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Egypt has a stable economy in the Middle East and North Africa enjoying continuous growth, averaging 4%–5% in the past quarter-century. The economy embarked on various stages of development during which the public and private sectors played roles varying in relative importance:
Import substitution and nationalization, 1952–1966, during which the first program of industrialization in 1957 was established and led by the public sector in heavy industries such as iron and steel and chemical industries. Nationalization reduced the relative importance of the private sector. Inter-War, 1967–1973, adversely affected the performance of the economy and public sector role in import substitution. Openness Euphoria, 1974–1982 during which policies were introduced to encourage Arab and foreign investment through a series of incentives and liberalizing trade and payment; the economy expanded but this proved unsustainable and growth consequently scaled back. External Debt Crisis, 1982–1990, the external debt crisis and Paris Club re-scheduling and debt reduction. Economic Reform, 1991–2007, reform policies were introduced to meet the terms of international institutions, lenders and donors, including wider incentives to the role of the private sector in all economic activities. The World Food Crisis, 2008, soaring food prices, especially for grains, led to calls for the government to provide more immediate assistance to the population of more than 40% in the "poverty tunnel" and to strike a "new deal" on agriculture policy and reform. The World Global Financial Crisis, 2008–present, Egypt to face the repercussions of the global financial crisis on the national economy.
Indicator [2] 1981 1991 2001 2005 2006 GDP (PPP) per capita, (US$) 1,354.81 2,524.99 3,685.98 4,316.59 4,534.82 GDP per capita at constant prices, (EGP) 3,121.85 4,075.47 5,138.36 5,519.09 5,692.24 GDP per capita at current prices, (EGP) 411.20 2,098.71 5,493.28 7,890.65 8,707.88 GDP per capita at current prices, (US$) 587.42 869.30 1,460.98 1,315.75 1,517.85
Re: Предсказания?
Egypt has a stable economy in the Middle East and North Africa enjoying continuous growth, averaging 4%–5% in the past quarter-century. The economy embarked on various stages of development during which the public and private sectors played roles varying in relative importance:
Import substitution and nationalization, 1952–1966, during which the first program of industrialization in 1957 was established and led by the public sector in heavy industries such as iron and steel and chemical industries. Nationalization reduced the relative importance of the private sector.
Inter-War, 1967–1973, adversely affected the performance of the economy and public sector role in import substitution.
Openness Euphoria, 1974–1982 during which policies were introduced to encourage Arab and foreign investment through a series of incentives and liberalizing trade and payment; the economy expanded but this proved unsustainable and growth consequently scaled back.
External Debt Crisis, 1982–1990, the external debt crisis and Paris Club re-scheduling and debt reduction.
Economic Reform, 1991–2007, reform policies were introduced to meet the terms of international institutions, lenders and donors, including wider incentives to the role of the private sector in all economic activities.
The World Food Crisis, 2008, soaring food prices, especially for grains, led to calls for the government to provide more immediate assistance to the population of more than 40% in the "poverty tunnel" and to strike a "new deal" on agriculture policy and reform.
The World Global Financial Crisis, 2008–present, Egypt to face the repercussions of the global financial crisis on the national economy.
Indicator [2] 1981 1991 2001 2005 2006
GDP (PPP) per capita, (US$) 1,354.81 2,524.99 3,685.98 4,316.59 4,534.82
GDP per capita at constant prices, (EGP) 3,121.85 4,075.47 5,138.36 5,519.09 5,692.24
GDP per capita at current prices, (EGP) 411.20 2,098.71 5,493.28 7,890.65 8,707.88
GDP per capita at current prices, (US$) 587.42 869.30 1,460.98 1,315.75 1,517.85