المستخلص: |
The research aims to study the role of coordination between fiscal and monetary policies and the development and analysis of public debt in Egypt and to highlight the impact of the asymmetry of fiscal and monetary policies in raising the level and burdens of the Egyptian public debt, addition to the study of the case of South Korea as one of the successful models in coordination between fiscal and monetary policies, which enjoyed low public debt in terms of level, cost of issuance and debt burden, While South Korea has managed to achieve relatively low levels of public debt due to the consistency between fiscal and monetary policies and a good management of public debt with the availability of institutional and operational frameworks in addition to following a set of financial and monetary rules that enabled it to achieve financial safety significantly, the study recommends that Taking advantage of South Korea's experience in developing financial markets, especially the government bond market, in addition to supporting the independence of the Central Bank, and utilizing the means of communication and smart applications in cash programming.
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