Making Egypt's Post-COVID Growth Path More Sustainable

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Author :
Publisher :
ISBN 13 : 9789276296218
Total Pages : pages
Book Rating : 4.2/5 (962 download)

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Book Synopsis Making Egypt's Post-COVID Growth Path More Sustainable by :

Download or read book Making Egypt's Post-COVID Growth Path More Sustainable written by and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Just when Egypt had achieved a hard-earned economic stabilisation and was on track towards more sustainable growth, COVID-19 threw the country back into stabilisation mode. Building on the economy's strengthened fundamentals, swift government intervention helped mitigate the pandemic's economic fallout, seeing the economy through the storm with resilience. However, Egypt's growth performance has increasingly relied on extractive industries and a large role of the state in the economy. Compared to emerging market peers, Egypt might not yet be fully exploiting its catching-up growth potential. Strong population growth amid low participation rates calls for a redoubling of efforts to make Egypt's post- COVID growth path more inclusive and sustainable, with the non-oil private sector at its core. Unleashing the private sector's potential for growth and job creation will require a more enabling environment for trade and investment by removing non-tariff barriers and creating a level playing field for investors, including vis-à-vis public and state-connected firms. Fast-tracking the twin transition towards a digital and greener economy would capitalise on the digitalisation push ushered in by the pandemic and help Egypt to reap its large opportunities for a green and sustainable recovery.

COVID-19 and the Egyptian Economy: From reopening to recovery: Alternative pathways and impacts on sectors, jobs, and households

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Author :
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 11 pages
Book Rating : 4./5 ( download)

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Book Synopsis COVID-19 and the Egyptian Economy: From reopening to recovery: Alternative pathways and impacts on sectors, jobs, and households by : Breisinger, Clemens

Download or read book COVID-19 and the Egyptian Economy: From reopening to recovery: Alternative pathways and impacts on sectors, jobs, and households written by Breisinger, Clemens and published by Intl Food Policy Res Inst. This book was released on 2020-11-24 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the global economy is forecasted to shrink by 4.4 percent in 2020 (IMF 2020), the Egyptian economy is proving resilient to the immense human and financial costs caused by the global COVID-19 pandemic. This resilience is mainly explained by the successful implementation of the economic reform program since 2016 that provided more fiscal space to withstand the adverse impact of the COVID-19 crisis. However, that Egypt’s economy is holding up is also due to the rapid response and proactive measures to limit the impact of the virus that were implemented by the Egyptian Government since March 2020 (MPED 2020). These enabled the country to avoid a full lockdown policy (Figure 1). While Egypt posted negative economic growth rates from April to June 2020 at the height of the crisis, overall economic growth was still positive at 3.6 percent for fiscal year (FY) 2019/20. This estimate is only slightly lower than the initial projection of the impact of the pandemic on Egypt’s economy of an annual economic growth equal to 3.8 percent, as estimated by staff of the International Food Policy Research Institute (IFPRI) and the Ministry of Planning and Economic Development (MPED) (Breisinger et al. 2020). The deviation between the early and final estimate can be mainly explained by the lower than expected growth rates in the manufacturing and health services sectors and the better than expected performance of the trade and transport sectors.

Impact of COVID-19 on the Egyptian economy: Economic sectors, jobs, and households

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Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : pages
Book Rating : 4./5 ( download)

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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.

Societal Resilience and Response to Contagious Diseases and Pandemics

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Author :
Publisher : IGI Global
ISBN 13 : 1799889750
Total Pages : 344 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Societal Resilience and Response to Contagious Diseases and Pandemics by : Abdrabo, Amal Adel

Download or read book Societal Resilience and Response to Contagious Diseases and Pandemics written by Abdrabo, Amal Adel and published by IGI Global. This book was released on 2022-03-04 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the first time in modern human history, the response to a global health crisis was required among all countries no matter their wealth, size, or economic status. Every country was impacted by the COVID-19 pandemic, and as it surged across the world, it took many lives with it. Thus, it is essential to study the ability of human societies to cope with the changes caused by pandemics. Societal Resilience and Response to Contagious Diseases and Pandemics adopts and maintains an interdisciplinary-transdisciplinary approach to investigating societal resilience. This book builds upon different insights of what has already been done for humanity to survive the spread of a deadly pandemic. Covering topics such as the role of healthcare professionals, political economy, and consumption culture, it is an essential resource for professionals, business leaders, policymakers, professors, graduate students, researchers, and academicians.

