Challenges of Inclusive Growth in Egypt: An Analytical Study during the Period (2000-2021)

Document Type : Original Article

Authors

1 Economic Department, Faculty of Commerce, Benha University

2 Economic Department, Faculty of Business, Benha University

Abstract

The research aimed to define the concept of inclusive growth, explain its challenges in economic literature, and analyze the most important economic, social and political challenges facing achieving inclusive growth in Egypt during the period (2000-2021). Using the inductive approach represented by the descriptive analysis tool, it was found that, regarding economic challenges, the economic growth rate was characterized by weakness and unsustainability over the study period. It also became clear that the Egyptian economy suffers from insufficient financing resources, in addition to the presence of structural imbalances in the national economy, a high unemployment rate, and a lack of job opportunities. As for the level of social challenges, it has become clear that the Egyptian economy suffers from increasing inequality in income distribution, increasing rates of poverty and social exclusion, in addition to declining human capital conditions. The political challenges facing achieving inclusive growth in Egypt are the absence of democracy, political instability, weak good governance, and high rates of corruption. Finally, the research presented some recommendations for dealing with the challenges of inclusive growth in Egypt.

Keywords

Benha Journal of Humanities Sciences
Volume 3, Issue 2
March and April 2024
Pages 216-250

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