What was the imf trying to achieve with the conditions

Assignment Help Microeconomics

Reference no: EM133665939

Discussion Post

"Did the IMP Help Egypt?" (Hill, 2023, pp. 350-352)

Case Discussion Questions

I. Why was Egypt experiencing economic difficulties in the 2013-2016 period? To what extent were these problems the result of poor governance and economic mismanagement?

II. Why do you think Egypt pegged its exchange rate to the U.S. dollar? When the peg was removed in November 2016, the . Egyptian currency immediately fell by 50 percent against the U.S. dollar. What does this tell you about the peg?

III. What was the IMF trying to achieve with the conditions attached to its loans to Egypt? If implemented correctly, do you think they will ultimately improve Egypt's economy? Why might these conditions be difficult for Egypt to implement?

IV. What else do you think needs to happen in Egypt, both politically and economically, in order for the country to grow its economy and increase living standards for its people?

Sources: H. Mahfouz and P. Schemm, "Struggling Egypt Devalues Currency by Almost 50% Ahead of IMF Loan," The Washington Post, November 3, 2016; L. Noueihed and A. Aboulenein, "Egypt on Track to Receive IMF Loan's Second Tranche," Reuters, January 18, 2017; "State of Denial," The Economist, August 6, 2016; T. Stevenson, "Egypt and the IMF: Success or Failure?" Middle East Eye, August 6, 2019.

Reference no: EM133665939

Questions Cloud

Draft a hurricane katrina caused a massive amount : Draft A Hurricane Katrina caused a massive amount of damage. Hurricane Katrina was in New Orleans in 2005. An estimated 80% of New Orleans is under water

Key element from either the crime control : Explain how it achieves the goals of the criminal justice system as described in your readings. How might this element be viewed as controversial by some?

What two points will new demand curve probably pass through : You find that the positive online reviews increase the demand by 20 cars at any given price. What two points will the new demand curve probably pass through?

How was the west a place that created opportunities : How was the West a place that created opportunities for people who might not fit into the more established parts of the country?

What was the imf trying to achieve with the conditions : What was the IMF trying to achieve with the conditions attached to its loans to Egypt? Why might these conditions be difficult for Egypt to implement?

What is the step in which expert or public opinion : What is the step in which expert or public opinion is sought in a bill? second reading committee first reading royal assent

How do you evaluate the impact of the darcy concession : How do you evaluate the impact of the Darcy concession on Iran, the Middle East, and other Western entities in the Darcy Concession (1901)

What that system meant for the survival of na : what that system meant for the survival of NA. You can use information from the writer's biography or from N.A.'s own words; In a couple of sentences

What american general proposed burning new york city : What American general proposed burning New York City (although Congress refused to approve) and thought that he could hold Fort Washington against the British?

User Account

All Pages