Rethinking the Role of Government: A Framework for Coping with Globalization

An examination of the potential role of the Government of Egypt in the context of increasing globalization of financial markets, manufacturing and agriculture, and the information and transportation infrastructures on which they depend, suggests the need for a multi-faceted strategy for longer range involvement in the world economy. Three components of such a strategy are suggested: first, establish explicit national objectives against which resource allocation and other governmental decisions can be assessed on a continuing basis; second, reform the legislative, judicial and administrative institutions to enhance the nation's ability to achieve its identified goals; and third, develop and exploit Egypt's nique resources that can contribute to and enhance the nation's role in the global economy.