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After a decade of slow economic growth Egypt's rate of growth recovered in the late 1990s, averaging more than five percent a year. But the effect of this growth on poverty patterns has not been systematically examined using consistent, comparable household datasets. In this paper, the authors use the rich set of unit-level data from the most recent Egyptian household surveys (1995-96 and 1999-2000) to assess changes in poverty and inequality between 1995 and 2000. Their analysis is based on household-specific poverty lines that account for the differences in regional prices, as well as differences in the consumption preferences and size and age composition of poor households. The results sh...
A multi-faceted account of Egyptian economic development by nineteen internationally recognized authorities and the critical challenges the economy is likely to face in the next twenty years The Egyptian Economy in the Twenty-first Century addresses the question of why Egypt, despite possessing a plethora of assets—such as a fertile agriculture, a strategic geographic location, oil and gas deposits, innumerable tourist sites, a labor force prized by regional countries, and a diaspora that remits large amounts of funds—has seldom performed to its economic potential during the last sixty years. Indeed, economic weakness created political weakness, and often exposed the country to foreign d...
The events taking place in several of South Mediterranean countries since December 2010 show that multiple deprivations may be powerful drivers of political instability. Though improvements of the living conditions have been regularly principal demands along with civil and political liberties in the demonstrations, one of the main striking facts about this so-called “Arab Spring” is that poverty had not been given the same emphasis in southern Mediterranean countries during the last decades as in other areas of the developing and emerging world. Although the growing recognition that poverty is a multidimensional concept, studies of poverty in South Mediterranean countries have often been...
The Fourth Annual World Bank Conference on Environmentally Sustainable Development was convened in September 1996, with the aim to pursue four key goals:1) poverty reduction; 2) widely shared growth; 3) household, national, and global food security; and 4) sustainable natural resource management. This volume contains the presentations of all the plenary speakers as they are delivered or from written texts. In addition, it contains a summary of each of the thematic and regional roundtables as well as summaries of many of the associated and concurrent events. The volume also reprints the background papers submitted by those who participated in the roundtables. Full text statements from the associated event on Ethics, Values, Spiritually, and Rural Well-Being are also included.