The Oxford Handbook of the Egyptian Economy offers a comprehensive and timely analysis of Egypt's development trajectory, aiming to inform forward-looking policies grounded in evidence and multidimensional research. At its core lies a single guiding question: What would it take to unlock Egypt's full development potential in a way that is more inclusive, sustainable, and resilient to future shocks? The book brings together contributions from over 70 leading experts, researchers, and practitioners to examine the key drivers of Egypt's economic and social outcomes. Structured into six thematic parts, the Handbook delves into the country's macroeconomic fundamentals, sectoral reforms, environmental challenges, and human development priorities. The final section examines institutional reform, governance, social capital, and the megatrends shaping the country's long-term future. This should prove invaluable for government officials, multilateral organizations, academic researchers, students, development practitioners, and all those interested in understanding Egypt's path toward sustainable development.
Rezensionen / Stimmen
I had the privilege of working on Egypt as Vice President of the World Bank for the Middle East and North Africa, and I know both its vast potential and its persistent challenges. In this important volume, Mahmoud Mohieldin, Marcelo Giugale, Racha Ramadan and their colleagues bring remarkable clarity and candor to Egypt's development story, while charting a credible path toward a more prosperous, equitable, and sustainable future. Their work is both a sober reminder of the obstacles and an inspiring guide to what Egypt can achieve with bold reform. * Ferid Belhaj, Former VP of Middle East and North Africa-World Bank * A timely and authoritative work that captures both the complexity of Egypt's economic trajectory and the urgency of charting a path toward sustained, inclusive, and sustainable growth. By bringing together rigorous analyses across macroeconomic stability, sectoral transformation, human capital, social protection, environmental sustainability, and governance, this volume provides not only a comprehensive account of past challenges but also practical insights for future reform. I commend Professors Mahmoud Mohieldin, Marcelo M. Giugale, and Racha Ramadan, together with the distinguished contributors, for producing a reference that will guide scholars, policymakers, and development partners alike in their shared commitment to advancing Egypt's economic future. * H.E. Dr. Hala H. El Said, Former Minister of Planning and Economic Development of Egypt * This volume is the new key reference for understanding the Egyptian economy, and the essential starting point for a new era of reform and sustainable development in Egypt. The comprehensive volume covers every topic of vital interest - from the underlying sources of Egypt's economic growth to the social and environmental challenges, and the recent record of economic and social reforms. Egypt needs to accelerate its progress. This volume makes clear that success will require a strong focus on education, science and technology; increased government revenues for public investments and services; and stronger trade and investment linkages with economies across Africa, the Mediterranean, the Middle East, the BRICS, and globally. * Jeffrey D. Sachs, University Professor at Columbia University, President of the UN Sustainable Development Solutions Network * A landmark contribution to understanding one of the Middle East's most important economies, covering every dimension of Egypt's economic landscape. The analyses are rigorous yet accessible, weaving history with current policy debates and pointing toward practical solutions for the future. The result is a sweeping, authoritative, and timely account of Egypt's challenges and opportunities. This book will be indispensable for academics, policymakers, and engaged citizens who wish to understand where Egypt stands today, why it has struggled to reach its potential, and what it will take to build a more prosperous, equitable, and sustainable future. * Ugo Panizza, Pictet Chair in Finance and Development, Geneva Graduate Institute; Vice President, Centre for Economic Policy Research * This fascinating Handbook offers an unvarnished and multi-faceted diagnosis of why Egypt, despite its tremendous promise, remains locked in a haphazard history of deep crises, missed opportunities, strokes of luck, new beginnings, fleeting triumphs, and dashed hopes. The book provides a judicious mix of sobering analysis and engaging hope. This is a valuable and timely book that provides the necessary analytical roadmap for economists and policymakers to seize this generational moment of technological advances to chart a more prosperous, equitable, and sustainable future for Egypt. It's a must-read, not only for those interested in Egypt, but also for those looking for insights into development economics in practice. * Mohamed A. El-Erian, President of Queens' College, University of Cambridge, and Professor, Wharton School of the University of Pennsylvania *
Mahmoud Mohieldin is a global economist with over 30 years of experience in international finance and development. He is the UN Special Envoy on Financing Sustainable Development and co-leads the UN Expert Group on debt solutions. Formerly Executive Director at the IMF, Senior Vice President and Managing Director at the World Bank, he was Egypt's first Minister of Investment. He is a Professor of Economics, Cairo University, a Visiting Senior Research Scholar at Columbia University, and Nonresident Senior Fellow at Brookings Institution.
An adviser to governments and international institutions, Marcelo Giugale is a former Director of the World Bank. In his 35 years of experience, he has led senior-level policy dialogue and over 30 billion dollars in lending and insurance operations across emerging and developing countries. An Adjunct Professor at Georgetown University and a Fellow of the US National Academy of Public Administration, his publication record spans macroeconomics, public debt, fiscal risk, and sustainable finance. He was the chief editor of collections of policy notes published for presidential transitions in Bolivia, Colombia, Ecuador, Mexico, and Peru.
Racha Ramadan is a Professor of Economics at the Faculty of Economics and Political Science, Cairo University. She is a research fellow of the SPSS at the Institute for Advanced Study in Princeton and the IMF's Academy. She was Visiting Scholar at Hamburg University, Chicago Center in Paris, and University of Minnesota. She has collaborated on research projects with UNDP, World Bank and UN-ESCWA. Her research focuses on gender, poverty, inequality and food security in developing countries.
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Adjunct ProfessorAdjunct Professor, Georgetown University