OECD Development Pathways Production Transformation Policy Review of Egypt Embracing Change, Achieving Prosperity

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Publisher : OECD Publishing
ISBN 13 : 9264660275
Total Pages : 155 pages
Book Rating : 4.2/5 (646 download)

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Book Synopsis OECD Development Pathways Production Transformation Policy Review of Egypt Embracing Change, Achieving Prosperity by : OECD

Download or read book OECD Development Pathways Production Transformation Policy Review of Egypt Embracing Change, Achieving Prosperity written by OECD and published by OECD Publishing. This book was released on 2021-07-08 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: Egypt is one of Africa’s industrial heavyweights. Transforming the country's economy to sustain job-rich and sustainable growth are pivotal steps in its march towards prosperity. Today’s search for new development models, accelerated by the unfolding of the COVID-19 pandemic, calls for shifting up a gear in raising Egypt’s industrial capabilities to compete in an industry 4.0 and agro 4.0 landscape. The Production Transformation Policy Review (PTPR) of Egypt uses a forward-looking framework to assess the country's readiness to embrace change. This includes an analysis of the game-changing potential of the African Continental Free Trade Area (AfCFTA) and perspectives on agro-food and electronics (i.e. what in Egypt is referred to as part of the engineering sector), as well as identifying priorities for future reforms. This review is the result of government-business dialogue, and benefited from peer learning from Italy and Malaysia. It also resulted from international and multi-stakeholder knowledge sharing through a dedicated Peer Learning Group (PLG) and the OECD Initiative for Policy Dialogue on Global Value Chains, Production Transformation and Development.

Egypt’s Strategy to Meet the Sustainable Development Goals and Agenda 2030: Researchers' Contributions

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Publisher : Springer Nature
ISBN 13 : 3031106768
Total Pages : 316 pages
Book Rating : 4.0/5 (311 download)

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Book Synopsis Egypt’s Strategy to Meet the Sustainable Development Goals and Agenda 2030: Researchers' Contributions by : El-Sayed E. Omran

Download or read book Egypt’s Strategy to Meet the Sustainable Development Goals and Agenda 2030: Researchers' Contributions written by El-Sayed E. Omran and published by Springer Nature. This book was released on 2023-02-01 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on Egypt as a representative example of emerging economies struggling to achieve their sustainable development goals (SDGs). The Egyptian government has launched Egypt’s Vision 2030 in line with the 2030 Agenda, also known as the Sustainable Development Strategy (SDS), which encompasses the economic, social and environmental dimensions of development. It is under the SDS that all development plans in Egypt are incorporated while at the same time being strongly guided by the SDGs. Aware of the principle of shared but differentiated responsibility, Egypt also recognizes that fundamental challenges remain, despite a strong willingness to achieve the SDGs. High birth rates, brain drain phenomena, water scarcity, migration, discrimination against women and girls, a growing informal sector and instability in neighboring states (especially Libya and Syria) are only some of the many hindrances to sustainable development. In order to address these challenges, Egypt relies heavily on the SDGs, which are aimed at transforming our world. Although there is an urgent need for a drastic change in the way we use the Earth, the question arises as to whether the SDGs are sufficient to facilitate such a transformation. This book explores the key environmentally related Sustainable Development Goals (SDGs) and offers a cutting-edge assessment of current progress with a view to reaching these objectives by 2030. The book highlights some of the key findings and ideas for how research may help achieve the 17 Sustainable Development Goals in enterprises. The book provides a useful framework that can help and aid the Egyptian government to assess the many goals and targets outlined in the 2030 Agenda. The analysis of Egypt can be used as a blueprint for other developing nations and globally in order to guide policy toward achieving the SDGs. Covering food security, water resilience, climate change, agronomics, rural life, environmental impact assessment as a tool for measuring the achievement of the goals, Egyptian education, the COVID-19 pandemic, cultural and societal dimensions, this book will be of great interest to students and scholars of sustainable development and climate change, as well as practitioners and policymakers involved in sustainable development and disaster management.

Sustainable Development in Post-Pandemic Africa

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Author :
Publisher : Taylor & Francis
ISBN 13 : 1000755363
Total Pages : 198 pages
Book Rating : 4.0/5 (7 download)

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Book Synopsis Sustainable Development in Post-Pandemic Africa by : Fred Olayele

Download or read book Sustainable Development in Post-Pandemic Africa written by Fred Olayele and published by Taylor & Francis. This book was released on 2022-10-21 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: With both domestic and external financing expected to dry up in the wake of the COVID-19 pandemic, this book argues that there is a need for fresh ideas and new strategies for achieving sustainable development in Africa. In addition to triggering the most severe recession in nearly a century, the COVID-19 pandemic has disrupted global value chains, causing unprecedented damage to healthcare systems, economies, and well-being, hitting the world’s most vulnerable people the hardest. Even before the pandemic, Africa was suffering from the effects of low commodity prices, sluggish GDP growth, high debt levels, low levels of domestic savings, and weak private capital inflows. This book argues that now, as the continent emerges from the current crisis, it will be important to reconfigure current financing sources under a forward-looking framework that incorporates other non-traditional financing tools and mechanisms such as public-private partnerships, sovereign wealth funds, gender lens investing, new growth drivers, and emerging and disruptive technologies. Finally, the book concludes by adopting a sectoral approach and examining the real economy impacts of new growth drivers such as agriculture value chains, industrialization, tourism, and the blue economy. Drawing on a range of original research as well as insights from practice, this book will be a useful guide for Global Development and African Studies researchers, as well as for policy makers, investors, finance specialists, and global business practitioners and entrepreneurs.

