The Federal Democratic Republic of Ethiopia: Selected Issues

Publication Date:

July 31, 2008

Electronic Access:

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Summary:

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.

Series:

Country Report No. 2008/259

Subject:

English

Publication Date:

July 31, 2008

ISBN/ISSN:

9781451812817/1934-7685

Stock No:

1ETHEA2008001

Pages:

50

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