The Economy of Egypt: Repeating History?
The Egyptian Economy was the only one in the Middle East North Africa region to avoid a recession in 2020. Being a good reflection of the economic rollercoaster Egypt routinely finds itself on.
One driven by inflation rates of up to 30% a year, a halving of its currency and a painful IMF bailout in 2016.
But how did Egypt's Economy find itself in this situation?
What impacts did Five Year Plans, spending nearly 20% of GDP on the military and widespread nationalisation have on its economy?
Why is Egypt the world’s largest importer of wheat?
And perhaps most importantly, what has its post 2011 revolution delivered?
#Egypt #EgyptianEconomy #Economics
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Видео The Economy of Egypt: Repeating History? канала Economics AltSimplified
One driven by inflation rates of up to 30% a year, a halving of its currency and a painful IMF bailout in 2016.
But how did Egypt's Economy find itself in this situation?
What impacts did Five Year Plans, spending nearly 20% of GDP on the military and widespread nationalisation have on its economy?
Why is Egypt the world’s largest importer of wheat?
And perhaps most importantly, what has its post 2011 revolution delivered?
#Egypt #EgyptianEconomy #Economics
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Enjoyed the video?
Subscribe here: https://www.youtube.com/channel/UCLiRGHCMGB14Pw0yEqLM2fQ?sub_confirmation=1
Follow AltSimplified on Social media:
Facebook: https://www.facebook.com/Altsimplified/
Twitter: https://twitter.com/altsimplified
Quora: https://www.quora.com/q/economicsaltsimplified
Discord: https://discord.io/altsimplified
Other Discord Link: https://discord.gg/gTzEznrmeY
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
📕Recommended Reading:
Many have asked what we'd recommend to start reading, so check out the links below. They are affiliate links, but come at no extra cost to the viewer, you'd just be supporting the Channel if you used them.
📘"How Asia Works: Success and Failure": https://geni.us/HowAsiaWorks
📘"The Ascent of Money: A financial History of the world": https://geni.us/TheAscentOfMoney
📘"Debt: The First 5000 years": https://geni.us/DebtTheFirst500Years
🎙The mic we use to record: https://geni.us/MicWeUse
Видео The Economy of Egypt: Repeating History? канала Economics AltSimplified
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20 февраля 2021 г. 21:54:43
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