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Structural transformation and industrial policy in Morocco
Economic Research Forum, Egypt, 2013The manufacturing sector in Morocco emerged in the sixties and early seventies with the support of import substitution policies. Manufacturing firms took advantage of the high protection rates as well as non-tariff barriers. Since the early eighties, Morocco’s policymakers, faced by internal and external macro-economic imbalances, gradually shifted to trade openness and privatization.DocumentPolitical patronage and economic opportunity: the case of vertical integration in the Egyptian clothing industry
Economic Research Forum, Egypt, 2013This paper investigates the determinants of vertical integration in the Egyptian clothing industry. High-end market segments are a critical determinant of integration.DocumentTrade and R&D externalities: iImpact on the cost of production of the Tunisian manufacturing sector
Economic Research Forum, Egypt, 2013The purpose of this paper is to introduce a suitable methodology for estimating the extent to which less developed countries—namely Tunisia—that hardly invest in research and development benefit from R&D that is conducted in industrial countries.DocumentThe formal and informal framework of foreign direct investment
Economic Research Forum, Egypt, 2013In the paper, the authors have analysed the impact of formal regulatioThey confirmed that those regulations can indeed contribute to increasing FDI inflows. They also complemented those first results by analysing the interaction of formal regulations with key informal institutions’ generalised trust, finding that trust had an independent positive impact on FDI.Documenta comparative analysis of the determinants of foreign direct investment in The Arab World and in Asia
Economic Research Forum, Egypt, 2013Foreign direct investment (FDI) is supposed to increase a country’s productivity through a more efficient use of capital, absorption of unemployed resources and a better combination of foreign advanced management skills with domestic labour and inputs.DocumentSavings and investment decisions from natural resource revenues: implications for Arab development
Economic Research Forum, Egypt, 2013The Middle East is fortunate to have large endowments of oil and gas.DocumentAfrica rising: harnessing the demographic dividend
International Monetary Fund, 2014Africa will account for 80 percent of the projected 4 billion increase in the global population by 2100. The accompanying increase in its working age population creates a window of opportunity, which if properly harnessed, can translate into higher growth and yield a demographic dividend.DocumentFDI and exports diversification in Arab countries
Economic Research Forum, Egypt, 2013If the diversity of exports is beneficial to growth and development, a natural question is to determine how to influence diversification. The present research examines the role of foreign direct investment (FDI) as a possible culprit.DocumentThe macro-micro nexus and public procurement support policy for SMEs: the case of pharmaceuticals in Egypt
Economic Research Forum, Egypt, 2013The purpose of the paper is to inform the open dialogue on further development on the frame of public procurement in Egypt and present some advice for policy making on fostering the accessibility of small and medium enterprises (SMEs) to public tender market. Observations of previous research showed that SMEs are facing many challenges in this market.DocumentDo global shocks drive investor herds in oil-rich frontier markets?
Economic Research Forum, Egypt, 2013This paper examines the dynamic relationship between global fundamentals and market factors and herding behavior in the five oil rich, frontier stock markets of the Gulf Cooperation Council (GCC) - Abu Dhabi, Dubai, Kuwait, Qatar and Saud Arabia - using a time-varying transition probability Markov-switching model (TVTP-MS).Pages
