Overview*Throughout the world, capitalism and democracy are being challenged with great force. The world must change, but we cannot change it by throwing money at old ideas that no longer work. We need a new path to a new world where inequality is shrinking, where natural resources are regenerated, and people can benefit from shared […]
Overview* The world is changing drastically before our eyes—will you be prepared for what comes next? A groundbreaking analysis from one of the world’s foremost experts on global trends, including analysis on how COVID-19 will amplify and accelerate each of these changes. By 2030, a new reality will take hold, and before you know it: […]
Overview*The world has finally awoken to the reality of climate breakdown and ecological collapse. Now we must face up to its primary cause: capitalism. Our economic system is based on perpetual expansion, which is devastating the living world. There is only one solution that will lead to meaningful and immediate change: degrowth.
Overview*Imagine it is 2025. Years earlier, in the wake of the financial crisis of 2008, a global hi-tech uprising has birthed a post-capitalist world in which work, money, land, digital networks and politics have been truly democratized.In a thought-experiment of startling originality, world-famous economist Yanis Varoufakis offers a glimpse of this alternative reality.
Informality has been a persistent feature of Arab economies. In recent years, the shift to informality has been on the rise, featuring evolutions that make its negative impact even harsher on the society and the economy.We approach informality from the worker’s perspective, starting with the necessary preconditions for specific policy recommendations. The proposal emphasizes the […]
This paper is a field study of the digital transformation in the cross-border trade system in Egypt in accordance with the Trade Facilitation Agreement ratified in 2017 (one-stop shop), with a view to setting a methodological framework to ensure the accuracy and efficiency of data and information extracted from the system. It aims to address […]
This study shows how Marriage and cultural norms still play a major role in determining the mobility of women and their employment outcome and the interrelationships between the two variables. Marriage still plays a restrictive role on the economic empowerment of Egyptian women. The empowerment of Egyptian women, therefore, needs further investment within the institution […]
Utilizing a static Computable General Equilibrium (CGE) model for the Egyptian economy, this paper assesses the relative efficiency of VAT versus sales taxes in raising revenue and examines its equity implications. Given that the introduction of the VAT has not been uniform across sectors, it is also of interest to determine the extent to which […]
This paper explores the impact of currency depreciation on the firm-product-destination level exports of Egypt, using a rare dataset of monthly-transaction level custom data over the period 2005-2016. Using computed monthly real exchange rates and product-specific control variables, the empirical analysis is undertaken in two steps. First, we conduct aggregate-level estimations to investigate the response […]