Credit rating agencies play a decisive role in determining the borrowing costs in global financial markets through the standardized ratings they produce. These agencies, despite their announced methodologies, prefer to keep their empirical evaluation receipt stealthy so that they are not obliged to justify their discretionary conduct of sovereign ratings. Using a novel text-mining approach, […]
Historically, Corporate social responsibility (CSR) and profit making were viewed as two diverging concepts. CSR has traditionally been a positive social activity that a corporation would invest in, separately from its main profit-generating purpose. Corporations seek profit maximization using possible legal means, while using CSR to invest in positive social programs to improve their image. […]
Focus on A Few Drivers of Change – The third instalment of its series “Sectoral Analysis of the Impact of COVID-19 on the Egyptian Economy” This instalment addresses a number of decisive tools and strategies for overcoming the fallout of COVID-19 over the Egyptian Economy, various areas of which were neglected before or after the […]
This book looks specifically at how the region’s ill-prepared health systems hampered the response to the pandemic. MENA was one of the only regions in the developing world where government expenditure as a share of GDP increased during the decade prior to the pandemic, rising from 16% to 18% 2009 and 2019. This legacy of […]
This study assesses the extent of availability of financial services and whether they fulfill the needs of small enterprises, and identifies obstacles and supply gaps in this respect. Following the introduction, part II of the study reviews key initiatives taken by the government and regulatory authorities in relation to small and medium enterprises (SMEs) in […]
How the greatest thinkers in finance changed the field and how their wisdom can help investors today Inspiring these pioneers of investment management provide candid perspectives, both expected and surprising, on a vast array of investment topics—effective diversification, passive versus active investment, security selection and market timing, foreign versus domestic investments, derivative securities, nontraditional assets, […]
Zuckerman takes us inside the top-secret laboratories, corporate clashes, and high-stakes government negotiations that led to effective shots. Deeply reported and endlessly gripping, this is a dazzling, blow-by-blow chronicle of the most consequential scientific breakthrough of our time. It’s a story of courage, genius, and heroism. It’s also a tale of heated rivalries, unbridled ambitions, […]
This paper seeks to study the extent of soundness of managing the government budget, which, if properly prepared, could act as a key driver of change in Egypt. The study starts withevaluating the extent to which the six basic international principles of comprehensiveness, transparency, realism, consistency, coherence and accountability set by the International Monetary Fund […]
Recycle. Fly less. Eat less meat. These are some of the ways that we’ve been told we can save the planet. But are individuals really to blame for the climate crisis? Seventy-one per cent of global emissions come from the same hundred companies, but fossil-fuel companies have taken no responsibility themselves. Instead, they have waged […]