Covid 19 And The Egyptian Economy From Reopening To Recovery Alternative Pathways And Impacts On Sectors Jobs And Households

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

Author : Breisinger, Clemens
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

Author : Breisinger, Clemens
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.

COVID-19 and the Egyptian economy: Estimating the impacts of expected reductions in tourism, Suez Canal revenues, and remittances

Author : Breisinger, Clemens
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 6 pages
Book Rating : 4./5 ( download)

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Book Synopsis COVID-19 and the Egyptian economy: Estimating the impacts of expected reductions in tourism, Suez Canal revenues, and remittances by : Breisinger, Clemens

Download or read book COVID-19 and the Egyptian economy: Estimating the impacts of expected reductions in tourism, Suez Canal revenues, and remittances written by Breisinger, Clemens and published by Intl Food Policy Res Inst. This book was released on 2020-04-01 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: Egypt’s recent economic success will almost certainly be interrupted by the COVID-19 pandemic. We examine the likely impact on the Egyptian economy of a significant reduction in tourism, payments received from the Suez Canal, and remittances from Egyptians working abroad because of the slowdown in the global economy due to the COVID-19 virus. Our results suggest that COVID-19 could reduce national GDP by between 0.7 and 0.8 percent (EGP 36 to 41 billion) for each month that the global crisis continues. Similarly, household consumption and expenditure is estimated to decline on average by between EGP 153 and EGP 180 per person per month, which is between 9.0 and 10.6 percent of average household income. The cumulative loss in GDP from these three external shocks alone could amount to between 2.1 and 4.8 percent of annual GDP in 2020 if the crisis lasts for 3 to 6 months. While the country’s focus currently is rightly on fighting the health crisis and mitigating its immediate impacts, planning on how to re-open the economy should also start now.

The Egyptian Economy

Author : Hanāʼ Khayr al-Dīn
Publisher : American Univ in Cairo Press
ISBN 13 : 9789774161544
Total Pages : 356 pages
Book Rating : 4.1/5 (615 download)

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Book Synopsis The Egyptian Economy by : Hanāʼ Khayr al-Dīn

Download or read book The Egyptian Economy written by Hanāʼ Khayr al-Dīn and published by American Univ in Cairo Press. This book was released on 2008 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume aims to evaluate the impact of recent reform policies and highlight priority areas for further reform at the macroeconomic and institutional levels. Topics addressed include growth, distribution, and poverty reduction, unemployment and job creation, and the new pension system.

The Egyptian Labor Market

Author : Caroline Krafft
Publisher : Oxford University Press
ISBN 13 : 0192663801
Total Pages : 415 pages
Book Rating : 4.1/5 (926 download)

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Book Synopsis The Egyptian Labor Market by : Caroline Krafft

Download or read book The Egyptian Labor Market written by Caroline Krafft and published by Oxford University Press. This book was released on 2022-03-03 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Egyptian economy has faced many challenges in the decade since the 2011 Arab Spring uprisings. Not only was job creation anaemic from 2012 to 2018, but new jobs were also of low-quality, characterized by informality and vulnerability to economic shocks. These challenges pushed many in Egypt, especially the most vulnerable, into a more precarious labor market situation. Then, in the midst of economic recovery brought on by tough reform measures adopted in 2016 and 2017, the country was hit by the widespread disruption of a global pandemic. This book examines the plight of Egypt's most vulnerable groups by focusing on the intersection of gender and economic vulnerability in the labor market. With this emphasis on vulnerability and a lens that is sensitive to gender differences and inequities, the contributors to this volume use data from the most recent wave of a unique longitudinal survey to illuminate different aspects of Egyptians' lives. The aspects they explore include labor supply behavior, the ability to access good quality and well-paying jobs, the evolution of wages and wage inequality, the school-to-work transition of youth, the decline in public sector employment, international and internal migration, the situation of rural women, access to social protection, food security, vulnerability to shocks and coping mechanisms, health status, and access to health care services. These analyses are prescient in understanding the axes of vulnerability in Egyptian society that became all too salient during the COVID-19 pandemic.

