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The Effect Of Fiscal And Monetary Policy On Public Debt In Egypt, Malak Mohamed Jun 2024

The Effect Of Fiscal And Monetary Policy On Public Debt In Egypt, Malak Mohamed

Theses and Dissertations

The thesis aims to examine the effect of monetary policies and fiscal policies on public debt in Egypt during the period from 2006 until 2021. Egypt is witnessing aggravated levels of debt, with limited fiscal and monetary space. Therefore, the objective of the paper is to analyze the effect of discount rates, inflation rates, subsidies, taxes and economic growth on debt-to-GDP in Egypt using a VAR model with an extended test of Impulse Response Function. The results suggest that a positive shock in government expenditures initially decreases public debt but leads to a fluctuating increase in the debt-to-GDP ratio in …


Strategic Pathways To Minimal Deterrence And Counter-Terrorism: Enhancing Brunei’S Defense Capabilities, Brice Tseen Fu Lee, Filip Komšić, Juan Pablo Sims May 2024

Strategic Pathways To Minimal Deterrence And Counter-Terrorism: Enhancing Brunei’S Defense Capabilities, Brice Tseen Fu Lee, Filip Komšić, Juan Pablo Sims

Journal of Terrorism Studies

This paper explores the strategic enhancement of Brunei’s military capabilities under the guidelines of the Brunei Defense White Paper 2021, focusing on establishing a robust minimal level deterrence. It emphasizes transitioning from conventional defense paradigms to an integrated, technologically advanced military structure tailored to contemporary and future security challenges. The significance of minimal level deterrence is analyzed, illustrating how a proportionate and efficient military force not only deters potential aggressors but also supports counter-terrorism efforts. This approach underscores the dual benefits of ensuring national security while facilitating economic stability and growth, allowing Brunei to allocate resources more effectively between defense …