Tag Archives: Globalization

Globalization in Egypt

Globalization picture

Globalization has been an ongoing issue through most of the world today, it is the process of spreading ideas, goods, and beliefs through interaction, which affects the world environmentally, socially, culturally, and intellectually through advances in transportation. Globalization is caused by advances in technology- because of such advanced technology we have today, it makes traveling and communicating with different people easier due to the fact that everything is safer, cheaper, and more efficient.  How can we measure globalization? Globalization is made of three main components- economy, society, and politics.  Today we’re going to see if Egypt is a globalized country or not.

KOF Index of Globalization-2010
KOF Index of Globalization-2010

According to the KOF (acronym for the German word Konjunkturforschungsstelle, meaning cycle research) Index of Globalization, Egypt was around 40 to 60 percent globalized. The most globalized countries include Canada, Australia, and the Western European countries and they are all around 80 to 100 percent globalized. The least globalized countries include most countries in Africa (Sudan, Libya, DR Congo, etc), some countries in the Middle East (Iraq, Iran,Afghanistan), and a few in South and SouthEast Asia (Nepal, Bhutan, Vietnam, etc) and they’re mostly globalized below 40 percent. Egypt is  not super globalized, but decently globalized. The chart below is the globalization rankings of 2013 out of 187 nations in which Egypt ranks 81. Compared to other African countries, Egypt is pretty globalized. However, compared to the more developed countries, Egypt’s globalization rate is still quite low.

Egypt globalization ranking 2013
Egypt globalization ranking 2013

Now moving on to the three types of globalization- economic globalization, social globalization, and political globalization.  Egypt’s economic globalization has been growing at a steady rate, it has signed quite a lot of trading agreements such as the Egypt-EU partnership, the Egypt-EFTA partnership, Greater Arab Free Trade Agreement, and the Egypt Turkey Free Trade Agreement.

Moving on to Egypt’s social globalization,  social globalization is based on three factors- data on personal contact, data on information flows, and data on cultural proximity. Data on personal contact is measured by things such as international tourism and foreign population in the country. Tourism is a big part of Egypt’s economy and society. Around 14.7 million tourists visit Egypt every year, helping Egypt earn nearly 12.5 billion. This is a factor in social globalization because having such a large number of tourists means that Egypt is tolerant of having foreigners visiting their country. Some isolated countries that are less globalized like Bhutan actually avoids having contact with foreigners from other countries. Next on in the social globalization part, we have data on information flow, which includes internet users and rate of families owning electronic devices such as the television. 49.6% of Egypt’s population uses internet and 95% owns at least one television set in their house according to a research done by the World Bank in 2011. The last factor in social globalization is data on cultural proximity, which means the amount of foreign markets such as Ikea or McDonald in the country. In Egypt, many foreign markets have emerged over the past few decades.

Lastly, we have the political globalization. Political Globalization can be measured by the country’s membership in international organizations such as the UN and its international treaties with other countries. Egypt is an active participant in the United Nations and has signed many various international treaties such as the International Convention for the Safety of Life at Sea, International Convention Standards of Training, Certificates, and Watch Keeping, etc.

Globalization happens every single day throughout the whole entire world, Egypt will be expected to continue to globalize even further in the future.