The Impacts of the Informal Sector on the Egyptian Economy PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Impacts of the Informal Sector on the Egyptian Economy PDF full book. Access full book title The Impacts of the Informal Sector on the Egyptian Economy by Hussein Elasrag. Download full books in PDF and EPUB format.
Author: Hussein Elasrag
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
The informal sector is economic activity that is neither taxed nor monitored by a government, and is not included in that government's Gross National Product (GNP), as opposed to a formal economy. Although the informal economy is often associated with developing countries, where up to 60% of the labor force (with as much 40% of GDP) works, all economic systems contain an informal economy in some proportion. The term informal sector was used in many earlier studies, and has been mostly replaced in more recent studies which use the newer term. This research aims to study the impacts of the informal sector on the Egyptian economy.
Author: Hussein Elasrag
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
The informal sector is economic activity that is neither taxed nor monitored by a government, and is not included in that government's Gross National Product (GNP), as opposed to a formal economy. Although the informal economy is often associated with developing countries, where up to 60% of the labor force (with as much 40% of GDP) works, all economic systems contain an informal economy in some proportion. The term informal sector was used in many earlier studies, and has been mostly replaced in more recent studies which use the newer term. This research aims to study the impacts of the informal sector on the Egyptian economy.
Author: Nesma Mohamed Ali
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
Despite the impressive economic growth of African economies since 2000s, the actual context is threatening the sustainable development of the private sector. Large institutional imperfections and poor business environment are hindering the development of firms and are paving the way for a more persistent informal sector. This thesis reopens the controversial debate about the informal sector by looking at its entrepreneurial capacity rather than its threats. In order to understand the strong persistence of this sector despite its confirmed negative impacts, we investigate the extent to which the relationship between formal and informal firms, through market competition, could affect the Egyptian economy. We find that more intense competition stemming from informal firms can drive formal firms to become more productive. We also extend our analysis to Sub-Saharan African countries by underlining the effect of taxation and regulation on the strength of competition between formal and informal firms. Our findings call on the importance of introducing the informal sector in undertaken policies that target the reform of taxation and regulations in Africa. These policies should also target the firms' access to source of finance, infrastructure and training as effective tools inducing the formalization process and fostering economic growth. Therefore, this thesis provides evidence on the importance of revisiting the impacts of the informal sector in developing countries by looking at it as a driver of economic growth rather than a threat.
Author: Breisinger, Clemens
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages :
Get Book Here
Book Description
The COVID-19 crisis may lead to a 1.1 percent decline in Egypt’s GDP during the 4th quarter (April to June) of the 2019/20 fiscal year, compared to the same quarter in 2018/19. Without the Government of Egypt’s COVID-19 emergency response package, GDP in Q4 may have declined by 8.7 percent. Tak-ing the emergency response pack-age into account, we estimate an annual growth rate of 3.8 percent for FY 2019/20. Without the emer-gency response package, annual growth for FY 2019/20 may have been as low as 1.9 percent. The services sector is hit hardest, falling by 10.9 percent, followed by industry at -8.3 percent. Agriculture is the most resilient sector. However, these losses are lower than those expected in comparable countries, especially those that resorted to extended periods of full lockdowns. Impacts on Egypt’s agri-food system are less severe than elsewhere in the economy. Most damage will occur in nonfarm components of the agri-food system due to falling consumer demand. Although higher-income households face the largest income losses, lower-income households also will see their incomes decline significantly. The level of social protection required to fully offset the income losses of poor households is likely to be prohibitive, especially given falling revenues from reduced economic activity. Continuing to gradually open the economy again will be critical for avoiding permanent job losses and increases in poverty for the coming year. The process of re-opening the economy may also provide opportunities for fostering more private sector-driven and sustainable economic transformation.
Author: Nicholas S. Hopkins
Publisher:
ISBN:
Category : Egypt
Languages : en
Pages : 152
Get Book Here
Book Description
Author: Breisinger, Clemens
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 11
Get Book Here
Book Description
Although the global economy is forecasted to shrink by 4.4 percent in 2020 (IMF 2020), the Egyptian economy is proving resilient to the immense human and financial costs caused by the global COVID-19 pandemic. This resilience is mainly explained by the successful implementation of the economic reform program since 2016 that provided more fiscal space to withstand the adverse impact of the COVID-19 crisis. However, that Egypt’s economy is holding up is also due to the rapid response and proactive measures to limit the impact of the virus that were implemented by the Egyptian Government since March 2020 (MPED 2020). These enabled the country to avoid a full lockdown policy (Figure 1). While Egypt posted negative economic growth rates from April to June 2020 at the height of the crisis, overall economic growth was still positive at 3.6 percent for fiscal year (FY) 2019/20. This estimate is only slightly lower than the initial projection of the impact of the pandemic on Egypt’s economy of an annual economic growth equal to 3.8 percent, as estimated by staff of the International Food Policy Research Institute (IFPRI) and the Ministry of Planning and Economic Development (MPED) (Breisinger et al. 2020). The deviation between the early and final estimate can be mainly explained by the lower than expected growth rates in the manufacturing and health services sectors and the better than expected performance of the trade and transport sectors.
