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205904

IMPACTS OF COVID-19 PANDEMIC ON THE EGYPTIAN ECONOMY AND POSSIBLE MACROECONOMIC STABLIZATION POLICIES

Article

Last updated: 28 Dec 2024

Subjects

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Tags

Business Administration

Abstract

The research concentrates on impacts of COVID-19 pandemic on the Egyptian Economy and possible macroeconomic stabilization, drawing a distinction between macro and miso level. The Egyptian economy is affected but not so large like other economies in the region. That occurred because of the positive stand-by structural programs and reforms applied through wise and intensive intervention in sectors and markets. The research is mainly concerned with the impacts of COVID-19 pandemic on economic growth and employment, therefore takes a quicken observation to the fundamental sectors may critically affected like Remittances, Tourism receipts, Suez Canal, Manufacturing, Health and Pharmaceuticals, Petroleum and mineral Resources, Small and medium Enterprises, portfolio investment, stock market and the informal sector. It was necessary to build an economic model, able to interpret the phenomena and be a stand point to step upon rational and stable macroeconomic policies to surround relics and prevent their spread and help a good built-in-stability model to drive growth and improve employment opportunities. The research relied on advanced images of the Keynesian model. Following up the total effects in areas of aggregate demand and supply gaps, and the investment animal spirit (outlook) for the recession trap. Fiscal policy accounted for sixteen reform steps and monetary policy adopted nineteen. With the application of the study model, it was found that the Healthcare sector, in its broad sense, is able to respond to macroeconomic reforms and recommendations, especially with the support of the rest of national economy, based on its dynamics and investment attraction.

DOI

10.21608/dusj.2021.205904

Keywords

COVID-19, Egyptian Economy, MACROECONOMIC

Authors

First Name

SAIED

Last Name

EMARA

MiddleName

ABDEL ALEM

Affiliation

FACULTY OF BUSINESS ADMINISTRATION, DELTA UNIVERSITY FOR SCIENCE AND TECHNOLOGY , Gamasa, Egypt

Email

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City

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Orcid

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Volume

4

Article Issue

1

Related Issue

29002

Issue Date

2021-04-01

Receive Date

2021-11-22

Publish Date

2021-04-01

Page Start

206

Page End

248

Print ISSN

2636-3046

Online ISSN

2636-3054

Link

https://dusj.journals.ekb.eg/article_205904.html

Detail API

https://dusj.journals.ekb.eg/service?article_code=205904

Order

15

Type

Review articles

Type Code

1,770

Publication Type

Journal

Publication Title

Delta University Scientific Journal

Publication Link

https://dusj.journals.ekb.eg/

MainTitle

IMPACTS OF COVID-19 PANDEMIC ON THE EGYPTIAN ECONOMY AND POSSIBLE MACROECONOMIC STABLIZATION POLICIES

Details

Type

Article

Created At

23 Jan 2023