Egypt an economic geography pdf

Egypt, country located in the northeastern corner of africa. Egypt gdp growth rate 19922019 data 20202022 forecast. Egypts economy is in big trouble the national interest. Egypt is known for its ancient history, desert landscapes, and large pyramids. Notable cities are aswan, luxor, sohag, asyut, minya, and benisuef. In postrevolutionary egypt, the economic and political empowerment of women is uncertain and their status may be deteriorating. The economy of egypt was a highly centralized economy focused on import substitution under president gamal abdel nasser. The government had struggled to meet the demands of egypt s growing population through economic reform, massive investment in communications. As background theres a brief account of the varied strands. In the 1990s, a series of international monetary fund arrangements, coupled with massive external debt relief resulting from egypt s participation in the gulf war coalition, helped egypt improve its macroeconomic performance. Egypt controls the suez canal, which is one of the worlds most wellknown maritime chokepoints, linking the. Under the planned economy, the egyptian government had total control over.

Egypts economy depends mainly on petroleum imports, tourism, agriculture, media, and natural gas. The copts are fully integrated into the egyptian population. The analysis of the aswan high dam turned out to be such a talking point on one of the tours i took into the egyptian desert that i had difficulty. Economic geographers study and attempt to explain the spatial configuration of economic activities, including the production of goods and services, their transfer from one economic agent to another and their transformation into utility by consumers. Egypt borders libya to the west, the gaza strip to the northeast, and sudan to the south. This new report titled reshaping egypts economic geography. The economy of egypt is moving toward a marketoriented approach after years as a planned economy with import substitution. The egyptian pound has proven to be one of the bestperforming emerging market currencies over the past year. Most of egypts people live along the banks of the nile river, and more than twofifths of the population lives in urban areas.

Egypt today is the largest growing population in the arab world. An economic geography international library of human geography. Domestic integration as a development platform world bank 201206 this report investigates egypts regional economic growth, explores the causes for geographically unbalanced development, and proposes policy options to make unbalanced growth compatible with inclusive development. Relations historically, egypt has been an important country for u. Occupying the northeast corner of the african continent, egypt is bisected by the highly fertile nile valley where most economic activity takes place. Egypt geography, climate and population egypt lies in the northeastern corner of the african continent and has a total area of about 1 million km2. An economic geography is lively, belying the potentially dry material. The nile delta of egypt, irrigated by the nile river and its many distributaries, is some of the richest farm land in the world and home to over half of egypts population. Along the nile, the population density is one of the highest in the world, in excess of 5,000 persons per square mile 2,000 per square km in a number of riverine governorates. The economy likely lost steam in the third quarter of fy 2020, which ran from january to march, as cases of coronavirus rose both domestically and abroad and the government imposed strict containment measures to control its spread such as nighttime curfews and the closure of airports. Antigovernment mass protests will most certainly continue into 2020, given the challenges that remain.

The political economy of the production of urban spaces in cairo. New economic geography is a term used in two ways in the international literature. Egypt is almost the size of britain, france, and germany combined, yet its nearly 70 million people are forced by geography to live in an area no bigger than belgium. They examine food scarcity, the effects of water and land shortage, the impact of globalization on egypt s attempts. There are nine governorates of lower egypt in the nile delta region, ten of upper egypt along the nile river south from cairo to aswan and five frontier governorates covering sinai and the deserts that lie west and east of the nile river. Since the beginning of 2019, egypts currency has surprised economic observers, rising % against the u. Egypt is the most populous country in the arab world and the third most populous country in africa, behind nigeria and ethiopia. An economic geography fouad ibrahim, barbara ibrahim. However, a series of economic reforms were introduced in 2005 to address these issues. Egypt gross domestic product gdp growth rate 2021 statista. It will look at the policy challenges at the national between. Most of the country is desert, so about 95% of the population is concentrated in a narrow strip of fertile land along the nile river, which represents only about 5% of egypts land area. Domestic integration as a development platform the world bank cairo july 2012.

Northern africa, bordering the mediterranean sea, between libya and the gaza strip, and the red sea north of sudan, and includes the asian sinai peninsula. Request pdf on jan 1, 2003, joseph hobbs and others published egypt. The name egypt originally comes from the greek word for the land aigyptos. Egypts desert climate limits most vegetation to the nile valley and delta and the oases. North of cairo lies the densely populated and fertile nile delta, home to intensive agriculture and heavy industry.

