Economic implications of foreign exchange rationing in Ethiopia
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...
| Main Authors: | , , |
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| Format: | Brief |
| Language: | Inglés |
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International Food Policy Research Institute
2009
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/162063 |
| _version_ | 1855543423064342528 |
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| author | Dorosh, Paul A. Robinson, Sherman Ahmed, Hashim A. |
| author_browse | Ahmed, Hashim A. Dorosh, Paul A. Robinson, Sherman |
| author_facet | Dorosh, Paul A. Robinson, Sherman Ahmed, Hashim A. |
| author_sort | Dorosh, Paul A. |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | 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. |
| format | Brief |
| id | CGSpace162063 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2009 |
| publishDateRange | 2009 |
| publishDateSort | 2009 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1620632025-11-06T04:47:21Z Economic implications of foreign exchange rationing in Ethiopia Dorosh, Paul A. Robinson, Sherman Ahmed, Hashim A. currencies computable general equilibrium models prices economic growth import controls agriculture welfare economics development policies globalization markets 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. 2009 2024-11-21T10:00:56Z 2024-11-21T10:00:56Z Brief https://hdl.handle.net/10568/162063 en https://hdl.handle.net/10568/162052 Open Access application/pdf International Food Policy Research Institute Dorosh, Paul A.; Robinson, Sherman; Ahmed, Hashim. 2009. Economic implications of foreign exchange rationing in Ethiopia. ESSP II Research Note 3. https://hdl.handle.net/10568/162063 |
| spellingShingle | currencies computable general equilibrium models prices economic growth import controls agriculture welfare economics development policies globalization markets Dorosh, Paul A. Robinson, Sherman Ahmed, Hashim A. Economic implications of foreign exchange rationing in Ethiopia |
| title | Economic implications of foreign exchange rationing in Ethiopia |
| title_full | Economic implications of foreign exchange rationing in Ethiopia |
| title_fullStr | Economic implications of foreign exchange rationing in Ethiopia |
| title_full_unstemmed | Economic implications of foreign exchange rationing in Ethiopia |
| title_short | Economic implications of foreign exchange rationing in Ethiopia |
| title_sort | economic implications of foreign exchange rationing in ethiopia |
| topic | currencies computable general equilibrium models prices economic growth import controls agriculture welfare economics development policies globalization markets |
| url | https://hdl.handle.net/10568/162063 |
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