Arab Republic of Egypt: Selected Issues

December 13, 2007

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Format: Chicago

Arab Republic of Egypt: Selected Issues, (USA: International Monetary Fund, 2007) accessed November 23, 2024

Summary

This Selected Issues paper examines whether Egypt’s current account and exchange rate are in broad equilibrium. The paper analyzes areas of fiscal spending that have the biggest saving potential in a cross-country perspective. An assessment of Egypt’s real exchange rate is presented. The paper uses data envelopment analysis to analyze the efficiency in public spending on health, education, and social protection relative to comparable countries. The results suggest significant scope to improve efficiency in all three social areas, and that room for fiscal savings is particularly apparent in social protection and education.

Subject: Exchange rates, Expenditure, Foreign exchange, Monetary policy, Monetary stance, Real effective exchange rates, Real exchange rates

Keywords: Africa, Chapter III, Chapter IV, CR, Data envelopment analysis, Egypt, Egypt's current account, Exchange rate, Exchange rates, GDP, ISCR, Middle East, Monetary stance, Real effective exchange rates, Real exchange rates, Sub-Saharan Africa, Transmission in Egypt

Publication Details

Pages:

66
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/381
Stock No:

1EGYEA2007002
ISBN:

9781451811896
ISSN:

1934-7685

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