Source: The Tahrir Institute For Middle East Policy Author(s): Osama Diab Original Link: https://timep.org/commentary/egypts-payroll-is-fine-but-its-revenues-are-too-low/ Throughout June, the Egyptian cabinet and parliament debated a budget for the 2017–18 fiscal year, which began on July 1. The budget has been referred to in Egypt as the “IMF budget” due to the number of restrictions in an...
Learn MoreSource: Chatham House Author(s): Thomas Husken Original Link: https://www.chathamhouse.org/publication/ia/practice-and-culture-smuggling-borderland-egypt-and-libya Abstract: This article looks at smuggling among the Awlad ‘Ali Bedouin in the borderland of Egypt and Libya. Smuggling is understood as a transgressive economic practice that is embedded in the wider social, political and cultural...
Learn MoreSource: Chatham House Author(s): David Butter Original Link: https://www.chathamhouse.org/expert/comment/egypts-sisi-gives-one-hand-and-takes-away-other As the Egyptian parliament was nearing the conclusion of its review of the government’s draft budget for the 2017–18 (July–June) fiscal year, President Abdel-Fattah el-Sisi on 21 June announced a package of measures including extra funding for...
Learn MoreSource: Carnegie Endowment Author(s): Brendan Meighan Original Link: http://carnegieendowment.org/sada/71342 The Central Bank of Egypt’s (CBE) decision to raise its interest rates by 2 percentage points on May 21, 2017 caught the Egyptian business community and investors by surprise. In a Reuters survey of economists following the Egyptian market conducted five days prior, all but one of the...
Learn MoreSource: Centre For Security Studies Author(s): Yasser El-Shimy, Anthony Dworkin Original Link: http://www.css.ethz.ch/en/services/digital-library/articles/article.html/e1f7c8c5-4f38-449b-b704-28f1284d79da Summary Europe’s current policy towards Egypt is dominated by immediate migration concerns and commercial opportunities. But this short-sighted approach offers few benefits and...
Learn MoreSource: Atlantic Council Author(s): Mohsin Khan, Elissa Miller Original Link: http://www.atlanticcouncil.org/blogs/menasource/why-inflation-is-so-high-in-egypt Over the past decade or so, Egypt has consistently experienced relatively high rates of inflation. But since the advent of the Arab Spring in 2011, the increase in consumer prices steadily accelerated. During 2011-2015, the average rate...
Learn MoreSource: Rubin Center Research In International Affairs Author(s): Seth J. Frantzman Original Link: http://www.rubincenter.org/2017/06/egypt-confronts-economic-and-security-challenges-as-it-attempts-to-regain-its-position-in-the-arab-world/ Snapshot: Six years after protests toppled Husni Mubarak, Egypt is still struggling with the aftermath of the “Arab Spring” and the chaos it unleashed. The...
Learn MoreSource: Carnegie Endowment Author(s): Zeinab Abul-Magd Original Link: http://carnegieendowment.org/sada/71198 This Ramadan, the Egyptian army is charitably distributing millions of food boxes in poor urban and rural areas across the country. Conscripted soldiers from various military branches pack food items including sugar, rice, beans, pasta, cooking oil, tomato paste, and tea in boxes that...
Learn MoreSource: The Egyptian Center For Economic Studies Author(s): Omneia Helmy, Chahir Zaki, Aliaa Abdallah Original Link: http://www.eces.org.eg/Publication.aspx?Id=625&Type=10 Abstract: This paper examines cyclical characteristics of remittances and explores their counterbalancing and consumption-smoothing potential. First, it uses quarterly data to better reflect the shortterm dynamics of...
Learn MoreSource: Economic Research Forum Author(s): Mélika Ben Salem, Chahir Zaki Original Link: http://erf.org.eg/publications/revisiting-the-impact-of-trade-openness-on-informal-and-irregular-employment-in-egypt/ Abstract: This paper examines the impact of trade openness on job quality through the evolution of the shares of informal and irregular employment in total employment. In fact, Egypt has...
Learn MoreSource: Economic Research Forum Author(s): Amirah El-Haddad, Jeremy Hodge, Nizar Manek Original Link: http://erf.org.eg/publications/the-political-economy-of-a-sector-in-crisis-industrial-policy-and-political-connections-in-the-egyptian-automotive-industry/ Abstract: The Egyptian automotive industry developed under the country’s policy of import substitution industrialization (ISI). It mainly...
Learn MoreSource: The Tahrir Institute For Middle East Policy Author(s): Osama Diab Original Link: https://timep.org/commentary/a-monetary-theory-of-everything-printing-new-money-and-egypts-economic-ills/ Last week, the Central Bank of Egypt (CBE) unexpectedly decided to raise interest rates by two percentage points to mitigate spiraling inflation. While academic economists and observers of financial...
Learn MoreMEPP © 2018 All Rights Reserved Terms of Use and Privacy Policy
The publications re-posted on www.me-policy.org are available to the public and are not MEPP original publication. Each publication includes a reference to the source location. MEPP is not responsible for, nor does it necessarily endorse its content. Any views expressed are solely those of the author or publisher and do not necessarily reflect those of MEPP. Experts listed on MEPP are are independent or affiliated with their respective institutions and have no affiliation to MEPP.