This research will shed light on the developments of the exchange rates in Egypt and display its different fluctuations throughout the years from 2011 revolution until 2022, which led to the increase in the prices because of the great dependency on the dollar in the Egyptian economy. As a result, an increase in the inflation rate was witnessed. In addition, this paper will also analyze the impact of dollarization on the various sectors in the Egyptian economy, namely the agricultural and industrial sectors and display the dependency of those sectors on the value of the Dollar. The Egyptian government took many steps to solve the dollar crisis and ease the problem of the foreign currency shortage.The paper shows that the industrial and agricultural sectors have been affected negatively, as the restrictions on imports raised the prices of imported raw materials and soil fertilizers, which caused shortages and increased their prices.
Soliman, A., Azzam, I., & El Ahmar, A. (2023). The Impact of Dollarization on the Agricultural and Industrial Sectors in the Egyptian Economy Post the 2011 Revolution. MSA-Management Sciences Journal, 2(3), 99-111. doi: 10.21608/msamsj.2023.225624.1020
MLA
Amal Soliman; Islam Abdel Azim Azzam; Ahmed El Ahmar. "The Impact of Dollarization on the Agricultural and Industrial Sectors in the Egyptian Economy Post the 2011 Revolution", MSA-Management Sciences Journal, 2, 3, 2023, 99-111. doi: 10.21608/msamsj.2023.225624.1020
HARVARD
Soliman, A., Azzam, I., El Ahmar, A. (2023). 'The Impact of Dollarization on the Agricultural and Industrial Sectors in the Egyptian Economy Post the 2011 Revolution', MSA-Management Sciences Journal, 2(3), pp. 99-111. doi: 10.21608/msamsj.2023.225624.1020
VANCOUVER
Soliman, A., Azzam, I., El Ahmar, A. The Impact of Dollarization on the Agricultural and Industrial Sectors in the Egyptian Economy Post the 2011 Revolution. MSA-Management Sciences Journal, 2023; 2(3): 99-111. doi: 10.21608/msamsj.2023.225624.1020
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