Routledge Handbook on Business and Management in the Middle East

Author : Yusuf Sidani
Publisher : Taylor & Francis
ISBN 13 : 1040041841
Total Pages : 641 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Routledge Handbook on Business and Management in the Middle East by : Yusuf Sidani

Download or read book Routledge Handbook on Business and Management in the Middle East written by Yusuf Sidani and published by Taylor & Francis. This book was released on 2024-07-31 with total page 641 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook provides thorough insights into crucial topics that have attracted scholarly and practitioner interest in business and management in the Middle Eastern region. The chapters of this Handbook open the window on the key areas of discussion in the field over the past few decades, including organizational behavior, leadership, business culture, business ethics, human resources, business strategy, entrepreneurship, finance, and accounting. It starts with identifying five key themes emerging from the variety of topics, locations, and questions addressed by the various authors who contributed to this volume. The remaining 30 chapters tackle various topics of interest to the research and the practitioner: institutional contexts for doing business in the region; issues of leadership, ethics, and organizational behavior; the role of women in leadership and some of the obstacles facing aspirant women leaders; people management and human resources issues in the Middle East; marketing in the Middle East; and strategy and entrepreneurship in the Middle East. The book closes with a reflection on management research in non-Western societies and describes some methodological challenges and propositions. The Handbook is designed for academics, students, and practitioners covering areas of relevance across business activities, functions, and locations in the Middle East. It is to be used as a reference for scholars doing business research or teaching and for practitioners involved in business activities in the region.

The Egyptian Economy

Author : Hanaa Kheir-El-Din
Publisher : American University in Cairo Press
ISBN 13 : 1617975257
Total Pages : 447 pages
Book Rating : 4.6/5 (179 download)

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Book Synopsis The Egyptian Economy by : Hanaa Kheir-El-Din

Download or read book The Egyptian Economy written by Hanaa Kheir-El-Din and published by American University in Cairo Press. This book was released on 2008-02-01 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Egyptian economy has undergone several reforms since the early 1990s. However, it was not until recently that the reform process picked up speed and intensity. Key initiatives included shifting to a flexible exchange rate regime, liberalizing trade, revising and reducing the tariff structure, and improving the income tax system. Plans are underway to restructure the financial sector and privatize most state-owned enterprises. This volume aims to evaluate the impact of recent reform policies and highlight priority areas for further reform at the macroeconomic and institutional levels. Topics addressed include growth, distribution, and poverty reduction; monetary policy and the impact of exchange rate liberalization; unemployment and job creation; and the new pension system. The objective is to contribute to ongoing efforts to stimulate growth and employment, ensure fiscal sustainability, improve the external sector, and address issues related to poverty and income distribution. The volume focuses on the health and energy sectors in Egypt, with the aim of assessing each sector in three areas: financing, organization, and policy management, in order to suggest ideas for reform in light of international experience. Contributors: Ragui Assaad, Omneia Helmy, Abdallah Shehata Khattab, Hanaa Kheir-El-Din, Aart Kraay, Heba El-Laithy, Nihal El-Megharbel, Mai El Mossallamy, Tarek Abdelfattah Moursi, Sarah El Nashar, Tarek Selim, Enas Zakareya.

2021 Global food policy report: Transforming food systems after COVID-19

Author : International Food Policy Research Institute (IFPRI)
Publisher : Intl Food Policy Res Inst
ISBN 13 : 0896293998
Total Pages : 124 pages
Book Rating : 4.8/5 (962 download)

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Book Synopsis 2021 Global food policy report: Transforming food systems after COVID-19 by : International Food Policy Research Institute (IFPRI)

Download or read book 2021 Global food policy report: Transforming food systems after COVID-19 written by International Food Policy Research Institute (IFPRI) and published by Intl Food Policy Res Inst. This book was released on 2021-04-13 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: The coronavirus pandemic has upended local, national, and global food systems, and put the Sustainable Development Goals further out of reach. But lessons from the world’s response to the pandemic can help address future shocks and contribute to food system change. In the 2021 Global Food Policy Report, IFPRI researchers and other food policy experts explore the impacts of the pandemic and government policy responses, particularly for the poor and disadvantaged, and consider what this means for transforming our food systems to be healthy, resilient, efficient, sustainable, and inclusive. Chapters in the report look at balancing health and economic policies, promoting healthy diets and nutrition, strengthening social protection policies and inclusion, integrating natural resource protection into food sector policies, and enhancing the contribution of the private sector. Regional sections look at the diverse experiences around the world, and a special section on finance looks at innovative ways of funding food system transformation. Critical questions addressed include: - Who felt the greatest impact from falling incomes and food system disruptions caused by the pandemic? - How can countries find an effective balance among health, economic, and social policies in the face of crisis? - How did lockdowns affect diet quality and quantity in rural and urban areas? - Do national social protection systems such as cash transfers have the capacity to protect poor and vulnerable groups in a global crisis? - Can better integration of agricultural and ecosystem polices help prevent the next pandemic? - How did companies accelerate ongoing trends in digitalization and integration to keep food supply chains moving? - What different challenges did the pandemic spark in Asia, Africa, and Latin America and how did these regions respond?

