progress Report »

Volume/Issue: 2004/59

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 March 2004

DOI: http://dx.doi.org/10.5089/9781451812671.002

ISBN: 9781451812671

Keywords: food security, poverty reduction strategy, food aid, evaluation system, food insecurity

This report reviews the Joint Staff Assessment of the Poverty Reduction Strategy Paper Annual Progress Report for The Federal Democratic Republic of Ethiopia. It summarizes the Sustainable Development and Poverty R...

The Federal Democratic Republic of Ethiopia
			: Poverty Reduction Strategy Paper Annual Progress Report

The Federal Democratic Republic of Ethiopia : Poverty Reduction Strategy Paper Annual Progress Report »

Volume/Issue: 2004/37

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 February 2004

DOI: http://dx.doi.org/10.5089/9781451812657.002

ISBN: 9781451812657

Keywords: food security, expenditure, food insecurity, per, total expenditure

This report assesses the Annual Progress Report on the implementation of the Sustainable Development and Poverty Reduction Program (SDPRP), which is the Poverty Reduction Strategy Paper for Ethiopia. It reviews the...

Social Impact of a Tax Reform
			: The Case of Ethiopia

Social Impact of a Tax Reform : The Case of Ethiopia »

Volume/Issue: 2003/232

Series: IMF Working Papers

Author(s): Sònia Muñoz , and Stanley Cho

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2003

DOI: http://dx.doi.org/10.5089/9781451875584.001

ISBN: 9781451875584

Keywords: Incidence Analysis, Value-Added Tax, Poverty-Related Expenditure, vat, expenditure, expenditures, public expenditure, total expenditure, Equity, Justice

This paper provides an assessment of the poverty and social impact of replacing Ethiopia's sales tax with a value-added tax (VAT). The results indicate that this reform has not had a major adverse effect on the poo...

Ethiopia
			: Fourth Review and Third Annual Program Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Requests for Extension of Arrangement and for Additional Interim Assistance Under the Enhanced HIPC Initiative

Ethiopia : Fourth Review and Third Annual Program Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Requests for Extension of Arrangement and for Additional Interim Assistance Under the Enhanced HIPC Initiative »

Volume/Issue: 2003/272

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 September 2003

DOI: http://dx.doi.org/10.5089/9781451812640.002

ISBN: 9781451812640

Keywords: debt, budget, financial sector, public expenditure, interest

Recent economic developments have been adversely affected by the severe drought. The mission and the authorities updated the macroeconomic framework for 2003/04 and the medium-term in light of recent developments a...

IMF Survey, Volume 32, Issue 13

IMF Survey, Volume 32, Issue 13 »

Volume/Issue: 32/13

Series: IMF Survey

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 July 2003

DOI: http://dx.doi.org/10.5089/9781451930818.023

ISBN: 9781451930818

Keywords: poverty reduction, debt, international monetary fund, debt sustainability

IMF Managing Director Horst Köhler traveled to Ethiopia on July 5 to discuss the challenges facing the drought-stricken country and to emphasize the IMF’s strong commitment to support the country&#x20...

Foreign Aid and Consumption Smoothing
			: Evidence From Global Food Aid

Foreign Aid and Consumption Smoothing : Evidence From Global Food Aid »

Volume/Issue: 2003/40

Series: IMF Working Papers

Author(s): Erwin Tiongson , Benedict Clements , and Sanjeev Gupta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2003

DOI: http://dx.doi.org/10.5089/9781451845990.001

ISBN: 9781451845990

Keywords: Food aid, consumption smoothing, food availability, food production, food security,

Global food aid is considered a critical consumption smoothing mechanism in many countries. However, its record of stabilizing consumption has been mixed. This paper examines the cyclical properties of food aid wit...

Institutions Rule
			: The Primacy of Institutions over Integration and Geography in Economic Development

Institutions Rule : The Primacy of Institutions over Integration and Geography in Economic Development »

Volume/Issue: 2002/189

Series: IMF Working Papers

Author(s): Arvind Subramanian , Francesco Trebbi , and Dani Rodrik

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2002

DOI: http://dx.doi.org/10.5089/9781451859621.001

ISBN: 9781451859621

Keywords: Institutions, integration, geography, equation, statistics, dummy variable, equations, samples, Macroeconomic Analyses of Economic Development, Capitalist Systems: Political Economy

We estimate the respective contributions of institutions, geography, and trade in determining cross-country income levels using recently developed instruments for institutions and trade. Our results indicate that t...

Ethiopia
			: Staff Report for the 2002 Article IV Consultation and Third Review Under the Poverty Reduction and Growth Facility Arrangement

Ethiopia : Staff Report for the 2002 Article IV Consultation and Third Review Under the Poverty Reduction and Growth Facility Arrangement »

Volume/Issue: 2002/220

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 October 2002

DOI: http://dx.doi.org/10.5089/9781451812688.002

ISBN: 9781451812688

Keywords: financial sector, debt, deficit, interest, article

This paper assesses Ethiopia's 2002 Article IV Consultation and Third Review Under the Poverty Reduction and Growth Facility (PRGF) Arrangement. Performance under the first annual PRGF-supported program was good, a...

Ethiopia
			: Statistical Appendix

Ethiopia : Statistical Appendix »

Volume/Issue: 2002/214

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 September 2002

DOI: http://dx.doi.org/10.5089/9781451812664.002

ISBN: 9781451812664

Keywords: expenditure, national bank, capital expenditure, current expenditure, total expenditure

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discuss...

