Research Article
Effects of the Global Crisis on the Egyptian Textiles and Clothing Sector: A Blessing in Disguise?
Table 18
Overall job loss estimate in the industry attributable to the crisis (2007–2009).
| | (1) | (2) | (3) | (4) | (5) | (6) | (7) | | | | (1)-(2) | | | (4)*(5) | (5)-(6) |
| | Real private sector production growth rate | | Private sector job loss estimate | | 2008/2009 | Average
2004–2008 | On account of the crisis |
Percentage of overall growth reduction
| Overall job losses | On account of crisis | Liberalization effect |
| | | | 73% | 814 | 594 | 220 |
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Source: Author’s calculation based on IDSC [6] survey data.
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