Egypt & Financial Crisis
Financial crisis that occurred in August 2008 was unforeseen, sudden, sharp, and had a great impact on the global financial market. Egypt is one of the countries was affected by this financial crisis as a market economy country, and WTO member. in this paper I will try to study the implication of such crisis on the Egyptian economy in the fields of tourism, Suez canal, oil field, and GDP, not only the economy factor were effected, but also the Egyptian market represented in its components such as stock market, employment, housing market and etc…). What were measures taken by Egypt for the crisis intervention?, this what will we conclude from this paper and examine the fiscal stimulus package taken by Egyptian Government.
|Date of creation:||11 Dec 2011|
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