<p>“Few countries have been on the verge-of-takeoff for as long as Egypt. This book offers a fascinating study of the Egyptian economy from 1952 to now. The analysis and prescriptions provided by Mahmoud Mohieldin, given his long engagement with the country from the inside and out, along with his co-authors will be of value to not just those who work on Egypt but anybody with an interest in development policy.” (Kaushik Basu, Professor of Economics and Carl Marks Professor of International Studies, Cornell University and former Chief Economist of the World Bank)<br>
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“Mahmoud Mohieldin and co-authors provide a comprehensive and insightful analysis of the past and future of economic reform in Egypt. The recommendations distill the vast analytical and practical knowledge of the authors in calling for a prioritization of the most vulnerable segments of the society and making an impact at the local level. A must read for all development economists and practitioners.” (Asli Demirgüç-Kunt, Non-Resident Fellow, Global Development Center and former Chief Economist of the Europe and Central Asia Region, World Bank)<br>
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“This masterful analysis of Egypt’s economic policymaking over the past 70 years is an important contribution to understanding how ‘crises, disruptions and bad ideas’ have impeded Egypt from realizing its vast potential. Their profound knowledge of Egypt, coupled with an impressive grasp of growth dynamics and macroeconomic stability, does more than shed light on past slippages. It also presents a hopeful outlook for the future. Look to this important book for key insights that can help pave the way for durable high-quality growth that markedly enhances the well-being of present and future generations of Egyptians.” (Mohamed El-Erian, President, Queens’ College, Cambridge University)<br>
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“Why do some countries have it all but fail to prosper? They are blessed with human, natural, and geopolitical resources but cannot build on them because they resist reform—even obvious reforms. They seem locked inside a haphazard history of deep crises, missed opportunities, strokes of luck, new beginnings, fleeting successes, and dashed hopes. Egypt is one of those countries. And this book is a brilliant, brave attempt at explaining why and at imagining a better future.” (Marcelo M. Giugale, former Director, World Bank)<br>
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“The Political Economy of Crisis Management and Reform provides an insightful and detailed look into the drivers behind Egypt’s attempts over the past 70 years to advance genuine economic development and build lasting prosperity. Offering tangible policy prescriptions based on a deep knowledge of the country and a keen understanding of development dynamics, Mohieldin and his co-authors lay out a path for the country’s policymakers to achieve a better future worthy of the aspirations of its young population.” (Peter Blair Henry, Senior Fellow, Hoover Institution and the Freeman Spogli Institute for International Studies., Stanford University)<br>
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“The authors bring their years of experience working at the World Bank, United Nations, and other international organisations to a well-researched, nuanced, and timely account of Egypt’s political economy. This book comes at an important moment when emerging societies are facing a range of challenges, from the climate crisis to low social mobility, with limited means of addressing them in a systemic way. Transformation, the book argues, must happen at all levels of government, economy, and society.” (Mariana Mazzucato, Professor in the Economics of Innovation and Public Value, University College London and Founding Director of the UCL Institute for Innovation and Public Purpose)<br>
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“The book is a brilliant case study of an important country. But so much more than that, it is full of insights both for Egypt and its fascinating history with its evolving and sometimes rapidly-shifting policy frameworks, but also for broadly relevant and valuable learnings about economic and social development. For policymakers, international institutions and academics, the book is an important contribution to our understanding of the political economy of growth and development.” (A. Michael Spence, Professor of Economics, Emeritus, former Dean of the Graduate School of Business, Stanford University and Nobel Laureate in Economics)</p>