Imagen de Portada
Código QR

Economic implications of foreign exchange rationing in Ethiopia

Mostrar otras versiones (1)

This paper examines macro-economic developments in Ethiopia between 2004/05 and 2008/09, focusing on the external accounts and the real exchange rate. Simulations using a Computable General Equilibrium (CGE) model of Ethiopia's economy show that, compared to a policy of foreign exchange rationing, a...

Descripción completa

Autores principales: Dorosh, Paul A., Robinson, Sherman, Ahmed, Hashim A.
Formato: Brief
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2009
Materias:
currencies
computable general equilibrium models
prices
economic growth
import controls
agriculture
welfare economics
development policies
globalization
markets
Acceso en línea:https://hdl.handle.net/10568/162063
Sumario:This paper examines macro-economic developments in Ethiopia between 2004/05 and 2008/09, focusing on the external accounts and the real exchange rate. Simulations using a Computable General Equilibrium (CGE) model of Ethiopia's economy show that, compared to a policy of foreign exchange rationing, a policy of real exchange rate depreciation and no rationing improves economic efficiency and welfare of all households except those who receive the rents (excess profits) arising from rationing.

Ejemplares similares