Exports led growth in Developing Countries

By

ACKNOWLEDGEMENT

I am very grateful to God who has given me the grace to start this course and end it successfully. I would like to thank my family especially my dad, who worked really hard and stood by me all the way. God bless my family who gave me full support and encouraged me. I would like to thank my supervisor for her patience and support. Finally to my friends and all who have made the completion of this project a success, thank you and God bless you.

DECLARATION

I declare that the work in this dissertation was carried out by me. The project is my own original work and has not been submitted elsewhere in fulfilment of the requirements of this or any other award.

SIGNED: ............................................................. DATE: ..........................

ABSTRACT

This study examined the role of exports and its impact on the economic growth of a given country. The main country that was selected in this topic for the analysis was Egypt and it was compared with other two major countries known as India and China. In order to acquire this result, the statistics of these three countries that included two variables known as exports and economic growth. The period ranged from 1982-2012 and the statistics were based on the three emerging countries in the world. It was revealed with the help of statistical analysis, that the exports certainly carry a significant impact on the economic growth of any country. This trend was visible for all the three countries and it was much stronger in Egypt as compare to India and China. The findings stated that further variables must be tested as well in order to compare the economic differences of the respective countries. Therefore, all the issues related to Exports led growth in developing countries have been discussed in detail.

TABLE OF CONTENTS

ACKNOWLEDGEMENT2

DECLARATION3

ABSTRACT4

CHAPTER 1: INTRODUCTION6

1.1 Background of the topic6

1.2 Statement of the Problem7

1.3 Research Questions7

1.4 Significance of the study8

CHAPTER 2: LITERATURE REVIEW9

2.1 Overview of the economic issues in Egypt9

2.2 Theoretical Aspect of the Economy11

2.3 Empirical Considerations17

2.4 Overview of Egypt's Economy19

2.5 Economic Performance of Egypt21

2.6 Concept of Economic Freedom22

2.7 Importance of FDI relative to GDP growth26

2.8 Various economic aspects related to the topic28

2.9 Overall results achieved in the region31

CHAPTER 3: METHODOLOGY40

3.1 Overview of the Research Design40

3.2 Research Design40

3.3 Applicability of Research Design43

3.6 Sample Size for the study52

3.7 Data collection procedures52

3.8 Validity and Reliability53

3.9 Ethical Concerns54

CHAPTER 4: DISCUSSION AND ANALYSIS55

4.1 Overview of the Analysis Method55

4.2 Description of the statistical research methods55

4.3 Analysis of the research statistical methods59

CHAPTER 5: CONCLUSION AND RECOMMENDATION61

5.1 Overall review of the entire research61

5.2 Limitations of the Study62

5.3 Recommendations for the Study62

REFERENCES63

CHAPTER 1: INTRODUCTION

1.1 Background of the topic

Egypt is one of the most populated countries in the Arab world, and ranks second most populated country after Nigeria in Africa. It is considered as the second largest country in the Arab world after Saudi Arabia. The country is well known for producing large reserves of oil and is also increasing its production in the gas ...