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Unlocking Egypt’s Economic Potential: A Closer Look at Challenges and Required Reforms
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Despite Egypt’s possession of numerous economic resources, the country’s economic growth has yet to sufficiently reflect these advantages and meet the aspirations of the population. The country has also been facing a growing debt crisis as a result of deeply-rooted structural weaknesses and adverse shocks that have hit the global economy. And while Egypt has engaged in repeated IMF programs over the years, it has so far struggled to control its budget deficit, achieve macroeconomic stability, and emerge from its recurrent debt and financial crises. How did Egypt arrive at this juncture? How are politics shaping the government’s policy decisions? And what kind of reforms are needed to ensure sustainable growth and development and achieve a more equitable distribution of wealth?
The Malcolm H. Kerr Carnegie Middle East Center and the Carnegie Endowment for International Peace are organizing a hybrid event, in collaboration with the American University in Cairo Press titled “Unlocking Egypt’s Economic Potential: A Closer Look at Challenges and Required Reforms”.
The event will take place at the Carnegie Endowment for International Peace in Washington, D.C. and will also be livestreamed. Speakers include Khalid Ikram and Heba Nassar, co-editors of The Egyptian Economy in the Twenty-first Century (AUC Press, 2022). They will be in conversation with Timothy Kaldas and Mirette Mabrouk. The panel discussion will be moderated by Nur Arafeh, a fellow at the Malcolm H. Kerr Carnegie Middle East Center.
To register to attend the event click here.
Read more about The Egyptian Economy in the Twenty-first Century here.
Speakers
Khalid Ikram
Khalid Ikram is an economist and consultant for over a dozen major international development organizations, following a 25-year career in the World Bank. He's been involved with the Egyptian economy for more than 45 years. He's the editor of a recent book, "The Egyptian Economy in the 21st Century".
Heba Nassar
Professor of Economics
Faculty of Economics and Political Science (FEPS) Cairo University (CU)
Heba Nassar, professor of economics at the Faculty of Economics and Political Science (FEPS) Cairo University (CU) and former vice president of Cairo University. She is the editor in chief of the Review of Economic and Political Science (REPS) (Web of Science and Scopus indexed), vice president of JHASS, Cairo University. She is also the vice chair of the Cairo University alumni and chair of the Arab Health Economic Platform, director of the professional master’s in health economics, Faculty of Economics and Faculty of Medicine, Cairo University.