Arab Republic of Egypt: 2021 Article IV Consultation, Second Review Under the Stand-By Arrangement-Press Release; Staff Report; and Statement by the Executive Director for the Arab Republic of Egypt

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513592041
Total Pages : 108 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Arab Republic of Egypt: 2021 Article IV Consultation, Second Review Under the Stand-By Arrangement-Press Release; Staff Report; and Statement by the Executive Director for the Arab Republic of Egypt by : International Monetary

Download or read book Arab Republic of Egypt: 2021 Article IV Consultation, Second Review Under the Stand-By Arrangement-Press Release; Staff Report; and Statement by the Executive Director for the Arab Republic of Egypt written by International Monetary and published by International Monetary Fund. This book was released on 2021-07-22 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic and social impact of the COVID-19 pandemic over the past year has been well-managed by the authorities. Timely and prudent fiscal and monetary easing shielded the economy from the full brunt of the crisis, while alleviating the health and social impact of the shock. Sound economic policies helped deliver macroeconomic stabilization, safeguard debt sustainability, and preserve investor confidence. While growth is expected to rebound in FY2021/22, the outlook is still clouded by uncertainty related to the pandemic and the pace of vaccinations. High public debt and large gross financing needs leave Egypt vulnerable to external shocks or changes in financial market conditions for EMs. Near-term fiscal and monetary policies should thus continue to support the recovery without accumulating undue imbalances.

A Post-Pandemic Assessment of the Sustainable Development Goals

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1498314902
Total Pages : 35 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis A Post-Pandemic Assessment of the Sustainable Development Goals by : Ms. Dora Benedek

Download or read book A Post-Pandemic Assessment of the Sustainable Development Goals written by Ms. Dora Benedek and published by International Monetary Fund. This book was released on 2021-04-27 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic hit countries’ development agendas hard. The ensuing recession has pushed millions into extreme poverty and has shrunk government resources available for spending on achieving the United Nations Sustainable Development Goals (SDGs). This Staff Discussion Note assesses the current state of play on funding SDGs in five key development areas: education, health, roads, electricity, and water and sanitation, using a newly developed dynamic macroeconomic framework.

Tourism Destination Management in a Post-Pandemic Context

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Author :
Publisher : Emerald Group Publishing
ISBN 13 : 1800715137
Total Pages : 252 pages
Book Rating : 4.8/5 (7 download)

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Book Synopsis Tourism Destination Management in a Post-Pandemic Context by : Vanessa GB Gowreesunkar

Download or read book Tourism Destination Management in a Post-Pandemic Context written by Vanessa GB Gowreesunkar and published by Emerald Group Publishing. This book was released on 2021-06-11 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing from lessons of the COVID-19 pandemic, Tourism Destination Management in a Post-Pandemic Context presents cases and competencies to advance theoretical and empirical knowledge in the management of destinations post-pandemic.

Africa's Development Dynamics 2023 Investing in Sustainable Development

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Author :
Publisher : OECD Publishing
ISBN 13 : 9264417591
Total Pages : 252 pages
Book Rating : 4.2/5 (644 download)

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Book Synopsis Africa's Development Dynamics 2023 Investing in Sustainable Development by : African Union Commission

Download or read book Africa's Development Dynamics 2023 Investing in Sustainable Development written by African Union Commission and published by OECD Publishing. This book was released on 2023-07-07 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Africa’s Development Dynamics uses lessons from Central, East, North, Southern and West Africa to develop policy recommendations and share good practices across the continent. Drawing on the most recent statistics, the analysis of development dynamics aims to assist African leaders in reaching the targets of the African Union’s Agenda 2063 at all levels: continental, regional, national and local.

A Mandate to Grow

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Author :
Publisher : Inter-American Development Bank
ISBN 13 :
Total Pages : 121 pages
Book Rating : 4./5 ( download)

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Book Synopsis A Mandate to Grow by : Eduardo A. Cavallo

Download or read book A Mandate to Grow written by Eduardo A. Cavallo and published by Inter-American Development Bank. This book was released on 2018-03-15 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2018 Macroeconomic Report, A Mandate to Grow, revisits the growth debate that has been raging in the region for the past half century. Viewing the debate from this long-term perspective allows for a focus on the structural factors that have prevented Latin America and the Caribbean from reaching the growth potential required to keep pace with faster growing regions and to fulfill the aspirations of its population.