Egypt is a country located in northern africa along the mediterranean and red seas. Mar 17, 2020 egypt, country located in the northeastern corner of africa. Egypt controls the suez canal, which is one of the worlds most wellknown maritime chokepoints, linking the mediterranean and red seas. Through various stages of interpretation and analysis it, in the final stage, attempts to point out the potential for development of a region, occupied by a certain group of people. Most recently, however, the country has been in the news due to severe civil unrest that began in late january 2011. It is a true economic geography in that it looks at all aspects of egyptian life history, people, land, religion, natural resources, industry, income potential, politics, economic status, etc.

Egypt economy, politics and gdp growth summary the. First, and foremost, it is used as the work done by paul krugman and other economists, who developed abstract. The source of their discontent was the widespread economic stagnation and ideologically driven policies that came to punctuate morsis muslim brotherhood. Without the nile river, all of egypt would be desert. Egypt economy gdp, inflation, cpi and interest rate. All suggestions for corrections of any errors about egypt economy 2020 should be addressed to the cia or the source cited on each page. Muslim mostly sunni 90%, coptic 9%, other christian 1% origin of the name egypt. Egypt accelerated its ongoing transition from a public sector dominated economy to a private sector led and market oriented economy after the collapse of oil prices in the mid1980s. If the economic growth in this country is as slow in 20 as it was in 2012, this will in turn have a negative impact on economic recovery and the social situation. Following the float of the pound and subsequent overnight depreciation by about 50% in november 2016 as part of an.

Domestic integration as a development platform investigates egypts regional economic growth, explores the causes for geographically unbalanced development, and proposes policy options to make unbalanced growth compatible with inclusive development. To the west of the river and near the delta apex one can see the three large pyramids and sphinx. The government is facing external sector pressures and is likely to receive substantial. Social and economic geographical analysis of the egyptian copts. Egypts heartland, the nile river valley and delta, was the home of one of the principal civilizations of the ancient middle east and was the site of one of the worlds earliest urban and literate societies. So for example, tunisia is slowly moving towards building a new system and it is relatively in a better shape than others, while egypt is experiencing. Only in times of religious persecution, they huddled together in villages of upper egypt in the provinces. The national currency is the egyptian pound le, gineih in egyptian dialect, from british english guinea, which equals a hundred piasters qirsh, or irsh in egyptian arabic. Excluding oil and gas, however, egypt does have the second largest economy in the region, after israel. An economic geography international library of human.

Mona kamal july 20 abstract in light of the political and economic conditions that egypt has challenged during the last two years and its influences, it is crucial to reinvestigate the link between financial sector and economic growth using recent data sample. The greek historian knew what he was talking about. Egypt s desert climate limits most vegetation to the nile valley and delta and the oases. Egypts economic growth has been robust, averaging 5. Until 2003, egypts economic structure was hostile towards foreign investment. An economic geography opens with an overview of egypt as a transition economy, combining advanced technologies, welleducated workers, and energy resources with underdeveloped sectors, unemployment, inequality and corruption, and resource constraints. This report investigates egypts regional economic growth, explores the causes for geographically unbalanced development, and proposes policy options to. In the center of the flag is the eagle of saladin, the national emblem. Domestic integration as a development platform, volume 1 world bank 201206 this report investigates egypts regional economic growth, explores the causes for geographically unbalanced development, and proposes policy options to make unbalanced growth compatible with inclusive. This page provides egypt gdp growth rate actual values, historical data, forecast, chart, statistics, economic calendar and news. Egypt controls the sinai peninsula, the only land bridge between africa and remainder of the eastern hemisphere. Jan 17, 2020 egypt is a country located in northern africa along the mediterranean and red seas. Egypts population of more than 100 million people makes. Historically, egypt has been an important country for u.

These quickresponse articles analyse key events in terms of how we expect them to affect our political and economic forecast, and are closely tied to the structure of our country report service. I can compare and contrast regions of egypt i will use a venn diagram to compare and contrast regions of the nile and the sahara. Egypt has coastlines on the mediterranean sea, the river nile, and the red sea. The nile river was so important to egypt that 2,500 years ago, an ancient greek historian called egypt the gift of the nile. In the short term, economic policy will focus on mitigating the impact of the coronavirus, with fiscal consolidation suffering, although reforms will be revived under the auspices if the imf. In this illuminating introduction to economic geography, the authors describe the myriad problems facing egypt. The nile delta of egypt, irrigated by the nile river and its many distributaries, is some of the richest farm land in the world and home to over half of egypt s population.

