The Case for Financial Sector Liberalization in Ethiopia
Kozo Kiyota,
Barbara Peitsch and
Robert Stern
Additional contact information
Barbara Peitsch: University of Michigan, Dearborn
No 565, Working Papers from Research Seminar in International Economics, University of Michigan
Abstract:
This paper focuses on issues of financial sector liberalization in Ethiopia, with reference in particular to the Ethiopian banking sector. We identify two factors that may constrain Ethiopia’s financial development. One is the closed nature of the Ethiopian financial sector in which there are no foreign banks, a non-competitive market structure, and strong capital controls in place. The other is the dominant role of state-owned banks. Our observations suggest that the Ethiopian economy would benefit from financial sector liberalization, especially from the entry of foreign banks and the associated privatization of state-owned banks.
Keywords: foreign banks; state-owned banks; financial sector liberalization; Africa; Ethiopia (search for similar items in EconPapers)
JEL-codes: G21 G32 L33 O55 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2007
New Economics Papers: this item is included in nep-afr, nep-ban, nep-dev and nep-tra
References: Add references at CitEc
Citations: View citations in EconPapers (4)
Downloads: (external link)
http://www.fordschool.umich.edu/rsie/workingpapers/Papers551-575/r565.pdf
Related works:
Working Paper: The Case for Financial Sector Liberalization in Ethiopia (2007)
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:mie:wpaper:565
Access Statistics for this paper
More papers in Working Papers from Research Seminar in International Economics, University of Michigan Contact information at EDIRC.
Bibliographic data for series maintained by FSPP Webmaster (fspp-webmaster@umich.edu).