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

International Monetary Fund

No 2005/026, IMF Staff Country Reports from International Monetary Fund

Abstract: 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 stabilizing the economy and breaking with the legacy of central planning. Later programs emphasized structural reform to support sustainable high growth and poverty reduction. Although macroeconomic stability has been largely achieved, structural reform was gradual and piecemeal, especially under the Enhanced Structural Adjustment Facility. Many of the most immediate and distortionary policies of the centrally planned past have also been overhauled.

Keywords: ISCR; CR; government; real GDP; current account; gradualist policy; country authorities; government effectiveness; fiscal year; Exports; Structural reforms; Agricultural sector; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 33
Date: 2005-01-28
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=18010 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2005/026

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().