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Egypt: A Changing Country - Research Paper Example

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The author states that Egypt's leaders need to stop abusing human rights and censoring free speech, and then they should welcome back a wealthy and well-educated diaspora. They should also pursue a policy of regionalization, breaking down trade barriers. All these issues are discussed in this paper…
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Egypt: A Changing Country
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Download file to see previous pages Egypt's leaders need to open up their country. The need a democratic, responsive government, and a liberalized trade regime. They need to stop abusing human rights and censoring free speech, and then they should welcome back a wealthy and well-educated diaspora. They should also pursue a policy of regionalization, breaking down trade barriers with other countries in their region. All of these issues will be discussed in this paper.
Before discussing corruption and its impact, it is important to provide some economic background. Egypt has a market-based economy with a large agricultural sector. Most of its population lives along the banks of the Nile. Its gross domestic product is around $215 billion. Like many underdeveloped countries, it is very dependent on agriculture and manufacturing and much less so on services. However, tourism is a more substantial part of its economy that many other countries in the region. Tourists are drawn to the ancient sites and diving opportunities and bring in much needed foreign money. Debt is high. But generally, the country has a hard-working labor force and a lot of resources. So taking into account all of this economic data, the question that must be asked is: why is Egypt not a rich country?
Throughout the continent of Africa corruption is rampant. In order to receive even the most basic services, Africans must pay bribes. In order for companies such as Shell to do business in Nigeria (ranked 121 in the world by Transparency International) a huge amount of money must be paid out to local officials to “grease the wheels.” In hospitals, patients may have to put money in doctors’ consulting books in order to be treated. In schools, students may have to pay their teachers for passing grades (BBC). All of these situations are commonplace. ...Download file to see next pagesRead More
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