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IMF-Supported Stabilization Programs and their Critics: Evidence from the Recent Experience of Egypt

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  • Zaki, Mokhlis Y.

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  • Zaki, Mokhlis Y., 2001. "IMF-Supported Stabilization Programs and their Critics: Evidence from the Recent Experience of Egypt," World Development, Elsevier, vol. 29(11), pages 1867-1883, November.
  • Handle: RePEc:eee:wdevel:v:29:y:2001:i:11:p:1867-1883
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    1. Pastor, Manuel Jr., 1987. "The effects of IMF programs in the Third World: Debate and evidence from Latin America," World Development, Elsevier, vol. 15(2), pages 249-262, February.
    2. Rajanendra Narayan Nag & Mallinath Mukhopadhyay, 1998. "Macro-Economic Effects of Stabilisation under Financial Repression," Indian Economic Review, Department of Economics, Delhi School of Economics, vol. 33(1), pages 1-17, January.
    3. Julio A. Santaella, 1996. "Stylized Facts before IMF-Supported Macroeconomic Adjustment," IMF Staff Papers, Palgrave Macmillan, vol. 43(3), pages 502-544, September.
    4. Edwards, Sebastian, 1989. "The international monetary fund and the developing countries: A critical evaluation," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 31(1), pages 7-68, January.
    5. Manuel Guitian, 1973. "Credit versus Money as an Instrument of Control (Avantages du crédit sur la monnaie en tant qu'instrument de contrôle) (Crédito vs. dinero como instrumento de control)," IMF Staff Papers, Palgrave Macmillan, vol. 20(3), pages 785-800, November.
    6. Mr. Arvind Subramanian, 1997. "The Egyptian Stabilization Experience: An Analytical Retrospective," IMF Working Papers 1997/105, International Monetary Fund.
    7. Corbo, Vittorio & Fischer, Stanley, 1995. "Structural adjustment, stabilization and policy reform: Domestic and international finance," Handbook of Development Economics, in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 3, chapter 44, pages 2845-2924, Elsevier.
    8. Anne O. Krueger, 1998. "Whither the World Bank and the IMF?," Journal of Economic Literature, American Economic Association, vol. 36(4), pages 1983-2020, December.
    9. Koester, Reinhard B & Kormendi, Roger C, 1989. "Taxation, Aggregate Activity and Economic Growth: Cross-Country Evidence on Some Supply-Side Hypotheses," Economic Inquiry, Western Economic Association International, vol. 27(3), pages 367-386, July.
    10. J. J. Polak, 1997. "The IMF Monetary Model At Forty," IMF Working Papers 1997/049, International Monetary Fund.
    11. Michael Mussa & Miguel Savastano, 2000. "The IMF Approach to Economic Stabilization," NBER Chapters, in: NBER Macroeconomics Annual 1999, Volume 14, pages 79-128, National Bureau of Economic Research, Inc.
    12. Mr. Robert P. Hagemann, 1999. "The Structural Budget Balance The IMF’s Methodology," IMF Working Papers 1999/095, International Monetary Fund.
    13. Fischer, Stanley, 1997. "Applied Economics in Action: IMF Programs," American Economic Review, American Economic Association, vol. 87(2), pages 23-27, May.
    14. Dell, Sidney, 1982. "Stabilization: The political economy of overkill," World Development, Elsevier, vol. 10(8), pages 597-612, August.
    15. Mussa, Michael, 1997. "IMF Surveillance," American Economic Review, American Economic Association, vol. 87(2), pages 28-31, May.
    16. Eric M. Engen & Jonathan Skinner, 1992. "Fiscal Policy and Economic Growth," NBER Working Papers 4223, National Bureau of Economic Research, Inc.
    17. Polak, J.J., 1991. "The Changing Nature of IMF Conditionality," Princeton Studies in International Economics 184, International Economics Section, Departement of Economics Princeton University,.
    18. Mr. Joannes Mongardini, 1998. "Estimating Egypt’s Equilibrium Real Exchange Rate," IMF Working Papers 1998/005, International Monetary Fund.
    19. Ms. Sena Eken, 1997. "Fiscal Policy and Growth in the Middle East and North Africa Region," IMF Working Papers 1997/101, International Monetary Fund.
    20. Tony Killick & Moazzam Malik, 1992. "Country Experiences with IMF Programmes in the 1980s," The World Economy, Wiley Blackwell, vol. 15(5), pages 599-632, September.
    21. Mr. Howard Handy, 1998. "Egypt: Beyond Stabilization. Toward a Dynamic Market Economy," IMF Occasional Papers 1998/008, International Monetary Fund.
    22. Sebastian Edwards, 1989. "The International Monetary Fund and the Developing Countries: A Critical Evaluation," NBER Working Papers 2909, National Bureau of Economic Research, Inc.
    23. Michael Melvin & Bettina Peiers, 1996. "Dollarization In Developing Countries: Rational Remedy Or Domestic Dilemma?," Contemporary Economic Policy, Western Economic Association International, vol. 14(3), pages 30-40, July.
    24. Jacques J. Polak, 1991. "The Changing Nature of IMF Conditionality," OECD Development Centre Working Papers 41, OECD Publishing.
    25. Mohsin S. Khan, 1990. "The Macroeconomic Effects of Fund-Supported Adjustment Programs," IMF Staff Papers, Palgrave Macmillan, vol. 37(2), pages 195-231, June.
    26. Donal J. Donovan, 1982. "Macroeconomic Performance and Adjustment under Fund-Supported Programs: The Experience of the Seventies (Résultats macroéconomiques et ajustement dans le cadre de programmes bénéficiant de l'aide ," IMF Staff Papers, Palgrave Macmillan, vol. 29(2), pages 171-203, June.
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    Cited by:

    1. Ghattas, Peter & Soobaroyen, Teerooven & Marnet, Oliver, 2021. "Charting the development of the Egyptian accounting profession (1946–2016): An analysis of the State-Profession dynamics," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 78(C).
    2. Butkiewicz, James L. & Yanikkaya, Halit, 2005. "The Effects of IMF and World Bank Lending on Long-Run Economic Growth: An Empirical Analysis," World Development, Elsevier, vol. 33(3), pages 371-391, March.
    3. Mostafa Kamal Hassan, 2008. "The development of accounting regulations in Egypt: Legitimating the International Accounting Standards," Managerial Auditing Journal, Emerald Group Publishing, vol. 23(5), pages 467-484, May.
    4. Kosmidou, Kyriaki V. & Kousenidis, Dimitrios V. & Negakis, Christos I., 2015. "The impact of the EU/ECB/IMF bailout programs on the financial and real sectors of the ASE during the Greek sovereign crisis," Journal of Banking & Finance, Elsevier, vol. 50(C), pages 440-454.
    5. Raul FUENTES, 2003. "Foreign Aid : Where Your Money Could Be ? An Optimal Two-Sector Growth Model Out Lining a Simple Answer," LIDAM Discussion Papers IRES 2004003, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    6. Zungun Deniz & Ortanca Murat & Kirli Mustafa & Cura Serkan, 2013. "The End Of Imf - Turkey Relationship," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 183-192, July.
    7. Hassan, Sherif Maher, 2016. "A Historical Retrieval of the Methods and Functions of Monetary Policy," MPRA Paper 75648, University Library of Munich, Germany.
    8. James L. Butkiewicz & Halit Yanikkaya, 2003. "An Assessment of the Effectiveness of International Financial Intervention," Working Papers 03-05, University of Delaware, Department of Economics.

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