Overview

There is a significant discrepancy between the population of Egypt and the GDP of this country. This book offers pragmatic policy prescriptions for Egyptian decision-makers. It provides a path forward and toward a better future for the Egyptian people. The country faces challenges with household income, social welfare, productivity, and many other markers of twenty-first century economic success even vis-à-vis other developing country peers. This book focuses on framing the optimal macroeconomic policy agenda for Egypt in the face of the big global, regional and national forces that are being accelerated, intensified or changed by the COVID-19 crisis rather than on specific sectoral policy formulations. The authors present these big questions in the context of showing how Egypt can best navigate the risks and seize the opportunities of the current period of intense flux and transition, to put itself in the best possible position to create prosperity, stability, and hope for its citizens. The authors examine to what extent the Egyptian authorities can fulfill their ambitious development plans and in producing this work, to provide useful lessons that can be applied to other governments struggling to respond to the challenges of the age.

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9783031194818

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Mahmoud Mohieldin is a Professor of Economics, at Cairo University; the UN Special Envoy for Financing the 2030 Agenda for Sustainable Development; and the UN High-Level Champion for Climate Change. He served as Managing Director and Senior Vice President at the World Bank Group, and Minister of Investment in Egypt from 2004 to 2010. Hanan Amin-Salem is a Managing Director and Global Head of Sovereign Advisory at Citi.  She served as First Deputy Minister of Finance in Egypt during 2014-2016.  Previously in her career, she worked at JPMorgan as a sovereign advisor as well as at Moody's Investors Service, where she held the role of Senior Analyst in the sovereign rating team. Amira El-Shal is an Assistant Professor of Economics at Cairo University and the Associate Director of Research at the Abdul Latif Jameel Poverty Action Lab. She holds a PhD in Economics from City, University of London and an M.Sc. in Economics from University College London. She was a Senior Consultant at the African Development Bank, Economic Consultant at the European Bank for Reconstruction and Development, and Economic Expert at Egypt’s Ministry of Investment and International Cooperation. Eman Moustafa is a Research Manager at the African Export-Import Bank (Afreximbank) and a Senior Economist at Egypt’s General Authority for Investment and Free Zones. She holds a PhD in Economics from Kingston University London and an MSc. in Economics from Queen Mary University of London. She was Senior Consultant at the Macroeconomic Policy, Debt Sustainability and Forecasting Division of the African Development Bank and Senior Economist at Egypt’s Investment Policy Advocacy Division of the Ministry of Investment and International Cooperation.  

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