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 […]
Overview* A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging markets and developing economies. This may hold back the recovery in these economies from the deep recessions caused by the COVID-19 pandemic—unless governments adopt a broad set of policies to address the challenges […]
Overview* A bold and urgent argument by economist and former bank governor Mark Carney on the radical, foundational change that is required if we are to build an economy and society based not on market values but on human values.In this profoundly important new book, Mark Carney offers a vision of a more humane society […]
Although Egypt recognizes the importance of concluding a free trade agreement with the United States, the American side remains vague despite the remarkable improvement in the political relations between the two countries. This paper analyzes efforts made to improve the foreign trade system and remove the restrictions it faces. It also discusses the foreign trade […]
Overview* A pioneering account of the surging global tide of market power—and how it stifles workers around the worldIn an era of technological progress and easy communication, it might seem reasonable to assume that the world’s working people have never had it so good. But wages are stagnant and prices are rising, so that everything […]
Overview* The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based […]