Understanding Poverty and Inequality in Egypt
In 2015, a large share of Egypt's population was either poor (27.8 percent) or not poor but vulnerable to falling into poverty (an additional 28.7percent); most of the poor and vulnerable lived in the governorates of Upper Egypt. Clearly the c...
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Online Access: | http://documents.worldbank.org/curated/en/351121575640799887/Understanding-Poverty-and-Inequality-in-Egypt http://hdl.handle.net/10986/32812 |
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okr-10986-328122021-05-25T09:30:30Z Understanding Poverty and Inequality in Egypt World Bank LABOR MARKET VOCATIONAL AND TECHNICAL EDUCATION POVERTY REDUCTION INEQUALITY VULNERABILITY GENDER In 2015, a large share of Egypt's population was either poor (27.8 percent) or not poor but vulnerable to falling into poverty (an additional 28.7percent); most of the poor and vulnerable lived in the governorates of Upper Egypt. Clearly the country faces a challenge, but it also has the knowledge to craft solutions. Egypt's recent reforms have started to address some of the country’s economic sustainability challenges. Targeted social protection programs must continue to be an essential element of poverty reduction policy. Looking ahead, this report calls attention to the fact that re-orienting education investments towards more effective learning that raises people's employability and productivity and putting in place policies that encourage job creation will be key to sustained poverty reduction. Revitalizing education and job creation will be important for maximizing the poverty-reducing potential of the economic reform program. One of the hallmarks of healthy economies is a substantial middle class, a group often thought to be an engine of economic growth. In Egypt, a notable share of the population, close to 30 percent, can be considered middle class. Compared to the poor and vulnerable, the middle class has higher education, more assets, and better connectivity to basic services and spends a relatively large share of income on education and health. It is clearly a goal in developing countries to enlarge the middle class in order to strengthen the overall economy. 2019-12-09T17:40:53Z 2019-12-09T17:40:53Z 2019-06 Report http://documents.worldbank.org/curated/en/351121575640799887/Understanding-Poverty-and-Inequality-in-Egypt http://hdl.handle.net/10986/32812 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Poverty Assessment Middle East and North Africa Egypt, Arab Republic of |
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Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
LABOR MARKET VOCATIONAL AND TECHNICAL EDUCATION POVERTY REDUCTION INEQUALITY VULNERABILITY GENDER |
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LABOR MARKET VOCATIONAL AND TECHNICAL EDUCATION POVERTY REDUCTION INEQUALITY VULNERABILITY GENDER World Bank Understanding Poverty and Inequality in Egypt |
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Middle East and North Africa Egypt, Arab Republic of |
description |
In 2015, a large share of Egypt's
population was either poor (27.8 percent) or not poor but
vulnerable to falling into poverty (an additional
28.7percent); most of the poor and vulnerable lived in the
governorates of Upper Egypt. Clearly the country faces a
challenge, but it also has the knowledge to craft solutions.
Egypt's recent reforms have started to address some of
the country’s economic sustainability challenges. Targeted
social protection programs must continue to be an essential
element of poverty reduction policy. Looking ahead, this
report calls attention to the fact that re-orienting
education investments towards more effective learning that
raises people's employability and productivity and
putting in place policies that encourage job creation will
be key to sustained poverty reduction. Revitalizing
education and job creation will be important for maximizing
the poverty-reducing potential of the economic reform
program. One of the hallmarks of healthy economies is a
substantial middle class, a group often thought to be an
engine of economic growth. In Egypt, a notable share of the
population, close to 30 percent, can be considered middle
class. Compared to the poor and vulnerable, the middle class
has higher education, more assets, and better connectivity
to basic services and spends a relatively large share of
income on education and health. It is clearly a goal in
developing countries to enlarge the middle class in order to
strengthen the overall economy. |
format |
Report |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Understanding Poverty and Inequality in Egypt |
title_short |
Understanding Poverty and Inequality in Egypt |
title_full |
Understanding Poverty and Inequality in Egypt |
title_fullStr |
Understanding Poverty and Inequality in Egypt |
title_full_unstemmed |
Understanding Poverty and Inequality in Egypt |
title_sort |
understanding poverty and inequality in egypt |
publisher |
World Bank, Washington, DC |
publishDate |
2019 |
url |
http://documents.worldbank.org/curated/en/351121575640799887/Understanding-Poverty-and-Inequality-in-Egypt http://hdl.handle.net/10986/32812 |
_version_ |
1764477351207370752 |