Egypt: Beyond Stabilization. Toward a Dynamic Market Economy

Howard Handy

No 1998/008, IMF Occasional Papers from International Monetary Fund

Abstract: Determined macroeconomic policy, combined with favorable external developments, has reduced inflation, improved public finances, led to a stable currency, and helped strengthen the banking system in Egypt. Nonetheless, the task of delivering sustained growth of output and employment is incomplete. This paper is a collection of studies focusing on economic developments in Egypt in the 1990s, a period of transformation toward a dynamic market economy.

Keywords: OP; exchange rate; rate; enterprise; investment rate; Egyptian pound; poverty alleviation policy; interest rate liberalization; privatization program; investment financing; equilibrium exchange rate model; community development development program; Commercial banks; Public sector; Real exchange rates; Privatization; Capital inflows; Middle East; North Africa; Global; South Asia; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 95
Date: 1998-05-01
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Citations: View citations in EconPapers (8)

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