Author:
Publisher:
ISBN:
Category : Debts, Public
Languages : en
Pages : 148
Book Description
Imperial Ethiopian Government External Debt
The Impacts of External Debt on Investment in Ethiopia
Author: Tsegaye Ginbo Gatiso
Publisher: LAP Lambert Academic Publishing
ISBN: 9783659119552
Category :
Languages : en
Pages : 140
Book Description
Ethiopia was among the first countries that applied for external loan from the then newly created IMF in the early post WWII periods. Before 1945, the country sought defense-related external assistances. In the post war periods, however, the need for external borrowings arises due to saving-investment gaps, export-import gaps and financing fiscal budget deficits. Nonetheless, the problem of debt burden is a post 1973/74 periods phenomenon. During the imperial period (pre-1973/74), the rate of growth exceeded the cost of borrowing; thus debt service obligations were honored without any strain. But the story went different during Derg Regime; the growth to debt correlation turned negative and reached the stage where the country cannot survive without it. During the post Derge periods, especially in the early 1990s, quarter of the government s total expenditure was financed from external grants and loans. In the years later, though the economy has performing vigorously but the burdens seem unrelenting. Hence, this study analyzed these facts by assessing the impacts of external debt on investment using time series macroeconomic data for the period 1974/75-2008/09.
Publisher: LAP Lambert Academic Publishing
ISBN: 9783659119552
Category :
Languages : en
Pages : 140
Book Description
Ethiopia was among the first countries that applied for external loan from the then newly created IMF in the early post WWII periods. Before 1945, the country sought defense-related external assistances. In the post war periods, however, the need for external borrowings arises due to saving-investment gaps, export-import gaps and financing fiscal budget deficits. Nonetheless, the problem of debt burden is a post 1973/74 periods phenomenon. During the imperial period (pre-1973/74), the rate of growth exceeded the cost of borrowing; thus debt service obligations were honored without any strain. But the story went different during Derg Regime; the growth to debt correlation turned negative and reached the stage where the country cannot survive without it. During the post Derge periods, especially in the early 1990s, quarter of the government s total expenditure was financed from external grants and loans. In the years later, though the economy has performing vigorously but the burdens seem unrelenting. Hence, this study analyzed these facts by assessing the impacts of external debt on investment using time series macroeconomic data for the period 1974/75-2008/09.
Managing Ethiopia's External Debt
Author: Samuel Bekele
Publisher:
ISBN:
Category : Ethiopia
Languages : en
Pages : 66
Book Description
Publisher:
ISBN:
Category : Ethiopia
Languages : en
Pages : 66
Book Description
Growth and Foreign Debt
Author: Befekadu Degefe
Publisher:
ISBN:
Category : Debts, External
Languages : en
Pages : 66
Book Description
Publisher:
ISBN:
Category : Debts, External
Languages : en
Pages : 66
Book Description
Digest of Memoranda Presented by the Imperial Ethiopian Government to the Council of Foreign Ministers
Author: Ethiopia. YaWeċ gedāy ministér
Publisher:
ISBN:
Category : Ethiopia
Languages : en
Pages : 32
Book Description
Publisher:
ISBN:
Category : Ethiopia
Languages : en
Pages : 32
Book Description
Sovereign Debt Restructurings 1950-2010
Author: Mr.Udaibir S. Das
Publisher: International Monetary Fund
ISBN: 1475505531
Category : Business & Economics
Languages : en
Pages : 128
Book Description
This paper provides a comprehensive survey of pertinent issues on sovereign debt restructurings, based on a newly constructed database. This is the first complete dataset of sovereign restructuring cases, covering the six decades from 1950–2010; it includes 186 debt exchanges with foreign banks and bondholders, and 447 bilateral debt agreements with the Paris Club. We present new stylized facts on the outcome and process of debt restructurings, including on the size of haircuts, creditor participation, and legal aspects. In addition, the paper summarizes the relevant empirical literature, analyzes recent restructuring episodes, and discusses ongoing debates on crisis resolution mechanisms, credit default swaps, and the role of collective action clauses.
Publisher: International Monetary Fund
ISBN: 1475505531
Category : Business & Economics
Languages : en
Pages : 128
Book Description
This paper provides a comprehensive survey of pertinent issues on sovereign debt restructurings, based on a newly constructed database. This is the first complete dataset of sovereign restructuring cases, covering the six decades from 1950–2010; it includes 186 debt exchanges with foreign banks and bondholders, and 447 bilateral debt agreements with the Paris Club. We present new stylized facts on the outcome and process of debt restructurings, including on the size of haircuts, creditor participation, and legal aspects. In addition, the paper summarizes the relevant empirical literature, analyzes recent restructuring episodes, and discusses ongoing debates on crisis resolution mechanisms, credit default swaps, and the role of collective action clauses.
Quarterly Bulletin - National Bank of Ethiopia
Author: YaʾItyoṗyā beḥérāwi bānk
Publisher:
ISBN:
Category : Ethiopia
Languages : en
Pages : 492
Book Description
Publisher:
ISBN:
Category : Ethiopia
Languages : en
Pages : 492
Book Description
A Preliminary Bibliography on Ethiopian Economy
Development of Agriculture and Agro-industry in Ethiopia
Author: Clarence J. Miller
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 408
Book Description
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 408
Book Description
Survey of India's Export Potential to Twenty-six Selected Countries in the Indian Ocean Basin and Nearby Areas: Ethiopia
Author: National Council of Applied Economic Research
Publisher:
ISBN:
Category : Exports
Languages : en
Pages : 476
Book Description
Publisher:
ISBN:
Category : Exports
Languages : en
Pages : 476
Book Description