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A Vision for Egypt in 2012

In: Economic Challenges Facing Middle Eastern and North African Countries

Author

Listed:
  • Heba Handoussa
  • Hanaa Kheir-El-Din

Abstract

Egypt faces a number of challenges as the twenty-first century approaches. Long-term projections indicate that the population and labor force will continue to grow rapidly, requiring 11 million new jobs and significant expansion of physical and social infrastructures. Globally, trade liberalization, technological change, and environmental concerns demand adjustments in production structures and institutional frameworks as competition mounts from countries in South and Southeast Asia and Eastern Europe. To meet these challenges, Egypt must integrate its economy with the world system by achieving a balanced macroeconomy, increasing competitiveness, reducing protection, and adopting free market policies.

Suggested Citation

  • Heba Handoussa & Hanaa Kheir-El-Din, 1998. "A Vision for Egypt in 2012," Palgrave Macmillan Books, in: Nemat Shafik (ed.), Economic Challenges Facing Middle Eastern and North African Countries, chapter 4, pages 53-77, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-26124-6_4
    DOI: 10.1007/978-1-349-26124-6_4
    as

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