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Macroeconomic policy for employment creation in Egypt : past experience and future prospects

Author

Listed:
  • Haq, Tariq.
  • Zaki, Chahir.

Abstract

This paper by Tariq Haq and Chahir Zaki seeks to shed light on the nexus between macroeconomic policies and employment in Egypt through three approaches. First, it provides a detailed analysis of each macroeconomic policy area in Egypt and reflects on its relationship with employment creation. Second, an empirical approach is used to provide evidence of the impact of each macroeconomic policy on employment. Finally, on the basis of these analyses, the paper offers a range of pertinent policy recommendations in order to improve employment and labour market conditions in Egypt during its transition.

Suggested Citation

  • Haq, Tariq. & Zaki, Chahir., 2015. "Macroeconomic policy for employment creation in Egypt : past experience and future prospects," ILO Working Papers 994894173402676, International Labour Organization.
    • Handle: RePEc:ilo:ilowps:994894173402676
    as

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    File URL: http://www.ilo.org/public/libdoc/ilo/2015/115B09_203_engl.pdf
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    References listed on IDEAS

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    1. Chinn, Menzie David & Ito, Hiro, 2005. "What Matters for Financial Development? Capital Controls, Institutions, and Interactions," Santa Cruz Department of Economics, Working Paper Series qt5pv1j341, Department of Economics, UC Santa Cruz.
    2. Chinn, Menzie D. & Ito, Hiro, 2006. "What matters for financial development? Capital controls, institutions, and interactions," Journal of Development Economics, Elsevier, vol. 81(1), pages 163-192, October.
    3. Gerald Epstein, 2009. "Rethinking Monetary and Financial Policy: Practical suggestions for monitoring financial stability while generating employment and poverty reduction," Published Studies ilo_epstein11_09, Political Economy Research Institute, University of Massachusetts at Amherst.
    4. Zsolt Darvas, 2012. "Real effective exchange rates for 178 countries: A new database," CERS-IE WORKING PAPERS 1210, Institute of Economics, Centre for Economic and Regional Studies.
    5. Epstein, Gerald., 2009. "Rethinking monetary and financial policy : practical suggestions for monitoring financial stability while generating employment and poverty reduction," ILO Working Papers 994344393402676, International Labour Organization.
    6. World Bank, 2015. "World Development Indicators 2015," World Bank Publications - Books, The World Bank Group, number 21634.
    7. Herrera, Santiago & Youssef, Hoda & Youssef, Hoda & Zaki, Chahir, 2010. "Egypt beyond the crisis : medium-term challenges for sustained growth," Policy Research Working Paper Series 5451, The World Bank.
    8. Roberto FRENKEL, 2004. "Real exchange rate and employment in Argentina, Brazil, Chile and Mexico," Iktisat Isletme ve Finans, Bilgesel Yayincilik, vol. 19(223), pages 29-52.
    9. repec:ilo:ilowps:434439 is not listed on IDEAS
    10. Gouda Abdel-Khalek, 2001. "Stabilization and Adjustment in Egypt," Books, Edward Elgar Publishing, number 2343.
    11. Easterly, William, 2001. "The Lost Decades: Developing Countries' Stagnation in Spite of Policy Reform 1980-1998," Journal of Economic Growth, Springer, vol. 6(2), pages 135-157, June.
    12. repec:ilo:ilowps:398678 is not listed on IDEAS
    13. Chahir Zaki, 2014. "On Trade Policies and Wage Disparity: Evidence from Egyptian Microeconomic Data," International Economic Journal, Taylor & Francis Journals, vol. 28(1), pages 37-69, March.
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    Cited by:

    1. Selwaness, Irène & Zaki, Chahir, 2019. "On the interaction between exports and labor market regulation: Evidence from the MENA countries," The Quarterly Review of Economics and Finance, Elsevier, vol. 73(C), pages 24-33.

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