What Drives Prices In Egypt
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Author | : |
Publisher | : Oxford University Press |
Total Pages | : 263 |
Release | : 2009 |
Genre | : Business & Economics |
ISBN | : 9774163036 |
Since 2004, economic reforms in Egypt have led to robust expansion, a healthy external position, and enhanced investor confidence. But despite these positive macroeconomic developments, inflation has been steadily rising. Does fiscal policy threaten price stability? Does wage growth in the Egyptian economy lead price inflation, or is it the reverse? In this volume, these and other questions are examined by contributors who participated in a conference held in Cairo in late 2007. Here is a coherent and comprehensive analysis of the factors driving prices in Egypt, in an attempt to find a satisfactory balance between prices and economic growth. While Egypt is the focus of the analysis, the papers draw upon the relevant literature, and international experience, the findings can be applied to other middle-income economies. This timely study helps to explain the complex issues facing economists and policymakers, with proposals for reform. Contributors: Hala Abou-Ali, Hala Fares, Omneia A. Helmy, Alaa Ibrahim, Hanaa Kheir-El-Din, Rania Al-Mashat, Diaa Noureldin, Klaus Schmidt-Hebbel, and Sherine Al-Shawarby.
Author | : Hanaa Kheir-El-Din |
Publisher | : American University in Cairo Press |
Total Pages | : 232 |
Release | : 2009-10-01 |
Genre | : Business & Economics |
ISBN | : 1617973858 |
Since 2004, economic reforms in Egypt have led to robust expansion, a healthy external position, and enhanced investor confidence. But despite these positive macroeconomic developments, inflation has been steadily rising. Does fiscal policy threaten price stability? Does wage growth in the Egyptian economy lead price inflation, or is it the reverse? In this volume, these and other questions are examined by contributors who participated in a conference held in Cairo in late 2007. Here is a coherent and comprehensive analysis of the factors driving prices in Egypt, in an attempt to find a satisfactory balance between prices and economic growth. While Egypt is the focus of the analysis, the papers draw upon the relevant literature, and international experience, the findings can be applied to other middle-income economies. This timely study helps to explain the complex issues facing economists and policymakers, with proposals for reform. Contributors: Hala Abou-Ali, Hala Fares, Omneia A. Helmy, Alaa Ibrahim, Hanaa Kheir-El-Din, Rania Al-Mashat, Diaa Noureldin, Klaus Schmidt-Hebbel, and Sherine Al-Shawarby.
Author | : Breisinger, Clemens |
Publisher | : Intl Food Policy Res Inst |
Total Pages | : 11 |
Release | : 2020-11-24 |
Genre | : Political Science |
ISBN | : |
Although the global economy is forecasted to shrink by 4.4 percent in 2020 (IMF 2020), the Egyptian economy is proving resilient to the immense human and financial costs caused by the global COVID-19 pandemic. This resilience is mainly explained by the successful implementation of the economic reform program since 2016 that provided more fiscal space to withstand the adverse impact of the COVID-19 crisis. However, that Egypt’s economy is holding up is also due to the rapid response and proactive measures to limit the impact of the virus that were implemented by the Egyptian Government since March 2020 (MPED 2020). These enabled the country to avoid a full lockdown policy (Figure 1). While Egypt posted negative economic growth rates from April to June 2020 at the height of the crisis, overall economic growth was still positive at 3.6 percent for fiscal year (FY) 2019/20. This estimate is only slightly lower than the initial projection of the impact of the pandemic on Egypt’s economy of an annual economic growth equal to 3.8 percent, as estimated by staff of the International Food Policy Research Institute (IFPRI) and the Ministry of Planning and Economic Development (MPED) (Breisinger et al. 2020). The deviation between the early and final estimate can be mainly explained by the lower than expected growth rates in the manufacturing and health services sectors and the better than expected performance of the trade and transport sectors.
Author | : James Ireland Craig |
Publisher | : |
Total Pages | : 0 |
Release | : 1944 |
Genre | : Money |
ISBN | : |
Author | : Jean-Jacques Dethier |
Publisher | : |
Total Pages | : 344 |
Release | : 1985 |
Genre | : Agricultural price supports |
ISBN | : |
Author | : Bent Hansen |
Publisher | : |
Total Pages | : 109 |
Release | : 1989 |
Genre | : Egypt |
ISBN | : |
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.
Author | : Herbert Fromme |
Publisher | : |
Total Pages | : |
Release | : 1991 |
Genre | : |
ISBN | : |
Author | : Arthur Goldschmidt Jr. |
Publisher | : Rowman & Littlefield |
Total Pages | : 589 |
Release | : 2023-07-25 |
Genre | : History |
ISBN | : 1538157365 |
Historical Dictionary of Egypt, Fifth Edition contains a chronology, an introduction, and an extensive bibliography. The dictionary section has more than 600 cross-referenced entries on important personalities as well as aspects of the country’s politics, economy, foreign relations, religion, and culture.
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.