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Review of Middle East Economics and Finance

Ed. by Dibeh, Ghassan / Assaf, Ata / Cobham, David / Hakimian, Hassan / Henry, Clement M.

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1475-3693
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Volume 10, Issue 3

Economic Policies, Structural Change and the Roots of the “Arab Spring” in Egypt

Hannah Bargawi
Published Online: 2014-11-27 | DOI: https://doi.org/10.1515/rmeef-2014-0034

Abstract

This paper analyses the economic challenges facing Egypt in the post-Mubarak period, demonstrating the ways in which economic policy choices over the 2000s have contributed to the economic and social outcomes witnessed in the run up to the 2011 uprisings. The article investigates three specific policy areas and demonstrates their role in reducing employment opportunities, eroding wages and facilitating the creation of an increasingly unequal economic and social structure in Egypt. The three policy areas addressed by the article are (i) the general misplaced fiscal focus on expenditure-reduction rather than revenue-enhancement and the lack of progressive revenue growth; (ii) the manipulation and use of subsidies in Egypt to appease the populous instead of fostering employment generation; (iii) the failure to adequately promote employment-intensive investment.

Keywords: Egypt; uprising; economic policies; growth; employment

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About the article

Published Online: 2014-11-27

Published in Print: 2014-12-01


Citation Information: Review of Middle East Economics and Finance, Volume 10, Issue 3, Pages 219–246, ISSN (Online) 1475-3693, ISSN (Print) 1475-3685, DOI: https://doi.org/10.1515/rmeef-2014-0034.

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