Author: Tony Avirgan
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 524
Get Book Here
Book Description
Author: Kristin Koptiuch
Publisher: U of Minnesota Press
ISBN: 9780816625383
Category : Art
Languages : en
Pages : 167
Get Book Here
Book Description
Original in perspective, innovative in approach, this book investigates the changing relationship between Egypt's urban artisanry and the larger socio-historical transformations of the Egyptian economy. Focusing on two key historical periods in the early and late twentieth century, Kristin Koptiuch examines the political and economic conditions that affected the role of the artisan in Egypt over time. She is particularly interested in how the politics of representation in different modes of discourse -- colonialist, nationalist, developmentalist, ethnographic -- have alternatively cast Egypt's craft production as outmoded artisanry and as an ingenious, micro-entrepreneurial "informal sector." In light of the artisans' changing relation to the national and global economy, Koptiuch reads this figurative shift from "artisanry" to "informal sector" as a political allegory that contradicts the dominant narratives of Egypt's colonial modernity and neocolonial postmodernity. Attention to this allegorical figuration discloses what Koptiuch calls a poetics of political economy. Contrary to conventional positivist social science, realist ethnography, and empiricist history, this approach acknowledges the intricate mutual workings of meaning and material culture.
Author: Basudeb Guha-Khasnobis
Publisher: Oxford University Press, USA
ISBN: 0199204764
Category : Business & Economics
Languages : en
Pages : 313
Get Book Here
Book Description
A collection of studies on formality and informality in developing countries, this volume contains contributions from anthropologists, economists, sociologists, and political scientists. It argues for moving beyond the formal-informal dichotomy, and offers information to develop guiding principles for intervention.
Author: Paolo Verme
Publisher: World Bank Publications
ISBN: 1464801983
Category : Business & Economics
Languages : en
Pages : 155
Get Book Here
Book Description
Inside Inequality in the Arab Republic of Egypt: Facts and Perceptions Across People, Time, and Space comprises four papers prepared in the framework of the Egypt inequality study financed by the World Bank. The first paper, by Sherine Al-Shawarby, reviews the studies on inequality in Egypt since the 1950s with the double objective of illustrating the importance attributed to inequality through time and of presenting and compare the main published statistics on inequality. The second paper, by Branko Milanovic, turns to the global and spatial dimensions of inequality. The Egyptian society remains deeply divided across space and in terms of welfare, and this study unveils some of the hidden features of this inequality. The third paper, by Paolo Verme, studies facts and perceptions of inequality during the 2000-2009 period, which preceded the Egyptian revolution. The fourth paper, by Sahar El Tawila, May Gadallah, and Enas Ali A.El-Majeed, assesses the state of poverty and inequality among the poorest villages of Egypt. The paper attempts to explain the level of inequality in an effort to disentangle those factors that derive from household abilities from those factors that derive from local opportunities. Inside Inequality in the Arab Republic of Egypt provides some initial elements that could explain the apparent mismatch between inequality measured with household surveys and inequality aversion measured by values surveys. This is a particularly important and timely topic to address in light of the unfolding developments in the Arab region. The book should be of interest to any observer of the political and economic evolution of the Arab region in the past few years and to poverty and inequality specialists interested in a deeper understanding of the distribution of incomes in Egypt and other countries in the Middle East and North Africa region. World Bank Studies are available individually or on standing order. The World Bank Studies series is also available online through the Open Knowledge Repository (https://openknowledge.worldbank.org/) and the World Bank e-Library (www.worldbank.org/elibrary). Book jacket.
Author: Savinna Chowdhury
Publisher: Routledge
ISBN: 1135915768
Category : Business & Economics
Languages : en
Pages : 193
Get Book Here
Book Description
Exploring the significance of local everyday economic practices to development policy-making, this book demonstrates why it is a misrepresentation to characterize all that is economic ascapitalism and offers alternative ways to conceptualize economic developments rather than just as the industrialization, urbanization and environmental degradation as experienced by the West.
