Do You Think Egypt Could Ever Have A Growing Economy Similar To China Or India?
Posted by China Sourcing CommentatorSep 5
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Sep 5
11 Responses to “ Do You Think Egypt Could Ever Have A Growing Economy Similar To China Or India? ”
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i hope so.
i look forward to our becoming like Indonesia in our planning.
but we need a government that cares not that swallows the budget .
i saw a tv program, 10 o’clock , in which the story of the budget of pensions , 310 billion Le was repeated .only 190billion appear on paper , the rest has been devoured by the big fat cats .
how can we plan anything when we are governed by such cats ?
Yes, everything is possible, but we have to be willing to pay the price!
Middle East in cumulation recieves under 1% of all FDIs annually.
So… nope.
yes it will be,,we have clever scientists,,active peoples,,,great no of youth,,,good weather,,,good gheoghraphic position upon tow seas,we are the door for africa ,but we have to trust in our self and in government,,,,we want good leaders to erge us every where and woul happen
hahaha Not Under This Government
@Zoser Take In Mind That China Also Has A Very Large Share Of Asia
Yes but it does make sense more peoples more things will do faster and productivity will be high
I hope not , we always forget the difference between Macro economy and micro economy,, actually Egypt is number 129 in the world with $5400/capita and china is number 131 with $5300/c ,, India is 165 with $2700/c so the Egyptian person is wealthier than the Chinese and the Indian person …yes of course the total gross DP is higher (put on mind the huge resources both countries own) but the population is higher also,, actually if Egypt has the GDP of Saudi Arabia the Egyptians would starve,,,
we should not forget in the equation The number of people < (population )…it is normal to have greater economy ,but less individual wealth , if you have more people .. So , No we do not want to be like china or India (exactly) and I think it can not be only in one side of the story)…
Yes that would depend on the government and their policies.
yes Egypt will have that if only have the presidential election system like India or china
yes because it is in half of the desert and it needs water like if you were in egypt and there was no water and you needed some you would want to find some right.and if there was a hole in the ground you would dig it to make or find water.
Well Egypt IS called the America of the Arab world. So if anything, Egypt will, Inshallah, be a world power.