Africa

37 Items

Book Chapter - VoxEU

How did Egypt soften the impact of Covid-19?

| Feb. 23, 2021

The Covid-19 pandemic has drastically disrupted people’s lives, livelihoods, and economic conditions around the world. The global shock has resulted in a tourism standstill (Djankov 2020), significant capital flight (Djankov and Panizza 2020), and a slowdown in remittances (Nonvide 2020), resulting in an urgent balance-of-payments need. Egypt responded to the crisis with a comprehensive package aimed at tackling the health emergency and supporting economic activity. The Ministry of Finance acted swiftly to allocate resources to the health sector, provide targeted support to the most severely impacted sectors, and expand social safety net programmes to protect the most vulnerable. Similarly, the Central Bank of Egypt adopted a broad set of measures, including lowering the policy rate and postponing repayments of existing credit facilities. The next section highlights the experience of firms in Egypt following these policies.

View of an office building on the Suez Canal in Port Said, Egypt, between 1911 and 1913.

Deutsche Fotothek/AP Images

News

Podcast Collection: Globalization and its Discontents in MENA - Fall 2016 MEI Study Group with Prof. Robert Springborg

    Author:
  • Robert Springborg
| November 18, 2016

During the Fall 2016 semester, visiting scholar Professor Robert Springborg invited a distinguished group of scholars to address the implications of slowing global integration for the Middle East, a region both harmed and helped by rapid globalization in the late 20th century. Over the course of nine seminars, the group explored issues including postcolonial countercurrents in the Middle East and North Africa, the Iranian nuclear agreement, Egypt's military economy, resource wealth, liberal arts education, economic strain and its impact on Islamism, and the future of the United States' Middle East alliances.

News

Harvard Kennedy School Welcomes Robert Springborg as the Fall 2016 Kuwait Foundation Visiting Scholar

| September 14, 2016

Robert Springborg, a preeminent senior scholar of the Middle East has joined the Harvard Kennedy School (HKS) community this semester as Kuwait Foundation Visiting Scholar at the Middle East Initiative at the Belfer Center for Science and International Affairs.

Youth demonstrators call for an end to the current garbage crisis outside the government offices in downtown Beirut, Lebanon on July 25, 2015.

Getty Images

Analysis & Opinions - Project Syndicate

The Silent Arab Majority Must Speak Up

| July 13, 2016

"Since the United Nations Development Program began work on the Arab Human Development Reports (AHDR) in 2001, the situation in many Arab countries has gone from bad to worse. In fact, today the region cannot even come together to publish a new report. This is unfortunate, because finding a new shared vision for Arab people, especially Arab youth, is a prerequisite for ever achieving peace and prosperity in the Middle East and North Africa."

Blog Post - Views on the Economy and the World

Fiscal Education for the G-7

| May 26, 2016
As the G-7 Leaders gather in Ise-Shima, Japan, on May 26-27, the still fragile global economy is on their minds.  They would like a road map to address stagnant growth. Their approach should be to talk less about currency wars and more about fiscal policy.Fiscal policy vs. monetary policyUnder the conditions that have prevailed in most major countries over the last ten years, we have reason to think that fiscal policy is a more powerful tool for affecting the level of economic activity, as compared to monetary policy.

Report

Rewriting the Arab Social Contract

| May 16, 2016

During the fall 2015 semester, former Minister Hedi Larbi convened eight distinguished experts, each with direct operational and academic experience in Arab countries and economies to participate in a study group titled Rewriting the Arab Social Contract: Toward Inclusive Development and Politics in the Arab World. Over the course of seven sessions during the semester, these experts contributed  to an integrated approach to the historical, social, political, and economic dimensions of the Arab uprisings, focusing in particular on the often overlooked economic and social issues at the root of the uprisings.