Inflation Tax and Deficit Financing in Egypt
Author | : Hinh T. Dinh |
Publisher | : World Bank Publications |
Total Pages | : 34 |
Release | : 1991 |
Genre | : Inflacion - Egipto |
ISBN | : |
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Author | : Hinh T. Dinh |
Publisher | : World Bank Publications |
Total Pages | : 34 |
Release | : 1991 |
Genre | : Inflacion - Egipto |
ISBN | : |
Author | : Marcelo Giugale |
Publisher | : World Bank Publications |
Total Pages | : 54 |
Release | : |
Genre | : |
ISBN | : |
Author | : Marcelo Giugale |
Publisher | : World Bank Publications |
Total Pages | : 56 |
Release | : 1990 |
Genre | : Deficit - Egipto |
ISBN | : |
Despite huge public sector deficits, Egypt has escaped high inflation by depleting three nonrecoverable assets: creditworthiness, money illusion, and enforceable foreign- exchange controls. Without a tough reform program, the country will soon be in a serious crisis.
Author | : Sadiq Ahmed |
Publisher | : |
Total Pages | : 90 |
Release | : 1984 |
Genre | : Finance, Public |
ISBN | : 9780821303597 |
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 | : |
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 | : Roumeen Islam |
Publisher | : World Bank Publications |
Total Pages | : 175 |
Release | : 1991 |
Genre | : Budgetunderskud |
ISBN | : |
Author | : Mr.Kenji Moriyama |
Publisher | : International Monetary Fund |
Total Pages | : 27 |
Release | : 2011-07-01 |
Genre | : Business & Economics |
ISBN | : 1455297739 |
This paper investigates the degree of inflation inertia in Egypt and its determinants using the cross country data consisting of over 100 countries. Medium-unbiased estimator of inflation inertia in Egypt is high compared to other countries, as indicated by its location around the upper quartile among the sample. The cross country analysis indicates that counter-cyclical macroeconomic policy and fiscal consolidation are a key to reduce inflation inertia and the costs of disinflation.