The thesis hence aims at studying the economic dimensions of capital flows from developing countries phenomenon with an application of Egypt’s Economy The important results stem from this work are as fllowing: 1. There is no agreement in the economic literature on the definition of the capital...

Abstract: This paper aims to explore the macroeconomic policies of IMF and World Bank structural adjustment programs. This paper also provides at first a simple analysis of the main reasons of LDC economic disequilibrium. Then it reviews the main components of the structural adjustment program...

This paper analyses the current account in the intertemporal model framework. Based on Obstfeld and Rogoff’s book (1996), we aim to model the ratio of the current account to GDP explicitly in the long run. Also, we criticize the tautological approach in the paper of Cerrato et al. (2014) which...

This paper analyses the current account in the intertemporal model framework. Based on Obstfeld and Rogoff’s book (1996), we aim to model the ratio of the current account to GDP explicitly in the long run. Also, we criticize the tautological approach in the paper of Cerrato et al. (2014) which...