Creating Economic Stability Amid Global Uncertainty

Author : Enrique Murillo
Publisher : Springer Nature
ISBN 13 : 3031413865
Total Pages : 262 pages
Book Rating : 4.0/5 (314 download)

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Book Synopsis Creating Economic Stability Amid Global Uncertainty by : Enrique Murillo

Download or read book Creating Economic Stability Amid Global Uncertainty written by Enrique Murillo and published by Springer Nature. This book was released on 2023-11-20 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: COVID-19 impacted economic activity in a way that hurt households, businesses, industries, and governments. What followed immediately was a period of high uncertainty, and what’s to come is still unknown. Economists have a lot to learn from this point in history, as different countries have handled this very differently from others. This book journeys through what one emerging economy has done to attempt recovery following immense disruption: Mexico's recovery following the pandemic. This volume offers empirical studies that trace the post-pandemic recovery period in Mexico, providing insight into what this emergent economy went through and did after 2021. The first part of the book examines macroeconomics, such as tax collection, and microeconomics, such as household income. These chapters draw on policy and the actions driving the economic recover in this emergent economy. The second half of the book focuses on what organizations can do to improve internal governance as well as market success. Full of new conceptual and empirical studies, the book explains what it looks like to rebuild an emerging economy. It will appeal to economists, economic scholars, and policymakers trying to make sense of the best ways to move forward following intense period of economic instability.

Winners and losers from COVID-19: Evidence from Google search data for Egypt

Author : Abay, Kibrom A.
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 8 pages
Book Rating : 4./5 ( download)

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Book Synopsis Winners and losers from COVID-19: Evidence from Google search data for Egypt by : Abay, Kibrom A.

Download or read book Winners and losers from COVID-19: Evidence from Google search data for Egypt written by Abay, Kibrom A. and published by Intl Food Policy Res Inst. This book was released on 2020-06-23 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evolving pieces of evidence show that services are hardest hit by the COVID-19 pandemic, both globally and in Egypt. Employing Google search data, we examine the implications of COVID-19 on demand for various services in Egypt. • We find that demand for those services that require face-to-face interaction, including hotels and restaurants, air travel and tourism services, significantly dipped after Egypt detected the first COVID-19 case and more so after the Egyptian government introduced major restrictions and curfews. For instance, in the first two months of the outbreak of the pandemic, February and March, demand for hotel and restaurant services contracted by about 70 percent. • In contrast, demand for services that substitute or reduce personal interactions, such as information and communications technologies (ICT) and delivery services, have enjoyed a significant boost. Demand for ICT services tripled, while demand for delivery services doubled in the four months since the outbreak of the pandemic. • Intuitively, these results suggest that individuals and enterprises operating in these sectors are expected to experience heterogenous impacts and damages associated with the pandemic. Our results, along with other evolving evidence, reinforce that those services and sectors negatively affected by the outbreak and spread of COVID-19 deserve attention. • Finally, our analysis highlights the potential of near real-time "big data" to substitute and complement conventional data sources to estimate economic impacts and, hence, inform immediate and medium-term policy responses.

Making Egypt's Post-COVID Growth Path More Sustainable

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.

