Egypt - Positive Results from Knowledge Sharing and Modest Lending : An IEG Country Assistance Evaluation 1999-2007
This country assistance evaluation reviews World Bank support to the Arab Republic of Egypt from fiscal 1999 through 2007. Egypt's economic performance over the period improved substantially. This was particularly true after 2004, following improvements in economic management, an increase in th...
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| Format: | Publication |
| Language: | en_US |
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Washington, DC: World Bank
2013
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| Online Access: | http://hdl.handle.net/10986/13534 |
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okr-10986-13534 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
en_US |
| topic |
Access to Finance accountability adult illiteracy advisory services Agricultural sector Agriculture air pollution balance of payments Bank conditionality Bank financing Bank lending banking law Banking Sector banking sector reforms Banking system banks barriers to entry borrowing budget deficits business entry Capital expenditures capital investment capital investments capital markets capital markets development cash transfer cash transfers comparative advantage consolidation corporate tax rates corruption credits currency debt forgiveness debt level debt management debt reduction debt relief debt restructuring development assistance Development Bank Development policy Development Projects Disbursement Disbursements diversified portfolio division of labor economic empowerment economic growth economic performance economic policy economic reform economic reforms education loans effective demand emerging markets Employment empowerment of women enrollment enrollments Environmental environmental issues environmental management environmental protection European Central Bank exchange rate Expenditure export performances exports external debt Extreme poverty farmers finances financial assistance financial crisis financial flows financial management financial reforms financial resources Financial Sector Financial Sector Assessment Financial Sector Reform financial sector reforms financial support first loan fiscal deficit fiscal deficits fiscal discipline fiscal policies fiscal reforms Foreign direct investment foreign exchange Freedom of Information GDP Gender gender equality Gender Indicators Gender issues Government debt grant funding Gross domestic product Gross domestic product growth growth rate Guarantee Agency holding holding companies housing Human Development human resources impediments to business Import tariffs income growth income levels indebted countries inequalities inequality inflation inflationary pressure inflationary pressures information technology institutional capacity Institutional Development institutional reforms instrument insurance interest rates International Bank International Development International Finance Investment climate investment projects labor force labor market living standards loan loan amount local currency low interest rates macroeconomic analysis macroeconomic management macroeconomic policies Macroeconomic Stability Macroeconomic stabilization metropolitan areas microfinance Monetary Fund monetary policy mortgage mortgage finance national income nonbank financial institutions nonperforming loans Nutrition oil Pension Pension reform pension system per capita income personal income political stability Pollution Pollution Abatement pollution control population growth portfolio performance Private Enterprise private enterprises private investment privatization privatizations productivity public bank public banks public debt public expenditures public investment public services Public-private partnerships rural finance safety net Settlement shareholders small loans Social Development Social Fund Social Safety Nets social services specialized banks state bank stock market Structural Adjustment subsidiary supervision of banks supervisory framework Sustainable Development Sustainable Growth tax tax administration tax policy tax rates tax reform tax reforms taxation Technical assistance telecommunications Trade policy trade reforms trade regime tranche transaction transaction costs transparency transport Treasury unemployment unemployment rates Union Urban development withdrawal |
| spellingShingle |
Access to Finance accountability adult illiteracy advisory services Agricultural sector Agriculture air pollution balance of payments Bank conditionality Bank financing Bank lending banking law Banking Sector banking sector reforms Banking system banks barriers to entry borrowing budget deficits business entry Capital expenditures capital investment capital investments capital markets capital markets development cash transfer cash transfers comparative advantage consolidation corporate tax rates corruption credits currency debt forgiveness debt level debt management debt reduction debt relief debt restructuring development assistance Development Bank Development policy Development Projects Disbursement Disbursements diversified portfolio division of labor economic empowerment economic growth economic performance economic policy economic reform economic reforms education