Poverty and Economic Growth in Egypt, 1995-2000

Poverty and Economic Growth in Egypt, 1995-2000
Author: Arup Banerji
Publisher: World Bank Publications
Total Pages: 32
Release: 2003
Genre: Egypt
ISBN:

After a decade of slow economic growth Egypt's rate of growth recovered in the late 1990s, averaging more than five percent a year. But the effect of this growth on poverty patterns has not been systematically examined using consistent, comparable household datasets. In this paper, the authors use the rich set of unit-level data from the most recent Egyptian household surveys (1995-96 and 1999-2000) to assess changes in poverty and inequality between 1995 and 2000. Their analysis is based on household-specific poverty lines that account for the differences in regional prices, as well as differences in the consumption preferences and size and age composition of poor households. The results show that average household expenditures rose in the second half of the 1990s and the poverty rate fell from 20 percent to less than 17 percent. But, in addition to the ongoing divide in the urban-rural standard of living, a new geographical/regional divide emerged in the late 1990s. Poverty was found predominantly among less-educated individuals, particularly those working in agriculture and construction, and among seasonal and occasional workers. These groups could suffer the most from the slowing economic growth evident after 1999-2000.

Inside Inequality in the Arab Republic of Egypt

Inside Inequality in the Arab Republic of Egypt
Author: Paolo Verme
Publisher: World Bank Publications
Total Pages: 155
Release: 2014-04-08
Genre: Business & Economics
ISBN: 1464801983

Inside Inequality in the Arab Republic of Egypt: Facts and Perceptions Across People, Time, and Space comprises four papers prepared in the framework of the Egypt inequality study financed by the World Bank. The first paper, by Sherine Al-Shawarby, reviews the studies on inequality in Egypt since the 1950s with the double objective of illustrating the importance attributed to inequality through time and of presenting and compare the main published statistics on inequality. The second paper, by Branko Milanovic, turns to the global and spatial dimensions of inequality. The Egyptian society remains deeply divided across space and in terms of welfare, and this study unveils some of the hidden features of this inequality. The third paper, by Paolo Verme, studies facts and perceptions of inequality during the 2000-2009 period, which preceded the Egyptian revolution. The fourth paper, by Sahar El Tawila, May Gadallah, and Enas Ali A.El-Majeed, assesses the state of poverty and inequality among the poorest villages of Egypt. The paper attempts to explain the level of inequality in an effort to disentangle those factors that derive from household abilities from those factors that derive from local opportunities. Inside Inequality in the Arab Republic of Egypt provides some initial elements that could explain the apparent mismatch between inequality measured with household surveys and inequality aversion measured by values surveys. This is a particularly important and timely topic to address in light of the unfolding developments in the Arab region. The book should be of interest to any observer of the political and economic evolution of the Arab region in the past few years and to poverty and inequality specialists interested in a deeper understanding of the distribution of incomes in Egypt and other countries in the Middle East and North Africa region. World Bank Studies are available individually or on standing order. The World Bank Studies series is also available online through the Open Knowledge Repository (https://openknowledge.worldbank.org/) and the World Bank e-Library (www.worldbank.org/elibrary). Book jacket.

Poverty and Economic Growth in Egypt, 1995-2000

Poverty and Economic Growth in Egypt, 1995-2000
Author: Heba El-laithy
Publisher:
Total Pages: 28
Release: 2016
Genre:
ISBN:

After a decade of slow economic growth Egypt's rate of growth recovered in the late 1990s, averaging more than five percent a year. But the effect of this growth on poverty patterns has not been systematically examined using consistent, comparable household datasets. In this paper El-Laithy, Lokshin, and Banerji use the rich set of unit-level data from the most recent Egyptian household surveys (1995-96 and 1999-2000) to assess changes in poverty and inequality between 1995 and 2000. Their analysis is based on household-specific poverty lines that account for the differences in regional prices, as well as differences in the consumption preferences and size and age composition of poor households. The results show that average household expenditures rose in the second half of the 1990s and the poverty rate fell from 20 percent to less than 17 percent. But, in addition to the ongoing divide in the urban-rural standard of living, a new geographical/regional divide emerged in the late 1990s. Poverty was found predominantly among less-educated individuals, particularly those working in agriculture and construction, and among seasonal and occasional workers. These groups could suffer the most from the slowing economic growth evident after 1999-2000.This paper - a product of the Poverty Team, Development Research Group - is part of a larger effort in the group to understand the impact of economic growth on poverty.

