The Egyptian Economy - A Modeling Approach

Egypt experienced an economic shift from a managed economic strategy to one of market-oriented resource allocation starting in the 1970s, and in 1987 signed a stabilization program agreement with the International Monetary Fund. This is an overview of these structural changes experienced by the Egyptian economy in the 70s and 80s. The main tool to assess the effectiveness of the policies and to evaluate growth prospects under different policy scenarios is an integrated macroeconomic-energy demand-input/output model. Four different policy scenarios are explored.

List of contents

Tables and Figures
Acknowledgments
Introduction
Structural Changes in the Egyptian Economy
Model of the Egyptian Economy: Conceptual Framework and Estimation
In-Sample Simulation Experiments
Forecasting Scenarios
Summary and Suggestions for Further Development
Data Appendix
Bibliography
Index

About the author

MAHMOUD A. T. ELKHAFIF is a Senior Economist in the Research Department of the Central Bank of Kuwait. He was an Economic Advisor with the Ontario Ministry on Environment and Energy, and Economist (Project Leader) with Ontario Hydro. Dr. Elkhafif has research interests in economic and econometric modeling, forecasting, and developmental economics.

Product details

• Authors: Mahmoud Elkhafif, Mahmoud A. Elkhafif
• Publisher: Bloomsbury
• Languages: English
• Product format: Hardback
• Released: 16.08.1996
• EAN: 9780275955564
• ISBN: 978-0-275-95556-4
• Subjects: Social sciences, law, business > Business > Miscellaneous; POLITICAL SCIENCE / Political Economy, BUSINESS & ECONOMICS / Economics / Macroeconomics, Egypt, BUSINESS & ECONOMICS / Development / Economic Development, macroeconomics, Political Economy, c 1970 to c 1979, Development economics & emerging economies, c 1970 to c 1980, C 1980 To C 1990, c 1980 to c 1989, Development economics and emerging economies, ECONOMICS: INTERNATIONAL