Economic Effects of the Pandemic

Author : Ashraf Mishrif
Publisher : Palgrave Macmillan
ISBN 13 : 9789819743667
Total Pages : 0 pages
Book Rating : 4.7/5 (436 download)

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Book Synopsis Economic Effects of the Pandemic by : Ashraf Mishrif

Download or read book Economic Effects of the Pandemic written by Ashraf Mishrif and published by Palgrave Macmillan. This book was released on 2024-09-09 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the impact and implications of the COVID-19 pandemic, one of the most challenging public health risks to human wellbeing, on the economic activities and behaviors of Middle Eastern countries during and in the aftermath of the pandemic. It provides detailed examination of how the global and Middle Eastern economies incurred significant financial and economic damages, human losses, and hundreds of millions of people losing their jobs. The analysis of this book is entirely based on primary data and a mix of quantitative and qualitative research methods to accurately account for the effects of the pandemic on the economy, finance, and tourism. While providing in-depth analysis of the macro and micro economy at global and national levels, the book investigates the impact of the pandemic on human behavior including household and water consumptions in the GCC countries, as well as offering potential green strategies for sustainable recovery in the post-pandemic era. As well as explaining the negative effects of the pandemic on the tourism and hospitality industries, the book also offers some positive outcomes from the pandemic, most notably in the innovation and IT sector and creative approaches in banking practices and services to ensure financial stability and sufficient liquidity in the market. Readers, students, researchers, industry practitioners and policy makers will benefit from the new insights offered by a diverse group of senior researchers and experts from across the world.

Resilience of Informal Areas in Megacities – Magnitude, Challenges, and Policies

Author : Mohsen M. Aboulnaga
Publisher : Springer Nature
ISBN 13 : 3030877949
Total Pages : 363 pages
Book Rating : 4.0/5 (38 download)

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Book Synopsis Resilience of Informal Areas in Megacities – Magnitude, Challenges, and Policies by : Mohsen M. Aboulnaga

Download or read book Resilience of Informal Areas in Megacities – Magnitude, Challenges, and Policies written by Mohsen M. Aboulnaga and published by Springer Nature. This book was released on 2021-12-16 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the socio-economic and sustainability challenges facing megacities in dealing with the dramatic population increases of informal areas and settlements (or slums), especially when coupled with the impacts and risks of climate change. The authors examine informal urban areas globally and in developing countries utilizing strategic environmental assessment (SEA) as a tool to solve the sequence of upgrading steps concerning slums and shanty towns, and also establish essential guidelines for local governments and stakeholders to create a balance and quality of life for slums dwellers, particularly in the age of the COVID-19 pandemic, through applying sustainability indicators that enhance the upgrading process. Coverage includes recent statistics and mapping of informal areas worldwide and assessment of the GIZ and Sir Norman Foster models in terms of energy demands and consequential emission of CO2 and air pollution from slums. Three models of Maspero’s Triangle are also studied and assessed. The book is essential reading for a wide range of researchers, students, policymakers, governments, and professionals as well as a good source for research centers and academicians working in energy, climate change, urban environments, and sustainable urban development.

The Egyptian Labor Market in an Era of Revolution

Author : Ragui Assaad
Publisher : OUP Oxford
ISBN 13 : 0191057088
Total Pages : 284 pages
Book Rating : 4.1/5 (91 download)

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Book Synopsis The Egyptian Labor Market in an Era of Revolution by : Ragui Assaad

Download or read book The Egyptian Labor Market in an Era of Revolution written by Ragui Assaad and published by OUP Oxford. This book was released on 2015-05-28 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book fills an important gap in the knowledge about labor market conditions in Egypt in the aftermath of the Arab Spring uprisings, and it analyzes the results of the latest round of the Egypt Labor Market Panel Survey carried out in early 2012. The chapters cover topics that are essential to understanding the conditions leading to the Egyptian revolution of 25 January 2011, including the persistence of high youth unemployment, labor market segmentation and rigidity, growing informality, and the declining role of the state as an employer. It includes the first research on the impact of the revolution and the ensuing economic crisis on the labor market, including issues such as changes in earnings, increased insecurity of employment, declining female labor force participation, and the stagnation of micro and small enterprise growth. Comparisons are made to labor market conditions prior to the revolution using previous rounds of the survey fielded in 1988, 1998, and 2006. The chapters make use of this unique longitudinal data to provide a fresh analysis of the Egyptian labor market after the Arab Spring, an analysis that was simply not feasible with previously existing data. This book is essential reading for anyone interested in the economics of the Middle East and the political economy of the Arab Spring.

