Egypt : Social and Structural Review
A social and structural review (SSR) identifies the strategic policy priorities that are likely to yield the highest returns in terms of poverty reduction and development. This SSR identifies those priorities by providing a systematic evaluation of...
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Format: | Pre-2003 Economic or Sector Report |
Language: | English en_US |
Published: |
Washington, DC
2013
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2001/06/1346445/egypt-social-structural-review http://hdl.handle.net/10986/15535 |
Summary: | A social and structural review (SSR)
identifies the strategic policy priorities that are likely
to yield the highest returns in terms of poverty reduction
and development. This SSR identifies those priorities by
providing a systematic evaluation of economic policy and
structure in order to identify a) the main constraints on
poverty reduction and long run development in Egypt and b)
the sources of vulnerability, particularly as Egypt
considers further global integration through entering into
foreign trade agreements. The five priorities for reform
include: 1) In order to maintain Egypt's robust
economic performance of the late 1990s, the Government will
need to continue to maintain stability of the macroeconomic
environment by strengthening economic management which may
have been pushed off-course by exogenous shocks in the
latter half of the 1990s. 2) Trade liberalization remains as
an unfinished and critical area for further reform. By
sharply reducing tariffs and other trade taxes, especially
on manufactures, Egypt can achieve productivity gains and
wage growth. 3) It is important to revisit government
regulations that increase the cost of doing business in
Egypt. 4) Expenditures of the bottom half of population
appear to be fairly compressed. 5) The quality of life of
population is in part determined by public services such as
those that enhance health, education, sanitation, clean
water, and air quality. |
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