Author: Asmerom Kidane
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 62
Book Description
Real Exchange Rate Price and Agricultural Supply Response in Ethiopia
Author: Asmerom Kidane
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 62
Book Description
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 62
Book Description
Trade, value chains, and rent distribution with foreign exchange controls: Coffee exports in Ethiopia
Author: Seneshaw Tamru
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 27
Book Description
Exchange rate policies can have important implications on incentives for export agriculture. However, their effects are often not well understood. We study the issue of foreign exchange controls and pricing in the value chain for Ethiopia’s coffee - its most important export crop. Relying on unique pricing and cost data, we find that coffee exporters are willing to incur losses during exporting by offering high prices for coffee locally in order to access scarce foreign exchange. The losses in export markets are then more than recovered in importing, indicating rents - import parity prices are significantly lower than the prices charged for imported goods, so that profits on imports are much higher than the losses incurred in exporting. We further show that the high coffee wholesale prices are transmitted to farmers, so that they benefit from the rents downstream. These results suggest that a better exchange rate alignment to reduce the overvaluation of the local currency in this case would have a lower impact on export crop producer prices than typically is anticipated.
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 27
Book Description
Exchange rate policies can have important implications on incentives for export agriculture. However, their effects are often not well understood. We study the issue of foreign exchange controls and pricing in the value chain for Ethiopia’s coffee - its most important export crop. Relying on unique pricing and cost data, we find that coffee exporters are willing to incur losses during exporting by offering high prices for coffee locally in order to access scarce foreign exchange. The losses in export markets are then more than recovered in importing, indicating rents - import parity prices are significantly lower than the prices charged for imported goods, so that profits on imports are much higher than the losses incurred in exporting. We further show that the high coffee wholesale prices are transmitted to farmers, so that they benefit from the rents downstream. These results suggest that a better exchange rate alignment to reduce the overvaluation of the local currency in this case would have a lower impact on export crop producer prices than typically is anticipated.
Uganda's Equilibrium Real Exchange Rate and Its Implications for Non-traditional Export Performance
Author: Michael Atingi
Publisher:
ISBN:
Category : Exports
Languages : en
Pages : 76
Book Description
Publisher:
ISBN:
Category : Exports
Languages : en
Pages : 76
Book Description
The Federal Democratic Republic of Ethiopia
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1484338502
Category : Business & Economics
Languages : en
Pages : 79
Book Description
This IMF Staff Report for 2017 Article IV Consultation highlights that Ethiopia has recorded annual average GDP growth of about ten percent in the last decade, driven by public investments in agriculture and infrastructure. The poverty rate has fallen from 44 percent in 2000 to 23.5 percent in 2015/16. In 2016/17 GDP growth is estimated at 9 percent, as agriculture rebounded from severe drought conditions in 2015/16. Industrial activity expanded, with continued investments in infrastructure and manufacturing. The current account deficit declined in 2016/17 to 8.2 percent of GDP. Over the medium term, growth is expected to remain about 8 percent, supported by sustained expansion in exports and investment.
Publisher: International Monetary Fund
ISBN: 1484338502
Category : Business & Economics
Languages : en
Pages : 79
Book Description
This IMF Staff Report for 2017 Article IV Consultation highlights that Ethiopia has recorded annual average GDP growth of about ten percent in the last decade, driven by public investments in agriculture and infrastructure. The poverty rate has fallen from 44 percent in 2000 to 23.5 percent in 2015/16. In 2016/17 GDP growth is estimated at 9 percent, as agriculture rebounded from severe drought conditions in 2015/16. Industrial activity expanded, with continued investments in infrastructure and manufacturing. The current account deficit declined in 2016/17 to 8.2 percent of GDP. Over the medium term, growth is expected to remain about 8 percent, supported by sustained expansion in exports and investment.
Dynamic Inter-links Among the Exchange Rate, Price Level, and Terms of Trade in a Managed Floating Exchange Rate System
Author: Vijay K. Bhasin
Publisher:
ISBN:
Category : Foreign exchange rates
Languages : en
Pages : 90
Book Description
Publisher:
ISBN:
Category : Foreign exchange rates
Languages : en
Pages : 90
Book Description
Determinants of Agricultural Exports
Author: Daniel Gbetnkom
Publisher:
ISBN:
Category : Produce trade
Languages : en
Pages : 56
Book Description
Publisher:
ISBN:
Category : Produce trade
Languages : en
Pages : 56
Book Description
The Parallel Foreign Exchange Market and Macroeconomic Performance in Ethiopia
Author: Deresse Degefa
Publisher:
ISBN:
Category : Ethiopia
Languages : en
Pages : 66
Book Description
Publisher:
ISBN:
Category : Ethiopia
Languages : en
Pages : 66
Book Description
Financial Liberalization and Its Implications for the Domestic Financial System
Author: L. A. Kasekende
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 68
Book Description
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 68
Book Description
Exchange Rate Policy and the Parallel Market for Foreign Currency in Burundi
Author: J. D. Nkurunziza
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 66
Book Description
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 66
Book Description
Corporate Governance Mechanisms and Firm Financial Performance in Nigeria
Author: Ahmadu Sanda
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 56
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 56
Book Description