Post-COVID Economic Revival, Volume I

Author : Vladimir S. Osipov
Publisher : Springer Nature
ISBN 13 : 3030835618
Total Pages : 409 pages
Book Rating : 4.0/5 (38 download)

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Book Synopsis Post-COVID Economic Revival, Volume I by : Vladimir S. Osipov

Download or read book Post-COVID Economic Revival, Volume I written by Vladimir S. Osipov and published by Springer Nature. This book was released on 2022-01-01 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: This two-volume book examines the most important global problem—the recovery of the social-economic crises due to the COVID-19 pandemic. This economic crisis has its own basis and differs from others by the lockdown of most businesses on the decision of authorities. The uncertainty of the future economic revival obliges scientists around the world to unite in search of effective solutions that will become the basis for prosperity and human wellbeing. The death of millions of people around the world, several waves of coronavirus, and a global pandemic have forced most states to seek extraordinary measures to save people and revive economic activity. The world economy experienced a global shock, probably never experienced before due to lockdowns. The disruptions and gaps in the value chains were primarily caused by the lockdowns of enterprises. The change in the essence of the economic crisis has raised the question of how to overcome it and revive economic activity. The crisis caused a sharp decline in incomes of the population around the world, which led to social upheavals. Post-COVID economic revival in a globalized world has become the most important problem of our time. This book offers contributions of authors from different countries and explores problem solving in the fields of public administration (Volume I, Part I), financial services (Volume I, Part II), different branches (Volume II, Part III) and the social sector (Volume II, Part IV). The first volume discusses governmentality, public, and corporate management. The second part of the volume reveals the trends in the development of the financial sector in the post-COVID period. Despite the fact that the book is divided into two volumes and four parts, a holistic and systematic perception of the new reality of the post-COVID age can be obtained by reading the entire book. This book will be of interest to academics and practitioners in public administration and economics, particularly those who are interested in Post-COVID economic revival.

Impact of COVID-19 on Egypt’s dairy and artichoke value-chains: Qualitative findings from rapid value chain assessments

Author : Abdelaziz, Fatma
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 21 pages
Book Rating : 4./5 ( download)

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Book Synopsis Impact of COVID-19 on Egypt’s dairy and artichoke value-chains: Qualitative findings from rapid value chain assessments by : Abdelaziz, Fatma

Download or read book Impact of COVID-19 on Egypt’s dairy and artichoke value-chains: Qualitative findings from rapid value chain assessments written by Abdelaziz, Fatma and published by Intl Food Policy Res Inst. This book was released on 2021-05-05 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 crisis is having strong impacts on the Egyptian economy, but these impacts differ strongly across sectors.1 Based on scenarios run using a Social Accounting Matrix (SAM) multiplier model of Egypt’s economy, COVID-19 is estimated to have resulted in an 8.6 percent decline in Egypt’s GDP during the 4th quarter of FY 2019/20 (April to June). The services sector was hit hardest, falling by 10.9 percent, followed by industry, which contracted by 8.3 percent. Agriculture was the most resilient sector, although there are large differences in the relative impact of COVID across agricultural subsectors.

COVID-19 and the Informal Economy

Author : Martha Chen
Publisher : Oxford University Press
ISBN 13 : 0198887086
Total Pages : 301 pages
Book Rating : 4.1/5 (988 download)

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Book Synopsis COVID-19 and the Informal Economy by : Martha Chen

Download or read book COVID-19 and the Informal Economy written by Martha Chen and published by Oxford University Press. This book was released on 2024-05-07 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. A key challenge for the post-COVID global economy is whether the disproportionate impact of the crisis on informal workers, who form the majority of the world's workforce, will be acknowledged. Or whether harmful and negative stereotypes will persist. Today, despite the role of these essential frontline workers - producing, processing, selling, cooking and delivering food, providing cleaning, childcare, eldercare, healthcare, transport, waste removal, and other essential services - many observers consider the informal economy to be non-compliant (resisting registration and taxation) and associate it with low productivity (a drag on the economy) or with crime (illegal activities) and grime (blight on modern cities). Yet, most informal workers are working poor trying to earn an honest living in often hostile environments. Most suffered severe declines in work and earnings during successive waves of the COVID pandemic, and related restrictions and recessions, and have gone deeper into debt and depleted their savings and assets in order to survive. This book explores and informs answers to that key challenge. It presents findings on the impact of the COVID crisis on informal workers in Asia, Africa, and North and Latin America. The chapters of the volume analyse the impact of the COVID crisis on informal workers, interrogate whether and which economic recovery plans and schemes include informal workers, and explore what a more inclusive economic recovery and reforms might look like.