Public expenditure and inflation
Order ID |
53563633773 |
Type |
Essay |
Writer Level |
Masters |
Style |
APA |
Sources/References |
4 |
Perfect Number of Pages to Order |
5-10 Pages |
Description/Paper Instructions
Public expenditure and inflation: A study of Egypt
Egypt is a country with a long and complex economic history. Like many developing nations, it has struggled with issues of public expenditure and inflation. In this essay, we will examine the relationship between public expenditure and inflation in Egypt.
Public expenditure refers to the government’s spending on goods and services, including social programs, infrastructure, defense, and education. In Egypt, public expenditure has increased significantly over the past few decades, driven by population growth, rising demands for social services, and increasing public debt. The government has been investing in infrastructure projects, such as the expansion of the Suez Canal and the construction of new cities, to stimulate economic growth and create jobs.
However, the increase in public expenditure has also had negative consequences, including inflation. Inflation is the rate at which the general level of prices for goods and services is rising and, in Egypt, it has been a persistent problem. Inflation rates in Egypt have been among the highest in the world in recent years, peaking at over 30% in 2017.
The relationship between public expenditure and inflation is complex, but there are a few key factors that can help explain it. One of the most important is the money supply. When the government spends more money on goods and services, it injects more money into the economy, which can lead to an increase in the money supply. This, in turn, can lead to inflation, as there is more money chasing the same amount of goods and services.
Another factor is the exchange rate. When the government spends more money on imports, it can put pressure on the country’s foreign currency reserves, which can lead to a devaluation of the currency. This can, in turn, lead to inflation, as imports become more expensive and the cost is passed on to consumers.
Finally, public expenditure can also affect inflation through its impact on interest rates. When the government borrows money to finance its spending, it can put upward pressure on interest rates. This, in turn, can lead to higher inflation, as borrowing becomes more expensive and businesses may pass on these higher costs to consumers.
So, what can be done to address the issue of public expenditure and inflation in Egypt? One solution is to reduce public expenditure and focus on improving the efficiency of government spending. This could include reducing subsidies, which are a significant drain on public finances, and improving tax collection to increase revenues.
Another solution is to address the root causes of inflation, such as currency devaluation and the supply of money. This could involve implementing more responsible monetary policies, such as controlling the money supply and maintaining a stable exchange rate.
In conclusion, public expenditure and inflation are two closely related issues that have significant implications for the Egyptian economy. While there is no easy solution, addressing these issues will require a combination of measures to reduce public expenditure and improve the efficiency of government spending, as well as addressing the root causes of inflation. With the right policies in place, Egypt can achieve long-term economic stability and growth.
Public expenditure and inflation
RUBRIC
QUALITY OF RESPONSE |
NO RESPONSE |
POOR / UNSATISFACTORY |
SATISFACTORY |
GOOD |
EXCELLENT |
Content (worth a maximum of 50% of the total points) |
Zero points: Student failed to submit the final paper. |
20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. |
30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. |
40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. |
50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. |
Use of Sources (worth a maximum of 20% of the total points). |
Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. |
5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. |
10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. |
15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. |
20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. |
Grammar (worth maximum of 20% of total points) |
Zero points: Student failed to submit the final paper. |
5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors |
10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors |
15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. |
20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. |
Structure of the Paper (worth 10% of total points) |
Zero points: Student failed to submit the final paper. |
3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. |
5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper |
7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. |
10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. |
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