{
  "title": "Arab Republic of Egypt: Selected Issues",
  "publication": "IMF Staff Country Reports, January 22, 2018",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2018/01/22/arab-republic-of-egypt-selected-issues-45569",
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  "summary": "This paper analyzes that past growth was characterized by a suboptimal allocation of the factors of production and a lack of dynamism in the private sector.",
  "sections": [
    {
      "heading": "Main findings",
      "content": "- Past growth was characterized by a suboptimal allocation of the factors of production and a lack of dynamism in the private sector.\n- Main constraints to private sector-led growth and higher employment generation were identified (constraints not enumerated on this page).\n- Improved macrostability and a strong political commitment to reforms have already created an opportunity to pursue further structural reforms."
    },
    {
      "heading": "Policy recommendations and reform priorities",
      "content": "- Shift Egypt’s economic model toward increased private sector participation and integration into global value chains.\n- Remove distortions to the optimal allocation of resources in the economy.\n- Equip the labor force with the skills needed to benefit fully from future job opportunities.\n- Implement reforms that help better integrate women and youth into the job market.\n- Intensify private sector-led growth and job creation and strengthen trade integration through continued structural reforms."
    },
    {
      "heading": "Context and reform progress",
      "content": "- The authorities have embarked on a reform program to address the challenges identified, and important steps have already been taken (details of steps are in the full report).\n- The paper emphasizes leveraging improved macroeconomic stability and political commitment to deepen reforms that enhance private-sector dynamism and employment.\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}"
    }
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    "Published: January 22, 2018",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484338186.002",
    "Past growth was characterized by a suboptimal allocation of the factors of production and a lack of dynamism in the private sector.",
    "Main constraints to private sector-led growth and higher employment generation were identified (constraints not enumerated on this page).",
    "Improved macrostability and a strong political commitment to reforms have already created an opportunity to pursue further structural reforms.",
    "Shift Egypt’s economic model toward increased private sector participation and integration into global value chains.",
    "Remove distortions to the optimal allocation of resources in the economy.",
    "Equip the labor force with the skills needed to benefit fully from future job opportunities.",
    "Implement reforms that help better integrate women and youth into the job market.",
    "Intensify private sector-led growth and job creation and strengthen trade integration through continued structural reforms.",
    "The authorities have embarked on a reform program to address the challenges identified, and important steps have already been taken (details of steps are in the full report).",
    "The paper emphasizes leveraging improved macroeconomic stability and political commitment to deepen reforms that enhance private-sector dynamism and employment.",
    "**Country Report**"
  ],
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