Policy Briefs
COVID-19, Vulnerability, and Policy Response: The Case of Egypt
No.
PB 71
Publisher
ERF
Date
December, 2021
Topic
I. Health, Education, and Welfare
In a nutshell
- The economic impacts of COVID-19 vary from country to country based on timing, degree of containment and extent of dependence on the global economy. This policy brief examines the effect of the COVID-19 shock on the Egyptian economy using a dynamic computable general equilibrium (CGE) model.
- In this brief, we explain how the pandemic affected the Egyptian economy through supply and demand shocks and how these effects vary in the short-term and long-term. Moreover, we modify the model to simulate the impact of the pandemic and the stimulus package provided to informal and irregular workers.
Authors
City El-Deep
PhD student, Faculty of Economics and Political...
Research Fellows
Chahir Zaki
Chaired Professor of Economics, University of Orléans