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Economic and social impact of the financial and economic crisis on Egypt: a study prepared for the ILO
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Economic and social impact of the financial and economic crisis on Egypt: a study prepared for the ILO

Samīr Muḥammad Raḍwān
ILO
2009

Abstract

economic development labour market economic recession financial sector financial market unemployment return migration labour policy Egypt
Assesses the decline of GDP growth, reduced flow of FDI and a lower domestic investment from 2007 to 2009, higher return migration and expected drop in remittances, increased strain on the balance of payment, capital market collapse, and decelerated sectoral growth (esp. tourism, manufacturing and Suez Canal). Examines the rise in unemployment and vulnerable employment, and draws conclusions for labour policy.

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