Rentire Economy

A rentire economy is an economy that depends on revenues from sources such as Suez Canal,

Tourism, oil, and labor remittances.

Egypt has been accused of being a rentier economy. Critically discuss this statement through showing

arguments and the pros and cons of being a rentier economy and apply this on the current economic

condition.You should support your argument by providing data analysis about the 4 sources of

revenue and giving examples.