Microfinance Institutions and Public Policy

Microfinance Institutions and Public Policy »

Volume/Issue: 2002/159

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2002

DOI: http://dx.doi.org/10.5089/9781451857689.001

ISBN: 9781451857689

Keywords: microcredit, bank regulation, microfinance institutions, financial institutions, financial institution, Financial Institutions and Services: Government Policy and Regulation,

Many governments and nongovernmental organizations have adopted policies to promote the growth of microfinance institutions (MFIs). The appropriate level and form of support for MFIs are discussed in this paper on...

Export Orientation and Productivity in Sub-Saharan Africa

Export Orientation and Productivity in Sub-Saharan Africa »

Volume/Issue: 2002/89

Series: IMF Working Papers

Author(s): Catherine Pattillo , and Taye Mengistae

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2002

DOI: http://dx.doi.org/10.5089/9781451851298.001

ISBN: 9781451851298

Keywords: learning-by-exporting, exporters, exporter, equation, export markets, export market, Firm Behavior, Industry Studies: Manufacturing: General, Microeconomic Analyses of Economic Development,

Analysis of firm-level panel data from three sub-Saharan African economies shows that exporting manufacturers have a total factor productivity premium of 11-28 percent. The data do not allow testing of whether thes...

Ethiopia
			: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Requests for Augmentation of Access and for Waiver of Performance Criterion, and Second Annual Program

Ethiopia : Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Requests for Augmentation of Access and for Waiver of Performance Criterion, and Second Annual Program »

Volume/Issue: 2002/68

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 March 2002

DOI: http://dx.doi.org/10.5089/9781451812633.002

ISBN: 9781451812633

Keywords: debt, budget, financial sector, balance of payments, interest

This paper assesses Ethiopia's Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF), and Requests for Augmentation of Access and for Waiver of Performance Criterion,...

IMF Survey, Volume 31, Issue 21

IMF Survey, Volume 31, Issue 21 »

Volume/Issue: 31/21

Series: IMF Survey

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2002

DOI: http://dx.doi.org/10.5089/9781451926149.023

ISBN: 9781451926149

Keywords: technical assistance, capacity-building, member countries, public expenditure, monetary policy, East afritac opening,

Tanzanian President Benjamin William Mkapa’s remarks on the inauguration of East AFRITAC could not have been clearer or more emphatic. If Africa is to define its own economic destiny, it must strengthen its...

Ethiopia
			: Recent Economic Developments

Ethiopia : Recent Economic Developments »

Volume/Issue: 1999/98

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 1999

DOI: http://dx.doi.org/10.5089/9781451812626.002

ISBN: 9781451812626

Keywords: tariff rate, export promotion, export volumes, exports of goods, export volume

This paper reviews economic developments in Ethiopia during 1995-99. It provides an update on macroeconomic performance and structural reforms during FY96-FY99 (fiscal year ended July 7), when Ethiopia-as Africa's...

Coordinating Tariff Reduction and Domestic Tax Reform

Coordinating Tariff Reduction and Domestic Tax Reform »

Volume/Issue: 1999/93

Series: IMF Working Papers

Author(s): Michael Keen , and Jenny Ligthart

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 1999

DOI: http://dx.doi.org/10.5089/9781451851632.001

ISBN: 9781451851632

Keywords: tariff reform, tax reform, intermediate inputs, imperfect competition, consumption tax, consumption taxes, world prices

A key obstacle to fundamental tariff reform in many developing countries is the revenue loss that it ultimately implies. This paper establishes a simple and practicable strategy for realizing the efficiency gains f...

Ethiopia
			: Statistical Appendix

Ethiopia : Statistical Appendix »

Volume/Issue: 1998/6

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 February 1998

DOI: http://dx.doi.org/10.5089/9781451812619.002

ISBN: 9781451812619

Keywords: national bank, current expenditure, banking, banking system, imported goods

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discuss...

Ethiopia
			: Selected Issues

Ethiopia : Selected Issues »

Volume/Issue: 1996/52

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 June 1996

DOI: http://dx.doi.org/10.5089/9781451812602.002

ISBN: 9781451812602

Keywords: foreign exchange, money supply, national bank, inflation, banking

This Selected Issues paper examines economic development in Ethiopia during the 1990s. In mid-1992, the government began implementing significant economic reforms aimed at stabilizing the economy and deregulating e...

Ethiopia
			: Recent Economic Developments

Ethiopia : Recent Economic Developments »

Volume/Issue: 1994/15

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 1994

DOI: http://dx.doi.org/10.5089/9781451812596.002

ISBN: 9781451812596

Keywords: prices, credit, payments, foreign exchange, national bank

This paper describes economic developments in Ethiopia during 1990-94. In 1992/93, there was a significant recovery in the economy, which was reflected in virtually all sectors, with real GDP rebounding by an excep...

Fiscal Revenue and Inflationary Finance

Fiscal Revenue and Inflationary Finance »

Volume/Issue: 1990/48

Series: IMF Working Papers

Author(s): Nurun Choudhry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1990

DOI: http://dx.doi.org/10.5089/9781451972184.001

ISBN: 9781451972184

Keywords: inflation rate, rate of inflation, monetary base, inflation tax

This paper analyzes the erosion of fiscal revenue by inflation resulting from the issuance of money. The empirical evidence for a number of developing countries supports the well-known hypothesis that an increase i...