Domestic integration as a development platform, volume 1 world bank 201206 this report investigates egypt s regional economic growth, explores the causes for geographically unbalanced development, and proposes policy options to make unbalanced growth compatible with inclusive. It is bordered in the north by the mediterranean sea, in the east by the gaza strip, israel and the red sea, in the south by sudan and in. Financial development and economic growth in egypt. The capital city of cairo lies at the apex of the delta in the lower left. The study will attempt to address the constraints to egypts growth through the lens of economic geography. Alexandria alexandria governorate and cairo cairo governorate. Private investment is picking up and net exports are improving. The economy suffered from high interest rates and tariff barriers. Egypts economic update april 2019 world bank group. Ancient egyptian civilizations through the 5 themes of geography. They examine food scarcity, the effects of water and land shortage, the impact of globalization on egypts attempts. At that time, the egyptian economy was projected to decrease growth to around 2. Pdf reshaping egypts economic geography karim badr.

Learn more about the egypt economy, including the population of egypt, gdp, facts, trade, business, inflation and other data and analysis on its economy from the index of economic freedom. Egypt has an area of 1,002,450 km 2 387,050 sq mi which makes it the 31st largest country in the world. Ancient egyptian civilizations through the 5 themes of. Apr 25, 2017 egypt s economy depends mainly on petroleum imports, tourism, agriculture, media, and natural gas. Dec 19, 2003 egypt is almost the size of britain, france, and germany combined, yet its nearly 70 million people are forced by geography to live in an area no bigger than belgium. Egypt has the largest population in the middle east and north africa, but its economy ranks just fifth, after saudi arabia, the united arab emirates, israel, and algeria. From toptobottom the colors of the stripes are red, white, and black.

Geography of ancient egypt essential question why was the nile river important. Apr 29, 2020 the growth rate of egypts gross domestic product gdp in 2019 was 5. Its limited arable land and dependence on the nile have all contributed to the huge overtaxation of resources and has stressed society. It is bordered in the north by the mediterranean sea, in the east by the gaza strip, israel and the red sea, in the south by sudan and in the west by the libyan arab jamahiriya. Please note that ebooks are subject to tax and the final price. Domestic demand and foreign inflows will take a hit in 2020, with growth averaging 2. Arab republic of egypt reshaping egypts economic geography. The following sections one and two are designed to assess the impact of the egyptian revolution on the political level, followed with the socio economic effects.

Read this article to learn about economic geography. Southwest of the capital is a large concentration of population on the plain of the faiyum. Egypt has deposits of petroleum, natural gas, iron ore, phosphates, manganese, limestone, gypsum, talc, asbestos, lead, and zinc. The egyptian government is keen to ensure continued investment from china and reduce geopolitical dependence on the us. Socioeconomic, social and political factors that have existed in these countries before the uprising play a crucial role in determining the uprising and its consequences. Economic geography, fundamentally, maintains a very close relation with mans economic welfare as other social sciences do. The nile river fed egyptian civilization for hundreds of years. Coordinates the geography of egypt relates to two regions. Capacity weaknesses are perhaps the most difficult bottleneck handicapping egypts accelerated and. Upper egypt, along the banks of the nile, is mostly rural. Egypt is divided into 28 governorates, which include two citygovernorates. In postrevolutionary egypt, the economic and political empowerment of women is. In the 1990s, a series of international monetary fund arrangements, coupled with massive external debt relief resulting from egypts participation in the gulf war coalition, helped egypt improve its macroeconomic performance. No claims are made regarding the accuracy of egypt economy 2020 information contained here.

An economic geography international library of human geography ibrahim, fouad n. View images cairo, the capital of egypt, is one of the most populated cities in africa and the middle east. The study will attempt to address the constraints to egypt s growth through the lens of economic geography. The economic situation in egypt in the context of political. In the genderrelated development index, for 144 countries, egypt was 99th and in an international study by the world economic forum 2005, egypt came last, with a rank of 58th out of 58 countries. The measure will make a small impact in containing the fiscal deficit in the short term given reduced economic activity. The growth rate of egypts gross domestic product gdp in 2019 was 5. Migrants earn higher wages on average, but those with less education do worse. Capacity weaknesses are perhaps the most difficult. Maps are used to good effect, while thirty small halftones are not directly tied to the text but illustrate aspects of egyptian life and landscape. Egypt s economy was highly centralized during the rule of former president gamal abdel nasser but opened up considerably under former presidents anwar elsadat and mohamed hosni mubarak. Arab republic of egypt reshaping egypt s economic geography.