Effects of the Global Crisis on the Egyptian Textiles and Clothing Sector: A Blessing in Disguise?

Table 23

Reductions in expenditures in response to the crisis.

	Frequency	%  of Firms
Reduced capacity utilization	203	74
Cut expenditures
On machinery and equipment	47	17
On buildings	37	13
On training	22	8
On R&D	17	6

Source: Author’s calculation by author based on IDSC firm questionnaire [6].