loans effective demand emerging markets Employment empowerment of women enrollment enrollments Environmental environmental issues environmental management environmental protection European Central Bank exchange rate Expenditure export performances exports external debt Extreme poverty farmers finances financial assistance financial crisis financial flows financial management financial reforms financial resources Financial Sector Financial Sector Assessment Financial Sector Reform financial sector reforms financial support first loan fiscal deficit fiscal deficits fiscal discipline fiscal policies fiscal reforms Foreign direct investment foreign exchange Freedom of Information GDP Gender gender equality Gender Indicators Gender issues Government debt grant funding Gross domestic product Gross domestic product growth growth rate Guarantee Agency holding holding companies housing Human Development human resources impediments to business Import tariffs income growth income levels indebted countries inequalities inequality inflation inflationary pressure inflationary pressures information technology institutional capacity Institutional Development institutional reforms instrument insurance interest rates International Bank International Development International Finance Investment climate investment projects labor force labor market living standards loan loan amount local currency low interest rates macroeconomic analysis macroeconomic management macroeconomic policies Macroeconomic Stability Macroeconomic stabilization metropolitan areas microfinance Monetary Fund monetary policy mortgage mortgage finance national income nonbank financial institutions nonperforming loans Nutrition oil Pension Pension reform pension system per capita income personal income political stability Pollution Pollution Abatement pollution control population growth portfolio performance Private Enterprise private enterprises private investment privatization privatizations productivity public bank public banks public debt public expenditures public investment public services Public-private partnerships rural finance safety net Settlement shareholders small loans Social Development Social Fund Social Safety Nets social services specialized banks state bank stock market Structural Adjustment subsidiary supervision of banks supervisory framework Sustainable Development Sustainable Growth tax tax administration tax policy tax rates tax reform tax reforms taxation Technical assistance telecommunications Trade policy trade reforms trade regime tranche transaction transaction costs transparency transport Treasury unemployment unemployment rates Union Urban development withdrawal Independent Evaluation Group Egypt - Positive Results from Knowledge Sharing and Modest Lending : An IEG Country Assistance Evaluation 1999-2007 |
| geographic_facet |
Middle East and North Africa Egypt, Arab Republic of |
| description |
This country assistance evaluation reviews World Bank support to the Arab Republic of Egypt from fiscal 1999 through 2007. Egypt's economic performance over the period improved substantially. This was particularly true after 2004, following improvements in economic management, an increase in the pace of structural reforms, and correction of the exchange rate. Gross domestic product growth averaged about five percent over the period, rising to almost seven percent in 2006 and 2007. Human development indicators improved significantly. However, progress in poverty reduction has been disappointing, with a deterioration in the poverty headcount, particularly in Upper Egypt. Future Bank strategy needs to reflect Egypt's middle-income status by including a flexible lending program and an emphasis on knowledge services, including reimbursable technical assistance. The Bank can further strengthen the partnership by focusing on: (i) the persistent issue of poverty and inequality; (ii) analytic work on macroeconomic analysis and income disparities and its improved dissemination; (iii) further financial sector reforms and promoting continued reforms in systems that indirectly combat corruption; and (iv) sectoral strategies and policy and institutional reforms in infrastructure and energy. |
| format |
Publications & Research :: Publication |
| author |
Independent Evaluation Group |
| author_facet |
Independent Evaluation Group |
| author_sort |
Independent Evaluation Group |
| title |
Egypt - Positive Results from Knowledge Sharing and Modest Lending : An IEG Country Assistance Evaluation 1999-2007 |
| title_short |
Egypt - Positive Results from Knowledge Sharing and Modest Lending : An IEG Country Assistance Evaluation 1999-2007 |
| title_full |
Egypt - Positive Results from Knowledge Sharing and Modest Lending : An IEG Country Assistance Evaluation 1999-2007 |
| title_fullStr |
Egypt - Positive Results from Knowledge Sharing and Modest Lending : An IEG Country Assistance Evaluation 1999-2007 |
| title_full_unstemmed |
Egypt - Positive Results from Knowledge Sharing and Modest Lending : An IEG Country Assistance Evaluation 1999-2007 |
| title_sort |
egypt - positive results from knowledge sharing and modest lending : an ieg country assistance evaluation 1999-2007 |
| publisher |
Washington, DC: World Bank |
| publishDate |
2013 |
| url |
http://hdl.handle.net/10986/13534 |
