Inequality of Opportunity in Egypt

Source: Brookings Institute Author: Javid Salehi-Isfahani Original Link: https://www.brookings.edu/blog/future-development/2017/07/25/inequality-of-opportunity-in-egypt/ It is rare to read an account of the Arab Spring uprisings without a reference to economic injustice. Indeed, it is natural to believe that economic and social injustice fuel, if not cause, all revolutions. For this plausible...

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Veils of secrecy: evaluating the IFC’s role in enhancing tax and ownership transparency in development projects

Source: Egyptian Initiative for Personal Rights Author(s): Original Link: https://eipr.org/en/publications/veils-secrecy-evaluating-ifcs-role-enhancing-tax-and-ownership-transparency-development 1. Introduction The International Finance Corporation (IFC), a member of the World Bank Group, is the largest development institution in the world that focuses exclusively on private-sector operations...

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On the Impact of Household Asset level and Inequality on Inter-governorate Migration: Evidence from Egypt

Source: Economic Research Forum Author (s): Mohamed El Hedi Arouri and Nguyen Viet Cuong Original Link: http://erf.org.eg/publications/on-the-impact-of-household-asset-level-and-inequality-on-inter-governorate-migration-evidence-from-egypt/ We investigate whether the level and the inequality of household assets impact inter-governorate migration in Egypt using gravity models and data from the...

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What Egypt’s FY18 Aid Package Means for Egypt-U.S. Relations

Source: The Tahrir Institute Author(s): Amr Kotb Original Link: https://timep.org/commentary/what-egypts-fy18-aid-package-means-for-egypt-u-s-relations/ U.S. President Donald Trump signed on March 23 the legislation that determines Egypt’s foreign assistance package for fiscal year 2018, marking the end to a tumultuous year in the government’s budget appropriations process. While budget...

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The ups and downs of Egypt’s interest rates: What does the central bank want?

Source: MadaMasr Author(s): Osman El Sharnoubi Original Link: https://www.madamasr.com/en/2018/03/29/feature/economy/the-ups-and-downs-of-egypts-interest-rates-what-does-the-central-bank-want/ The Central Bank of Egypt’s Monetary Policy Committee will meet later today to decide whether to cut interests rates for the second time since January 2015.  The 1-percent drop the committee instituted...

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Raising the Stakes: Implications of a Second Sisi Term

Source: The Tahrir Institute Author(S): TIMEP Original Link: https://timep.org/special-reports/raising-the-stakes-implications-of-a-second-sisi-term/ Summary: Egypt’s 2018 presidential elections offer little illusion of any outcome than incumbent Abdel-Fattah el Sisi’s certain reelection to a second term; any expectation for free and fair elections was lost after four years of unprecedented...

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Politics Affect Exports in Egypt

Source: Economic Research Forum Author(s): Nora Aboushady and Chahir Zaki Original Link: http://erf.org.eg/publications/politics-affect-exports-in-egypt/ Snapshot: Investment-related regulations are a major determinant of the firm’s decision to expand its activities and enter the exports market. Despite recent reforms of investment related laws and regulations, exports continue to drop...

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Egypt’s cement crisis and military dominance

Source: Egyptian Institute for Studies Author(s): Ahmed Zikrallah Original Link: https://en.eipss-eg.org/egypts-cement-crisis-and-military-dominance/ The cement industry in Egypt seems to have been experiencing difficult times that are expected to continue for at least several years to come, as a result of the current situation in the cement market, represented in low demand, which leads to...

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An Economic Reading of Sinai Development

Source: Egyptian Institute for Studies Author(s): Ahmed Zikrallah  Original Link: https://en.eipss-eg.org/an-economic-reading-of-sinai-development/ – Sinai Development Projects: An Economic Reading      Although Egyptians have dreamed of the development of Sinai Peninsula for decades, however the province suffered from deliberate negligence in terms of both wealth and human beings. The Sinai...

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Israel-Egypt gas deal: politics, or business as usual?

Source: Middle East Institute Author(s): Rauf Mammadov Original Link: http://www.mei.edu/content/article/israeli-egyptian-gas-deal-politics-or-business-usual On Feb. 19, a consortium of oil companies led by the U.S.’s Noble Oil and Israel’s Delek signed a contract to supply the Egyptian energy company Dolphinus with up to 32 billion cubic meters of Israeli gas over ten years. The deal jolted...

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Companions to the Israeli gas deal: Noble and Delek in talks to acquire East Mediterranean Gas pipeline

Source: MadaMasr Author(s): Asmahan Soliman Original Link: https://www.madamasr.com/en/2018/02/28/feature/politics/companions-to-the-israeli-gas-deal-noble-and-delek-in-talks-to-acquire-east-mediterranean-gas-pipeline/ Sources close to the gas deal signed between Dolphinus Holdings, which is partly owned by Egyptian businessman Alaa Arafa, and Delek and Noble Energy, the lead partners managing...

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Eye on Debt II: The second report monitoring the economic and social impact of the IMF loan

Source: Egyptian Initiative for Personal Rights Author (s): Salma Hussein and Abdelhamid Mekawy Original Link: https://eipr.org/en/publications/eye-debt-ii-second-report-monitoring-economic-and-social-impact-imf-loan Summary: Under the terms of the IMF program and the first review report issued by IMF experts in September 2017, the Egyptian government was obligated to carry out 17 measures to...

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