The Egyptian Economy in the Twenty-first Century

The Egyptian Economy in the Twenty-first Century

Author: Khalid Ikram

Publisher: American University in Cairo Press

Published: 2022-11-29

Total Pages: 354

ISBN-13: 1649033001

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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.


Egypt in the Twenty First Century

Egypt in the Twenty First Century

Author: M. Riad El-Ghonemy

Publisher: Routledge

Published: 2003-07-03

Total Pages: 262

ISBN-13: 1134411928

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An overview of the political economy and development of contemporary Egypt, focusing on the nature and extent of economic reform and restructuring in the last twenty years.


The Egyptian Economy, 1952-2000

The Egyptian Economy, 1952-2000

Author: Khalid Ikram

Publisher: Routledge

Published: 2007-04-11

Total Pages: 430

ISBN-13: 1134227531

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Interviews with former Prime Ministers and Cabinet Ministers along with previously unpublished analysis by the World Bank, IMF and USAID provide entertaining and interesting insights into Egypt's economic development policy during 1952 to 2000. Areas addressed include: * the performance of the Egyptian economy since 1950s * the factors that have facilitated or retarded economic performance * the Egyptian authorities approach to economic issues and policy-making * the chief questions that policy-makers will have to deal with in the next twenty years. Set apart by Khalid Ikram’s intimate knowledge of the Egyptian policy-makers this book presents a unique account of economic development and policy-making in Egypt during 1952 to 2000.


COVID-19 and the Egyptian Economy: From reopening to recovery: Alternative pathways and impacts on sectors, jobs, and households

COVID-19 and the Egyptian Economy: From reopening to recovery: Alternative pathways and impacts on sectors, jobs, and households

Author: Breisinger, Clemens

Publisher: Intl Food Policy Res Inst

Published: 2020-11-24

Total Pages: 11

ISBN-13:

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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.


The Egyptian Economy

The Egyptian Economy

Author: Hanaa Kheir-El-Din

Publisher: American University in Cairo Press

Published: 2008-02-01

Total Pages: 447

ISBN-13: 1617975257

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The Egyptian economy has undergone several reforms since the early 1990s. However, it was not until recently that the reform process picked up speed and intensity. Key initiatives included shifting to a flexible exchange rate regime, liberalizing trade, revising and reducing the tariff structure, and improving the income tax system. Plans are underway to restructure the financial sector and privatize most state-owned enterprises. This volume aims to evaluate the impact of recent reform policies and highlight priority areas for further reform at the macroeconomic and institutional levels. Topics addressed include growth, distribution, and poverty reduction; monetary policy and the impact of exchange rate liberalization; unemployment and job creation; and the new pension system. The objective is to contribute to ongoing efforts to stimulate growth and employment, ensure fiscal sustainability, improve the external sector, and address issues related to poverty and income distribution. The volume focuses on the health and energy sectors in Egypt, with the aim of assessing each sector in three areas: financing, organization, and policy management, in order to suggest ideas for reform in light of international experience. Contributors: Ragui Assaad, Omneia Helmy, Abdallah Shehata Khattab, Hanaa Kheir-El-Din, Aart Kraay, Heba El-Laithy, Nihal El-Megharbel, Mai El Mossallamy, Tarek Abdelfattah Moursi, Sarah El Nashar, Tarek Selim, Enas Zakareya.


The Political Economy of Reforms in Egypt

The Political Economy of Reforms in Egypt

Author: Khalid Ikram

Publisher: Oxford University Press

Published: 2018

Total Pages: 449

ISBN-13: 9774167945

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Drawing on Khalid Ikram's extensive knowledge of economic policymaking at the highest levels, The Political Economy of Reforms in Egypt lays out the enduring features of the Egyptian economy and its performance since 1952 before presenting an account of policy-making, growth and structural change under the country's successive presidents to the present day.


Whatever Else Happened to the Egyptians?

Whatever Else Happened to the Egyptians?

Author: Galal A. Amin

Publisher: American Univ in Cairo Press

Published: 2004

Total Pages: 200

ISBN-13: 9789774248191

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At the time of the Egyptian Revolution in 1952, the population of Egypt was around 22 million. At the end of 2002, it stood at 69 million, and was growing at a rate of 1.33 million a year. What happens to a society that grows so quickly, when the habitable and cultivable land of the country is strictly limited? After the success of Whatever Happened to the Egyptians?, Galal Amin now takes a further bemused look at the changes that have taken place in Egyptian society over the past half century, this time considering the disruptions brought about by the surge in population. Basing his arguments on both academic research and his own personal experiences and impressions, and employing the same light humor and keen sense of empathy as in his earlier work, the author discusses how runaway population growth has not only profound effects on many aspects of society--from love and fashion to telephones, the supermarket, and religion--but also predictable effects on the economy.


The Egyptian Economy, 1952-1972

The Egyptian Economy, 1952-1972

Author: Robert Mabro

Publisher: Oxford University Press, USA

Published: 1974

Total Pages: 276

ISBN-13:

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Monograph on economic development in Egypt from 1952 to 1972 - covers historical and demographic aspects, natural resources, land reform, the impact of the aswan dam on the agricultural sector, economic planning, the public sector, nationalization, modernization, industrialization, economic growth, employment, income distribution, etc. Bibliography pp. 245 to 250, map, references and statistical tables.


Egypt

Egypt

Author:

Publisher:

Published: 2013

Total Pages: 73

ISBN-13:

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Economic development; Egypt; economic conditions; 21st century.


A Poetics of Political Economy in Egypt

A Poetics of Political Economy in Egypt

Author: Kristin Koptiuch

Publisher: U of Minnesota Press

Published: 1999

Total Pages: 167

ISBN-13: 9780816625383

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Original in perspective, innovative in approach, this book investigates the changing relationship between Egypt's urban artisanry and the larger socio-historical transformations of the Egyptian economy. Focusing on two key historical periods in the early and late twentieth century, Kristin Koptiuch examines the political and economic conditions that affected the role of the artisan in Egypt over time. She is particularly interested in how the politics of representation in different modes of discourse -- colonialist, nationalist, developmentalist, ethnographic -- have alternatively cast Egypt's craft production as outmoded artisanry and as an ingenious, micro-entrepreneurial "informal sector." In light of the artisans' changing relation to the national and global economy, Koptiuch reads this figurative shift from "artisanry" to "informal sector" as a political allegory that contradicts the dominant narratives of Egypt's colonial modernity and neocolonial postmodernity. Attention to this allegorical figuration discloses what Koptiuch calls a poetics of political economy. Contrary to conventional positivist social science, realist ethnography, and empiricist history, this approach acknowledges the intricate mutual workings of meaning and material culture.