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The country’s economic strengths include its large domestic market, diversified economic base, favourable trade relations with major partners such as the EU, and geographic location. As Egypt continues to rebuild its economy it faces a number of risks. External challenges include regional unrest and a slowdown in exports due to muted global growth, although the nation’s limited exposure to Asian markets lends it some degree of protection. The possibility of unrest also features in the domestic risk matrix and security remains a national concern. Nevertheless, Egypt’s economy has continued to expand, with the IMF forecasting GDP growth of roughly 4% for 2015 and 4.4% for 2016.
Book Synopsis The Report: Egypt 2016 by : Oxford Business Group
Download or read book The Report: Egypt 2016 written by Oxford Business Group and published by Oxford Business Group. This book was released on 2016-01-13 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: The country’s economic strengths include its large domestic market, diversified economic base, favourable trade relations with major partners such as the EU, and geographic location. As Egypt continues to rebuild its economy it faces a number of risks. External challenges include regional unrest and a slowdown in exports due to muted global growth, although the nation’s limited exposure to Asian markets lends it some degree of protection. The possibility of unrest also features in the domestic risk matrix and security remains a national concern. Nevertheless, Egypt’s economy has continued to expand, with the IMF forecasting GDP growth of roughly 4% for 2015 and 4.4% for 2016.
Digital technologies are spreading rapidly, but digital dividends--the broader benefits of faster growth, more jobs, and better services--are not. If more than 40 percent of adults in East Africa pay their utility bills using a mobile phone, why can’t others around the world do the same? If 8 million entrepreneurs in China--one third of them women--can use an e-commerce platform to export goods to 120 countries, why can’t entrepreneurs elsewhere achieve the same global reach? And if India can provide unique digital identification to 1 billion people in five years, and thereby reduce corruption by billions of dollars, why can’t other countries replicate its success? Indeed, what’s holding back countries from realizing the profound and transformational effects that digital technologies are supposed to deliver? Two main reasons. First, nearly 60 percent of the world’s population are still offline and can’t participate in the digital economy in any meaningful way. Second, and more important, the benefits of digital technologies can be offset by growing risks. Startups can disrupt incumbents, but not when vested interests and regulatory uncertainty obstruct competition and the entry of new firms. Employment opportunities may be greater, but not when the labor market is polarized. The internet can be a platform for universal empowerment, but not when it becomes a tool for state control and elite capture. The World Development Report 2016 shows that while the digital revolution has forged ahead, its 'analog complements'--the regulations that promote entry and competition, the skills that enable workers to access and then leverage the new economy, and the institutions that are accountable to citizens--have not kept pace. And when these analog complements to digital investments are absent, the development impact can be disappointing. What, then, should countries do? They should formulate digital development strategies that are much broader than current information and communication technology (ICT) strategies. They should create a policy and institutional environment for technology that fosters the greatest benefits. In short, they need to build a strong analog foundation to deliver digital dividends to everyone, everywhere.
Book Synopsis World Development Report 2016 by : World Bank Group
Download or read book World Development Report 2016 written by World Bank Group and published by World Bank Publications. This book was released on 2016-01-14 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: Digital technologies are spreading rapidly, but digital dividends--the broader benefits of faster growth, more jobs, and better services--are not. If more than 40 percent of adults in East Africa pay their utility bills using a mobile phone, why can’t others around the world do the same? If 8 million entrepreneurs in China--one third of them women--can use an e-commerce platform to export goods to 120 countries, why can’t entrepreneurs elsewhere achieve the same global reach? And if India can provide unique digital identification to 1 billion people in five years, and thereby reduce corruption by billions of dollars, why can’t other countries replicate its success? Indeed, what’s holding back countries from realizing the profound and transformational effects that digital technologies are supposed to deliver? Two main reasons. First, nearly 60 percent of the world’s population are still offline and can’t participate in the digital economy in any meaningful way. Second, and more important, the benefits of digital technologies can be offset by growing risks. Startups can disrupt incumbents, but not when vested interests and regulatory uncertainty obstruct competition and the entry of new firms. Employment opportunities may be greater, but not when the labor market is polarized. The internet can be a platform for universal empowerment, but not when it becomes a tool for state control and elite capture. The World Development Report 2016 shows that while the digital revolution has forged ahead, its 'analog complements'--the regulations that promote entry and competition, the skills that enable workers to access and then leverage the new economy, and the institutions that are accountable to citizens--have not kept pace. And when these analog complements to digital investments are absent, the development impact can be disappointing. What, then, should countries do? They should formulate digital development strategies that are much broader than current information and communication technology (ICT) strategies. They should create a policy and institutional environment for technology that fosters the greatest benefits. In short, they need to build a strong analog foundation to deliver digital dividends to everyone, everywhere.
Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.
Book Synopsis Doing Business 2020 by : World Bank
Download or read book Doing Business 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-21 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.
How did Egypt's Muslim Brotherhood win power so quickly after the dramatic "Arab Spring" uprising that ended President Hosni Mubarak's thirty-year reign in February 2011? And why did the Brotherhood fall from power even more quickly, culminating with the popular "rebellion" and military coup that toppled Egypt's first elected president, Brotherhood leader Mohamed Morsi, in July 2013? In Arab Fall, Eric Trager examines the Brotherhood's decision making throughout this critical period, explaining its reasons for joining the 2011 uprising, running for a majority of the seats in the 2011-2012 parliamentary elections, and nominating a presidential candidate despite its initial promise not to do so. Based on extensive research in Egypt and interviews with dozens of Brotherhood leaders and cadres including Morsi, Trager argues that the very organizational characteristics that helped the Brotherhood win power also contributed to its rapid downfall. The Brotherhood's intensive process for recruiting members and its rigid nationwide command-chain meant that it possessed unparalleled mobilizing capabilities for winning the first post-Mubarak parliamentary and presidential elections. Yet the Brotherhood's hierarchical organizational culture, in which dissenters are banished and critics are viewed as enemies of Islam, bred exclusivism. This alienated many Egyptians, including many within Egypt's state institutions. The Brotherhood's insularity also prevented its leaders from recognizing how quickly the country was slipping from their grasp, leaving hundreds of thousands of Muslim Brothers entirely unprepared for the brutal crackdown that followed Morsi's overthrow. Trager concludes with an assessment of the current state of Egyptian politics and examines the Brotherhood's prospects for reemerging.
Book Synopsis Arab Fall by : Eric Trager
Download or read book Arab Fall written by Eric Trager and published by Georgetown University Press. This book was released on 2016 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: How did Egypt's Muslim Brotherhood win power so quickly after the dramatic "Arab Spring" uprising that ended President Hosni Mubarak's thirty-year reign in February 2011? And why did the Brotherhood fall from power even more quickly, culminating with the popular "rebellion" and military coup that toppled Egypt's first elected president, Brotherhood leader Mohamed Morsi, in July 2013? In Arab Fall, Eric Trager examines the Brotherhood's decision making throughout this critical period, explaining its reasons for joining the 2011 uprising, running for a majority of the seats in the 2011-2012 parliamentary elections, and nominating a presidential candidate despite its initial promise not to do so. Based on extensive research in Egypt and interviews with dozens of Brotherhood leaders and cadres including Morsi, Trager argues that the very organizational characteristics that helped the Brotherhood win power also contributed to its rapid downfall. The Brotherhood's intensive process for recruiting members and its rigid nationwide command-chain meant that it possessed unparalleled mobilizing capabilities for winning the first post-Mubarak parliamentary and presidential elections. Yet the Brotherhood's hierarchical organizational culture, in which dissenters are banished and critics are viewed as enemies of Islam, bred exclusivism. This alienated many Egyptians, including many within Egypt's state institutions. The Brotherhood's insularity also prevented its leaders from recognizing how quickly the country was slipping from their grasp, leaving hundreds of thousands of Muslim Brothers entirely unprepared for the brutal crackdown that followed Morsi's overthrow. Trager concludes with an assessment of the current state of Egyptian politics and examines the Brotherhood's prospects for reemerging.
