Egypt S Economic Potential
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Egypt S Economic Potential Rle Egypt
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Author : Roberto Aliboni
language : en
Publisher: Routledge
Release Date : 2013-01-03
Egypt S Economic Potential Rle Egypt written by Roberto Aliboni and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-03 with Reference categories.
Over the last ten years the Egyptian economy has undergone a major transformation which has led to greater decentralisation and international competition. This transformation, along with changing circumstances in the surrounding Arab areas and the end of hostilities with Israel, has given a boost to the Egyptian economy. Without underestimating the obstacles that still stand in the way of sustained economic growth and development, this book foresees a more optimistic outlook for Egypt than do other such studies carried out by international organisations such as the World Bank. Egypt’s Economic Potential argues that the main problem facing the Egyptian economy is that the government must resort to expensive public expenditure policies, in particular subsidising foodstuffs, in order to maintain the political consensus. This creates a savings gap which prevents the authorities from channelling savings towards financing the projects which will cerate economic growth. However, the book suggests that because the present regime is fundamentally stable and even further change at the top would be unlikely to alter the institutional framework of the country, the Egyptian economy has the potential for stable and rapid growth.
Egypt S Economic Potential
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Author : Roberto Aliboni
language : en
Publisher:
Release Date : 1984
Egypt S Economic Potential written by Roberto Aliboni and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Egypt categories.
The Egyptian Economy In The Twenty First Century
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Author : Khalid Ikram
language : en
Publisher: American University in Cairo Press
Release Date : 2022-11-29
The Egyptian Economy In The Twenty First Century written by Khalid Ikram and has been published by American University in Cairo Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-11-29 with History categories.
A multi-faceted account of Egyptian economic development by nineteen internationally recognized authorities and the critical challenges the economy is likely to face in the next twenty years The Egyptian Economy in the Twenty-first Century addresses the question of why Egypt, despite possessing a plethora of assets—such as a fertile agriculture, a strategic geographic location, oil and gas deposits, innumerable tourist sites, a labor force prized by regional countries, and a diaspora that remits large amounts of funds—has seldom performed to its economic potential during the last sixty years. Indeed, economic weakness created political weakness, and often exposed the country to foreign diktats. What should the country do to change this state of affairs? Nineteen internationally recognized authorities on the Egyptian economy discuss the critical challenges that the Egyptian economy is likely to face in the next two to three decades, challenges which must be overcome in order to improve the life of Egypt’s citizens and to protect the country from external pressures. Their analyses cover population and employment; development strategies; principal macroeconomic issues; development of a digital economy; fiscal and monetary matters; the external sector; poverty and income distribution; the enterprise structure; higher education; water availability; urbanization; institutional performance; and many others. Contributors: - Gouda Abdel Khalek, Cairo University, Cairo, Egypt - Khaled M. Abu-Zeid, Regional Water Resources, CEDARE (Center for Environment and Development for the Arab Region and Europe), Cairo, Egypt. - Fatma El Ashmawy, World Bank. - Ragui Assaad, University of Minnesota, Twin Cities of Minneapolis and Saint Paul, Minnesota, USA - Izak Atiyas, Economic Research Forum, Cairo, Egypt. - Marwa Biltagy, Cairo University, Cairo, Egypt. - Lahcen Bounader, International Monetary Fund. - Ishac Diwan, École Normale Supérieure, Paris, France. - Ahmed Ghoneim, Cairo University, Cairo, Egypt. - Khalid Ikram, Washington DC, USA. - Karima Korayem, al-Azhar University, Cairo, Egypt. - Heba el-Laithy, Cairo University, Cairo, Egypt. - Noha el-Mikawy, Ford Foundation, Middle East and North Africa, Cairo, Egypt. - Mohamed Mohieddin, Menoufia University, Menoufia, Egypt. - Heba Nassar, Cairo University, Cairo, Egypt. - Osman Mohamed Osman, Cairo, Egypt. - Noha Razek, University of Regina, Regina, Saskatchewan, Canada. - David Sims, Cairo, Egypt. - John Waterbury, Princeton, New Jersey.
