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...

Full description

Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/351121575640799887/Understanding-Poverty-and-Inequality-in-Egypt
http://hdl.handle.net/10986/32812
id okr-10986-32812
recordtype oai_dc
spelling 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
repository_type 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
spellingShingle LABOR MARKET
VOCATIONAL AND TECHNICAL EDUCATION
POVERTY REDUCTION
INEQUALITY
VULNERABILITY
GENDER
World Bank
Understanding Poverty and Inequality in Egypt
geographic_facet 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