Assessment of the Performance of Ethiopian Financial and Economic Environment

Abebaw Kassie

Assessment of the Performance of Ethiopian Financial and Economic Environment

Abebaw Kassie * §

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§ University of Gondar

Assessment of the Performance of Ethiopian Financial and Economic Environment

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Abstract

The financial system plays a pivotal role in economic activities in any country. Thus it is vital to determine the status and assess the financial health of the financial system and take corrective policy measures continuously. The objecitve of the paper is to evaluate the status of financial and banking system in Ethiopia. Descriptive statistical tools like percentages, growth rates, mean values and comparisons using ANOVA and Kruskal-Wallis tests have been used. Ethiopian financial sector in general and the Banking Sector in particular is performing well from year to year in terms of assets, deposits, loans and equities owned in the study period. Financial intermediation has increased during the study period as measured by Total Financial Assets to GDP, Financial System Deposits to GDP, Loans to GDP and Loans to Deposits. Ethiopia can be characterized as a least developed economy registering highest rate of economic growth. The financial sector is not that much developed in Ethiopia. Hence, the financial system needs to be developed to support the economy well.

References

8 Cites in Article

Reference Format

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

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Not applicable for this article.

How to Cite This Article

Abebaw Kassie. 2014. "Assessment of the Performance of Ethiopian Financial and Economic Environment". Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 14 (GJMBR Volume 14 Issue C2).

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GJMBR Volume 14 Issue C2

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords

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Classification

GJMBR-C Classification JEL Code: G00

Submission ReceivedDecember 12, 2013
Peer Review Double Blind
Handling Editor
Accepted January 3, 2014
Published January 15, 2014

Version of record

v1.2

Issue date

June 4, 2014

Language

English

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Article Matrices

Total Score: 71

Country: Ethiopia

Subject: Global Journal of Management and Business Research - C: Finance

Authors: Abebaw Kassie (PhD/Dr. count: 0)

View Count (all-time): 395

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Publish Date: 2014 01, Wed

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Total Views: 1.6K

Total Downloads: 122

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