Contextualizing Ethiopia’s Recent Economic Performance
IMF News, July 18, 2019
Source details
- Canonical URL
- Contextualizing Ethiopia’s Recent Economic Performance
Other formats
Bibliographic details
- Published: July 18, 2019
Event and speaker
- Keynote Address by Abebe Aemro Selassie, Director, Africa Department, IMF at the 17th International Conference on the Ethiopian Economy Ethiopian Economics Association, Addis Ababa, Ethiopia
- Date: July 18, 2019
- Media relations: PRESS OFFICER: Meera Louis
- Phone: +1 202 623-7100
- Email: MEDIA@IMF.org
- IMF Communications Department
- @IMFSpokesperson
Introduction and caveats
- The speaker states two caveats:
- These are his views and not those of the International Monetary Fund (IMF) nor its Executive Board.
- It has been some 25 years since he last lived in Ethiopia.
- Opening greeting: "Good morning."
- The speaker acknowledges the audience as "this august assembly of our country’s celebrated economists" and asks for indulgence for "the hubris that this entails" before proceeding.
Broad consensus on Ethiopia’s recent performance ("Known knowns")
- Two points on which there is broad agreement:
- "Over the last 25 years, Ethiopia has made incredibly important development progress, underpinned by rapid economic growth."
- "Of late however significant macroeconomic imbalances have emerged."
Purpose of the address
- The speaker’s aim is threefold:
- "To put this progress into an international perspective. This comparative perspective is in many ways what the IMF is good at."
- "Second, to consider the factors that have contributed to this success;"
- "Finally, I will turn my thoughts on how the challenges that have emerged might be addressed."
Additional note
- The page includes the prompt: "Read more."
Content in this bundle
- ethiopia-growth-performance-july-2019