Broken Link: Egypt’s Trade Policy and Local Labor Market Outcomes
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Date
2021-11
Authors
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Publisher
Mosbacher Institute for Trade, Economics & Public Policy
Abstract
Description
International trade is positively associated with economic growth, falling poverty, and rising living standards. While export-led growth has generated tremendous success in some countries, others that have pursued aggressive trade liberalization with the hopes of increasing wages and employment have been disappointed, raising important questions about the specific links between trade policies and labor market outcomes. Egypt is a country that seems to have experienced a “broken link” between trade policies and labor market outcomes. This article explores why.
Keywords
trade policy, Egypt