Export Benefits of an Egyptian Firm

The opportunity to generate additional sales and profits

The opportunity to continue in full production until the productive assets of the firm are fully depreciated and depleted

The ability to receive payment in foreign currency

The ability to improve Egypt's balance of trade deficit and

The opportunity to employ more people

One of the competitive opportunities that Egypt has relates to the fact that the overwhelming majority of non-agricultural enterprises in Egypt have fewer th

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ng to the case study, the growth of small and medium sized businesses is critical to solving some of the weaknesses found in Egypt's macro economy. Those weaknesses include: Lack of substantial progress on economic reform since the mid 1990s has limited foreign direct investment in Egypt and kept annual GDP growth in the range of 2 to 3 percent The fact that Egypt is struggling to keep pace with the world economy and for several decades Egypt has imported more than it exports. For example, in 1997 exports were $16.2 billion while imports were valued at $18.3 billion. Egypt's mixed economy. The government's promise to privatize certain large, but inefficient government owned industries has not occurred as rapidly as predicted. Part of the reason for this 'go slow' approach to privatization is the realization that privatization, while inevitable in the long term, is nevertheless a social and political powder-keg in the short term because it will increase unemployment and inflation in Egypt. The illiteracy rate among the population is about 49 percent. GDP per capita is about $4000 Egypt suffers from a general lack of technological expertise that, among other things, limits the amount of high technology manufacturers and h
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Approximate Pages = 5 (250 words per page)

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