Covid 19 And The Egyptian Economy From Reopening To Recovery Alternative Pathways And Impacts On Sectors Jobs And Households
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Author : Breisinger, Clemens
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2020-11-24
Covid 19 And The Egyptian Economy From Reopening To Recovery Alternative Pathways And Impacts On Sectors Jobs And Households written by Breisinger, Clemens and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-24 with Political Science categories.
Although the global economy is forecasted to shrink by 4.4 percent in 2020 (IMF 2020), the Egyptian economy is proving resilient to the immense human and financial costs caused by the global COVID-19 pandemic. This resilience is mainly explained by the successful implementation of the economic reform program since 2016 that provided more fiscal space to withstand the adverse impact of the COVID-19 crisis. However, that Egypt’s economy is holding up is also due to the rapid response and proactive measures to limit the impact of the virus that were implemented by the Egyptian Government since March 2020 (MPED 2020). These enabled the country to avoid a full lockdown policy (Figure 1). While Egypt posted negative economic growth rates from April to June 2020 at the height of the crisis, overall economic growth was still positive at 3.6 percent for fiscal year (FY) 2019/20. This estimate is only slightly lower than the initial projection of the impact of the pandemic on Egypt’s economy of an annual economic growth equal to 3.8 percent, as estimated by staff of the International Food Policy Research Institute (IFPRI) and the Ministry of Planning and Economic Development (MPED) (Breisinger et al. 2020). The deviation between the early and final estimate can be mainly explained by the lower than expected growth rates in the manufacturing and health services sectors and the better than expected performance of the trade and transport sectors.
Impact Of Covid 19 On The Egyptian Economy Economic Sectors Jobs And Households
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Author : Breisinger, Clemens
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2020-06-15
Impact Of Covid 19 On The Egyptian Economy Economic Sectors Jobs And Households written by Breisinger, Clemens and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-06-15 with Political Science categories.
The COVID-19 crisis may lead to a 1.1 percent decline in Egypt’s GDP during the 4th quarter (April to June) of the 2019/20 fiscal year, compared to the same quarter in 2018/19. Without the Government of Egypt’s COVID-19 emergency response package, GDP in Q4 may have declined by 8.7 percent. Tak-ing the emergency response pack-age into account, we estimate an annual growth rate of 3.8 percent for FY 2019/20. Without the emer-gency response package, annual growth for FY 2019/20 may have been as low as 1.9 percent. The services sector is hit hardest, falling by 10.9 percent, followed by industry at -8.3 percent. Agriculture is the most resilient sector. However, these losses are lower than those expected in comparable countries, especially those that resorted to extended periods of full lockdowns. Impacts on Egypt’s agri-food system are less severe than elsewhere in the economy. Most damage will occur in nonfarm components of the agri-food system due to falling consumer demand. Although higher-income households face the largest income losses, lower-income households also will see their incomes decline significantly. The level of social protection required to fully offset the income losses of poor households is likely to be prohibitive, especially given falling revenues from reduced economic activity. Continuing to gradually open the economy again will be critical for avoiding permanent job losses and increases in poverty for the coming year. The process of re-opening the economy may also provide opportunities for fostering more private sector-driven and sustainable economic transformation.
Entrepreneurship Innovation In Egypt
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Author : Nagla Rizk
language : en
Publisher: Oxford University Press
Release Date : 2016
Entrepreneurship Innovation In Egypt written by Nagla Rizk and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Business & Economics categories.
