Macroeconomic and Exchange Rate Policies in Egypt

Macroeconomic and Exchange Rate Policies in Egypt
Author: Bachir Raymond Rahal
Publisher:
Total Pages: 108
Release: 2004
Genre:
ISBN:

This project presents a general overview of the Egyptian economy during the 1990s, to understand the importance of the coordination between Monetary and Fis cal policies prior to the floatation of the Egyptian pound in January 2003. It then discusses the floatation itself and how will its impact be on the Egyptian economy. Finally, this project examines whether Monetary Policy can play an effective role in Egypt after the drastic change in the exchange rate regime.

Stabilization and Adjustment in Egypt

Stabilization and Adjustment in Egypt
Author: Gouda Abdel-Khalek
Publisher: Edward Elgar Publishing
Total Pages: 220
Release: 2001-01-01
Genre: Political Science
ISBN: 9781781009567

This book studies the impact of Egypt's Economic Reform and Structural Adjustment Programme (ERSAP), the effects of which have been of great interest to the international community. Organizations such as the World Bank and the IMF uphold the programme as a success story and example for other countries to follow. ERSAP also has its critics, however, who resent its tendency to downsize government and fear possible negative effects on growth and development. The author discusses these concerns along with those regarding the possible negative social effects of ERSAP.

The Political Economy of Reforms in Egypt

The Political Economy of Reforms in Egypt
Author: Khalid Ikram
Publisher: Oxford University Press
Total Pages: 449
Release: 2018
Genre: Business & Economics
ISBN: 9774167945

Drawing on Khalid Ikram's extensive knowledge of economic policymaking at the highest levels, The Political Economy of Reforms in Egypt lays out the enduring features of the Egyptian economy and its performance since 1952 before presenting an account of policy-making, growth and structural change under the country's successive presidents to the present day.

Arab Republic of Egypt

Arab Republic of Egypt
Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
Total Pages: 51
Release: 2018-01-22
Genre: Business & Economics
ISBN: 1484338189

This paper analyzes that past growth was characterized by a suboptimal allocation of the factors of production and a lack of dynamism in the private sector. By identifying the main constraints to private sector-led growth and higher employment generation, it suggests policies to further shift Egypt’s economic model toward increased private sector participation and integration into global value chains. To this end, reforms should aim at removing the distortions to the optimal allocation of resources in the economy and equip the labor force with the skills needed to benefit fully from future job opportunities. These reforms would also help better integrate women and youth into the job market. The authorities have embarked on a reform program to address these challenges and important steps have already been taken. Improved macrostability and a strong political commitment to reforms present an opportunity to further structural reforms that intensify private sector-led growth and job creation and strengthen trade integration.

The Egyptian Economy

The Egyptian Economy
Author: Hanāʼ Khayr al-Dīn
Publisher: American Univ in Cairo Press
Total Pages: 356
Release: 2008
Genre: Business & Economics
ISBN: 9789774161544

This volume aims to evaluate the impact of recent reform policies and highlight priority areas for further reform at the macroeconomic and institutional levels. Topics addressed include growth, distribution, and poverty reduction, unemployment and job creation, and the new pension system.

The Egyptian Economy in the Twenty-first Century

The Egyptian Economy in the Twenty-first Century
Author: Khalid Ikram
Publisher: American University in Cairo Press
Total Pages: 354
Release: 2022-11-29
Genre: History
ISBN: 1649033001

A multi-faceted account of Egyptian economic development by nineteen internationally recognized authorities and the critical challenges the economy is likely to face in the next twenty years The Egyptian Economy in the Twenty-first Century addresses the question of why Egypt, despite possessing a plethora of assets—such as a fertile agriculture, a strategic geographic location, oil and gas deposits, innumerable tourist sites, a labor force prized by regional countries, and a diaspora that remits large amounts of funds—has seldom performed to its economic potential during the last sixty years. Indeed, economic weakness created political weakness, and often exposed the country to foreign diktats. What should the country do to change this state of affairs? Nineteen internationally recognized authorities on the Egyptian economy discuss the critical challenges that the Egyptian economy is likely to face in the next two to three decades, challenges which must be overcome in order to improve the life of Egypt’s citizens and to protect the country from external pressures. Their analyses cover population and employment; development strategies; principal macroeconomic issues; development of a digital economy; fiscal and monetary matters; the external sector; poverty and income distribution; the enterprise structure; higher education; water availability; urbanization; institutional performance; and many others. Contributors: - Gouda Abdel Khalek, Cairo University, Cairo, Egypt - Khaled M. Abu-Zeid, Regional Water Resources, CEDARE (Center for Environment and Development for the Arab Region and Europe), Cairo, Egypt. - Fatma El Ashmawy, World Bank. - Ragui Assaad, University of Minnesota, Twin Cities of Minneapolis and Saint Paul, Minnesota, USA - Izak Atiyas, Economic Research Forum, Cairo, Egypt. - Marwa Biltagy, Cairo University, Cairo, Egypt. - Lahcen Bounader, International Monetary Fund. - Ishac Diwan, École Normale Supérieure, Paris, France. - Ahmed Ghoneim, Cairo University, Cairo, Egypt. - Khalid Ikram, Washington DC, USA. - Karima Korayem, al-Azhar University, Cairo, Egypt. - Heba el-Laithy, Cairo University, Cairo, Egypt. - Noha el-Mikawy, Ford Foundation, Middle East and North Africa, Cairo, Egypt. - Mohamed Mohieddin, Menoufia University, Menoufia, Egypt. - Heba Nassar, Cairo University, Cairo, Egypt. - Osman Mohamed Osman, Cairo, Egypt. - Noha Razek, University of Regina, Regina, Saskatchewan, Canada. - David Sims, Cairo, Egypt. - John Waterbury, Princeton, New Jersey.

