Real Exchange Rate Price and Agricultural Supply Response in Ethiopia

Real Exchange Rate Price and Agricultural Supply Response in Ethiopia PDF Author: Asmerom Kidane
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 62

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Real Exchange Rate Price and Agricultural Supply Response in Ethiopia

Real Exchange Rate Price and Agricultural Supply Response in Ethiopia PDF Author: Asmerom Kidane
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 62

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Book Description


Trade, value chains, and rent distribution with foreign exchange controls: Coffee exports in Ethiopia

Trade, value chains, and rent distribution with foreign exchange controls: Coffee exports in Ethiopia PDF Author: Seneshaw Tamru
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 27

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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.

The Federal Democratic Republic of Ethiopia

The Federal Democratic Republic of Ethiopia PDF Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1484338502
Category : Business & Economics
Languages : en
Pages : 79

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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.

Uganda's Equilibrium Real Exchange Rate and Its Implications for Non-traditional Export Performance

Uganda's Equilibrium Real Exchange Rate and Its Implications for Non-traditional Export Performance PDF Author: Michael Atingi
Publisher:
ISBN:
Category : Exports
Languages : en
Pages : 76

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Dynamic Inter-links Among the Exchange Rate, Price Level, and Terms of Trade in a Managed Floating Exchange Rate System

Dynamic Inter-links Among the Exchange Rate, Price Level, and Terms of Trade in a Managed Floating Exchange Rate System PDF Author: Vijay K. Bhasin
Publisher:
ISBN:
Category : Foreign exchange rates
Languages : en
Pages : 90

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Exchange Rate Policy and the Parallel Market for Foreign Currency in Burundi

Exchange Rate Policy and the Parallel Market for Foreign Currency in Burundi PDF Author: J. D. Nkurunziza
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 66

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Financial Liberalization and Its Implications for the Domestic Financial System

Financial Liberalization and Its Implications for the Domestic Financial System PDF Author: L. A. Kasekende
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 68

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IMF Staff papers

IMF Staff papers PDF Author: International Monetary Fund. Research Dept.
Publisher: International Monetary Fund
ISBN: 145197146X
Category : Business & Economics
Languages : en
Pages : 208

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Book Description
This paper explains contribution of the September 1949 devaluations to the solution of Europe’s dollar problem. After the devaluations, the dollar value of exports to the United States from the devaluing countries in Europe recovered from the low levels of the second and third quarters of 1949, but this recovery, which restored exports in the first half of 1950 approximately to the 1948 level should be attributed in large part to the recovery in the US economy rather than to the devaluations. Between the first half of 1949 and the first half of 1950, Europe's dollar imports declined by one-third. Most of this decline occurred, however, between the second and third quarter of 1949, that is, before the devaluations. With imports generally controlled, the effect of the devaluations appeared much more in the reduction of pressure on the control authorities, the substitution of the price mechanism for at least part of the controls as barriers to imports, and the consequent more rational allocation of the relatively scarce dollars among different uses and different users.

The Rice Crisis

The Rice Crisis PDF Author: David Dawe
Publisher: Routledge
ISBN: 1136530398
Category : Nature
Languages : en
Pages : 394

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Book Description
The recent escalation of world food prices – particularly for cereals - prompted mass public indignation and demonstrations in many countries, from the price of tortilla flour in Mexico to that of rice in the Philippines and pasta in Italy. The crisis has important implications for future government trade and food security policies, as countries re-evaluate their reliance on potentially more volatile world markets to augment domestic supplies of staple foods. This book examines how government policies caused and responded to soaring world prices in the particular case of rice, which is the world's most important source of calories for the poor. Comparable case studies of policy reactions in different countries, principally across Asia, but also including the USA, provide the understanding necessary to evaluate the impact of trade policy on the food security of poor farmers and consumers. They also provide important insights into the concerns of developing countries that are relevant for future international trade negotiations in key agricultural commodities. As a result, more appropriate policies can be put in place to ensure more stable food supplies in the future. Published with the Food and Agriculture (FAO) Organization of the United Nations

Policy Reform, Implementation and Outcome in Ethiopia

Policy Reform, Implementation and Outcome in Ethiopia PDF Author: Gebrehiowot Ageba
Publisher:
ISBN:
Category : Ethiopia
Languages : en
Pages : 386

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Book Description