We construct a dynamic model of a small open economy to analyze the effects of large energy subsidies. The model includes domestic energy production and consumption, trade in energy at world market prices, as well as private and public sector production. The model is calibrated to Egypt and used...

We construct a dynamic model of a small open economy to analyze the effects of large energy subsidies. The model includes domestic energy production and consumption, trade in energy at world market prices, as well as private and public sector production. The model is calibrated to Egypt and used...

We construct a dynamic general equilibrium model to analyze the effects of large energy subsidies in a small open economy. The model pays special attention to domestic energy production and consumption, trade in energy at world market prices, as well as private and public sector production...

Chapter One: Introduction -- Chapter Two: Looking Back at How Egypt Got to Today -- Chapter Three: Navigating the Storms -- Chapter Four: Achieving Sustainable and Inclusive Growth -- Chapter Five: The Way Forward.

Inflation targeting (IT) has emerged in recent years as a leading framework for conducting monetary policy in order to attain price stability. Like many other developing countries, Egypt is now aspiring to introduce inflation targeting as a framework for its monetary policy. This research...

This research examines the relationship between capital structure and three of its major determinants proposed in the prior literature - profitability, growth rate and size. Our sample includes data for all banks listed in Kompass Egypt, in the period 1995-2007. We utilize panel data regression...

Background:Saving and investment are two of the most important tools for economic growth. The interest rate has always been considered an important determinant of saving and investment. However, according to Islamic teachings,ribaor earning interest on saving or investment is forbidden, and...