Download or read book The Egyptian Stabilization Experience written by Mr.Arvind Subramanian and published by International Monetary Fund. This book was released on 1997-09-01 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Egyptian stabilization experience written by Arvind Handy and published by . This book was released on 1997 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Stabilization and Adjustment in Egypt written by Gouda Abdel-Khalek and published by Edward Elgar Publishing. This book was released on 2001-01-01 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book A Note on the Stabilization of the of Egypt written by Egypt. Wizārat al-Zirāʻah and published by . This book was released on 1948 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Estimating Egypt s Equilibrium Real Exchange Rate written by Mr.Joannes Mongardini and published by International Monetary Fund. This book was released on 1998-01-01 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Research Activities of the IMF January 1991 December 1999 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2000-01-01 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research activity in the IMF emphasizes the links between the organization's policy and operational concerns. The main objectives of research is IMF staff understanding of policy and operational issues relevant to the institution, and to improve the analytical quality of the work prepared for management and the Executive Board and the advice provided to member countries. The scope of research in the IMF is defined by the purposes and functions of the institution. In order to foster innovation and ensure quality control, the IMF makes much of its research available outside the institution and encourages staff to interact with academia and other research organizations through conferences, seminars, and occasional joint research projects. The visiting scholar’s program has also enhanced the quality of research done in the IMF. This program brings in leading members of the economics profession from around the world to assist in the preparation of papers for the Executive Board and to conduct research on IMF-related issues.
Download or read book Aid and Power in the Arab World written by J. Harrigan and published by Springer. This book was released on 2009-02-25 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at the provision of finance in the Middle East and North Africa (MENA) by the IMF and World Bank in return for economic liberalization, exploring the political motivations of funding and geo-politics in recipients. The effectiveness of funding is questioned, with evidence from four MENA countries.
Download or read book Rule of Experts written by Timothy Mitchell and published by Univ of California Press. This book was released on 2002-11-18 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can one explain the power of global capitalism without attributing to capital a logic and coherence it does not have? Can one account for the powers of techno-science in terms that do not merely reproduce its own understanding of the world? Rule of Experts examines these questions through a series of interrelated essays focused on Egypt in the twentieth century. These explore the way malaria, sugar cane, war, and nationalism interacted to produce the techno-politics of the modern Egyptian state; the forms of debt, discipline, and violence that founded the institution of private property; the methods of measurement, circulation, and exchange that produced the novel idea of a national "economy," yet made its accurate representation impossible; the stereotypes and plagiarisms that created the scholarly image of the Egyptian peasant; and the interaction of social logics, horticultural imperatives, powers of desire, and political forces that turned programs of economic reform in unanticipated directions. Mitchell is a widely known political theorist and one of the most innovative writers on the Middle East. He provides a rich examination of the forms of reason, power, and expertise that characterize contemporary politics. Together, these intellectually provocative essays will challenge a broad spectrum of readers to think harder, more critically, and more politically about history, power, and theory.
Download or read book Building Bridges written by Ahmed Galal and published by Brookings Institution Press. This book was released on 2001-06-07 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: In April 1997, Egyptian President Mubarak and U.S. Vice President Gore agreed to explore the possibility of creating a Free Trade Agreement (FTA) between Egypt and the United States. The very idea of such an agreement has been met by controversy and skepticism from critics in both countries. The authors of this book, however, believe that the case for considering an FTA between the U.S. and Egypt rests on solid economic and political grounds. An agreement could help promote Egyptian economic reform and growth, while providing substantial economic benefits to the U.S. Politically, it could strengthen American ties with an ally who plays a crucial role in helping to achieve peace in the region and in maintaining a stable supply of oil in the Middle East. This book offers U.S. and Egyptian policymakers answers to such pertinent questions as: What form should an FTA agreement take? Should it concentrate on border barriers or cover other aspects such as investments and services? What are the likely implications for both countries? And how will such an agreement affect the rest of the region? Its conclusions will be relevant to policymakers elsewhere in their pursuit of similar regional trade agreements. Copublished with the Egyptian Center for Economic Studies
Download or read book The Journey to Tahrir written by Jeannie Sowers and published by Verso Books. This book was released on 2012-06-05 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The toppling of Hosni Mubarak marked the beginning of a revolutionary restructuring of Egypt’s political and social order. Jeannie Sowers and Chris Toensing bring together updated essays from Middle East Report—the premier journal covering the region—that offer unrivaled analysis of the major social and political trends that underpinned these tumultuous events. Starting with the momentous eighteen days of street protest that compelled Mubarak’s resignation, the volume moves back in time to plumb the state’s strategies of repression and examine the mounting dissent of workers, democracy advocates, anti-war activists, and social and environmental campaigners. Leading analysts of Egypt detail the demographic and economic trends that produced wealth for the few and impoverishment for the many. The collection brings clear-headed, first-hand understanding to bear on a moment of intense hope and uncertainty in the Arab world’s most populous nation.
Download or read book Trade Policy Developments in the Middle East and North Africa written by Bernard M. Hoekman and published by World Bank Publications. This book was released on 2000-01-01 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: "While very diverse in many respects, the Middle East and North Africa (MENA) countries nevertheless also share some common characteristics, including a number of important shared challenges for policymakers."The Middle East and North Africa region has great potential for economic growth and prosperity in the 21st century. Yet, this potential will not be realized unless governments and private sector leaders in the region forge partnerships for development. An indispensable resource for all those working within the international development community, especially within the Middle East and North Africa region, Trade Policy Developments in the Middle East and North Africa offers policy and institutional alternatives to help both parties achieve that goal.This volume describes and analyzes recent trade policy developments in the Middle East and North Africa. Contributorsalmost all economists from the regionreview recent trends in trade performance, assess current trade and investment regimes, and discuss some of the emerging microeconomic policy challenges that confront governments and firms seeking to export and trade. Topics addressed include the need and scope for using regional integration and economic free zones as a tool of development, mobilization of non-trade tax bases, efficient enforcement of product standards to ensure health and safety of citizens, and implementation of modern information technologies to facilitate customs clearance.This book is the second in a series from the Mediterranean Development Forum, a partnership of 10 Middle East and North Africa Region think tanks and the World Bank Institute. This volume will be of interest to development specialists, policymakers, and investors.
