Conferences and Workshops

What Drives Prices in Egypt?

Date : 11/25/2007

Speakers : Multiple Speakers

Dealing with inflation is among the most pressing challenges facing policy makers in Egypt today. It redistributes both income and wealth, impairs economic efficiency by distorting price signals, misallocates resources by making it harder to distinguish between changes in relative prices and changes in the overall price level and reduces the rate of investment and capital formation by creating greater uncertainty about future prices and raising real interest rates.This conference was intended to investigate the main factors driving prices in Egypt and their relative importance in an attempt to contribute to policy makers’ efforts to control inflation and achieve greater economic stability.The conference featured the presentation of several research papers prepared by both Egyptian and foreign experts, followed by comments from distinguished panelists.