Download or read book COVID 19 and the Egyptian economy Estimating the impacts of expected reductions in tourism Suez Canal revenues and remittances written by Breisinger, Clemens and published by Intl Food Policy Res Inst. This book was released on 2020-04-01 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: Egypt’s recent economic success will almost certainly be interrupted by the COVID-19 pandemic. We examine the likely impact on the Egyptian economy of a significant reduction in tourism, payments received from the Suez Canal, and remittances from Egyptians working abroad because of the slowdown in the global economy due to the COVID-19 virus. Our results suggest that COVID-19 could reduce national GDP by between 0.7 and 0.8 percent (EGP 36 to 41 billion) for each month that the global crisis continues. Similarly, household consumption and expenditure is estimated to decline on average by between EGP 153 and EGP 180 per person per month, which is between 9.0 and 10.6 percent of average household income. The cumulative loss in GDP from these three external shocks alone could amount to between 2.1 and 4.8 percent of annual GDP in 2020 if the crisis lasts for 3 to 6 months. While the country’s focus currently is rightly on fighting the health crisis and mitigating its immediate impacts, planning on how to re-open the economy should also start now.
Download or read book Egypt written by Sven Elmers and published by GRIN Verlag. This book was released on 2011-11 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (undergraduate) from the year 2009 in the subject Tourism - Miscellaneous, grade: 2, New College Durham, language: English, abstract: The aim of this assignment is to evaluate the different types of tourism impact and to analyse any potential damage caused by tourism activity. Furthermore the aim is to analyse the principles of sustainability and to evaluate any possible alternative approaches to tourism growth and development as well as to analyse the procedures involved in the tourism planning process and to evaluate the responsibilities of the tourism industry.
Download or read book Egypt Impacts Concerns Sustainability Ecotourism Industry responsibilities Tourism Planning written by Sven Elmers and published by GRIN Verlag. This book was released on 2011-10-31 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (undergraduate) from the year 2009 in the subject Tourism - Miscellaneous, grade: 2, New College Durham, language: English, abstract: The aim of this assignment is to evaluate the different types of tourism impact and to analyse any potential damage caused by tourism activity. Furthermore the aim is to analyse the principles of sustainability and to evaluate any possible alternative approaches to tourism growth and development as well as to analyse the procedures involved in the tourism planning process and to evaluate the responsibilities of the tourism industry.
Download or read book Impact of COVID 19 on the Egyptian economy Economic sectors jobs and households written by Breisinger, Clemens and published by Intl Food Policy Res Inst. This book was released on 2020-06-15 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 crisis may lead to a 1.1 percent decline in Egypt’s GDP during the 4th quarter (April to June) of the 2019/20 fiscal year, compared to the same quarter in 2018/19. Without the Government of Egypt’s COVID-19 emergency response package, GDP in Q4 may have declined by 8.7 percent. Tak-ing the emergency response pack-age into account, we estimate an annual growth rate of 3.8 percent for FY 2019/20. Without the emer-gency response package, annual growth for FY 2019/20 may have been as low as 1.9 percent. The services sector is hit hardest, falling by 10.9 percent, followed by industry at -8.3 percent. Agriculture is the most resilient sector. However, these losses are lower than those expected in comparable countries, especially those that resorted to extended periods of full lockdowns. Impacts on Egypt’s agri-food system are less severe than elsewhere in the economy. Most damage will occur in nonfarm components of the agri-food system due to falling consumer demand. Although higher-income households face the largest income losses, lower-income households also will see their incomes decline significantly. The level of social protection required to fully offset the income losses of poor households is likely to be prohibitive, especially given falling revenues from reduced economic activity. Continuing to gradually open the economy again will be critical for avoiding permanent job losses and increases in poverty for the coming year. The process of re-opening the economy may also provide opportunities for fostering more private sector-driven and sustainable economic transformation.
Download or read book Egypt Seminar on Tourism Statistics and Economic Impact Measurement written by and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Quantitative Tourism Industry Analysis written by Tadayuki Hara and published by Routledge. This book was released on 2008 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: CD-ROM: Includes cyberlabs using a virtual teaching assistant and key spreadsheets.
Download or read book Economic Impact of Tourism written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Business, Trade, and Tourism and published by . This book was released on 1982 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The effect on international business of the problems in Egypt and the Middle East written by Renee Stah and published by GRIN Verlag. This book was released on 2014-06-17 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2011 in the subject Business economics - Economic Policy, grade: A+ High Distinction, RMIT University, course: Business in a Global Context, language: English, abstract: In January 2011, anti-government protests aimed at forcing President Hosni Mubarak to resign, caused riots and a political crisis across Egypt and the Middle East. Lack of economic progress, high unemployment rates, and young people’s zeal for more opportunities and an escape from poverty, sent thousands of protestors into the major cities of Egypt to demonstrate their anger. As a result, an Egyptian Revolution has begun and is having a wide economic and political impact on local business and global trade, and has propagated various economic and political risks in Egypt, the entire Middle East/North Africa region and to some extent, the rest of the world.
