Measuring inclusive growth in Egypt over a decade

نوع المستند : المقالة الأصلية

المؤلف

المستخلص

Despite the many papers examining inclusive growth in relation to poverty, inequality and growth, studies measuring inclusive growth have remained relatively limited. Looking at the inequality of income, this paper is the first published paper that measures inclusive growth in Egypt, adopting a new approach based on the social opportunity function that is analogous to the idea of a social welfare function. The paper uses the last five rounds of the Household Income, Expenditure and Consumption Surveys (HIEVSs) covering the period 2004/05-2015. The paper concludes that Egyptians suffered from no welfare growth and no equity, especially during the period 2008/09-2010/11; i.e. there was no inclusive growth. Afterwards, although there was no welfare growth, equity distribution improved drastically to overweigh the negative welfare growth, resulting in high inclusive growth.