Mahmoud Mohieldin analysis of Egypt economic policies over last 70 years
The book aims to identify mechanisms for Egypt to deal with challenges and priorities of economic policies beyond crisis management.
Mohieldin is a professor of Economics at Cairo University, the UN special envoy on financing the 2030 Agenda for Sustainable Development, and the UN high-level champion for climate change.
Amin-Salem is the managing director and global head of Sovereign Advisory at Citi.
El-Shal is an assistant professor of Economics at Cairo University and the research associate director at the Abdul Latif Jameel Poverty Action Lab.
Moustafa is a research manager at the African Export-Import Bank (Afreximbank) and a senior economist at Egypt’s General Authority for Investment and Free Zones.
The book studies the Egyptian economy from 1952 until now, providing a comprehensive analysis and prescription of Egypt's past and future economic reform and development policies.
It explores the crises, disruptions, and poor concepts that have shaped Egypt's modern economy and the government's policies in response.
This project began in late 2019, before the COVID-19 crisis, and evolved during the pandemic and the Russia-Ukraine conflict.
One chapter of the book examines key decisions that have affected the Egyptian economy since 1952 while considering the political reasons behind that. Then, the authors present an analysis of policy-making, structural change, and performance.
Another chapter presents crisis management strategies adopted by Egypt to address the global financial, food, and fuel crisis (triple-F crisis) and its accompanying political consequences along with the effects of the COVID-19 pandemic and the war in Ukraine.
Mohieldin and his co-authors then attempted to determine whether these strategies helped Egypt back onto the path of growth and development.
This includes creating a roadmap that Egypt can follow to optimize reform gains and minimize threats to growth and development.