2 resultados para Mythology, Egyptian

em Academic Research Repository at Institute of Developing Economies


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This paper describes and analyzes the major features of economic development and poverty reduction in Egypt during its transition to a market Economy. It focuses on the changes in the situation of poverty and economic policies pursued as remedies by the government of Egypt and the ruling NDP. Sustainable development and poverty reduction is the core of the President Mubarak’s election campaign for his fifth term for the presidency. We attempt to explain the obstacles encountered by the Egyptian economy in terms of adjustments and general economic arguments on poverty. Finally, we refer to the necessity for enhanced accountability in the society to accomplish the goal.

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Since the second transition period started July 2013, the Egyptian armed forces have once again played a critical role in building a new political system. Although the Supreme Council of the Armed Forces (SCAF) had not come to the front this time, it controlled the transition process and succeeded in keeping the privileges of the military in both political and economic fields. This paper focuses on the economic role of the military under the regime of Abdel Fattah el-Sisi. Large scale economic activity of the military started in the mid-1970s. The military expanded its grip on the domestic economy and became one of the largest producers in Egyptian civil industry. In addition to controlling a huge business empire, the military under the Sisi administration is an entity supportive of national development goals. As the backer of the current regime, the armed forces have taken on a new responsibility as a central role player in economic development.