The recent revolution in Egypt has shaken the Arab world to its roots. The most populous Arab country and the historical center of Arab intellectual life, Egypt is a lynchpin of the US's Middle East strategy, receiving more aid than any nation except Israel. This is not the first time that the world and has turned its gaze to Egypt, however. A half century ago, Egypt under Nasser became the putative leader of the Arab world and a beacon for all developing nations. Yet in the decades prior to the 2011 revolution, it was ruled over by a sclerotic regime plagued by nepotism and corruption. During that time, its economy declined into near shambles, a severely overpopulated Cairo fell into disrepair, and it produced scores of violent Islamic extremists such as Ayman al-Zawahiri and Mohammed Atta. In this new and updated paperback edition of The Struggle for Egypt, Steven Cook--a Senior Fellow at the Council on Foreign Relations--explains how this parlous state of affairs came to be, why the revolution occurred, and where Egypt is headed now. A sweeping account of Egypt in the modern era, it incisively chronicles all of the nation's central historical episodes: the decline of British rule, the rise of Nasser and his quest to become a pan-Arab leader, Egypt's decision to make peace with Israel and ally with the United States, the assassination of Sadat, the emergence of the Muslim Brotherhood, and--finally--the demonstrations that convulsed Tahrir Square and overthrew an entrenched regime. And for the paperback edition, Cook has updated the book to include coverage of the recent political events in Egypt, including the election of the Muslim Brotherhood's Mohamed Morsi as President. Throughout Egypt's history, there has been an intense debate to define what Egypt is, what it stands for, and its relation to the world. Egyptians now have an opportunity to finally answer these questions. Doing so in a way that appeals to the vast majority of Egyptians, Cook notes, will be difficult but ultimately necessary if Egypt is to become an economically dynamic and politically vibrant society.
Book Synopsis The Struggle for Egypt by : Steven A. Cook
Download or read book The Struggle for Egypt written by Steven A. Cook and published by Oxford University Press. This book was released on 2011-10-07 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent revolution in Egypt has shaken the Arab world to its roots. The most populous Arab country and the historical center of Arab intellectual life, Egypt is a lynchpin of the US's Middle East strategy, receiving more aid than any nation except Israel. This is not the first time that the world and has turned its gaze to Egypt, however. A half century ago, Egypt under Nasser became the putative leader of the Arab world and a beacon for all developing nations. Yet in the decades prior to the 2011 revolution, it was ruled over by a sclerotic regime plagued by nepotism and corruption. During that time, its economy declined into near shambles, a severely overpopulated Cairo fell into disrepair, and it produced scores of violent Islamic extremists such as Ayman al-Zawahiri and Mohammed Atta. In this new and updated paperback edition of The Struggle for Egypt, Steven Cook--a Senior Fellow at the Council on Foreign Relations--explains how this parlous state of affairs came to be, why the revolution occurred, and where Egypt is headed now. A sweeping account of Egypt in the modern era, it incisively chronicles all of the nation's central historical episodes: the decline of British rule, the rise of Nasser and his quest to become a pan-Arab leader, Egypt's decision to make peace with Israel and ally with the United States, the assassination of Sadat, the emergence of the Muslim Brotherhood, and--finally--the demonstrations that convulsed Tahrir Square and overthrew an entrenched regime. And for the paperback edition, Cook has updated the book to include coverage of the recent political events in Egypt, including the election of the Muslim Brotherhood's Mohamed Morsi as President. Throughout Egypt's history, there has been an intense debate to define what Egypt is, what it stands for, and its relation to the world. Egyptians now have an opportunity to finally answer these questions. Doing so in a way that appeals to the vast majority of Egyptians, Cook notes, will be difficult but ultimately necessary if Egypt is to become an economically dynamic and politically vibrant society.
Governments fail to provide the public goods needed for development when its leaders knowingly and deliberately ignore sound technical advice or are unable to follow it, despite the best of intentions, because of political constraints. This report focuses on two forces—citizen engagement and transparency—that hold the key to solving government failures by shaping how political markets function. Citizens are not only queueing at voting booths, but are also taking to the streets and using diverse media to pressure, sanction and select the leaders who wield power within government, including by entering as contenders for leadership. This political engagement can function in highly nuanced ways within the same formal institutional context and across the political spectrum, from autocracies to democracies. Unhealthy political engagement, when leaders are selected and sanctioned on the basis of their provision of private benefits rather than public goods, gives rise to government failures. The solutions to these failures lie in fostering healthy political engagement within any institutional context, and not in circumventing or suppressing it. Transparency, which is citizen access to publicly available information about the actions of those in government, and the consequences of these actions, can play a crucial role by nourishing political engagement.
