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The Egyptian



Joined: 16 Aug 2004
Posts: 2806

Posted: Wed Mar 02, 2005 11:42 am    Post subject: For the Intellectual, on Egypt and the Economy.  

The government remains the main employer, providing 42 per cent of job opportunities, compared to 33.8 per cent provided by the non-agricultural private sector. But given the declining prospects of government employment [due to privatisation] a major challenge lies ahead. As privatisation and liberalisation are implemented, who is it that will resolve Egypt's unemployment problem?"

If you are interested in voicing your opinion, your ideas are appreciated. For the sake of intellectual discussion, please let us know what you think!
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Hedgehog



Joined: 10 Mar 2005
Posts: 5171
Location: UK

Posted: Thu Mar 10, 2005 10:16 pm    Post subject:  

If goverment departments are privatsed, they will need to develop and expand if they want to provide a good service. Like all good companies if you give a good service the word gets around. Fresh ideas are developed and expanded....for that you need staff. Perhaps a simple and naive answer but no one else has put forward a sugestion
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RoughShod



Joined: 02 Sep 2004
Posts: 2102
Location: South Africa

Posted: Tue Apr 26, 2005 9:19 pm    Post subject:  

In South Africa, where change is always taking place, and over filled government departments are privitizing, and giving money packages to those that voluntarily leave, a new concept seems to be taking root.

Its called business incubation. A potential entreprenuer who has left a corporate body, or some government office applies at such a place. They give the person a written test which then gets sent to a phycologist, who analyses answers given, to see if the person has the necessary nature to withsatnd pressure, and be self motivated enough to stick with a plan.

They then basically allow the person to use their resources ,acounting facilities , administration etc, and of course, train the person in the running of his new business. there is a price tag of course, the new entreprenuer basically takes the incubation institution on as a partner, and they hold a certain percentage of equity in his business.

When he is up and running, and finally moves to his own premises, he can choose to buy them out, becoming solely repsonsible for his business, or keep them as support.
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