Busy street market in Cairo (Photo: CIPE)
As the radio piece explains, President Hosni Mubarak has come to champion market-oriented reforms and has led efforts to privatize an estimated 85% of the Egyptian economy. This ideological change and ensuing policy reforms are reaping higher rates of foreign investment and engendering growth in key sectors, such as construction and tourism.
The street vendor is a ubiquitous feature of urban life virtually everywhere in the world. Food served from a battered cart, jewelry on rickety table, local souvenirs laid in neat rows on a blanket (ready to be pulled up by the corners at the first sign of the police).
Street vendors are often viewed as an urban nuisance even in the most developed of economies – recall Mayor Rudy Giuliani’s war on vendors, legal or otherwise, in New York City in the 1990s. The Federation of Economic Development Associations (FEDA), a grassroots federation of small and medium-sized enterprises (SMEs) in Egypt, knew that this would be an issue that would capture attention when its launched its own program aimed at this unlikely group of small business owners.
Still, FEDA has sparked public debate on the issue in Egypt at a level it didn’t expect. It earned significant print and broadcast media coverage – most recently, a spot on Nile Life TV’s popular Every Night program. Every Night is seen nationwide in Egypt and by satellite throughout the MENA region.
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Posted in Middle East and North Africa
Tagged advocacy, business associations, egypt, entrepreneurship, FEDA, informal sector, MENA, middle east
The CIPE Development Blog provides coverage of the Center for International Private Enterprise and its partner network at work -- highlighting successes, drawing out lessons from failure, and exploring the broader issues of political and economic development. For more information visit CIPE.org.
