TY - BOOK ID - 136741586 TI - Exiting Financial Repression : The Case of Ethiopia AU - Chauffour, Jean-Pierre. AU - Gobezie, Muluneh Ayalew. PY - 2019 PB - Washington, D.C. : The World Bank, DB - UniCat KW - Currency KW - Economic Policy, Institutions and Governance KW - Finance and Development KW - Finance and Financial Sector Development KW - Financial Economics KW - Financial Liberalization KW - Fiscal and Monetary Policy KW - Fiscal Policy KW - Foreign Exchange KW - Globalization and Financial Integration KW - Government Policy KW - International Economics and Trade KW - International Financial Markets KW - Macroeconomics and Economic Growth KW - Monetary Policy KW - Socialist Institutions UR - https://www.unicat.be/uniCat?func=search&query=sysid:136741586 AB - Ethiopia's framework for managing its monetary and foreign exchange policy has relied on some standard instruments of financial repression. Over time, the framework has led to the buildup of large macro-financial imbalances. Exiting financial repression while maintaining macroeconomic stability would require solid control over the macro-financial flows and good anticipation of the immediate financial effects of the reform. The paper presents and quantifies such a gradual liberalization reform scenario of Ethiopia's monetary and foreign exchange system. ER -