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Mr. John C. Odling-Smee

This article discusses the adjustment that takes place as economies recover from balance of payments difficulties. The experiences of seven countries that obtained financial assistance from the Fund illustrate various aspects of adjustment.

Klaus Enders

Growth in Egypt has picked up steadily since 2004 (see chart), making it one of the Middle East's fastest growing economies. Egypt launched bold reforms in 2004 that, along with a favorable external environment, have triggered an impressive acceleration of growth, to 7 percent in 2006/07.

International Monetary Fund. External Relations Dept.
Finance and Development, March 2014
International Monetary Fund. External Relations Dept.
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International Monetary Fund. External Relations Dept.
International Monetary Fund. External Relations Dept.
Finances & Développement, mars 2014
International Monetary Fund. External Relations Dept.