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From Conflict to Recovery in Africa$
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Tony Addison

Print publication date: 2003

Print ISBN-13: 9780199261031

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780199261031.001.0001

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Ethiopia’s New Financial Sector and its Regulation

Ethiopia’s New Financial Sector and its Regulation

(p.171) 11 Ethiopia’s New Financial Sector and its Regulation
From Conflict to Recovery in Africa

Tony Addison

Alemayehu Geda

Oxford University Press

This chapter focuses on the Ethiopia's financial development. It begins by discussing the main features of Ethiopia's financial development prior to 1991, focusing in particular on the policies of the Derg. It then analyses the economic transition and the financial reforms undertaken during 1991. The second-phase financial reforms and reform speed and sequencing are also discussed. The chapter concludes by discussing the relevance of different types of transition strategy, including that of China, to Ethiopia.

Keywords:   Ethiopia, financial development, Derg, economic transition, financial reforms, reform speed, sequencing, transition

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