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The Federal Democratic Republic of Ethiopia: Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues paper examines the causes of recent inflation in Ethiopia and discusses possible policy responses. Inflation in Ethiopia has reached a historical peak. Following a drought-related surge of food prices in 2003, it receded to single digits but soon turned back up in 2004 and gradually increased. The paper provides an overview of recent inflation developments, and explores the factors contributing to recent inflation, based on fresh studies and the review of current monetary and external developments. The paper also lays out cross-country analysis with countries experiencing high inflation.

Suggested Citation

  • International Monetary Fund, 2008. "The Federal Democratic Republic of Ethiopia: Selected Issues," IMF Staff Country Reports 2008/259, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2008/259
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    Citations

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    Cited by:

    1. Durevall, Dick & Loening, Josef L. & Ayalew Birru, Yohannes, 2013. "Inflation dynamics and food prices in Ethiopia," Journal of Development Economics, Elsevier, vol. 104(C), pages 89-106.
    2. Maes, Kenneth C. & Hadley, Craig & Tesfaye, Fikru & Shifferaw, Selamawit, 2010. "Food insecurity and mental health: Surprising trends among community health volunteers in Addis Ababa, Ethiopia during the 2008 food crisis," Social Science & Medicine, Elsevier, vol. 70(9), pages 1450-1457, May.
    3. Terrence Lyons, 2009. "The Ethiopia--Eritrea Conflict and the Search for Peace in the Horn of Africa," Review of African Political Economy, Taylor & Francis Journals, vol. 36(120), pages 167-180, June.

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