On 14 May, World Trade Organisation (WTO) Director-General Robert Azevêdo announced that he would step down on 31 August, cutting short his second term in office by exactly one year. The organisation then opened the door for respective governments (...)
It is expected that trade on the African continent will commence within the rules of the African Continental Free Trade Area (AfCFTA) on 1 July unless otherwise decided amid the Covid-19 coronavirus pandemic a year after its operational phase was (...)
Throughout the history of the global economy, crises have played a pivotal role in encouraging the international community to look for mechanisms to adjust it and to develop the framework within which it functions. The establishment of the World (...)
In Al-Ahram Weekly for 7-13 December, Magda Shahine wrote an interesting article called “World trade at a crossroads” raising a range of questions including whether Trumpism has been affecting the World Trade Organisation (WTO). Is the WTO still (...)
A forum was recently held on the Chinese Belt and Road initiative in the Chinese capital Beijing. In a continuation of the economic diplomacy of China, another event that gathered Chinese and Arab representatives together, the China-Arab States (...)
A forum on “the Belt and the Road” will be held in China on 14-15 May to discuss a gamut of issues including economic and financial cooperation, eliminating trade barriers and connecting infrastructure, and the harmonisation of policies, all things (...)
Since the inception of the Industrial Revolution in Britain around 1780, industrialisation has been and will continue to be the cornerstone of the structural transformation of any society as it leads to a high level of output and employment (...)
At times of economic problems, even if short-lived ones such as those Egypt faces now and then, the term economic reform becomes familiar to the public and intelligentsia alike. In such circumstances, we should consult experts to provide us with the (...)
The fluctuation of the exchange rate between the Egyptian pound and the US dollar has created much debate in Egypt. This wave of fluctuation is not new, though it has been sharper than previous ones.
Great hopes have been pinned on the governor of (...)
Sherif Delawar's new book, The Trilogy of Development, Justice and the Economy: How Not to Lose the Future, comes at a time when Egypt is reordering its priorities and correcting the mistakes of the past.
The title reflects the messages the author (...)
The Egypt Economic Development Conference (EEDC) was held from 13 to 15 March 2015 and achieved results that surpassed all expectations, not only from an economic perspective but also from a political one.
From a historical perspective, the (...)
The success of the recent Egypt Economic Development Conference (EEDC) highlighted many positive developments in the country. These include the political support of the international community for the Egyptian leadership, the favourable security (...)
In the 1950s, Egypt started an ambitious industrial strategy that helped achieve economic development, creating jobs and increasing national revenues. Unfortunately, this industrialisation was hit hard by the policy of nationalisation and Egypt's (...)
Egyptian economic problems are challenges that necessitate mobilising the maximum response forces of Egyptian society at large. The situation makes it imperative that positive cultural values, key factors in economic development, be encouraged. (...)
History is full of heroes who made names for themselves in decisive moments. It is also full of moments where heroism was needed but never came. This paraphrases the opening to Gamal Abdel-Nasser's booklet, “The Philosophy of the Revolution”. (...)
In the aftermath of the 25 January 2011 Revolution a number of hotly debated constitutional declarations were issued, either under the Supreme Council of the Armed Forces (SCAF) that governed the country from February 2011 until June 2012, or under (...)
Sayed Moawad Attia* discusses how Egypt could manage the implications of the global financial crisis
It is important that we face the fact that the financial crisis will no doubt bring negative consequences on the growth rate, employment, inflows of (...)