Egypt Relative to the COMESA’s Member States: Do Fiscal Policy Rules Matter?

Mona Kamal

MPRA Paper from University Library of Munich, Germany

Abstract: This paper compares Egypt’s most essential macroeconomic indicators with respect to its sisters in the COMESA region. Based on this descriptive analysis, the paper supports mutual coordination between fiscal and monetary policies as a way to enhance the effectiveness of both policies. It suggests the utilization of rule-based fiscal policies rather than discretionary ones to attain social welfare for the whole region. Finally, it recommends the establishment of a supranational coordinating body for fiscal policies within a time frame of 3 to 5 years.

Keywords: Policy Objectives; Policy Designs and Consistency; Policy Coordination; Fiscal Policy; Comparative Analysis of Fiscal and Monetary Policy (search for similar items in EconPapers)
JEL-codes: E61 E62 E63 (search for similar items in EconPapers)
Date: 2015-10-06
New Economics Papers: this item is included in nep-ara and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/67101/1/MPRA_paper_67101.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:67101

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().