Economic Development in Egypt.

Bent Hansen

ResearchPublished 1969

An examination of the growth potential of the Egyptian economy. Within the context of present political uncertainties in the Middle East, this study investigates the problem of whether Egypt will be able to return to a path of sustained growth, what measures will have to be taken for that purpose, and what factors will govern and limit its growth. Assuming that Egypt's economic development will be based primarily on her own resources and efforts, this study offers projections of levels of income and production for the years 1980 and 2000: a 6 percent growth rate of the GNP and a 2.5 percent population growth. Given favorable external conditions and good domestic management, these projections imply that by the year 2000 the average Egyptian could enjoy an income and standard of living equal to that of an average Greek of today. Moreover, Egypt should be able to keep per capita income growing at a rate of about 3.5 percent per year. 104 pp

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  • Copyright: RAND Corporation
  • Availability: Web Only
  • Year: 1969
  • Pages: 104
  • Document Number: RM-5961-FF

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Hansen, Bent, Economic Development in Egypt. Santa Monica, CA: RAND Corporation, 1969. https://www.rand.org/pubs/research_memoranda/RM5961.html.
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