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22 result(s) for "Raouf, Mariam"
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Confidence in Leadership Abilities: Newly Hired Versus Tenured Staff
For organizational leaders to successfully employ leadership development efforts that resonate with employees, it appears that the confidence levels of employees’ own leadership abilities and how they compare in newly hired versus tenured staff is a pertinent topic that is important for leaders to understand. The research question that guided this descriptive qualitative study was: “How do non-managerial library employees’ confidence levels contrast among newly hired staff versus tenured staff as measured by the Leader Efficacy Questionnaire?” Data was collected via the questionnaire; the results, analysis, and findings of the study were based on the survey responses of nine non-managerial community library employees. The findings suggest that tenure with the job and organization may build one’s leadership efficacy within their current role. Tenure at one’s current job may possibly be a key influencing factor in Leader Efficacy scores. Through the existing literature outlined in the literature review and the findings of this study, assessing leadership self-confidence in organizational settings can be instrumental to an individual’s leadership growth and potential as well as a library’s overall success.
Estimation of Export Demand Function in Egypt
In emerging economies, exports play an important role in enhancing economic growth, sustaining development, and providing foreign exchange revenue. The study explores the determinants of exports in Egypt from 1980-2021. Considering the heterogeneity of exports, the paper disaggregates the types of exports into three major sub-components according to data availability. First, the study estimates the determinants of total exports and then focuses on identifying the determinants of merchandise exports. Finally, a separate function is estimated to identify the main factors of service exports. Key empirical findings are consistent with the results of previous studies, especially about the positive and significant relationship between exports and world GDP, real domestic GDP, and the trade partnership agreement with the EU. However, a negative and significant relationship between the real effective exchange rate and the total exports has been detected, with a higher response from service exports.
External Shocks
This study examines the complex dynamics of the Egyptian economy in response to external shocks and currency devaluation. Using a SAM-based CGE model, the research highlights the economic interactions between production sectors, households, government and the rest of the world. It explores resource competition in markets for production factors and goods, and on macroeconomic constraints such as the government budget, savings and investment, and foreign exchange revenues. Key findings reveal the substantial impact of differential domestic inflation (45%) and the challenges posed by limited foreign exchange inflows (32%) and deteriorating export competitiveness (19%). External shocks, including the COVID-19 pandemic and geopolitical events, have subtle impacts on GDP, employment, household consumption, and inequality. Sectoral analyses show varied effects across export-oriented and non-tradable industries. As Egypt contends with global challenges, the study emphasizes the need for targeted policies that balance export competitiveness, foreign savings, and domestic stability. The findings provide valuable insights for policymakers navigating the complexities of the dynamic global economy.
Prioritizing agricultural value chains for reviving the food system in Yemen: Input for an agricultural strategy update
In addition to the unprecedented humanitarian crisis and the creation of space for militant groups, the conflict in Yemen is also taking a heavy toll on the economy. According to estimates from the International Monetary Fund (IMF 2018) together with information on physical damages from the World Bank-led Yemen Dynamic Damage and Needs Assessment (World Bank et al. 2018), the accumulated impact of the conflict from 2015 to 2018 is estimated to be USD47 billion (in 2014 prices), nearly one and a half times total GDP in 2014. The poverty headcount for Yemen is estimated to have increased from 49 percent in 2014 to 77 percent in 2018. The results of economic recovery scenarios run within a recursive dynamic computable general equilibrium (DCGE) model of the Yemeni economy suggest that unless significant support is provided by the international community for reconstruction, poverty in coming years, even if the conflict ends, will remain high or increase even further. Poverty outcomes of alternative post-conflict transition options range between a national poverty rate of 84 percent in the worst-case scenario of economic stagnation and 50 percent in the best-case scenario that involves the recovery of physical capital, total factor productivity (TFP) growth increases in all sectors, and significant inflows of foreign aid. Under a recovery scenario with lower foreign aid, the poverty headcount is projected to fall, but only modestly. Only under a recovery scenario with high aid inflows are poverty levels projected to be below pre-conflict levels by 2025.
Impact of COVID-19 on the Jordanian economy: Economic sectors, food systems, and households
Economic growth in Jordan potentially will come to a halt this year. This comes as a result of the COVID-19 pandemic outbreak. Government imposed an economic lockdown which restricted non-essential economic activities and people’s movement in order to contain the virus. A SAM multiplier model was used to estimate the economic impact of the lockdown and to explore potential recovery pathways for the Jordanian economy. Some of the key findings from this modeling exercise are: • National GDP is estimated to have fallen by 23 percent during the lockdown period. The services sector was hardest hit, seeing an estimated drop in output of almost 30 percent. • Food systems in Jordan are estimated to have experienced a reduction in output by almost 40 percent. • Employment losses during the lockdown were estimated at over 20 percent, mainly driven by job losses in services, followed by agriculture. • Household income fell on average by around one-fifth due to the lockdown, mainly driven by contraction in service sector activities, by slowdown in manufacturing activity, and by lower remittances from abroad. • GDP growth rates for Jordan’s economy will continue to be negative through 2020, ranging from -5.7 to -7.4 percent, depending on the speed of economic recovery. A slow pace of recovery is expected. This economic recovery offers opportunities for fostering sustainable economic transformation and structural change. Economic policies and incentives should be directed towards more economic diversification, greater resilience to withstand economic shocks, and job creation.
