Unemployment and Political Regimes in Egypt 1960-2010

Abstract

Increasing the unemployment rate in the country leads to instability not only on the economic level but also on the political level, such as what happened in Egypt in 2011. Hence, this paper will study the relation between unemployment rate and political regimes in Egypt from 1960 to 2010. Before addressing the problem in detail, the author will start with the definition of unemployment as there are several definitions for it. Then, the author will discuss the contextual background of the different economic policies that applied under different Egyptian political regimes and affected the unemployment rate in Egypt. Then, the author will review the literature that examined the relationship between unemployment and political issues. After that, the author will identify the theoretical economic background such as the supply and demand curve, Philips curve, and the costs of unemployment. Finally, the author will conclude with discussing the implications of the different policy alternatives.