Entrepreneurship and innovation have emerged globally as significant drivers for inclusive economic growth, contributing to both job and wealth creation. Especially since Egypt's 2011 revolution, the need has become pressing for novel models that capitalize on the country's human resources. Half of the Egyptian population is less than 25 years old and almost one quarter is between 18 and 29 years old. More than any other time, an entrepreneurial spirit and innovative mindset need to be fostered and encouraged to best rebuild the country's economy on solid and sustainable foundations. This important book sheds new light on the promise of entrepreneurship and innovation in restructuring Egypt, and their potential for promoting economic development. It probes the relationship between innovation and economic growth, providing linkages between academic research and applied/industry needs. It also looks at how creativity and innovation can be embedded in the educational system, the challenges facing the entrepreneurial ecosystem, and considers ways to enhance social entrepreneurship. Covering a lot of ground, the authors propose answers and solutions, as well as laying the groundwork for further research and deliberations--in this field in general and in Egypt, at this juncture of the country's development, in particular.
Arab Republic Of Egypt
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Author : International Monetary Fund. Middle East and Central Asia Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2018-01-22
Arab Republic Of Egypt written by International Monetary Fund. Middle East and Central Asia Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-01-22 with Business & Economics categories.
This paper analyzes that past growth was characterized by a suboptimal allocation of the factors of production and a lack of dynamism in the private sector. By identifying the main constraints to private sector-led growth and higher employment generation, it suggests policies to further shift Egypt’s economic model toward increased private sector participation and integration into global value chains. To this end, reforms should aim at removing the distortions to the optimal allocation of resources in the economy and equip the labor force with the skills needed to benefit fully from future job opportunities. These reforms would also help better integrate women and youth into the job market. The authorities have embarked on a reform program to address these challenges and important steps have already been taken. Improved macrostability and a strong political commitment to reforms present an opportunity to further structural reforms that intensify private sector-led growth and job creation and strengthen trade integration.
Stabilization And Adjustment In Egypt
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Author : Gouda Abdel-Khalek
language : en
Publisher: Edward Elgar Publishing
Release Date : 2001-01-01
Stabilization And Adjustment In Egypt written by Gouda Abdel-Khalek and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-01-01 with Political Science categories.
This book studies the impact of Egypt's Economic Reform and Structural Adjustment Programme (ERSAP), the effects of which have been of great interest to the international community. Organizations such as the World Bank and the IMF uphold the programme as a success story and example for other countries to follow. ERSAP also has its critics, however, who resent its tendency to downsize government and fear possible negative effects on growth and development. The author discusses these concerns along with those regarding the possible negative social effects of ERSAP.
The Political Economy Of Crisis Management And Reform In Egypt
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Author : Mahmoud Mohieldin
language : en
Publisher: Palgrave Macmillan
Release Date : 2024-08-10
The Political Economy Of Crisis Management And Reform In Egypt written by Mahmoud Mohieldin and has been published by Palgrave Macmillan this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-08-10 with Business & Economics categories.
There is a significant discrepancy between the population of Egypt and the GDP of this country. This book offers pragmatic policy prescriptions for Egyptian decision-makers. It provides a path forward and toward a better future for the Egyptian people. The country faces challenges with household income, social welfare, productivity, and many other markers of twenty-first century economic success even vis-à-vis other developing country peers. This book focuses on framing the optimal macroeconomic policy agenda for Egypt in the face of the big global, regional and national forces that are being accelerated, intensified or changed by the COVID-19 crisis rather than on specific sectoral policy formulations. The authors present these big questions in the context of showing how Egypt can best navigate the risks and seize the opportunities of the current period of intense flux and transition, to put itself in the best possible position to create prosperity, stability, and hope for its citizens. The authors examine to what extent the Egyptian authorities can fulfill their ambitious development plans and in producing this work, to provide useful lessons that can be applied to other governments struggling to respond to the challenges of the age.
Anchoring Reform With A Us Egypt Free Trade Agreement
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Author : Ahmed Galal
language : en
Publisher: Peterson Institute for International Economics
Release Date : 2005
Anchoring Reform With A Us Egypt Free Trade Agreement written by Ahmed Galal and has been published by Peterson Institute for International Economics this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.
Considers the economic and political characteristics of Egypt as a potential FTA partner. This book examines the benefits and challenges in pursuing bilateral negotiations with Egypt, examines the Bush proposal for a regional arrangement, and assesses the impact of a prospective FTA on other trading partners and on the multilateral trading system.