1. Y376 International Political Economy
February 17, 2011

2. Egypt: Basic Facts Population: 83 million
Religions: 90 percent Muslim, 10 percent Christian
GDP: $501 Billion
GDP growth: averaging 5% in the last decade
GDP per capita: $6,200
Exports: oil, cotton, textiles, food products

3. Growth and Inflation: 1980-2006

4. Oil Production and Consumption

5. Egyptian Leaders Since WW2
Gamal Abdel Nasser ( )
Anwar El Sadat ( )
Hosni Mubarak ( )

6. Egyptian Economic Policies
Import Substitution and State-Led Industrialization under the Nasser regime
Sadat regime adopts lower tariffs and some export promotion policies but continues Nasserist policies
1991 debt crisis leads to IMF structural adjustment agreement and adoption of further reforms
Includes privatization of state enterprises
Egypt receives debt relief and large infusions of foreign aid after participation in the Gulf War coalition