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اليوم السابع
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Egyptian theory of four elements of production impact
The article provides an explanation of Egypt's "Integration of the Four Elements of Production" theory and how it can reshape the global economic landscape through this framework. The theory focuses on five main elements aimed at correcting production conditions and building on a solid foundation capable of meeting people's consumption needs, including "creating productivity from available resources." It criticizes the capitalist philosophy that has dominated for four centuries, which has led to recurrent financial crises, emphasizing that relying solely on the private sector is insufficient for community development. The Egyptian approach offers a practical solution to avoid major upcoming crises. Furthermore, the importance of utilizing elements such as the economy of institutions, digital technologies, governance, and digital sovereignty is highlighted to promote growth and economic stability. The study asserts that adopting this theory can contribute to maintaining a strong, sustainable productive base that meets the needs of the people, and to developing an economic model that balances resources and interests, thereby preventing future financial crises.
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