The Egyptian Economy in the Twenty-first Century

The Egyptian Economy in the Twenty-first Century
Author: Khalid Ikram
Publisher: American University in Cairo Press
Total Pages: 354
Release: 2022-11-29
Genre: History
ISBN: 1649033001

A multi-faceted account of Egyptian economic development by nineteen internationally recognized authorities and the critical challenges the economy is likely to face in the next twenty years The Egyptian Economy in the Twenty-first Century addresses the question of why Egypt, despite possessing a plethora of assets—such as a fertile agriculture, a strategic geographic location, oil and gas deposits, innumerable tourist sites, a labor force prized by regional countries, and a diaspora that remits large amounts of funds—has seldom performed to its economic potential during the last sixty years. Indeed, economic weakness created political weakness, and often exposed the country to foreign diktats. What should the country do to change this state of affairs? Nineteen internationally recognized authorities on the Egyptian economy discuss the critical challenges that the Egyptian economy is likely to face in the next two to three decades, challenges which must be overcome in order to improve the life of Egypt’s citizens and to protect the country from external pressures. Their analyses cover population and employment; development strategies; principal macroeconomic issues; development of a digital economy; fiscal and monetary matters; the external sector; poverty and income distribution; the enterprise structure; higher education; water availability; urbanization; institutional performance; and many others. Contributors: - Gouda Abdel Khalek, Cairo University, Cairo, Egypt - Khaled M. Abu-Zeid, Regional Water Resources, CEDARE (Center for Environment and Development for the Arab Region and Europe), Cairo, Egypt. - Fatma El Ashmawy, World Bank. - Ragui Assaad, University of Minnesota, Twin Cities of Minneapolis and Saint Paul, Minnesota, USA - Izak Atiyas, Economic Research Forum, Cairo, Egypt. - Marwa Biltagy, Cairo University, Cairo, Egypt. - Lahcen Bounader, International Monetary Fund. - Ishac Diwan, École Normale Supérieure, Paris, France. - Ahmed Ghoneim, Cairo University, Cairo, Egypt. - Khalid Ikram, Washington DC, USA. - Karima Korayem, al-Azhar University, Cairo, Egypt. - Heba el-Laithy, Cairo University, Cairo, Egypt. - Noha el-Mikawy, Ford Foundation, Middle East and North Africa, Cairo, Egypt. - Mohamed Mohieddin, Menoufia University, Menoufia, Egypt. - Heba Nassar, Cairo University, Cairo, Egypt. - Osman Mohamed Osman, Cairo, Egypt. - Noha Razek, University of Regina, Regina, Saskatchewan, Canada. - David Sims, Cairo, Egypt. - John Waterbury, Princeton, New Jersey.

Beyond Economic Growth

Beyond Economic Growth
Author: Tatyana P. Soubbotina
Publisher: World Bank Publications
Total Pages: 176
Release: 2000-01-01
Genre: Business & Economics
ISBN: 9780821348536

The book, which draws on data published by the World Bank, is addressed to teachers, students, and all those interested in exploring issues of global development.

Economic Growth in the 1990s

Economic Growth in the 1990s
Author: World Bank
Publisher: World Bank Publications
Total Pages: 384
Release: 2005
Genre: Business & Economics
ISBN: 9780821360439

This report was prepared by a team led by Roberto Zagha, under the general direction of Gobind Nankani.

The Growth Report

The Growth Report
Author: Commission on Growth and Development
Publisher: World Bank Publications
Total Pages: 198
Release: 2008-07-23
Genre: Business & Economics
ISBN: 0821374923

The result of two years work by 19 experienced policymakers and two Nobel prize-winning economists, 'The Growth Report' is the most complete analysis to date of the ingredients which, if used in the right country-specific recipe, can deliver growth and help lift populations out of poverty.

Understanding Growth and Poverty

Understanding Growth and Poverty
Author: Raj Nallari
Publisher: World Bank Publications
Total Pages: 526
Release: 2011
Genre: Social Science
ISBN: 0821369547

Provides an understanding of economic policies for poverty reduction in developing countries. The policy areas include the various roles of government in ensuring the effective operation of a market economy, conducting fiscal policy, and influencing the money supply, exchange rates, and the financial sector.

Confronting Inequality

Confronting Inequality
Author: Jonathan D. Ostry
Publisher: Columbia University Press
Total Pages: 182
Release: 2019-01-08
Genre: Business & Economics
ISBN: 0231527616

Inequality has drastically increased in many countries around the globe over the past three decades. The widening gap between the very rich and everyone else is often portrayed as an unexpected outcome or as the tradeoff we must accept to achieve economic growth. In this book, three International Monetary Fund economists show that this increase in inequality has in fact been a political choice—and explain what policies we should choose instead to achieve a more inclusive economy. Jonathan D. Ostry, Prakash Loungani, and Andrew Berg demonstrate that the extent of inequality depends on the policies governments choose—such as whether to let capital move unhindered across national boundaries, how much austerity to impose, and how much to deregulate markets. While these policies do often confer growth benefits, they have also been responsible for much of the increase in inequality. The book also shows that inequality leads to weaker economic performance and proposes alternative policies capable of delivering more inclusive growth. In addition to improving access to health care and quality education, they call for redistribution from the rich to the poor and present evidence showing that redistribution does not hurt growth. Accessible to scholars across disciplines as well as to students and policy makers, Confronting Inequality is a rigorous and empirically rich book that is crucial for a time when many fear a new Gilded Age.