Egypt Information – General
Given its six thousand years of recorded history, Egypt, as a nation-state, has a complex multi-faceted persona. In the broadest of terms, there are a minimum of four interlocking facets that must be combined to get the simplest of understandings of this nation’s daily dynamics. First, not necessarily the most preeminent, but certainly the most widely held, is the perception of Egypt as the cradle of civilization. While this perspective fuels the tourist industry and is the very foundation of Egypt’s self-assuredness as a nation, it is the second facet, Egypt’s leading roles in Middle Eastern cultural and political affairs that generally dominates Egypt’s relations with other nations. In turn, this either broadens or limits the scope of choices and opportunities available domestically. There is post-revolutionary Egypt, whose political-economy, in many ways still holds sway over the nation. Finally, there is this decade of the new Egypt as an integrated participant in the global economy. It is primarily this latter Egypt that this study will focus on, but the influence the former three facets upon the current Egypt can not be discounted.
The following is a basic profile of the nation, with a few comments interspersed:
Cairo (capital), 9.9 million; Alexandria, 3.7 million; Giza, 2.1 million;
Shubra Al Khayma, 811,000; Port Said, 461,000; Suez, 392,000; Mahalla Al Kubra, 358,844;
Tanta, 334,505; Hulwan, 328,000; Mansura, 316,870. (CIA Factbook)
Of particular interest are the percentages of the first two groupings (total of 64.9%) and the necessary economic growth needed to productively employ such a young labor force.
Once again the impact of nearly 48.6 percent of the population has an impact on the ability of the country to successfully pursue economic growth in new growth sectors.
Internal and External Commerce:
Trade balance: $(9.2) billion.
U.S. Imports (customs value): $658 million; U.S. Exports (f.a.s. value): $3.8 billion (1997 est.).
GDP: purchasing power parity—$188 billion (1998 est.)
GDP—real growth rate: 5% (1998 est.)
GDP—per capita: purchasing power parity—$2,850 (1998 est.)
Labor force: 17.4 million (1998 est.)
Labor force—by occupation:
Unemployment rate: 10% (1998 est.)
Principal Trading Partners:
|Privatization and Deregulation|
(bymilitary, households and Labor)
|IT Labor Market|
|Analysis : IT Strengths/ and Weaknesses|
|Analysis :Impacts on the Business|
|Sources and Links|
|About the authors|
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