Poverty in Egypt 2008-09 : Withstanding the Global Economic Crisis

Poverty in Egypt 2008-09 : Withstanding the Global Economic Crisis

The original aim of this poverty analysis, prepared in collaboration with Egypt's Ministry of Economic Development, was to help inform the country's development strategy and guide World Bank assistance in support of that strategy over the...

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Bibliographic Details
Main Author:	World Bank
Format:	Other Poverty Study
Language:	English en_US
Published:	Washington, DC 2013
Subjects:	ABSOLUTE POVERTY ABSOLUTE TERMS ACUTE MALNUTRITION AGRICULTURAL WORKERS AVERAGE WAGES CAPITAL ACCUMULATION CASH SOCIAL ASSISTANCE CASH TRANSFER PROGRAM CASH TRANSFER PROGRAMS CASH TRANSFERS CHANGES IN POVERTY CHRONIC MALNUTRITION CHRONIC POVERTY CHRONICALLY POOR CONSUMER PRICE INDEX CONSUMPTION DATA CONSUMPTION EXPENDITURE CONSUMPTION PER CAPITA COST OF FOOD DATA ISSUES DEFINITIONS OF POVERTY DEVELOPMENT REPORT DEVELOPMENT STRATEGY DISADVANTAGED REGIONS DISTRIBUTIONAL CHANGE DIVERSIFICATION ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC SHOCKS EMPLOYMENT CREATION EMPLOYMENT INCOME EMPLOYMENT LOSSES EMPLOYMENT OPPORTUNITIES EMPLOYMENT PROGRAMS EMPLOYMENT STATUS ENERGY SUBSIDIES ESTIMATES OF POVERTY EXCHANGE RATE EXTREME POVERTY FAMILIES WITH CHILDREN FARMERS FOOD BASKET FOOD BUNDLE FOOD CONSUMERS FOOD INSECURITY FOOD NEEDS FOOD POVERTY FOOD POVERTY LINE FOOD PRICE FOOD PRICES FOOD PRODUCTS FOOD SUBSIDIES GINI INDEX GLOBAL MARKETS GROWTH COMPONENT GROWTH EPISODE GROWTH PROCESS GROWTH RATE HIGH GROWTH HIGH INFLATION HOUSEHOLD CONSUMPTION HOUSEHOLD DEMOGRAPHICS HOUSEHOLD HEAD HOUSEHOLD INCOME HOUSEHOLD LIVING STANDARDS HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSING IMPACT ON POVERTY INCIDENCE OF POVERTY INCOME DATA INCOME DISTRIBUTION INCREASED SPENDING INDICATORS OF POVERTY INEQUALITY INFLATION RATE INSURANCE LABOR FORCE LABOR MARKET LOW POVERTY RATE MALNUTRITION MARGINAL PRODUCT MEASUREMENT OF POVERTY MEASURING POVERTY METROPOLITAN REGION METROPOLITAN REGIONS NATIONAL ACCOUNTS NATIONAL POVERTY NATIONAL POVERTY LINES NEGATIVE SIGN NET FOOD CONSUMERS NEW POOR NUTRITIONAL STATUS PER CAPITA GROWTH POLICY CHANGES POLICY OPTIONS POLICY POINT OF VIEW POLICY RESEARCH POOR HOUSEHOLDS POOR PERSON POOR PERSONS POOR POPULATION POPULATION GROUP POVERTY ANALYSIS POVERTY ASSESSMENT POVERTY CHANGES POVERTY DYNAMICS POVERTY GAP POVERTY GROUPS POVERTY INCIDENCE POVERTY INCREASE POVERTY INCREASES POVERTY INDICATOR POVERTY INDICATORS POVERTY LINE POVERTY LINES POVERTY MEASURE POVERTY MEASURES POVERTY OUTCOMES POVERTY POVERTY POVERTY PROFILE POVERTY RATE POVERTY RATES POVERTY REDUCING POVERTY REDUCTION POVERTY REDUCTION IMPACT POVERTY RISK POVERTY SEVERITY POVERTY THRESHOLD PUBLIC SPENDING RAPID GROWTH REAL INCOMES REDUCED POVERTY REDUCING POVERTY REGIONAL DIFFERENCES REGIONAL DISPARITIES RELATIVE ROLE RISK MANAGEMENT RURAL RURAL AREA RURAL AREAS RURAL DWELLERS RURAL ECONOMY RURAL POOR RURAL POPULATION RURAL REGION SAFETY NET SAFETY NET PROGRAMS SAFETY NETS SCHOOL FEEDING SCHOOL FEEDING PROGRAMS SOCIAL ASSISTANCE SOCIAL POLICIES SOCIAL PROTECTION SOCIAL SPENDING SPATIAL DYNAMICS SQUARED POVERTY GAP TARGETING TEMPORARILY POOR TRANSIENT POOR UNEMPLOYMENT UNIVERSAL SUBSIDIES URBAN AREAS VULNERABLE GROUPS WAGE EMPLOYMENT WELFARE INDICATORS
Online Access:	http://documents.worldbank.org/curated/en/2011/06/16281280/arab-republic-egypt-poverty-egypt-2008-09-withstanding-global-economic-crisis http://hdl.handle.net/10986/12551

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Summary:	The original aim of this poverty analysis, prepared in collaboration with Egypt's Ministry of Economic Development, was to help inform the country's development strategy and guide World Bank assistance in support of that strategy over the coming years. This objective remains nevertheless valid, although the timeframe for addressing some of the most critical issues, such as the high rate of extreme poverty, vulnerability, and food insecurity may now be accelerated. The authors believe that the analysis presented in this note, while being based on data that precede the actual onset of the current political crisis, reveals deep tensions in the society that are linked to the high level of vulnerability and the lack of an efficient and flexible social assistance system. This report assesses the poverty and welfare changes in Egypt between 2008 and 2009 and presents a comprehensive picture of the evolution of poverty between 2004/05 and 2008/09. Poverty in Egypt decreased between 2005 and 20082, due in large part to rapid economic growth, although high inflation during this period had detrimental effects on the extreme poor. Yet, the sudden economic slowdown in the context of accelerating inflation in 2008/2009 reversed the gains in poverty reduction achieved during the period of rapid growth. The increase in poverty closely followed the accelerating inflation during 2008 causing vulnerable groups to be particularly affected by the economic turbulence. Despite these setbacks, some of the gains from the rapid growth between 2005 and 2008 were sustained over the crisis period. Policies aimed at helping households withstand the effects of the crisis were however not sufficient to prevent an increase in poverty. The crisis exposed underlying vulnerabilities in Egypt s social protection system. Finally, the adverse effects of food price shocks on the real incomes of Egypt s poor point to the need for further analytical work on labor markets, in particular wage policy, as part of the social risk management framework.