Introduction : what drives prices in Egypt? / Hanaa Kheir-El-Din -- Great moderation and inflation targeting in the world / Klaus Schmidt-Hebbel -- Measuring inflation in Egypt : assessment of the CPI accuracy / Sherine Al-Shawarby -- Inflation and growth in Egypt : is there a threshold effect? / Hanaa Kheir-El-Din and Hala Abou-Ali -- Monetary policy in Egypt : a retrospective and preparedness for inflation targeting / Rania Al-Mashat -- The impact of budget deficit on inflation in Egypt / Omneia A. Helmy -- Wage-price causality in the Egyptian economy (1990-2005) / Hala Fares and Alaa Ibrahim -- Relative price adjustment and inflation dynamics : the case of Egypt / Diaa Noureldin
Summary
This is a comprehensive analysis of the factors driving prices in Egypt, in an attempt to find a balance between prices and economic growth. While Egypt is the focus of the analysis, the papers draw upon the relevant literature, and international experience, and the findings can be applied to other middle-income economies