The Impact of Dollarization on the Agricultural and Industrial Sectors in the Egyptian Economy Post the 2011 Revolution

Abstract

This paper will shed light on the fluctuations that happened to the exchange rate in Egypt and from 2011post the 25th of January revolution until 2022. The great dependency on the dollar led to high increase in prices and rise in the inflation rates. In addition, this paper will analyse the impact of dollarization on the various sectors in the Egyptian economy, namely the agricultural and industrial sectors and display the dependency of those sectors on the value of the Dollar. The findings showed that the restrictions on imports raised the prices of imported raw materials and soil fertilizers, which caused shortages and increased the prices of both agricultural and industrial products.