الفهرس 
المقدمةيوجد فقط 14 صفحة متاحة للعرض العام
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المستخلص
Inflation is considered as one of the economic phenomena that received considerable attention in economic thought.There are many definitions of inflation, butgenerally it can be defined as asustainedincrease in the general price level,and then deterioration of the purchasing power of the national currency unit.The Egyptian economy is characterized by a number of structural characteristics that continuously feeded the inflationary pressures. High Egyptian inflation ratescan be viewed as a reflection of the failure of Egyptian economic policies (both fiscal and monetary policies) in achieving a stable general price level.This study examined the trends ofthe Egyptianinflation rates during the period from 1970 through2012, andtried to determine the effectiveness of both fiscal and monetary policies adopted during that periodin treatment of inflation. The study found that one of the main reasons of high inflation rates during the 1970s (according to the GDP deflator,the average rate of inflation was 9,60%) was the failure of fiscal and monetary policies in reducinginflation rates.Government applied an expansionary economic policy (both fiscal and monetary): high public budget deficits financedby issuing new cash, therefore a continuous feeding of inflationary pressures. By the 1980s, the study found that one of the main reasons of high inflation rates (according to the GDP deflator, the average rate of inflation was 13.3%)was the contradiction between fiscal and monetary policies. The basic target of the fiscal policy was to reduce the public deficit as a percentage of GDP, therefore the government applied a tight fiscal policy. While the Egyptian Central Bankappliedan expansionary monetary policyto finance the budget deficit. The study also found that the decreased inflation rates during the 1990s(according to the GDP deflator, the average rate of inflation was 10,49%)due to thecontractionary fiscal and monetary policies applied during that subperiod. This reflects the coordination and consistency between fiscal and monetary policies. Finally, the study found that the general upward trend of inflation rates during the subperiod 2000-2012 (according to the GDP deflator, the average rate of inflation was 9,15%.)reflects the failure of fiscal and monetary policies in reducing inflation rates. Government applied an expansionary economic policy (both fiscal and monetary). The Government stimulated the domestic demand, using the public deficit which had been financed byissuing new cash. That means both monetary and fiscal policiessupported the inflationary pressures.