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Egypt & Financial Crisis

Author

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  • MANSOUR, Tamer Abdel-Aziz

Abstract

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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    File URL: https://mpra.ub.uni-muenchen.de/37370/1/MPRA_paper_37370.pdf
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    Cited by:

    1. Safwat Alaa & Salah Ashraf & Elsherif Marwa, 2021. "The Impact of Foreign Direct Investment on the Economic Growth of Egypt (1980-2018)," International Journal of Economics and Financial Issues, Econjournals, vol. 11(5), pages 74-85.

    More about this item

    Keywords

    Financial crisis; Suez canal; oil field; GDP; measures; fiscal stimulus; Egyptian Government;
    All these keywords.

    JEL classification:

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

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