Food subsidies and cash transfers in Egypt Evaluating general equilibrium benefits and trade offs is popular PDF and ePub book, written by Breisinger, Clemens in 2021-06-02, it is a fantastic choice for those who relish reading online the Political Science genre. Let's immerse ourselves in this engaging Political Science book by exploring the summary and details provided below. Remember, Food subsidies and cash transfers in Egypt Evaluating general equilibrium benefits and trade offs can be Read Online from any device for your convenience.
Food subsidies and cash transfers in Egypt Evaluating general equilibrium benefits and trade offs Book PDF Summary
Most Egyptians receive food subsidies, which are the cornerstone of the country’s social protection system. The government recently attempted to reduce subsidies, with limited success, and introduced a cash transfer program targeting the poor. We use a dynamic general equilibrium model of the Egyptian economy to evaluate the growth and distributional impacts of subsidy reforms and cash transfers. We find that the welfare of poor households would be enhanced by a smaller, but better targeted food subsidy program, and that, if the cost savings from reforms are channeled into investment, faster economic growth would eventually outweigh any short-term welfare losses. However, most of the gains from subsidy reforms accrue to nonpoor households. Combining subsidy reforms with cash transfers leads to the largest welfare gains for the poor, while leaving the welfare of nonpoor households largely intact. The latter is crucial to maintaining support for ongoing subsidy reform efforts.
Detail Book of Food subsidies and cash transfers in Egypt Evaluating general equilibrium benefits and trade offs PDF
- Author : Breisinger, Clemens
- Release : 02 June 2021
- Publisher : Intl Food Policy Res Inst
- ISBN : 978186723xxxx
- Genre : Political Science
- Total Page : 23 pages
- Language : English
- PDF File Size : 19,7 Mb
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