MANSOUR, Tamer Abdel-Aziz (2011): Egypt & Financial Crisis.
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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.
Item Type: | MPRA Paper |
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Original Title: | Egypt & Financial Crisis |
Language: | English |
Keywords: | Financial crisis;Suez canal;oil field;GDP;measures;fiscal stimulus;Egyptian Government |
Subjects: | A - General Economics and Teaching > A1 - General Economics A - General Economics and Teaching > A2 - Economic Education and Teaching of Economics |
Item ID: | 37370 |
Depositing User: | Tamer Abdel-Aziz MANSOUR |
Date Deposited: | 18 Mar 2012 13:33 |
Last Modified: | 27 Sep 2019 03:41 |
References: | GAO (Government Accountability Office) in U.S.A 2004 The global financial crisis: effects on the Egyptian economy, Akram Hanna Khalil Impact of Global Economic Crisis on Tourism Sector in Egypt: A System Dynamics Approach Assem Reda Abu Hatab, Egypt within the Frameworkof the Global Financial Crisis:Impact, Response and WayForward The impact of the global financial crisis on the world oil market and its implications for the GCC countries, paper was prepared within the framework of the ESCWA Initiative on Responding to the International Financial Crisis CIA World Fact Book - Egypt's Economy (https:/ / www. cia. gov/ library/ publications/ the-world-factbook/ geos/ eg. html) Ministry of investment of Egypt 2011 Center for Trade Union and Workers Services (CTUWS), Impacts of the Global Financial Crisis on Egyptian Workers The Third Report – May 2009 ILO, and American chamber of commerce in Egypt, impact of economic crisis on trade, foreign investment, and employment in Egypt, February 2010. Center for trade union and workers services 2009 Centre for Trade Union and Workers Services (2009) http://globalarabnetwork.com/economics-and development/property/4344-2011-05-29-15-39-45 Central bank of Egypt, ECONOMIC REVIEW,Vol. 49 No. 1, 2008/2009 Karl Marx, Capital Vol. III, Part V, Chapter 30, Money-Capital and Real Capital. I, http://www.marxists.org/. John Maynard Keynes, The General Theory of Employment, Interest and Money, Chapter 12, The State of Long-Term Expectation.http://www.marxists.org/. Global Financial Crisis: Lessons in Theory and Policy, The Marxist , Volume XXIV, No. 3 July-September 2008, PRASENJIT BOSE ROHIT World Trade Indicators 2009/10 Egyptian gazette. 15 January 2009, vol no, 12. Egypt Response to the Global Crises, Egyptian Ministry of Finance, Macro Fiscal Policy Unit , June 009 Egypt Response to the Global Crises, Egyptian Ministry of Finance, Macro Fiscal Policy Unit , June 009 |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/37370 |