Download or read book COVID 19 and the Egyptian Economy From reopening to recovery Alternative pathways and impacts on sectors jobs and households written by Breisinger, Clemens and published by Intl Food Policy Res Inst. This book was released on 2020-11-24 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the global economy is forecasted to shrink by 4.4 percent in 2020 (IMF 2020), the Egyptian economy is proving resilient to the immense human and financial costs caused by the global COVID-19 pandemic. This resilience is mainly explained by the successful implementation of the economic reform program since 2016 that provided more fiscal space to withstand the adverse impact of the COVID-19 crisis. However, that Egypt’s economy is holding up is also due to the rapid response and proactive measures to limit the impact of the virus that were implemented by the Egyptian Government since March 2020 (MPED 2020). These enabled the country to avoid a full lockdown policy (Figure 1). While Egypt posted negative economic growth rates from April to June 2020 at the height of the crisis, overall economic growth was still positive at 3.6 percent for fiscal year (FY) 2019/20. This estimate is only slightly lower than the initial projection of the impact of the pandemic on Egypt’s economy of an annual economic growth equal to 3.8 percent, as estimated by staff of the International Food Policy Research Institute (IFPRI) and the Ministry of Planning and Economic Development (MPED) (Breisinger et al. 2020). The deviation between the early and final estimate can be mainly explained by the lower than expected growth rates in the manufacturing and health services sectors and the better than expected performance of the trade and transport sectors.
Download or read book Implications of the Global Financial and Economic Crisis on the Tourism Sector in Egypt written by and published by . This book was released on 2011 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Egypt Under Pressure written by Marianne Laanatza and published by Nordic Africa Institute. This book was released on 1986 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Social Accounting Matrices and Multiplier Analysis written by Clemens Breisinger and published by Intl Food Policy Res Inst. This book was released on 2009 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This training guide introduces development practitioners, policy analysts, and students to social accounting matrices (SAMs) and their use in policy analysis. There are already a number of books that explain the System of National Accounts and SAM multipliers-some of these are recommended at the end of this training guide. However, most books tend to be quite technical and move quickly from an introduction to more complex applications. By contrast, this guidebook uses a series of hands-on exercises to gradually introduce SAMs and multiplier analysis. It therefore complements more theoretical SAM and multiplier literature and provides a first step for development practitioners and students wishing to understand the strengths and limitations of these economic tools. It is also useful for policy analysts and researchers embarking on more complex SAM-based methodologies. One such methodology is computable general equilibrium (CGE) modeling, for which IFPRI has also developed a series of introductory exercises and a standard modeling framework.To download the exercises, go to www.ifpri.org/publication/social-accounting-matrices-and-multiplier-analysis
Download or read book Tourism and Political Change written by Richard Butler and published by Goodfellow Publishers Ltd. This book was released on 2017-03-31 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tourism is a vital tool for political and economic change. With international contributions from experienced individuals, this book cover general themes and issues, with three thematic sections with original chapters, and a concluding section. It covers a variety of international political changes at different scales and their resulting effects.
Download or read book Winners and losers from COVID 19 Evidence from Google search data for Egypt written by Abay, Kibrom A. and published by Intl Food Policy Res Inst. This book was released on 2020-06-23 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evolving pieces of evidence show that services are hardest hit by the COVID-19 pandemic, both globally and in Egypt. Employing Google search data, we examine the implications of COVID-19 on demand for various services in Egypt. • We find that demand for those services that require face-to-face interaction, including hotels and restaurants, air travel and tourism services, significantly dipped after Egypt detected the first COVID-19 case and more so after the Egyptian government introduced major restrictions and curfews. For instance, in the first two months of the outbreak of the pandemic, February and March, demand for hotel and restaurant services contracted by about 70 percent. • In contrast, demand for services that substitute or reduce personal interactions, such as information and communications technologies (ICT) and delivery services, have enjoyed a significant boost. Demand for ICT services tripled, while demand for delivery services doubled in the four months since the outbreak of the pandemic. • Intuitively, these results suggest that individuals and enterprises operating in these sectors are expected to experience heterogenous impacts and damages associated with the pandemic. Our results, along with other evolving evidence, reinforce that those services and sectors negatively affected by the outbreak and spread of COVID-19 deserve attention. • Finally, our analysis highlights the potential of near real-time "big data" to substitute and complement conventional data sources to estimate economic impacts and, hence, inform immediate and medium-term policy responses.
Download or read book OECD Tourism Trends and Policies 2020 written by OECD and published by OECD Publishing. This book was released on 2020-03-04 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2020 edition analyses tourism performance and policy trends across 51 OECD countries and partner economies. It highlights the need for coherent and comprehensive approaches to tourism policy making, and the significance of the tourism economy, with data covering domestic, inbound and outbound tourism, enterprises and employment, and internal tourism consumption.
Download or read book Tourism in Egypt written by Muḥammad Ṣaqr and published by . This book was released on 2009 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Tourism Sector in Egypt written by and published by . This book was released on 2002 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:
