Project

The graduation project titled “The Validity of the Phillips Curve in Egypt from 1990–2023” is a theoretical research study that investigates the relationship between inflation and unemployment in the Egyptian economy over more than three decades.

Objectives:

To examine whether the traditional Phillips Curve trade-off between inflation and unemployment holds true in the Egyptian context.

To analyze the long-term dynamics of inflation and unemployment during periods of economic reform, crises, and policy shifts.

To provide a theoretical framework that links Egypt’s macroeconomic performance with global economic trends.

Scope of the Study:

Covers the period 1990–2023, including key economic phases such as structural adjustment programs, global financial crises, and the COVID-19 pandemic.

Uses secondary data sources and literature reviews to assess the validity of the Phillips Curve.

Compares Egypt’s case with theoretical expectations and previous empirical studies.

Key Findings & Value:

The research highlights the extent to which the Phillips Curve can (or cannot) explain the inflation–unemployment trade-off in Egypt. The project provides valuable insights for policymakers, economists, and researchers interested in the effectiveness of monetary and fiscal policy in emerging economies.