Occasional Papers

Egypt: Beyond Stabilization. Toward a Dynamic Market Economy

Author/Editor:

Howard Handy

Publication Date:

May 1, 1998

Summary:

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.

Series:

Occasional Paper No. 1998/008

Subject:

Balance of payments Capital inflows Commercial banks Economic sectors Financial institutions Foreign exchange Privatization Public sector Real exchange rates