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Redistribution only directly addresses import dependence if the propensity to import lower down the income ladder is substantially lower than the propensity to import further up the income ladder.

In low income food surplus nations, that is reasonably common, but I don't know whether its the case for Egypt.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Mon Jul 15th, 2013 at 01:01:50 AM EST
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