Download or read book The Economics of Adjustment and Growth written by Pierre-Richard Agénor and published by La Editorial, UPR. This book was released on 2004-09-30 with total page 794 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a systematic and coherent framework for understanding the interactions between the micro and macro dimensions of economic adjustment policies; that is, it explores short-run macroeconomic management and structural adjustment policies aimed at promoting economic growth. It emphasizes the importance of structural microeconomic characteristics in the transmission of policy shocks and the response of the economy to adjustment policies. It has particular relevance to the economics of developing countries. The book is directed to economists interested in an overview of the economics of reform; economists in international organizations, such as the UN, the IMF, and the World Bank, dealing with development; and economists in developing countries. It is also a text for advanced undergraduate students pursuing a degree in economic policy and management and students in political science and public policy.
Download or read book Revisiting Gramsci s Notebooks written by and published by BRILL. This book was released on 2019-11-26 with total page 543 pages. Available in PDF, EPUB and Kindle. Book excerpt: Revisiting Gramsci’s Notebooks offers a rich collection of studies addressing the thought of Antonio Gramsci, one of the most significant intellects of the twentieth century, from a global network of scholars confronting the actuality of our ‘great and terrible’ world.
Download or read book Cairo Contested written by Diane Singerman and published by American University in Cairo Press. This book was released on 2011-10-01 with total page 631 pages. Available in PDF, EPUB and Kindle. Book excerpt: This cross-disciplinary, ethnographic, contextualized, and empirical volume explores the meaning and significance of urban space, and maps the spatial inscription of power on the mega-city of Cairo. Suspicious of collective life and averse to power-sharing, Egyptian governance structures weaken but do not stop the public's role in the remaking of their city. What happens to a city where neo-liberalism has scaled back public services and encouraged the privatization of public goods, while the vast majority cannot afford the effects of such policies? Who wins and loses in the "march to the modern and the global" as the government transforms urban spaces and markets in the name of growth, security, tourism, and modernity? How do Cairenes struggle with an ambiguous and vulnerable legal and bureaucratic environment when legality is a privilege affordable only to the few or the connected? This companion volume to Cairo Cosmopolitan (AUC Press, 2006) further develops the central insights of the Cairo School of Urban Studies.
Download or read book Networks of Privilege in the Middle East The Politics of Economic Reform Revisited written by S. Heydemann and published by Springer. This book was released on 2004-08-20 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume explores the role of informal networks in the politics of Middle Eastern economic reform. The editor's introduction demonstrates how network-based models overcome limitations in existing approaches to the politics of economic reform. The following chapters show how business-state networks in Egypt, Morocco, Tunisia, Syria, Lebanon, and Jordan have affected privatization programs and the reform of fiscal policies. They help us understand patterns and variation in the organization and outcome of economic reform programs, including the opportunities that economic reforms offered for reorganizing networks of economic privilege across the Middle East.
Download or read book Partners for Development written by Samiha Fawzy and published by World Bank Publications. This book was released on 1999-01-01 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: ¿¿the world is changing and so should the region. After decades of state domination of economic activity, many governments around the world are relying increasingly on the private sector to foster economic growth.¿ There is a growing consensus that the time has come for governments and private sector leaders of the Middle East and North Africa to forge a new partnership for development. However, the question is: what kind of partnership should the two parties seek in order to ensure sustainable economic development? This volume attempts to address this question. To make the investigation tractable, the papers deal with four key facets of the government-private sector interface: the business environment, privatization, infrastructure, and two activities that induce transaction costs, tax administration and government procurement. The volume derives its content from papers on the theme of public-private partnerships discussed at the second Mediterranean Development Forum (MDF2) held in Marrackech, Morocco on September 3-6, 1998. The papers presented here are intended to contribute to the ongoing debate on the development opportunities and challenges facing the countries in the Middle East and North Africa.
Download or read book State Labor and the Transition to a Market Economy written by Agnieszka Paczyńska and published by Penn State Press. This book was released on 2015-06-19 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: In response to mounting debt crises and macroeconomic instability in the 1980s, many countries in the developing world adopted neoliberal policies promoting the unfettered play of market forces and deregulation of the economy and attempted large-scale structural adjustment, including the privatization of public-sector industries. How much influence did various societal groups have on this transition to a market economy, and what explains the variances in interest-group influence across countries? In this book, Agnieszka Paczyńska explores these questions by studying the role of organized labor in the transition process in four countries in different regions—the Czech Republic and Poland in eastern Europe, Egypt in the Middle East, and Mexico in Latin America. In Egypt and Poland, she shows, labor had substantial influence on the process, whereas in the Czech Republic and Mexico it did not. Her explanation highlights the complex relationship between institutional structures and the “critical junctures” provided by economic crises, revealing that the ability of groups like organized labor to wield influence on reform efforts depends to a great extent on not only their current resources (such as financial autonomy and legal prerogatives) but also the historical legacies of their past ties to the state. This new edition features an epilogue that analyzes the role of organized labor uprisings in 2011, the protests in Egypt, the overthrow of Mubarak, and the post-Mubarak regime.
