## Egypt: Beyond Stabilization. Toward a Dynamic Market Economy

_Occasional Papers, May 1, 1998_

## Source details

**Canonical URL:** [Egypt: Beyond Stabilization. Toward a Dynamic Market Economy](https://www.imf.org/en/publications/occasional-papers/issues/2016/12/30/egypt-beyond-stabilization-2606)

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- [Markdown version](/en/publications/occasional-papers/issues/2016/12/30/egypt-beyond-stabilization-2606/index.md)
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## Bibliographic details
- Authors: Howard Handy
- Published: May 1, 1998
- Series: Occasional Papers
- DOI: https://doi.org/10.5089/9781557757203.084

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### 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.

### Major themes and focus areas
- Balance of payments
- Capital inflows
- Commercial banks
- Economic sectors
- Financial institutions
- Foreign exchange
- Privatization
- Public sector
- Real exchange rates

### Keywords highlighted in the publication
- Capital inflows
- Commercial banks
- community development development program
- Egyptian pound
- enterprise
- equilibrium exchange rate model
- exchange rate
- Global
- interest rate liberalization
- investment financing
- investment rate
- Middle East
- North Africa
- OP
- poverty alleviation policy
- Privatization
- privatization program
- Public sector
- rate
- Real exchange rates
- South Asia
- Sub-Saharan Africa

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_Source: https://www.imf.org/en/publications/occasional-papers/issues/2016/12/30/egypt-beyond-stabilization-2606_