European Parliament Library

Arab Republic of Egypt :, Selected Issues

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
Table Of Contents
Cover; Contents; I. Introduction; II. External Competitiveness and the Real Exchange Rate in Egypt; A. Introduction; B. A Long-Term Perspective on Egypt's REER; Figures; II.1. Real Effective Exchange Rate; II.2. Nominal U.S. Dollar/LE Exchange Rate; II.3. Central Bank Gross International Reserves; II.4. Openness; II.5. Egypt's Real GDP per Capita Relative to Trading Partners; II.6. Current Account Inflows from Oil and Gas, Suez Canal Fees, Tourism, Grants, and Remittances, 1970-2007; II.7. Current Account; C. The REER and the Balance of Payments in Recent Years
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (67 p.)
Specific Material Designation
Form Of Item

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