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Author:   Dr. Khalid Ikram ,  Dr. Heba Nassar
Publisher:   American University in Cairo Press
Imprint:   American University in Cairo Press
ISBN:  

9781649031778

ISBN 10:   1649031777
Pages:   476
Publication Date:   29 November 2022
Audience:   General/trade ,  General
Format:   Hardback
Publisher's Status:   Active
Availability:   Not yet available  
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Table of Contents

Note on Contributors List of Figures and Tables Preface Acknowledgments Introduction Khalid Ikram Part 1: The Human Factor 1. Prospects for Egypt’s Population and Labor Force: 2000 to 2050 Ragui Assaad 2. The poverty trap: Why is it Persisting in Egypt? Osman Mohamed Osman and Heba El Laithy 3. Urbanization in Egypt David Sims 4. Street Children in Egypt: Principal Causes and Economic Cost Karima Korayem 5. Is Egypt’s Higher Education System Broken? John Waterbury 6. Water Challenges and Recommended Policies Khaled Abu-Zeid Part 2: Development Strategies 7. The “Trickle-down” Approach: Its Relevance to The Case of Egypt Gouda Abdel-Khalek 8. Human Resource Competitiveness and the Digital Economy Heba Nassar and Marwa Biltagy 9. The “Missing Middle” in Egypt’s Enterprises and Its Impact on Economic Growth Izak Atiyas and Ishac Diwan Part 3: Drivers and Policy Instruments 10. The External Sector: Performance and Issues Ahmed Ghoneim 11. The Natural Gas Sector: Opportunities and Challenges Noha H.A. Razek 12. Fiscal Policies and Issues Fatma El Ashmawy 13. Monetary Policy in Egypt: Medium- and Long-term View Lahcen Bounader Part 4: Institutional Development 14. Institutional Constraints and Opportunities Noha El-Mikawy and Mohamed Mohieddin

Reviews

PRAISE FOR THE POLITICAL ECONOMY OF REFORMS IN EGYPT: A must read for all those with an interest in the political calculations that underlie the making and implementing of economic policies. --Shahid Yusuf, George Washington University School of Business An important contribution not just to the economic history of Egypt, but to the political economy of aid and development.--Ehtisham Ahmad, University of Bonn and London School of Economics This book is a gem. . . . It is poised to be a classic read for students, researchers, and practitioners alike. --Tarek H. Selim, The American University in Cairo This book is not only a major analytical contribution toward understanding the Egyptian political economy, but also provides a template for assessing policy challenges in other developing countries, particularly in the Middle East. --Zubair Iqbal, Middle East Institute Khalid Ikram cuts straight through to the deep-rooted causes for the failure to improve productivity and growth. With breadth, precision and clarity, he traces the absence of real reform back to the low level of political legitimacy accorded to the regimes in place since the 1970s and to governance more focused on political survival than on the pursuit of long-term economic growth. --Ishac Diwan, Chaire Economie Monde Arabe, Paris Sciences et Lettres This outstanding book puts Egypt's economic history in the context of those of other developing countries, comparing it to such histories in East Asia and Latin America. Ikram skillfully weaves economic theory into his account of Egyptian economic policies over the last half century and assesses the role and effectiveness of foreign aid. --John Waterbury, Foreign Affairs A complex, but comprehensive web of analysis. --China International Strategy Review This book is an outstanding work on several fronts. It is not only a book on the political economy of reforms in Egypt; rather it is the only book available that has tackled economic reforms in a comprehensive manner. . . . serves a wide audience, ranging from policymakers to academics to students and laymen. . . . an indispensable source. --Ahmed Ghoneim, Review of Economics and Political Science A useful resource for understanding Egypt's economic predicaments.--Housam Darwisheh, The Developing Economies Khalid Ikram's book is a must read for anyone looking for a comprehensive review of Egypt's political economic challenges of the past 70 years. . . . It's approachable for non-economists while having enough substance to benefit specialists as well who are looking for qualitative context to the story told in the data on Egypt's economic history. It's also a pleasure to read. --Timothy Kaldas, The Tahrir Institute for Middle East Policy