Political Economy of Economic Growth: A Cross Comparison of Egypt and Turkey

Political Economy of Economic Growth: A Cross Comparison of Egypt and Turkey
Author: Deena Saleh
Publisher: GRIN Verlag
Total Pages: 53
Release: 2014-12-17
Genre: Business & Economics
ISBN: 3656862834

Seminar paper from the year 2014 in the subject Economics - Macro-economics, general, grade: A3, Hacettepe University (Department of Economics), course: International Political Economy, language: English, abstract: Growth economics is the branch of economics answering questions related to what are determinants of economic growth; whether is it possible to reach a maintainable growth rate on the long run, if it is preferable to let governments interfere in market performance in order to fasten rates of economic growth. Harrod and Domar attempted to answer these questions through applying Keynes economics for economic analysis. They found that savings and investments stable rates are the key for rapid long term growth especially in developing countries. Therefore, government intervention was needed to help stimulate savings and investments. Years later, Solow and Swan attempted to answer same questions through their neoclassical growth model. In this model, it was assumed that a maintained rising saving rates leads to transition from slow growth into fast growth path. This meant a focus on technological progress. However, part of the growth was not explained by growth in production factors which are capital and labor. Solow stated that this unexplained factor was the residual or total factor productivity. Therefore, government policies were assumed to be effective on aggregate output not on growth rates.

The Egyptian Economy

The Egyptian Economy
Author: Hanaa Kheir-El-Din
Publisher: American University in Cairo Press
Total Pages: 447
Release: 2008-02-01
Genre: Business & Economics
ISBN: 1617975257

The Egyptian economy has undergone several reforms since the early 1990s. However, it was not until recently that the reform process picked up speed and intensity. Key initiatives included shifting to a flexible exchange rate regime, liberalizing trade, revising and reducing the tariff structure, and improving the income tax system. Plans are underway to restructure the financial sector and privatize most state-owned enterprises. This volume aims to evaluate the impact of recent reform policies and highlight priority areas for further reform at the macroeconomic and institutional levels. Topics addressed include growth, distribution, and poverty reduction; monetary policy and the impact of exchange rate liberalization; unemployment and job creation; and the new pension system. The objective is to contribute to ongoing efforts to stimulate growth and employment, ensure fiscal sustainability, improve the external sector, and address issues related to poverty and income distribution. The volume focuses on the health and energy sectors in Egypt, with the aim of assessing each sector in three areas: financing, organization, and policy management, in order to suggest ideas for reform in light of international experience. Contributors: Ragui Assaad, Omneia Helmy, Abdallah Shehata Khattab, Hanaa Kheir-El-Din, Aart Kraay, Heba El-Laithy, Nihal El-Megharbel, Mai El Mossallamy, Tarek Abdelfattah Moursi, Sarah El Nashar, Tarek Selim, Enas Zakareya.

The Political Economy of Income Distribution in Egypt

The Political Economy of Income Distribution in Egypt
Author: Jūdah ʻAbd al-Khāliq
Publisher: Holmes & Meier Publishers
Total Pages: 544
Release: 1982
Genre: Business & Economics
ISBN:

This book is the third volume of a series of case studies in income distribution undertaken in Turkey, Nigeria, Egypt, and Mexico. This volume is a collaborative effort of American and Egyptian scholars. Egyptians from Cairo University, American University, and al-Azhar University and individuals from the Institute of National Planning in Cairo participated in this project.