Ethiopia's framework for managing its monetary and foreign exchange policy has relied on some standard instruments of financial repression. Over time, the framework has led to the buildup of large macro-financial imbalances. Exiting financial repression while maintaining macroeconomic stability would require solid control over the macro-financial flows and good anticipation of the immediate financial effects of the reform. The paper presents and quantifies...
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DETALHES
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2019/12/12
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Documento de trabalho sobre pesquisa de políticas
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WPS9082
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1
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1
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2019/12/12
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Disclosed
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Exiting Financial Repression : The Case of Ethiopia
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trade and investment
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