By Chang-Po Yang
This document summarizes Egypt's fresh fiscal development, highlights key possibilities and demanding situations presently dealing with its executive and folks, and descriptions a technique for securing its destiny prosperity close to a brand new millennium. at the exterior entrance, it emphasizes reforming the alternate regime, boosting exports, and moving into a partnership contract with the eu Union. at the family entrance, it outlines quite a number structural reforms to advertise better reductions and effective funding and regulations to make sure that macroeconomic balance is maintained.
Read or Download Egypt in the Global Economy: Strategic Choices for Savings, Investments, and Long-Term Growth (Middle East and North Africa Economic Series) PDF
Best egypt books
Spanning greater than millennia, Reflections of Osiris opens a small window right into a undying international, taking pictures the flavour of lifestyles in historical Egypt via vibrant profiles of 11 genuine humans and the god Osiris. a few of the figures profiled listed here are well-known. Ray discusses Imhotep, whom he calls "Egypt's Leonardo"--the royal architect of the Step Pyramid, excessive priest of the solar cult, and a guy of significant clinical ability.
Muslim preaching has been important in forming public opinion, construction grassroots organisations, and constructing management cadres for the broader Islamist time table. in keeping with in-depth box study in Egypt, Patrick Gaffney makes a speciality of the preacher and the sermon because the unmarried most vital medium for propounding the message of Islam.
Ethiopia is a finished remedy of this historic country's heritage coupled with an exploration of the state this present day. prepared by way of extensive themes, the e-book presents an summary of Ethiopia's actual and human geography, its heritage, its procedure of presidency, and the current monetary state of affairs. however the ebook additionally provides an image of up to date society and tradition and of the Ethiopian humans.
It really is too usually forgotten that each Assyrian "historical" inscription functioned in a really particular context. This context stimulated its content material and how during which it was once perceived via old audience and readers. Russell's objective is to handle the reconstruction of the context of those inscriptions with a view to elucidate their unique effect.
- The Egyptian Economy, 1952-2000: Performance Policies and Issues (Routledge Studies in Middle Eastern Economies)
- False Papers
- Contemporary Egypt: Through Egyptian Eyes: Essays in Honour of P.J. Vatikiotis
- Egypt: A Short History
- Popular Culture in Medieval Cairo (Cambridge Studies in Islamic Civilization)
Additional resources for Egypt in the Global Economy: Strategic Choices for Savings, Investments, and Long-Term Growth (Middle East and North Africa Economic Series)
Export and Sales Push Egypt's export growth has lagged behind that of global trade. 1 billion. 2 billion loss of export earnings and to attribute it to a combination of factors. 9 billion). 27 percent share of global export trade that it achieved in 1970. A key issue is to determine what policies and institutions can help to expand exports, and enable Egypt to catch up with the growing trend in globalization. Account must be taken of the changing external environment. ' The technological and managerial changes that have occurred in the last decade or so have induced the OECD countries to adopt structural reforms to enhance the competitiveness of firms headquartered in their territories.
Valuing the depletion of oil and gas indicates that total income generating assets have not increased much in Egypt in the 1990s. In other words, the genuine savings rate (as a percentage of GDP) is close to zero. 9). Projections of oil and gas production indicate that Egypt's income from resource extraction could increase over the next several years, due to substantial growth of gas production, but would then gradually fall. Egypt could become a net energy importer by the year 2010, in light of increasing domestic energy demand.
Other forms of capital will have to be created to replace the income from oil and gas if the growth of national income is to be maintained. ) and natural resources (oil and gas, and so forth). For this reason, the concept of genuine saving has been developed (World Bank 1997). Genuine saving, simply defined, is gross national saving, less depreciation of capital stock, and less depletion of natural resources. Within this framework, rates of gross national saving will have to be much higher for economies that depend on extraction of natural resources.