New Social Accounting Matrix for Jordan: A 2015 Nexus project Social Accounting Matrix
This new Social Accounting Matrix (SAM) for Jordan is a snapshot representation of the Jordanian economy in which productive activities, factors of production, and economic transactions between the main agents, including households, government, and the rest of the world, are illustrated in a circular flow. It has been constructed using IFPRI's Nexus format, which uses common data standards, procedures, and classification systems for constructing and updating national SAMs. This new SAM for Jordan is expected to be an important dataset for the Arab (Agricultural) Investment for Development Analyzer (AIDA), which is tool based on computable general equilibrium (CGE) model analyses. AIDA was developed to inform national and regional development strategies by providing evidence on the impact of agricultural investments on economic development.
COVID-19 and the Egyptian economy: From reopening to recovery: Alternative pathways and impacts on sectors, jobs, and households
Although the global economy is forecasted to shrink by 4.4 percent in 2020 (IMF 2020), the Egyptian economy is proving resilient to the immense human and financial costs caused by the global COVID-19 pandemic. This resilience is mainly explained by the successful implementation of the economic reform program since 2016 that provided more fiscal space to withstand the adverse impact of the COVID-19 crisis. However, that Egypt’s economy is holding up is also due to the rapid response and proactive measures to limit the impact of the virus that were implemented by the Egyptian Government since March 2020 (MPED 2020). These enabled the country to avoid a full lockdown policy (Figure 1). While Egypt posted negative economic growth rates from April to June 2020 at the height of the crisis, overall economic growth was still positive at 3.6 percent for fiscal year (FY) 2019/20. This estimate is only slightly lower than the initial projection of the impact of the pandemic on Egypt’s economy of an annual economic growth equal to 3.8 percent, as estimated by staff of the International Food Policy Research Institute (IFPRI) and the Ministry of Planning and Economic Development (MPED) (Breisinger et al. 2020). The deviation between the early and final estimate can be mainly explained by the lower than expected growth rates in the manufacturing and health services sectors and the better than expected performance of the trade and transport sectors.
Impact of COVID-19 on the Egyptian economy: Economic sectors, jobs, and households
The COVID-19 crisis may lead to a 1.1 percent decline in Egypt’s GDP during the 4th quarter (April to June) of the 2019/20 fiscal year, compared to the same quarter in 2018/19. Without the Government of Egypt’s COVID-19 emergency response package, GDP in Q4 may have declined by 8.7 percent. Tak-ing the emergency response pack-age into account, we estimate an annual growth rate of 3.8 percent for FY 2019/20. Without the emer-gency response package, annual growth for FY 2019/20 may have been as low as 1.9 percent. The services sector is hit hardest, falling by 10.9 percent, followed by industry at -8.3 percent. Agriculture is the most resilient sector. However, these losses are lower than those expected in comparable countries, especially those that resorted to extended periods of full lockdowns. Impacts on Egypt’s agri-food system are less severe than elsewhere in the economy. Most damage will occur in nonfarm components of the agri-food system due to falling consumer demand. Although higher-income households face the largest income losses, lower-income households also will see their incomes decline significantly. The level of social protection required to fully offset the income losses of poor households is likely to be prohibitive, especially given falling revenues from reduced economic activity. Continuing to gradually open the economy again will be critical for avoiding permanent job losses and increases in poverty for the coming year. The process of re-opening the economy may also provide opportunities for fostering more private sector-driven and sustainable economic transformation.
COVID-19 and the Egyptian economy: Estimating the impacts of expected reductions in tourism, Suez Canal revenues, and remittances
Egypt’s recent economic success will almost certainly be interrupted by the COVID-19 pandemic. We examine the likely impact on the Egyptian economy of a significant reduction in tourism, payments received from the Suez Canal, and remittances from Egyptians working abroad because of the slowdown in the global economy due to the COVID-19 virus. Our results suggest that COVID-19 could reduce national GDP by between 0.7 and 0.8 percent (EGP 36 to 41 billion) for each month that the global crisis continues. Similarly, household consumption and expenditure is estimated to decline on average by between EGP 153 and EGP 180 per person per month, which is between 9.0 and 10.6 percent of average household income. The cumulative loss in GDP from these three external shocks alone could amount to between 2.1 and 4.8 percent of annual GDP in 2020 if the crisis lasts for 3 to 6 months. While the country’s focus currently is rightly on fighting the health crisis and mitigating its immediate impacts, planning on how to re-open the economy should also start now.