The current state of ethiopian financial sector and its regulation. Fiscal policy and economic growth in ethiopia getachew petros osebo lecturer, department of the economics, wolaita sodo university p. Reserves were thin and foreign exchange shortages persisted. Fiscal policy can foster growth and human development through a number of different. Pdf the macroeconomic effects of fiscal policy shock in ethiopia.
The role of fiscal policy goes beyond achieving macroeconomic objectives. The purpose of the paper is to examine the effect of fiscal policy variables on economic growth in south africa. Federal democratic republic of ethiopia green growth knowledge. The impact of fiscal policy shocks on ethiopian economy grin. Pdf ethiopias new financial sector and its regulation. Variations in the inflation rate can have implications for the fiscal authoritys.
Pdf fiscal policy and economic growth in south africa. Fiscal imbalances in fdre contd vertical imbalance for example for instance, the revenue generated by the regions accounts for only a maximum of 9. The fiscal policy variables considered in the study include government gross fixed. Fiscal policy, public debt and monetary policy in emerging. Pdf on mar 1, 2009, benedict clements and others published fiscal policy for economic development. What is new after a decade and half strategy of gradualism in reform. The effectiveness of monetary policy for the ethiopia. Fiscal policy for economic development international monetary fund. This study examines the impacts of fiscal policy shock on ethiopian economy.
Ethiopias current fiscal policy objective is to achieve. Among the most important is the recognition that fiscal and monetary policies are linked through the government sectors budget constraint. June 22, 2016, with the officials of the federal democratic republic of ethiopia on economic developments and policies. Mekonen tadesse editor, ethiopian economic associationeea, departments of economics of aau. Implementation of the population policy of ethiopia. Fiscal policy in ethiopia and recent developments v message from the minister i am honored to present this series of publication fiscal policy in ethiopia and recent developments that has been produced by the ministry of finance and economic cooperation mofec. Productive capacity and economic growth in ethiopia.
Fiscal policy in ethiopia ethiopian economic association. Fiscal rules from a political economy perspective, in g kopits ed. The world bank team welcomes feedback on the ethiopia economic update. In 201718 growth slowed due to political uncertainty and appropriately restrictive macroeconomic policies. O box 8, wolaita sodo, ethiopia abstract the purpose of the paper is to examine the impact of fiscal policy variables on economic growth for ethiopia.
Productive capacity and economic growth in ethiopia 1 introduction ethiopia is one of the largest least developed countries ldcs in subsaharan africa, with a popula. The external current account deficit narrowed to 6. Pdf implementation of the population policy of ethiopia. The effectiveness of monetary policy for the ethiopia econmy. Neither is the prospect of economic growth, projected by the world banks global outlook, is grim for ethiopia and countries listed in the magazine. The imfs transparency policy allows for the deletion of marketsensitive information and.
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