The important issue, which should be determined first, is the meaning of the government budget and its role in real GDP equilibrium. A position of government budget is the difference between the spending of the government and the government tax revenue. Obviously, in case the spending of the government exceeds...

In May 2017 the Employment and Social Affairs Committee of the European Parliament decided to discuss introduction of reforms for transformation of labour market in Greece. The International Labour Organization regularly observes situation in Greek labour market in order to develop relevant recommendations (“International Labor Organization”, 2017). It should be...

The main purpose of this paper is to give an in-depth analysis, as well as, insights of the Fast Moving Consumer Goods (FMCG) sector in the Egyptian economy, vis-à-vis the Unilever Strengths Weakness Opportunities and Threats (SWOT) analysis for the Egyptian market. Egypt is strategically located geographically in the North...

While devaluation can appear to be catastrophic, there are many opportunities and potential benefits to the Egyptian pound. The measurement of the relative value of a currency against another is just one indicator, and there are many more complicated factors at work as shown by the examples of devaluation in...

The researched article “The Effect of Devaluation on Output in the Egyptian Economy: A Vector Autoregression Analysis” outlines the interrelationship between exchange rate fluctuations and output in the Egyptian economy. The methodology of the study deploys a Vector Autoregression model based on annual figures over 1982-2004. The outcomes of the...