The Influence of U.S. Aid on Egypt’s Economic Development

DOI

10.2991/assehr.k.220504.469How to use a DOI?

Keywords

U.S. aid; Egypt economic development; U.S.-Egypt relationship; Foreign aid

Abstract

Different types of foreign aid have different effects. And the impacts on the recipient countries always changes. Since Egypt has received aid from the U.S. for a long time, there are many different perspectives about the positive and negative influence of U.S. aid. This analysis can be used for reference for future study of the aid relationship and finding a suitable method to overcome the negative effect of aid. This article concludes by summarizing and analyzing the existing articles. Overall, while the aid helps Egypt overcome the difficulties and encourage the liberalization of the economy. Some disapproval voices show that Egypt is dependent, and the aid did not play an effective role in Egypt’s economic development. At the same time, a few quantitative research also show the negative influence of U.S. aid in the short and long term. And the government needs to change its way of planning aid. It is not aid that contributes to the positive and negative influence, but the way donors provide aid and the way recipients use the aid that counts.

Copyright

© 2022 The Authors. Published by Atlantis Press SARL.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - Xiyao Zeng
PY  - 2022
DA  - 2022/06/01
TI  - The Influence of U.S. Aid on Egypt’s Economic Development
BT  - Proceedings of the 2022 8th International Conference on Humanities and Social Science Research (ICHSSR 2022)
PB  - Atlantis Press
SP  - 2586
EP  - 2591
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.220504.469
DO  - 10.2991/assehr.k.220504.469
ID  - Zeng2022
ER  -