Search

Begin New Search Topic Economics Political Geography Egypt Content Type Working Paper Publication Year within 10 Years

1. Egypt Faces Severe Economic Problems

Author:
Sara Nowacka
Publication Date:
08-2022
Content Type:
Working Paper
Institution:
The Polish Institute of International Affairs
Abstract:
In August, a year before the end of his term of office, Tarek Amer, head of the Egyptian Central Bank, resigned. This was a consequence of the deepening economic crisis caused by a decline in the country’s currency reserves and the impact of global problems on Egypt, which is dependent on food imports. Capital-intensive investments, mainly in the energy and real estate sectors, will exacerbate Egypt’s situation. Given the size of its population, economic collapse would have a significant destabilising impact on the EU’s southern neighbourhood.
Topic:
Economics, Currency, Economic Stability, and Economic Crisis
Political Geography:
Middle East and Egypt

2. Between Geopolitics and Geoeconomics: The Growing Role of Gulf States in the Eastern Mediterranean

Author:
Adel Abdel Ghafar
Publication Date:
02-2021
Content Type:
Working Paper
Institution:
Istituto Affari Internazionali
Abstract:
The role played by countries of the Gulf Cooperation Council (GCC) in the Eastern Mediterranean is becoming increasingly important. This calls for an assessment of their evolving relationship with countries in the region, as well as their involvement in the Libyan conflict. Increased involvement by Gulf actors may inflame existing regional rivalries and geopolitical tensions. The interests of GCC countries in the Eastern Mediterranean are first analysed in the broader context of regional rivalries. Special attention is then devoted to Egypt, Libya, Lebanon, Greece and Cyprus, while considering the role of other key regional actors such as Turkey and Israel. Recommendations on why and how the new US administration should intervene to decrease regional tensions are provided. Paper prepared in the framework of the IAI-Eni Strategic Partnership, January 2021.
Topic:
Economics, Geopolitics, and Rivalry
Political Geography:
Turkey, Middle East, Israel, Greece, Libya, Lebanon, Egypt, Cyprus, Mediterranean, and Gulf Nations

3. Pyramid Capitalism: Cronyism, Regulation, and Firm Productivity in Egypt

Author:
Ishac Diwan, Philip Keefer, and Marc Schiffbauer
Publication Date:
03-2015
Content Type:
Working Paper
Institution:
The John F. Kennedy School of Government at Harvard University
Abstract:
Using an original database of 469 politically connected firms under the Mubarak regime in Egypt, we explore the economic effects of cronyism. Previous research has shown that cronyism is lucrative. We address numerous questions raised by this research. First, do crony firms receive favorable regulatory treatment? We find that they do: connected firms are more likely to benefit from trade protection, energy subsidies, access to land, and regulatory enforcement. Second, does regulatory capture account for the high value of connected firms? In our sample, connected firms exhibit superior corporate performance relative to unconnected firms and this is systematically related to regulatory capture. Energy subsidies and trade protection, for example, account for the higher profits of politically connected firms. Third, do crony firms hurt growth? We exploit a natural experiment setting to show that the entry of politically connected firms into previously unconnected sectors slows employment growth and skews the distribution of employment towards less productive smaller firms.
Topic:
Economics, Economy, Business, Networks, and Cronyism
Political Geography:
Middle East, North Africa, and Egypt

4. The Future of Big Business in the New Egypt

Author:
Amr Adly
Publication Date:
11-2014
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
Egypt's big business community provided strong, early support for the military- backed government that came to power in June 2014. But despite that endorsement, the regime of President Abdel Fattah el-Sisi has made changes that are putting pressure on the private sector. Still, there are signs that some of those shifts are only temporary and that they have been taken out of necessity as the new political leadership attempts to repair a struggling economy. While elements of state-business relations may be reconfigured, big business remains essential to Egypt's long-term recovery.
Topic:
Economics and Political Economy
Political Geography:
Egypt

5. Egypt's Arms Deal with Russia: Potential Strategic Costs

Author:
David Schenker and Eric Trager
Publication Date:
03-2014
Content Type:
Working Paper
Institution:
The Washington Institute for Near East Policy
Abstract:
Cairo's possible purchase of advanced weapons systems from Russia could become another irritant in U.S.-Egyptian relations.
Topic:
Arms Control and Proliferation, Economics, and Bilateral Relations
Political Geography:
United States, Ukraine, Middle East, and Egypt

6. The Economics of Egypt's Rising Authoritarian Order

Author:
Amr Adly
Publication Date:
06-2014
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
Egypt's economy is in crisis as the new military-backed regime seeks to reestablish its authority. Fiscal restructuring and austerity measures are necessary to spur economic recovery, but they may be politically difficult to pass at this time. The new regime, therefore, will have to broaden its base and forge a more inclusive coalition of supporters in order to stabilize Egypt, retain power, and restore economic growth.
Topic:
Security and Economics
Political Geography:
Middle East and Egypt