Overview* The winners of the Nobel Prize show how economics, when done right, can help us solve the thorniest social and political problems of our day.
Overview* The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle […]
Overview* The next decade may seem a long way off, but at Capital Group we spend a lot of time thinking about the distant future. In the linked article below, ten of Capital Group’s portfolio managers provide their perspective on the world at the end of the decade and how these shifting trends may influence […]
Abstract: This study discusses factors negatively affecting available water sources, particularly the Nile. Egypt’s annual share of the Nile fresh water amounts to 55.5 billion cubic meters (BCM), representing only 72 percent of water availability. The agriculture sector consumes 85 percent of this share due to flood irrigation, wasting about 50 percent of total irrigation […]
Overview* Starting in the 1960s with the rise of the Eurodollar market and wider liberalization of financial markets, a constantly innovating capitalism in which money flows are deregulated, informalized and globalised has transformed the world economy. One of its key features is an “offshore world” of financial structures, institutions and techniques designed to provide secrecy, […]
Abstract: This study aimed at developing a water security strategy for Egypt up to 2030 and 2050 in the presence of the Grand Ethiopian Renaissance Dam (GERD). It sheds light on GERD potential impacts on the average Blue Nile flows and hence Nile water supply to Egypt, through different scenarios for GERD filling and operation. […]
Overview*The world not only feels different. The data tell us it is different. Based on years of research by the directors of the McKinsey Global Institute, No Ordinary Disruption: The Four Forces Breaking all the Trends is a timely and important analysis of how we need to reset our intuition as a result of four […]
Overview* Human capital—the knowledge, skills, and health that people accumulate over their lives—is a central driver of sustainable growth, poverty reduction, and successful societies. More human capital is associated with higher earnings for people, higher income for countries, and stronger cohesion in societies. Much of the hard-won human capital gains in many economies over the […]
This working paper discussesthe importance and current status of Egypt’s readymade garments and home textiles industry. It sheds light on the main challenges facing this industry compared to selected competitive countries. Finally, it concludes by offering a set of proposed measures that are based on the constraints facing the industry and in light of international […]
Overview* Strong consumption and investment, enabled by economic reopenings and solid corporate and household balance sheets, are bolstering aggregate demand to a degree that has surprised many, be they executives, economists, policy makers or Wall Street analysts. It is a phenomenon that is likely to persist in the months and quarters ahead, especially in those […]