Book Synopsis Making Politics Work for Development by : World Bank
Download or read book Making Politics Work for Development written by World Bank and published by World Bank Publications. This book was released on 2016-07-14 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments fail to provide the public goods needed for development when its leaders knowingly and deliberately ignore sound technical advice or are unable to follow it, despite the best of intentions, because of political constraints. This report focuses on two forces—citizen engagement and transparency—that hold the key to solving government failures by shaping how political markets function. Citizens are not only queueing at voting booths, but are also taking to the streets and using diverse media to pressure, sanction and select the leaders who wield power within government, including by entering as contenders for leadership. This political engagement can function in highly nuanced ways within the same formal institutional context and across the political spectrum, from autocracies to democracies. Unhealthy political engagement, when leaders are selected and sanctioned on the basis of their provision of private benefits rather than public goods, gives rise to government failures. The solutions to these failures lie in fostering healthy political engagement within any institutional context, and not in circumventing or suppressing it. Transparency, which is citizen access to publicly available information about the actions of those in government, and the consequences of these actions, can play a crucial role by nourishing political engagement.
The best country-by-country assessment of human rights. The human rights records of more than ninety countries and territories are put into perspective in Human Rights Watch's signature yearly report. Reflecting extensive investigative work undertaken by Human Rights Watch staff, in close partnership with domestic human rights activists, the annual World Report is an invaluable resource for journalists, diplomats, and citizens, and is a must-read for anyone interested in the fight to protect human rights in every corner of the globe.
Book Synopsis World Report 2022 by : Human Rights Watch
Download or read book World Report 2022 written by Human Rights Watch and published by National Geographic Books. This book was released on 2022-03-29 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The best country-by-country assessment of human rights. The human rights records of more than ninety countries and territories are put into perspective in Human Rights Watch's signature yearly report. Reflecting extensive investigative work undertaken by Human Rights Watch staff, in close partnership with domestic human rights activists, the annual World Report is an invaluable resource for journalists, diplomats, and citizens, and is a must-read for anyone interested in the fight to protect human rights in every corner of the globe.
The COVID-19 crisis may lead to a 1.1 percent decline in Egypt’s GDP during the 4th quarter (April to June) of the 2019/20 fiscal year, compared to the same quarter in 2018/19. Without the Government of Egypt’s COVID-19 emergency response package, GDP in Q4 may have declined by 8.7 percent. Tak-ing the emergency response pack-age into account, we estimate an annual growth rate of 3.8 percent for FY 2019/20. Without the emer-gency response package, annual growth for FY 2019/20 may have been as low as 1.9 percent. The services sector is hit hardest, falling by 10.9 percent, followed by industry at -8.3 percent. Agriculture is the most resilient sector. However, these losses are lower than those expected in comparable countries, especially those that resorted to extended periods of full lockdowns. Impacts on Egypt’s agri-food system are less severe than elsewhere in the economy. Most damage will occur in nonfarm components of the agri-food system due to falling consumer demand. Although higher-income households face the largest income losses, lower-income households also will see their incomes decline significantly. The level of social protection required to fully offset the income losses of poor households is likely to be prohibitive, especially given falling revenues from reduced economic activity. Continuing to gradually open the economy again will be critical for avoiding permanent job losses and increases in poverty for the coming year. The process of re-opening the economy may also provide opportunities for fostering more private sector-driven and sustainable economic transformation.
Book Synopsis Impact of COVID-19 on the Egyptian economy: Economic sectors, jobs, and households by : Breisinger, Clemens
Download or read book Impact of COVID-19 on the Egyptian economy: Economic sectors, jobs, and households written by Breisinger, Clemens and published by Intl Food Policy Res Inst. This book was released on 2020-06-15 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 crisis may lead to a 1.1 percent decline in Egypt’s GDP during the 4th quarter (April to June) of the 2019/20 fiscal year, compared to the same quarter in 2018/19. Without the Government of Egypt’s COVID-19 emergency response package, GDP in Q4 may have declined by 8.7 percent. Tak-ing the emergency response pack-age into account, we estimate an annual growth rate of 3.8 percent for FY 2019/20. Without the emer-gency response package, annual growth for FY 2019/20 may have been as low as 1.9 percent. The services sector is hit hardest, falling by 10.9 percent, followed by industry at -8.3 percent. Agriculture is the most resilient sector. However, these losses are lower than those expected in comparable countries, especially those that resorted to extended periods of full lockdowns. Impacts on Egypt’s agri-food system are less severe than elsewhere in the economy. Most damage will occur in nonfarm components of the agri-food system due to falling consumer demand. Although higher-income households face the largest income losses, lower-income households also will see their incomes decline significantly. The level of social protection required to fully offset the income losses of poor households is likely to be prohibitive, especially given falling revenues from reduced economic activity. Continuing to gradually open the economy again will be critical for avoiding permanent job losses and increases in poverty for the coming year. The process of re-opening the economy may also provide opportunities for fostering more private sector-driven and sustainable economic transformation.
