Inside Inequality in the Arab Republic of Egypt


Book Description

Inside Inequality in the Arab Republic of Egypt: Facts and Perceptions Across People, Time, and Space comprises four papers prepared in the framework of the Egypt inequality study financed by the World Bank. The first paper, by Sherine Al-Shawarby, reviews the studies on inequality in Egypt since the 1950s with the double objective of illustrating the importance attributed to inequality through time and of presenting and compare the main published statistics on inequality. The second paper, by Branko Milanovic, turns to the global and spatial dimensions of inequality. The Egyptian society remains deeply divided across space and in terms of welfare, and this study unveils some of the hidden features of this inequality. The third paper, by Paolo Verme, studies facts and perceptions of inequality during the 2000-2009 period, which preceded the Egyptian revolution. The fourth paper, by Sahar El Tawila, May Gadallah, and Enas Ali A.El-Majeed, assesses the state of poverty and inequality among the poorest villages of Egypt. The paper attempts to explain the level of inequality in an effort to disentangle those factors that derive from household abilities from those factors that derive from local opportunities. Inside Inequality in the Arab Republic of Egypt provides some initial elements that could explain the apparent mismatch between inequality measured with household surveys and inequality aversion measured by values surveys. This is a particularly important and timely topic to address in light of the unfolding developments in the Arab region. The book should be of interest to any observer of the political and economic evolution of the Arab region in the past few years and to poverty and inequality specialists interested in a deeper understanding of the distribution of incomes in Egypt and other countries in the Middle East and North Africa region. World Bank Studies are available individually or on standing order. The World Bank Studies series is also available online through the Open Knowledge Repository (https://openknowledge.worldbank.org/) and the World Bank e-Library (www.worldbank.org/elibrary). Book jacket.




The Political Economy of Reforms in Egypt


Book Description

Drawing on Khalid Ikram's extensive knowledge of economic policymaking at the highest levels, The Political Economy of Reforms in Egypt lays out the enduring features of the Egyptian economy and its performance since 1952 before presenting an account of policy-making, growth and structural change under the country's successive presidents to the present day.




The Egyptian Economy, 1952-2000


Book Description

No other comprehensive study of Egyptian economic development The book obtains a unique insight into Egyptian politics through interviews with Prime Ministers and Cabinet ministers from the last 35 years Uses unpublished analysis by the World Bank, the IMF and USAID




The Impact of Formal and Informal Institutions on Economic Growth


Book Description

Regarding the Arab region, GDP per capita virtually stagnated for more than 20 years from 1980. During the same period, GDP per capita in the world's highly industrialized states further increased and the gap between the Middle East and North Africa (MENA) and the highly developed countries widened. However, the differences between Arab countries and the Western states exist not only economically. The countries also differ regarding their political, legal, and social systems. This work explains the differences in development on the basis of institutional economics. In addition to a general theoretical part, an empirical analysis demonstrates the effects of institutions on income, and a historical case study explains the divergent development paths of the Arab region and selected advanced economies.




Egypt in the Twenty First Century


Book Description

An overview of the political economy and development of contemporary Egypt, focusing on the nature and extent of economic reform and restructuring in the last twenty years.




Everyday Economic Practices


Book Description

Exploring the significance of local everyday economic practices to development policy-making, this book demonstrates why it is a misrepresentation to characterize all that is economic ascapitalism and offers alternative ways to conceptualize economic developments rather than just as the industrialization, urbanization and environmental degradation as experienced by the West.




Egypt After Mubarak


Book Description

Egypt's autocratic regime is being weakened by economic crises, growing political opposition, and the pressures of globalization. Observers now wonder which way Egypt will go when the country's aging president, Husni Mubarak, passes from the scene: will it embrace Western-style liberalism and democracy? Or will it become an Islamic theocracy similar to Iran? Egypt after Mubarak demonstrates that both secular and Islamist opponents of the regime are navigating a middle path that may result in a uniquely Islamic form of liberalism and, perhaps, democracy. Bruce Rutherford examines the political and ideological battles that drive Egyptian politics and shape the prospects for democracy throughout the region. He argues that secularists and Islamists are converging around a reform agenda that supports key elements of liberalism, including constraints on state power, the rule of law, and protection of some civil and political rights. But will this deepening liberalism lead to democracy? And what can the United States do to see that it does? In answering these questions, Rutherford shows that Egypt's reformers are reluctant to expand the public's role in politics. This suggests that, while liberalism is likely to progress steadily in the future, democracy's advance will be slow and uneven. Essential reading on a subject of global importance, Egypt after Mubarak draws upon in-depth interviews with Egyptian judges, lawyers, Islamic activists, politicians, and businesspeople. It also utilizes major court rulings, political documents of the Muslim Brotherhood, and the writings of Egypt's leading contemporary Islamic thinkers.




Identifying Binding Constraints to Growth


Book Description

As emphasized by Hausmann, Rodrik and Velasco, the policy challenge of boosting growth requires prioritization and identifying what are the most binding constraints. This paper draws on firm-level data from the World Bank Enterprise Survey, which suggests that the obstacles for the functioning of firms is related to firm size. Recognizing the potential endogeneity and simultaneity between firms' constraints and firm size, we implement an Ordered-Probit model with a potential categorical endogenous regressor to estimate, for the case of Bolivia, the conditional probability of facing obstacles given the firm size category, while controlling for other factors. The results confirm the importance of allowing for the roles of firm size in identifying constraints and suggest priorities for policies to remove constraints to economic performance.