Ethiopia Insight posted on 11 December 2018 a commentary titled "It's Back to the Future as IMF Spots Opening" by Getachew T. Alemu, public policy consultant.
The IMF recently released its annual report on the Ethiopian economy. The author argues that while Ethiopia must make changes in its economic policy the IMF's suggested path appears to risk severe market shocks, widening inequality, and a reduced prospect of structural transformation.
Showing posts with label foreign exchange. Show all posts
Showing posts with label foreign exchange. Show all posts
Tuesday, December 11, 2018
Monday, March 26, 2018
Chinese Companies and Individuals Externalize Money from Zimbabwe
Zimbabwe's Times Live ran a story on 19 March 2018 titled "Who is Zimbabwe's Biggest Looter? Mnangagwa Names Names" by James Thompson. The report says President Emmerson Mnangagwa identified Chinese mining and retail companies as dominating the list of "externalization" of foreign currency, i.e. moving money that is not the legal tender of the country outside Zimbabwe.
In a follow-up article titled "China Rejects Mnangagwa's 'Looters List'" by James Thompson on 21 March 2018, Times Live reported that the Chinese embassy in Zimbabwe said the list is not accurate. The article put the amount of money moved by Chinese nationals out of the country at $363 million.
In a follow-up article titled "China Rejects Mnangagwa's 'Looters List'" by James Thompson on 21 March 2018, Times Live reported that the Chinese embassy in Zimbabwe said the list is not accurate. The article put the amount of money moved by Chinese nationals out of the country at $363 million.
Labels:
banking,
China,
currency,
debt,
Emmerson Mnangagwa,
foreign exchange,
looting,
mining,
Zimbabwe
Friday, January 26, 2018
Ethiopia: Learning from China
A team at Fudan University's School of International Relations and Public Affairs in Shanghai published in November 2017 a study titled "Development and Industrialization in Ethiopia: Reflections from China's Experience" led by Yu Zheng and Shiping Tang.
The report offers suggestions for Ethiopian industrial policy and development based on lessons from China and other "Asian miracle countries" and on fieldwork in Ethiopia and China.
The report offers suggestions for Ethiopian industrial policy and development based on lessons from China and other "Asian miracle countries" and on fieldwork in Ethiopia and China.
Labels:
aid,
China,
development,
Ethiopia,
foreign exchange,
industrialization,
land management,
SEZs,
trade
Monday, August 31, 2015
Five Ways China's Economic Crisis Will Affect Africa
The BBC published on 27 August 2015 an article titled "Five Ways China's Economic Crisis Will Affect Africa." It looks at the impact on African currency values, trade, investment, tourism, and loans.
Labels:
Africa,
China,
commodities,
currency,
economy,
foreign exchange,
investment,
loans,
South Africa,
tourism,
trade
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