Few challenges facing the global community today match the scale of malnutrition, a condition that directly affects 1 in 3 people. Malnutrition manifests itself in many different ways: as poor child growth and development; as individuals who are skin and bone or prone to infection; as those who are carrying too much weight or whose blood contains too much sugar, salt, fat, or cholesterol; or those who are deficient in important vitamins or minerals. Malnutrition and diet are by far the biggest risk factors for the global burden of disease: every country is facing a serious public health challenge from malnutrition. The economic consequences represent losses of 11 percent of gross domestic product (GDP) every year in Africa and Asia, whereas preventing malnutrion delivers $16 in returns on investment for every $1 spent. The world’s countries have agreed on targets for nutrition, but despite some progress in recent years the world is off track to reach those targets. This third stocktaking of the state of the world’s nutrition points to ways to reverse this trend and end all forms of malnutrition by 2030.
Book Synopsis Global Nutrition Report 2016 by : International Food Policy Research Institute (IFPRI)
Download or read book Global Nutrition Report 2016 written by International Food Policy Research Institute (IFPRI) and published by Intl Food Policy Res Inst. This book was released on 2016-06-14 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Few challenges facing the global community today match the scale of malnutrition, a condition that directly affects 1 in 3 people. Malnutrition manifests itself in many different ways: as poor child growth and development; as individuals who are skin and bone or prone to infection; as those who are carrying too much weight or whose blood contains too much sugar, salt, fat, or cholesterol; or those who are deficient in important vitamins or minerals. Malnutrition and diet are by far the biggest risk factors for the global burden of disease: every country is facing a serious public health challenge from malnutrition. The economic consequences represent losses of 11 percent of gross domestic product (GDP) every year in Africa and Asia, whereas preventing malnutrion delivers $16 in returns on investment for every $1 spent. The world’s countries have agreed on targets for nutrition, but despite some progress in recent years the world is off track to reach those targets. This third stocktaking of the state of the world’s nutrition points to ways to reverse this trend and end all forms of malnutrition by 2030.
The second edition of the Impact Evaluation in Practice handbook is a comprehensive and accessible introduction to impact evaluation for policy makers and development practitioners. First published in 2011, it has been used widely across the development and academic communities. The book incorporates real-world examples to present practical guidelines for designing and implementing impact evaluations. Readers will gain an understanding of impact evaluations and the best ways to use them to design evidence-based policies and programs. The updated version covers the newest techniques for evaluating programs and includes state-of-the-art implementation advice, as well as an expanded set of examples and case studies that draw on recent development challenges. It also includes new material on research ethics and partnerships to conduct impact evaluation. The handbook is divided into four sections: Part One discusses what to evaluate and why; Part Two presents the main impact evaluation methods; Part Three addresses how to manage impact evaluations; Part Four reviews impact evaluation sampling and data collection. Case studies illustrate different applications of impact evaluations. The book links to complementary instructional material available online, including an applied case as well as questions and answers. The updated second edition will be a valuable resource for the international development community, universities, and policy makers looking to build better evidence around what works in development.
Book Synopsis Impact Evaluation in Practice, Second Edition by : Paul J. Gertler
Download or read book Impact Evaluation in Practice, Second Edition written by Paul J. Gertler and published by World Bank Publications. This book was released on 2016-09-12 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second edition of the Impact Evaluation in Practice handbook is a comprehensive and accessible introduction to impact evaluation for policy makers and development practitioners. First published in 2011, it has been used widely across the development and academic communities. The book incorporates real-world examples to present practical guidelines for designing and implementing impact evaluations. Readers will gain an understanding of impact evaluations and the best ways to use them to design evidence-based policies and programs. The updated version covers the newest techniques for evaluating programs and includes state-of-the-art implementation advice, as well as an expanded set of examples and case studies that draw on recent development challenges. It also includes new material on research ethics and partnerships to conduct impact evaluation. The handbook is divided into four sections: Part One discusses what to evaluate and why; Part Two presents the main impact evaluation methods; Part Three addresses how to manage impact evaluations; Part Four reviews impact evaluation sampling and data collection. Case studies illustrate different applications of impact evaluations. The book links to complementary instructional material available online, including an applied case as well as questions and answers. The updated second edition will be a valuable resource for the international development community, universities, and policy makers looking to build better evidence around what works in development.
