Inflation Tax and Deficit Financing in Egypt

Inflation Tax and Deficit Financing in Egypt PDF Author: Hinh T. Dinh
Publisher: World Bank Publications
ISBN:
Category : Inflacion - Egipto
Languages : en
Pages : 34

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Inflation Tax and Deficit Financing in Egypt

Inflation Tax and Deficit Financing in Egypt PDF Author: Hinh T. Dinh
Publisher: World Bank Publications
ISBN:
Category : Inflacion - Egipto
Languages : en
Pages : 34

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Book Description


Money, Inflation, and Deficit in Egypt

Money, Inflation, and Deficit in Egypt PDF Author: Marcelo Giugale
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 54

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Money, Inflation, and Deficit in Egypt

Money, Inflation, and Deficit in Egypt PDF Author: Marcelo Giugale
Publisher: World Bank Publications
ISBN:
Category : Deficit - Egipto
Languages : en
Pages : 56

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Book Description
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.

Public Finance in Egypt

Public Finance in Egypt PDF Author: Sadiq Ahmed
Publisher:
ISBN: 9780821303597
Category : Finance, Public
Languages : en
Pages : 90

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 PDF Author:
Publisher: Kotobarabia.com
ISBN:
Category :
Languages : en
Pages : 522

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Inflation Inertia in Egypt and its Policy Implications

Inflation Inertia in Egypt and its Policy Implications PDF Author: Mr.Kenji Moriyama
Publisher: International Monetary Fund
ISBN: 1455297739
Category : Business & Economics
Languages : en
Pages : 27

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Book Description
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.

What Drives Prices in Egypt?

What Drives Prices in Egypt? PDF Author: Hanaa Kheir-El-Din
Publisher: American University in Cairo Press
ISBN: 1617973858
Category : Business & Economics
Languages : en
Pages : 232

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Book Description
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.

What Drives Prices in Egypt?

What Drives Prices in Egypt? PDF Author:
Publisher: Oxford University Press
ISBN: 9774163036
Category : Business & Economics
Languages : en
Pages : 263

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Book Description
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.

The Macroeconomics of Public Sector Deficits

The Macroeconomics of Public Sector Deficits PDF Author: Roumeen Islam
Publisher: World Bank Publications
ISBN:
Category : Budgetunderskud
Languages : en
Pages : 175

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The Liquidation of Government Debt

The Liquidation of Government Debt PDF Author: Ms.Carmen Reinhart
Publisher: International Monetary Fund
ISBN: 1498338380
Category : Business & Economics
Languages : en
Pages : 47

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Book Description
High public debt often produces the drama of default and restructuring. But debt is also reduced through financial repression, a tax on bondholders and savers via negative or belowmarket real interest rates. After WWII, capital controls and regulatory restrictions created a captive audience for government debt, limiting tax-base erosion. Financial repression is most successful in liquidating debt when accompanied by inflation. For the advanced economies, real interest rates were negative 1⁄2 of the time during 1945–1980. Average annual interest expense savings for a 12—country sample range from about 1 to 5 percent of GDP for the full 1945–1980 period. We suggest that, once again, financial repression may be part of the toolkit deployed to cope with the most recent surge in public debt in advanced economies.