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Sustaining a high rate of economic growth is the major policy issue facing the Arab economies. A detailed analysis of growth, investment, and savings for the period 1971-96, including through a growth accounting exercise, shows that increasing long-run growth requires improvements in both investment and domestic savings. In the past, the Arab region’s growth was overly reliant on volatile external sources of funding, and total factor productivity growth was too low. The paper discusses the policy priorities to overcome the legacy of poor growth.

Macroeconomics --- Production and Operations Management --- Production --- Cost --- Capital and Total Factor Productivity --- Capacity --- Macroeconomics: Consumption --- Saving --- Wealth --- Investment --- Capital --- Intangible Capital --- Economic History: Macroeconomics --- Growth and Fluctuations: Asia including Middle East --- Accounting --- General Aggregative Models: General --- Labor Economics: General --- Economic growth --- Labour --- income economics --- Total factor productivity --- Growth accounting --- Domestic savings --- National accounts --- Labor --- Industrial productivity --- Economic development --- Saving and investment --- National income --- Labor economics --- Saudi Arabia --- Income economics

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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.

Economic stabilization --- 330.05 --- 330.962 --- economische situatie --- Egypte --- monetair beleid --- 330.52 --- 331.30 --- 333.481 --- 338.313 --- EG / Egypt - Egypte --- 338.24 <620> --- 338 <620> --- 338.24 <620> Instrumenten van de economische politiek. Economische orde. Economisch politieke maatregelen. Stabilisering. Stimuleringsmaatregelen. Regulering. Financiele steunmaatregelen--Egypte --- Instrumenten van de economische politiek. Economische orde. Economisch politieke maatregelen. Stabilisering. Stimuleringsmaatregelen. Regulering. Financiele steunmaatregelen--Egypte --- 338 <620> Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--Egypte --- Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--Egypte --- Adjustment, Economic --- Business stabilization --- Economic adjustment --- Stabilization, Economic --- Economic policy --- Liberaal systeem. Neo-liberalisme. Theorie van de onderhandeling --- Economische toestand --- Monetaire crisissen, hervormingen, saneringen en stabilisering --- Kapitalisme --- Egypt --- Economic conditions --- Economic policy. --- Working papers --- Economic policy and planning (general) --- Banks and Banking --- Exports and Imports --- Foreign Exchange --- Macroeconomics --- Taxation --- Money and Monetary Policy --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Trade Policy --- International Trade Organizations --- Public Enterprises --- Public-Private Enterprises --- Trade: General --- International economics --- Currency --- Foreign exchange --- Banking --- Public finance & taxation --- Civil service & public sector --- Public sector --- Commercial banks --- Real exchange rates --- Privatization --- Capital inflows --- Financial institutions --- Economic sectors --- Balance of payments --- Banks and banking --- Finance, Public --- Commercial policy --- Egypt, Arab Republic of