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Egypt & Financial Crisis


  • MANSOUR, Tamer Abdel-Aziz


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.

Suggested Citation

  • MANSOUR, Tamer Abdel-Aziz, 2011. "Egypt & Financial Crisis," MPRA Paper 37370, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:37370

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    References listed on IDEAS

    1. Carmen Pagés & Claudio E. Montenegro, 1999. "Job Security and the Age-Composition of Employment: Evidence from Chile," IDB Publications (Working Papers) 1093, Inter-American Development Bank.
    2. Eduardo Lora, 2001. "Structural Reforms in Latin America: What Has Been Reformed and How to Measure It," IDB Publications (Working Papers) 3338, Inter-American Development Bank.
    3. Raphael Bergoeing & Patrick J. Kehoe & Timothy J. Kehoe & Raimundo Soto, 2002. "Policy-Driven Productivity in Chile and Mexico in the 1980's and 1990's," American Economic Review, American Economic Association, vol. 92(2), pages 16-21, May.
    4. Carmen Pagés & Claudio E. Montenegro, 2007. "Job security and the age-composition of employment: evidence from Chile," Estudios de Economia, University of Chile, Department of Economics, vol. 34(2 Year 20), pages 109-139, December.
    5. Escaith, Hubert & Paunovic, Igor, 2004. "Reformas estructurales en América Latina y el Caribe en el período 1970-2000," Documentos de Proyectos 10, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
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    More about this item


    Financial crisis; Suez canal; oil field; GDP; measures; fiscal stimulus; Egyptian Government;

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • A2 - General Economics and Teaching - - Economic Education and Teaching of Economics

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