A tour de force! Ikram and Nassar have assembled leading experts on Egypt and have compiled a masterful collection of strongly analytic yet highly policy-relevant chapters on key aspects of the economy. Critical challenges are identified with acuity, and vital recommendations are offered to help steer future policies. An excellent contribution and a must read. --Danny Leipziger, George Washington University PRAISE FOR THE POLITICAL ECONOMY OF REFORMS IN EGYPT: A must read for all those with an interest in the political calculations that underlie the making and implementing of economic policies. --Shahid Yusuf, George Washington University School of Business An important contribution not just to the economic history of Egypt, but to the political economy of aid and development. --Ehtisham Ahmad, University of Bonn and London School of Economics This book is a gem. . . . It is poised to be a classic read for students, researchers, and practitioners alike. --Tarek H. Selim, The American University in Cairo This book is not only a major analytical contribution toward understanding the Egyptian political economy, but also provides a template for assessing policy challenges in other developing countries, particularly in the Middle East. --Zubair Iqbal, Middle East Institute Khalid Ikram cuts straight through to the deep-rooted causes for the failure to improve productivity and growth. With breadth, precision and clarity, he traces the absence of real reform back to the low level of political legitimacy accorded to the regimes in place since the 1970s and to governance more focused on political survival than on the pursuit of long-term economic growth. --Ishac Diwan, Chaire Economie Monde Arabe, Paris Sciences et Lettres This outstanding book puts Egypt's economic history in the context of those of other developing countries, comparing it to such histories in East Asia and Latin America. Ikram skillfully weaves economic theory into his account of Egyptian economic policies over the last half century and assesses the role and effectiveness of foreign aid. --John Waterbury, Foreign Affairs A complex, but comprehensive web of analysis. --China International Strategy Review This book is an outstanding work on several fronts. It is not only a book on the political economy of reforms in Egypt; rather it is the only book available that has tackled economic reforms in a comprehensive manner. . . . serves a wide audience, ranging from policymakers to academics to students and laymen. . . . an indispensable source. --Ahmed Ghoneim, Review of Economics and Political Science A useful resource for understanding Egypt's economic predicaments. --Housam Darwisheh, The Developing Economies Khalid Ikram's book is a must read for anyone looking for a comprehensive review of Egypt's political economic challenges of the past 70 years. . . . It's approachable for non-economists while having enough substance to benefit specialists as well who are looking for qualitative context to the story told in the data on Egypt's economic history. It's also a pleasure to read. --Timothy Kaldas, The Tahrir Institute for Middle East Policy

"PRAISE FOR THE EGYPTIAN ECONOMY IN THE TWENTY-FIRST CENTURY: ""A tour de force! Ikram and Nassar have assembled leading experts on Egypt and have compiled a masterful collection of strongly analytic yet highly policy-relevant chapters on key aspects of the economy. Critical challenges are identified with acuity, and vital recommendations are offered to help steer future policies. An excellent contribution and a must read."" --Danny Leipziger, George Washington University ""This book brings together articles by well-known experts on the critical areas of the Egyptian economy, both its current situation, and the near term outlook. It not only addresses the challenges that the economy is currently encountering, but also provides the analytical framework that will be needed to assess and respond to the likely unforeseen economic effects of the possible structural shifts in the global economy in the period ahead. The book is an important contribution to understanding the evolving Egyptian political economy and helps establish a sound basis for formulating the needed policy reforms to achieve Egypt's medium term objectives.""--Zubair Iqbal, Middle East Institute ""This tour de force is a major contribution to development economics in times of unprecedented and accelerating change. The chapters in this book set out to explain why Egypt, despite its numerous physical and human assets, has so frequently underperformed its economic potential during the last sixty years. The way out is by abandoning the current zigzag of incoherent policies in favor of a human-resource-based strategy similar to that of the East Asian Tigers. The main message may be summed up in the words of Albert Einstein: 'We cannot solve our problems with the same thinking we used when we created them.'""--Samir Radwan, Former Minister of Finance of Egypt PRAISE FOR THE POLITICAL ECONOMY OF REFORMS IN EGYPT: ""A must read for all those with an interest in the political calculations that underlie the making and implementing of economic policies."" --Shahid Yusuf, George Washington University School of Business ""An important contribution not just to the economic history of Egypt, but to the political economy of aid and development.""--Ehtisham Ahmad, University of Bonn and London School of Economics ""This book is a gem. . . . It is poised to be a classic read for students, researchers, and practitioners alike."" --Tarek H. Selim, The American University in Cairo ""This book is not only a major analytical contribution toward understanding the Egyptian political economy, but also provides a template for assessing policy challenges in other developing countries, particularly in the Middle East."" --Zubair Iqbal, Middle East Institute ""Khalid Ikram cuts straight through to the deep-rooted causes for the failure to improve productivity and growth. With breadth, precision and clarity, he traces the absence of real reform back to the low level of political legitimacy accorded to the regimes in place since the 1970s and to governance more focused on political survival than on the pursuit of long-term economic growth."" --Ishac Diwan, Chaire Economie Monde Arabe, Paris Sciences et Lettres ""This outstanding book puts Egypt's economic history in the context of those of other developing countries, comparing it to such histories in East Asia and Latin America. Ikram skillfully weaves economic theory into his account of Egyptian economic policies over the last half century and assesses the role and effectiveness of foreign aid."" —"

Author Information

Khalid Ikram has been associated with Egypt’s economy for more than forty years, including as director of the World Bank’s Egypt department. His international consultancies include governments, the World Bank, the Asian Development Bank, USAID, DFID, ITZ, OECD, UNCTAD, UNDP, and leading private institutions. He is the author of Egypt: Economic Management in a Period of Transition (1981), The Egyptian Economy, 1952–2000: Performance, Policies and Issues (2006), and The Political Economy of Reforms in Egypt: Issues and Policymaking since 1952 (AUC Press, pbk edition, 2021). His awards include the Korean President’s medal for services to Korean development. Heba Nassar is professor of economics at the Faculty of Economics and Political Science and former vice-president of Cairo University. She is also chief editor of the Review of Economics and Political Science and currently directs and has participated in research projects for leading private and international institutions, including the World Bank, UNDP, UNIDO, ILO, and the Ford Foundation. The author of several articles and books, she received in 2021 the Egyptian state’s Women’s Appreciation Award from the Academy for Scientific Research and Technology.

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