This study outlines the “Stochastic Control Approach” technique and presents examples that illustrate the use of this method on two aspects of the Egyptian economy. Specifically, two empirical applications using data on Egypt are discussed in detail: optimal allocation of investment (Part I); and optimal level of reserves (Part II). In both applications, the estimated […]
Egyptian foreign trade figures have deteriorated abruptly after the 2008 global economic crisis, and then continued to go down since the Arab Spring and terrorism events after 2011. Such a deterioration affected firms’ performance (in terms of the quantity and the value of exports as well as the number of exporters). Thus, using firm-level exports […]
Egypt’s Economic Profile and Statistics is an annual booklet containing summary data and information about various aspects of the Egyptian economy. Designed in a graphical and tabular format, this publication is intended mainly for the business community and investors seeking reliable information about the main developments in the Egyptian economy. This edition covers fiscal year […]
This paper examines the factors determining young married women’s marital happiness. It explores economic, institutional and non-economic aspects and finds that economic and institutional variables, namely the labour market outcomes highly impact their marital happiness, while non-economic variables such as the number of children and the female’s religiosity tend to be the main drive of […]
The State’s administrative body is currently comprised of several ministries, authorities and local administration units. Legislations regulating the Egyptian state have swelled, making Egypt’s administrative body one of the largest in the world. In this context, this study is divided into four parts; part I discusses the executive authority in the Egyptian constitution, part II […]
Using a descriptive analysis approach, this paper seeks to identify key factors for a successful population policy in Egypt. For this purpose, the first section overviews eight leading international experiences in population to find the main contributors to the demographic transition in each of these experiences. Section 2 assesses Egypt’s management of the population file […]
Empirical studies analyzing the push factors of Islamic State recruitment are scarce and typically give contradictory results. We hypothesize that youth unemployment, as opposed to overall unemployment, is a significant determinant of foreign fighters flow to join Islamic State (IS).Moreover, we also consider the interaction between youth unemployment and the Muslim population share as other […]
This paper studies recent inflation dynamics in Egypt with the objective of assessing whether there are structural factors behind the trend rise in inflation since 2003. Specifically, we uncover the role of two significant determinants of long-run inflation dynamics, namely excessive monetary growth and a rise in the intensity of relative price variability. These twvariables […]
