The Egyptian Stabilization Experience - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Egyptian Stabilization Experience write by Mr.Arvind Subramanian. This book was released on 1997-09-01. The Egyptian Stabilization Experience available in PDF, EPUB and Kindle. This paper analyzes the successful Egyptian stabilization experience during the 1990s, focusing on its distinctive features and contrasting them with the recent experiences of other developing countries. The key policy elements were a large fiscal adjustment, use of an exchange rate anchor that has endured for over six years, supported by prudent monetary policies, and early moves to liberalize interest and exchange markets. The outcomes included the avoidance of an output collapse despite the magnitude of fiscal adjustment; avoidance of stresses on the financial system; reversal of endemic dollarization; financial deepening at the expense of the banking system; and maintenance of external viability despite a lackluster export performance.
The Egyptian stabilization experience
The Egyptian stabilization experience - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Egyptian stabilization experience write by Arvind Handy. This book was released on 1997. The Egyptian stabilization experience available in PDF, EPUB and Kindle.
Stabilization and Adjustment in Egypt
Stabilization and Adjustment in Egypt - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Stabilization and Adjustment in Egypt write by Gouda Abdel-Khalek. This book was released on 2001-01-01. Stabilization and Adjustment in Egypt available in PDF, EPUB and Kindle. 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.
A Note on the Stabilization of the of Egypt
A Note on the Stabilization of the of Egypt - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook A Note on the Stabilization of the of Egypt write by Egypt. Wizārat al-Zirāʻah. This book was released on 1948. A Note on the Stabilization of the of Egypt available in PDF, EPUB and Kindle.
Estimating Egypt’s Equilibrium Real Exchange Rate
Estimating Egypt’s Equilibrium Real Exchange Rate - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Estimating Egypt’s Equilibrium Real Exchange Rate write by Mr.Joannes Mongardini. This book was released on 1998-01-01. Estimating Egypt’s Equilibrium Real Exchange Rate available in PDF, EPUB and Kindle. In light of the real appreciation of the Egyptian pound over the last six years and Egypt’s lackluster export growth, questions of external competitiveness and exchange rate policy have arisen. This paper sheds light on these issues by estimating empirically Egypt’s equilibrium real exchange rate, that is, the rate that is consistent with fundamentals. The results show that, while the real exchange rate was substantially overvalued before 1993, today it is only moderately above the equilibrium rate. Moreover, the analysis shows that the recent appreciation of the pound does not indicate a worsening misalignment.