| _version_ |
1764424505072025600 |
| spelling |
okr-10986-135342021-04-23T14:03:10Z Egypt - Positive Results from Knowledge Sharing and Modest Lending : An IEG Country Assistance Evaluation 1999-2007 Independent Evaluation Group Access to Finance accountability adult illiteracy advisory services Agricultural sector Agriculture air pollution balance of payments Bank conditionality Bank financing Bank lending banking law Banking Sector banking sector reforms Banking system banks barriers to entry borrowing budget deficits business entry Capital expenditures capital investment capital investments capital markets capital markets development cash transfer cash transfers comparative advantage consolidation corporate tax rates corruption credits currency debt forgiveness debt level debt management debt reduction debt relief debt restructuring development assistance Development Bank Development policy Development Projects Disbursement Disbursements diversified portfolio division of labor economic empowerment economic growth economic performance economic policy economic reform economic reforms education loans effective demand emerging markets Employment empowerment of women enrollment enrollments Environmental environmental issues environmental management environmental protection European Central Bank exchange rate Expenditure export performances exports external debt Extreme poverty farmers finances financial assistance financial crisis financial flows financial management financial reforms financial resources Financial Sector Financial Sector Assessment Financial Sector Reform financial sector reforms financial support first loan fiscal deficit fiscal deficits fiscal discipline fiscal policies fiscal reforms Foreign direct investment foreign exchange Freedom of Information GDP Gender gender equality Gender Indicators Gender issues Government debt grant funding Gross domestic product Gross domestic product growth growth rate Guarantee Agency holding holding companies housing Human Development human resources impediments to business Import tariffs income growth income levels indebted countries inequalities inequality inflation inflationary pressure inflationary pressures information technology institutional capacity Institutional Development institutional reforms instrument insurance interest rates International Bank International Development International Finance Investment climate investment projects labor force labor market living standards loan loan amount local currency low interest rates macroeconomic analysis macroeconomic management macroeconomic policies Macroeconomic Stability Macroeconomic stabilization metropolitan areas microfinance Monetary Fund monetary policy mortgage mortgage finance national income nonbank financial institutions nonperforming loans Nutrition oil Pension Pension reform pension system per capita income personal income political stability Pollution Pollution Abatement pollution control population growth portfolio performance Private Enterprise private enterprises private investment privatization privatizations productivity public bank public banks public debt public expenditures public investment public services Public-private partnerships rural finance safety net Settlement shareholders small loans Social Development Social Fund Social Safety Nets social services specialized banks state bank stock market Structural Adjustment subsidiary supervision of banks supervisory framework Sustainable Development Sustainable Growth tax tax administration tax policy tax rates tax reform tax reforms taxation Technical assistance telecommunications Trade policy trade reforms trade regime tranche transaction transaction costs transparency transport Treasury unemployment unemployment rates Union Urban development withdrawal This country assistance evaluation reviews World Bank support to the Arab Republic of Egypt from fiscal 1999 through 2007. Egypt's economic performance over the period improved substantially. This was particularly true after 2004, following improvements in economic management, an increase in the pace of structural reforms, and correction of the exchange rate. Gross domestic product growth averaged about five percent over the period, rising to almost seven percent in 2006 and 2007. Human development indicators improved significantly. However, progress in poverty reduction has been disappointing, with a deterioration in the poverty headcount, particularly in Upper Egypt. Future Bank strategy needs to reflect Egypt's middle-income status by including a flexible lending program and an emphasis on knowledge services, including reimbursable technical assistance. The Bank can further strengthen the partnership by focusing on: (i) the persistent issue of poverty and inequality; (ii) analytic work on macroeconomic analysis and income disparities and its improved dissemination; (iii) further financial sector reforms and promoting continued reforms in systems that indirectly combat corruption; and (iv) sectoral strategies and policy and institutional reforms in infrastructure and energy. 2013-05-23T20:43:41Z 2013-05-23T20:43:41Z 2009 978-0-8213-7958-5 http://hdl.handle.net/10986/13534 en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research Middle East and North Africa Egypt, Arab Republic of |