Mechanisms of facing economic stagflation during Covid-19 period: the Egyptian case model | ||||
L' Egypte Contemporaine | ||||
Article 9, Volume 113, Issue 547 - Serial Number 3, July 2022, Page 9-32 PDF (236.78 K) | ||||
Document Type: Original Article | ||||
DOI: 10.21608/espesl.2022.168071.1028 | ||||
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Author | ||||
Zeinab Tawfik El Sayed Elewa | ||||
Professor of Economics at faculty of Economic and Political Science- Future University in Egypt (FUE). | ||||
Abstract | ||||
The Egyptian government has made significant efforts to contain the Corona virus crisis by developing policies and institutional plans to support the most affected families and companies. Therefore, this paper aimed to identify the most important mechanisms to confront the inflationary economic stagnation during that period by the Egyptian case as: Economic Inflation; Economic Stagnation; the difference between them; then Economic Stagflation, to respond appropriately to deal with this crisis and reduce its negative effects. The Covid-19 pandemic caused a humanitarian and health crisis, as measures to contain the virus led to an economic downturn and uncertainty about its severity and duration, as market observers' expectations indicated the continuation of the crisis and a rise in inflation rates to record levels, reached the world to economic stagflation, that threatens all countries, and necessitated the imposition of stricter and longer-term measures to contain the crisis. Accordingly, in this research paper, we will defined economic inflation in terms of: its concept, its causes, its origins, the importance of its measurement, its types of indicator, its effects, and some methods of treating it; and economic stagnation in terms of: its concept, causes, most important manifestations, consequences and how to reduce it; the relationship between inflation and economic stagnation; then stagflation in terms of: its concept, | ||||
Keywords | ||||
Economic Inflation; Economic Stagnation; Economic Stagflation | ||||
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