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dc.description.abstractFollowing a mean 7 per cent growth rate from 2005 to 2007 and over 5 per cent from 2008 to 2010, the economic growth of Egypt fell to 1.8 per cent in 2011, following the social upheavals. Political instability and structural deficiencies in the economy seriously affected growth from 2011 to 2014. The return to relative political stability and a review of the constitution in January 2014, as well as the presidential elections in June 2014, coupled with structural reforms, helped to revitalize the economy of Egypt to restore growth to pre-crisis levels. This pushed the human development index (HDI) from 0.452 to 0.621 from 1980-2000. From that date, social progress has been relatively slow. Indeed, from 2000 to 2014, the HDI only increased by 0.061. Streamlining budget expenditure, following the increase in public deficits, coincides with the need to step up the efficiency of social expenditure. It became necessary to reform the subsidy system, a costly venture for Government, which absorbs over 25 per cent of public expenditure and amounts to 13 per cent of GDP. The system reform should also affect food and energy subsidies, and in the long run, lead to price liberalization, but taking into account the plight of the most vulnerable populations. The Government is relying on the sharp fall in oil prices to cushion the effect of these reforms for the people.en
dc.titleCountry profile Egypt 2015en
ags.descriptionNotesIncludes bibliographical references and annexes.en
ags.publisherPlaceAddis Ababa:en
ags.publisherNameUN. ECA,en
dc.coverage.spatialEGYPT
dc.date.accessioned2016-05-12T07:37:01Z
dc.date.available2016-05-12T07:37:01Z
dc.date.issued2016-03
dc.identifier.isbn9789994468218
dc.identifier.urihttps://hdl.handle.net/10855/23089
dc.format.extent28 p.
dc.languageeng
dc.typeReports
uneca.subject.fulltaxonomyUNBIS::DEVELOPPEMENT ECONOMIQUE ET FINANCEMENT DU DEVELOPPEMENT::CONDITIONS ECONOMIQUES::CONDITIONS ECONOMIQUES
uneca.subject.fulltaxonomyUNBIS::DESARROLLO ECONOMICO Y FINANCIACION DEL DESARROLLO::CONDICIONES ECONOMICAS::CONDICIONES ECONOMICAS
uneca.subject.fulltaxonomyUNBIS::DEVELOPPEMENT ECONOMIQUE ET FINANCEMENT DU DEVELOPPEMENT::CONDITIONS ECONOMIQUES::REFORME ECONOMIQUE
uneca.subject.fulltaxonomyUNBIS::DESARROLLO ECONOMICO Y FINANCIACION DEL DESARROLLO::CONDICIONES ECONOMICAS::REFORMA ECONOMICA
uneca.subject.fulltaxonomyUNBIS::DEVELOPPEMENT ECONOMIQUE ET FINANCEMENT DU DEVELOPPEMENT::CONDITIONS ECONOMIQUES::AJUSTEMENT STRUCTUREL
uneca.subject.fulltaxonomyUNBIS::DESARROLLO ECONOMICO Y FINANCIACION DEL DESARROLLO::CONDICIONES ECONOMICAS::AJUSTE ESTRUCTURAL
uneca.subject.fulltaxonomyUNBIS::QUESTIONS SOCIALES::DEVELOPPEMENT SOCIAL::CONDITIONS SOCIALES
uneca.subject.fulltaxonomyUNBIS::CUESTIONES SOCIALES::DESARROLLO SOCIAL::CONDICIONES SOCIALES
uneca.subject.fulltaxonomyUNBIS::QUESTIONS SOCIALES::DEVELOPPEMENT SOCIAL::DEVELOPPEMENT SOCIAL
uneca.subject.fulltaxonomyUNBIS::CUESTIONES SOCIALES::DESARROLLO SOCIAL::DESARROLLO SOCIAL
uneca.subject.fulltaxonomyUNBIS::QUESTIONS SOCIALES::ASSISTANCE ET SERVICES SOCIAUX::POLITIQUE SOCIALE
uneca.subject.fulltaxonomyUNBIS::CUESTIONES SOCIALES::ASISTENCIA Y SERVICIOS SOCIALES::POLITICA SOCIAL
uneca.classification.fulltaxonomySubject Categories::DEVELOPPEMENT ECONOMIQUE ET FINANCEMENT DU DEVELOPPEMENT::02.02.00 CONDITIONS ECONOMIQUES
uneca.classification.fulltaxonomySubject Categories::DESARROLLO ECONOMICO Y FINANCIACION DEL DESARROLLO::02.02.00 CONDICIONES ECONOMICAS
uneca.classification.fulltaxonomySubject Categories::QUESTIONS SOCIALES::14.05.03 DEVELOPPEMENT SOCIAL
uneca.classification.fulltaxonomySubject Categories::CUESTIONES SOCIALES::14.05.03 DESARROLLO SOCIAL
uneca.workflow.processedtrue
ags.creatorCorporateUnited Nations.Economic Commission for Africa.Northern Africa Subregional Development Center (SRDC-NA)
ags.subjectThesaurusECONOMIC CONDITIONS
ags.subjectThesaurusECONOMIC REFORM
ags.subjectThesaurusSTRUCTURAL ADJUSTMENT
ags.subjectThesaurusSOCIAL CONDITIONS
ags.subjectThesaurusSOCIAL DEVELOPMENT
ags.subjectThesaurusSOCIAL POLICY
ags.subjectThesaurusCONDITIONS ECONOMIQUES
ags.subjectThesaurusCONDICIONES ECONOMICAS
ags.subjectThesaurusREFORME ECONOMIQUE
ags.subjectThesaurusREFORMA ECONOMICA
ags.subjectThesaurusAJUSTEMENT STRUCTUREL
ags.subjectThesaurusAJUSTE ESTRUCTURAL
ags.subjectThesaurusCONDITIONS SOCIALES
ags.subjectThesaurusCONDICIONES SOCIALES
ags.subjectThesaurusDEVELOPPEMENT SOCIAL
ags.subjectThesaurusDESARROLLO SOCIAL
ags.subjectThesaurusPOLITIQUE SOCIALE
ags.subjectThesaurusPOLITICA SOCIAL
ags.subjectThesaurusEGYPT
ags.subjectClassification02.02.00 ECONOMIC CONDITIONS
ags.subjectClassification14.05.03 SOCIAL DEVELOPMENT
ags.subjectClassification02.02.00 CONDITIONS ECONOMIQUES
ags.subjectClassification02.02.00 CONDICIONES ECONOMICAS
ags.subjectClassification14.05.03 DEVELOPPEMENT SOCIAL
ags.subjectClassification14.05.03 DESARROLLO SOCIAL
ags.availabilityNumber338.1(620)
ags.availabilityNumberC8537
ags.availabilityLocationECA-HQ
ags.rights.termsofusepublic
ags.JNb11561269
ags.flagshipPublicationCountry profiles
uneca.language.supporteden


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