The Coordination of Monetary and Fiscal Policies in Egypt
Author : Faika Refaie
Publisher :
Page : 76 pages
File Size : 11,24 MB
Release : 2001
Category : Fiscal policy
ISBN :
Author : Faika Refaie
Publisher :
Page : 76 pages
File Size : 11,24 MB
Release : 2001
Category : Fiscal policy
ISBN :
Author : Bachir Raymond Rahal
Publisher :
Page : 108 pages
File Size : 22,30 MB
Release : 2004
Category :
ISBN :
This project presents a general overview of the Egyptian economy during the 1990s, to understand the importance of the coordination between Monetary and Fis cal policies prior to the floatation of the Egyptian pound in January 2003. It then discusses the floatation itself and how will its impact be on the Egyptian economy. Finally, this project examines whether Monetary Policy can play an effective role in Egypt after the drastic change in the exchange rate regime.
Author : Ugo Panizza
Publisher :
Page : 44 pages
File Size : 15,5 MB
Release : 2001
Category : Egypt
ISBN :
Author : Khamis Adib Abdul-Magid
Publisher :
Page : 364 pages
File Size : 49,95 MB
Release : 1963
Category : Currency question
ISBN :
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 33 pages
File Size : 30,47 MB
Release : 1998-03-01
Category : Business & Economics
ISBN : 1451844239
Recently, monetary authorities have increasingly focused on implementing policies to ensure price stability and strengthen central bank independence. Simultaneously, in the fiscal area, market development has allowed public debt managers to focus more on cost minimization. This “divorce” of monetary and debt management functions in no way lessens the need for effective coordination of monetary and fiscal policy if overall economic performance is to be optimized and maintained in the long term. This paper analyzes these issues based on a review of the relevant literature and of country experiences from an institutional and operational perspective.
Author : Eliana Cardoso
Publisher : American Univ in Cairo Press
Page : 362 pages
File Size : 19,42 MB
Release : 2006-02-15
Category : Business & Economics
ISBN : 9789771727590
Monetary Policy and Exchange Rate Regimes: Options for the Middle East examines some of the most pressing issues facing policymakers today. The authors offer answers to such questions as: Are the choices of exchange rate regime limited to hard fixing or fully floating? Are capital flight and banking crises avoidable? What is the best way to coordinate monetary and fiscal policies? The answers to these questions draw on the vast literature available on these topics as well as the lessons learned from recent crises, especially in East Asia and Latin America. Beside its broad coverage, this volume includes rich analyses on specific countries of the Middle East. It merits a wide readership, but policymakers seeking to achieve macroeconomic stability and growth will find it particularly useful.
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 74 pages
File Size : 48,43 MB
Release : 2015-10-23
Category : Business & Economics
ISBN : 1498344062
Over the past two decades, many low- and lower-middle income countries (LLMICs) have improved control over fiscal policy, liberalized and deepened financial markets, and stabilized inflation at moderate levels. Monetary policy frameworks that have helped achieve these ends are being challenged by continued financial development and increased exposure to global capital markets. Many policymakers aspire to move beyond the basics of stability to implement monetary policy frameworks that better anchor inflation and promote macroeconomic stability and growth. Many of these LLMICs are thus considering and implementing improvements to their monetary policy frameworks. The recent successes of some LLMICs and the experiences of emerging and advanced economies, both early in their policy modernization process and following the global financial crisis, are valuable in identifying desirable features of such frameworks. This paper draws on those lessons to provide guidance on key elements of effective monetary policy frameworks for LLMICs.
Author : C. Fred Bergsten
Publisher : Peterson Institute for International Economics
Page : 456 pages
File Size : 36,80 MB
Release : 2016-04-07
Category : Political Science
ISBN : 0881327123
In September 1985, emissaries of the world's five leading industrial nations—the United States, Britain, France, Germany, and Japan—secretly gathered at the Plaza Hotel in New York City and unveiled an unprecedented effort to correct the largest set of current account and exchange rate imbalances that had ever threatened the world economy. The Plaza Accord is credited with sharply realigning exchange rates, significantly reducing current account imbalances, and countering protectionist pressures in the United States. But did the Accord provide a foundation for ongoing international financial stability and policy coordination? Or was it simply a unique one-time coincidence of national interests? The Plaza experience continues to inform today's debates about the limits and possibilities of international monetary cooperation. In late 2015, leading policymakers and economists—including those who were involved in the Accord's design, negotiation, and implementation—held a Plaza Retrospective conference at the Baker Institute for Public Policy to evaluate the Accord's legacy and how its collaborative spirit can be applied today. This volume presents their views and analyses to provide guidance for a time when the world again faces the prospect of currency disequilibria, growing imbalances, trade policy reactions, and thus uncertainty for both the global economy and world politics.
Author : Khalid Ikram
Publisher : Routledge
Page : 430 pages
File Size : 19,92 MB
Release : 2007-04-11
Category : History
ISBN : 1134227531
Interviews with former Prime Ministers and Cabinet Ministers along with previously unpublished analysis by the World Bank, IMF and USAID provide entertaining and interesting insights into Egypt's economic development policy during 1952 to 2000. Areas addressed include: * the performance of the Egyptian economy since 1950s * the factors that have facilitated or retarded economic performance * the Egyptian authorities approach to economic issues and policy-making * the chief questions that policy-makers will have to deal with in the next twenty years. Set apart by Khalid Ikram’s intimate knowledge of the Egyptian policy-makers this book presents a unique account of economic development and policy-making in Egypt during 1952 to 2000.
Author : Guillermo E. Perry
Publisher : World Bank Publications
Page : 354 pages
File Size : 35,48 MB
Release : 2007-10-19
Category : Business & Economics
ISBN : 0821370855
Fiscal policy in Latin America has been guided primarily by short-term liquidity targets whose observance was taken as the main exponent of fiscal prudence, with attention focused almost exclusively on the levels of public debt and the cash deficit. Very little attention was paid to the effects of fiscal policy on growth and on macroeconomic volatility over the cycle. Important issues such as the composition of public expenditures (and its effects on growth), the ability of fiscal policy to stabilize cyclical fluctuations, and the currency composition of public debt were largely neglected. As a result, fiscal policy has often amplified cyclical volatility and dampened growth. 'Fiscal Policy, Stabilization, and Growth' explores the conduct of fiscal policy in Latin America and its consequences for macroeconomic stability and long-term growth. In particular, the book highlights the procyclical and anti-investment biases embedded in the region's fiscal policies, explores their causes and macroeconomic consequences, and asesses their possible solutions.