Item description for IMF-Egyptian Debt Negotiations by Bessma Momani...
This monograph assesses the modus operandi of debt negotiations Between Egypt and the International Monetary Fund (IMF), using the four agreements of 1987, 1991, 1993, and 1996. Political, technocratic, and individual bargaining factors are considered as possible explanations of processes and outcomes of IMF - Egyptian negotiations. Both the 1987 and the 1991 agreements were suspiciously negotiated, with political factors dominating processes and outcomes. Egypt's geopolitical role in international affairs is carefully examined as a possible variable. The final two agreements, signed in 1993 and 1996, were less clouded by political factors, allowing for the greater possibility of IMF due process to work. The more than ten-year IMF - Egyptian relationship was not without controversy and difficulty. From the role of the IMF in the American debt forgiveness of Egypt following the Gulf War to the ever-contentious issue of the devaluation of the Egyptian pound, dealing with the IMF has been an important feature of Egypt's politicking. Cairo Papers Vol. 26, no. 3
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Studio: American University in Cairo Press
Est. Packaging Dimensions: Length: 8.3" Width: 5.5" Height: 0.4" Weight: 0.4 lbs.
Release Date Dec 30, 2005
Publisher American University in Cairo Press
ISBN 977424916X ISBN13 9789774249167
Availability 0 units.
More About Bessma Momani
BESSMA MOMANI is assistant Professor in the Department of Political Science at the University