Discusses this through 1994. Examines foreign debt, government reform and planning, agriculture, tourism, oil, trade and the future.
Written in 1995; 1,350 words; 18 sources; $ 47.95
From the Paper:
"The current difficulty confronting the Egyptian economy is the pressure on its resources, owing to one of the world's highest ratios of population to habitable and cultivable land, and its struggle to achieve a market-based economy. In order to combat this problem, since the 1991 Gulf War between the multinational forces and Iraq, Egypt has normalized its relations with international monetary organizations and, in response to their stipulations, has begun to implement a far-reaching program of public enterprises and the liberalization of trade (Egypt, 1993, p. 996).
Egypt's foreign debt, however, remains a heavy burden on the economy. Economic plan targets, announced May 1992, included an average GDP growth of 5.1 percent between 1993-1994 and 1996-1997; and the creation of 2.5 million jobs between those same ..."
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