Managing Visitor Attractions

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Author :
Publisher : Routledge
ISBN 13 : 100057072X
Total Pages : 498 pages
Book Rating : 4.0/5 (5 download)

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Book Synopsis Managing Visitor Attractions by : Alan Fyall

Download or read book Managing Visitor Attractions written by Alan Fyall and published by Routledge. This book was released on 2022-05-31 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: Visitor attractions represent a complex sector of the tourism industry and are the catalytic focus for the development of tourism infrastructure and services. The third edition of this successful text investigates these issues further and provides more solutions and suggestions for the present and future. Now in its third edition, Managing Visitor Attractions has been fully revised and updated to include new content on increased visitor numbers, new destinations and attractions, social media, overtourism, environmental awareness and the experience economy. The book includes case studies on topics such as overtourism at natural attraction sites, new attraction development in Egypt, dark tourism in Latin America, dementia-friendly attractions, and manging sporting venues as attractions. New chapters include the role of the visitor attraction manager, managing safety and risk, themed attractions and storytelling, and digital marketing, among many others. With contributions from around the world, this is an essential text for undergraduate and postgraduate students of visitor attraction management, written by subject specialists with a wealth of experience in this field.

Global Trends 2040

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Author :
Publisher : Cosimo Reports
ISBN 13 : 9781646794973
Total Pages : 158 pages
Book Rating : 4.7/5 (949 download)

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Book Synopsis Global Trends 2040 by : National Intelligence Council

Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Navigating beyond COVID-19 Recovery in the MENA Region

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Author :
Publisher : OECD Publishing
ISBN 13 : 9264681949
Total Pages : 119 pages
Book Rating : 4.2/5 (646 download)

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Book Synopsis Navigating beyond COVID-19 Recovery in the MENA Region by : OECD

Download or read book Navigating beyond COVID-19 Recovery in the MENA Region written by OECD and published by OECD Publishing. This book was released on 2022-07-14 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: Navigating beyond COVID-19: Recovery in the MENA Region reflects on the impacts of the COVID-19 crisis on MENA countries and the potential changes it may bring to their reform agendas. It addresses not only the ongoing effects of the crisis, but also examines long-term consequences and identifies emerging new trends.

Making It Big

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Publisher : World Bank Publications
ISBN 13 : 1464815585
Total Pages : 178 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Making It Big by : Andrea Ciani

Download or read book Making It Big written by Andrea Ciani and published by World Bank Publications. This book was released on 2020-10-08 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic and social progress requires a diverse ecosystem of firms that play complementary roles. Making It Big: Why Developing Countries Need More Large Firms constitutes one of the most up-to-date assessments of how large firms are created in low- and middle-income countries and their role in development. It argues that large firms advance a range of development objectives in ways that other firms do not: large firms are more likely to innovate, export, and offer training and are more likely to adopt international standards of quality, among other contributions. Their particularities are closely associated with productivity advantages and translate into improved outcomes not only for their owners but also for their workers and for smaller enterprises in their value chains. The challenge for economic development, however, is that production does not reach economic scale in low- and middle-income countries. Why are large firms scarcer in developing countries? Drawing on a rare set of data from public and private sources, as well as proprietary data from the International Finance Corporation and case studies, this book shows that large firms are often born large—or with the attributes of largeness. In other words, what is distinct about them is often in place from day one of their operations. To fill the “missing top†? of the firm-size distribution with additional large firms, governments should support the creation of such firms by opening markets to greater competition. In low-income countries, this objective can be achieved through simple policy reorientation, such as breaking oligopolies, removing unnecessary restrictions to international trade and investment, and establishing strong rules to prevent the abuse of market power. Governments should also strive to ensure that private actors have the skills, technology, intelligence, infrastructure, and finance they need to create large ventures. Additionally, they should actively work to spread the benefits from production at scale across the largest possible number of market participants. This book seeks to bring frontier thinking and evidence on the role and origins of large firms to a wide range of readers, including academics, development practitioners and policy makers.

Africa's Development Dynamics 2022 Regional Value Chains for a Sustainable Recovery

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Author :
Publisher : OECD Publishing
ISBN 13 : 9264494774
Total Pages : 254 pages
Book Rating : 4.2/5 (644 download)

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Book Synopsis Africa's Development Dynamics 2022 Regional Value Chains for a Sustainable Recovery by : African Union Commission

Download or read book Africa's Development Dynamics 2022 Regional Value Chains for a Sustainable Recovery written by African Union Commission and published by OECD Publishing. This book was released on 2022-05-25 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Africa’s Development Dynamics uses lessons from Central, East, North, Southern and West Africa to develop policy recommendations and share good practices. The 2022 edition explores how developing regional value chains can help African countries rebound from the socio-economic shocks of the COVID-19 pandemic and accelerate productive transformation.