Economic Research Forum (ERF)

Chahir Zaki

Author

Chahir Zaki
Chaired Professor of Economics, University of Orléans

Chahir Zaki is a chaired professor of economics at the University of Orléans and a research fellow at Laboratoire d’Economie d’Orléans. In this position, Chahir holds the Chair on Environmental and Mineral Economics (CEME) where he teaches and conducts research on trade, environment, natural resources and macroeconomics. He is also a professor of economics at Cairo University (on leave). Previously, he was the director of the French section at the Faculty of Economics and Political Science. He was also the Chair Holder of the World Trade Organization Chair Program at Cairo University. Currently, Chahir is also a research fellow at the Economic Research Forum (Cairo, Egypt) and a consultant for several international organizations (the World Bank, IFPRI and the International Trade Center). He is also the director of Egypt’s pole of the Euro-Mediterranean and African Network for Economic Studies (EMANES), a member of the experts’ panel of the Euro-Mediterranean Economic Association, and an elected-board member of the Middle East Economic Association. He holds a B.A. in Economics from the Faculty of Economics and Political Science, Cairo University, an M.A. in Economics from Université Paris 1 Panthéon Sorbonne, and a Ph.D. in Economics from Université Paris 1 Panthéon Sorbonne. He has written numerous studies published in refereed journals on international trade, environment, trade policy, trade in services, applied economics, and macroeconomic modeling.

Content by this Author

Exchange rate undervaluation: the impact on participation in world trade

Can currency undervaluation influence participation in world trade through global value chains (GVC)? This column reports new evidence on the positive impact of an undervalued real exchange rate on the involvement of a country’s firms in GVCs. Undervaluation acts as an economy-wide industrial policy, supporting the competitiveness of national exports in foreign markets vis-à-vis those of other countries.

Making aid-for-trade more effective in the MENA region

Aid-for-trade represents an important opportunity for developing countries to enhance their trade capacities. But the positive effect of aid-for-trade on exports can hinge on the quality of institutions in recipient countries. According to research reported in this column, in the Middle East and North Africa, it is specific aid types – such as aid to support trade policy reform and aid to enhance productive capacities – that matter most for exports.

Global value chains and domestic innovation: evidence from MENA firms

Global interlinkages play a significant role in enhancing innovation by firms in developing countries. In particular, as this column explains, participation in global value chains fosters a variety of innovation activities. Since some countries in the Middle East and North Africa display a downward trend on measures of global innovation, facilitating the GVC participation of firms in the region is a prospective channel for stimulating underperforming innovation.

Making trade agreements more environmentally friendly in the MENA region

Trade policy can play a significant role in efforts to decarbonise the global economy. But as this column explains, there need to be more environmental provisions in trade agreements in which developing countries participate – and stronger legal enforcement of those provisions at the international level. The MENA region would benefit substantially from such changes.

Creating jobs: making Egypt’s economy work for everyone

Job creation is an indicator of healthy economic growth. But in Egypt, despite impressive macroeconomic resilience that helped the country navigate the Covid-19 pandemic, several long-run structural weaknesses undermine the development of new jobs, even during periods of promising growth. This column argues that without a renewed targeted focus on structural change in the Egyptian labour market, inclusive growth will remain out of reach.

Public banks and development in Egypt

In Egypt, the role of public development banks is played by three government-owned commercial banks, namely National Bank of Egypt, Banque Misr and Banque du Caire. This column outlines the contributions they have made to the economy in recent times, including maintaining financial stability, promoting small businesses and enhancing financial inclusion. Digitalisation, financing the budget deficit and the aftermath of the pandemic are continuing challenges.

Making macroeconomic policy more job-friendly: the case of Egypt

The Egyptian economy suffers from both several structural imbalances and recent cyclical developments, which have exacerbated the negative impact of the pandemic on the labour market. This column explains why deep structural reforms are needed to make it possible to create more and better jobs.

On the economics and politics of IMF loans

Loans made by the International Monetary Fund are supposed to be based mainly on technical economic considerations. But as this column explains, international politics can play a key role in the IMF’s lending decisions. What’s more, domestic politics in recipient countries can have a significant impact on the outcomes of loans, with democratic regimes more likely to experience economic benefits.

When gender matters for exports by MENA firms

There is considerable evidence that export-oriented strategies have a beneficial impact on growth and development. This column reports research suggesting that enhancing women’s participation in the export sector could be a new source of competitiveness for firms in the Middle East and North Africa.

Competition laws: a key role for economic growth in MENA

Competition policy lacks the attention it deserves in the countries of the Middle East and North Africa (MENA), a region characterised by monopolies and lack of market contestability. As this column explains, there are many questions about the extent of anti-competitive barriers facing new market entrants in the region. What’s more, MENA’s weak overall performance on competition is likely to be hindering economic growth and the path towards structural transformation.

Economies of agglomeration and firm productivity in Egypt

There is a strong body of international evidence that firms are more productive when they cluster near one another geographically. This column reports new findings on the substantial productivity benefits of such agglomeration in Egypt. The results have important implications for policy, including the value of establishing specialised industrial zones for promising business clusters with high growth potential.

Exports and innovation in the MENA region: when skills matter

Firms that want to start exporting have to be able to innovate and upgrade their use of technology in the face of fierce competition in international markets. As this column explains, highly skilled production and non-production workers are essential. In other words, engaging in international trade creates the need for a bias towards skills.

Investment climate and firms’ exports in Egypt: when politics matters

Despite significant reforms taken by the Egyptian government to liberalise markets and enhance the business environment, political factors continue to affect firms’ capacity to export. This column reports research on the impact of the overall investment climate on Egyptian exports in the manufacturing sector.

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EU climate policy: potential effects on the exports of Arab countries

The carbon border adjustment mechanism aims to ensure that Europe’s green objectives are not undermined by the relocation of production to parts of the world with less ambitious climate policies – but it could impose substantial costs on developing countries that export to the European Union. This column examines the potential impact on exporters in the Arab world – and outlines possible policy responses that could mitigate the economic damage.

Financial development, corruption and informality in MENA

Reducing the extent of informality in the Middle East and North Africa would help to promote economic growth. This column reports evidence on how corruption and financial development influence the size of the informal economy in countries across the region. The efficiency of the financial sector in MENA economies reduces the corruption incentive for firms to seek to join and stay in the formal sector.

Green hydrogen production and exports: could MENA countries lead the way?

The Arab region stands at the threshold of a transformative opportunity to become a global leader in green hydrogen production and exports. But as this column explains, achieving this potential will require substantial investments, robust policy frameworks and a commitment to technological innovation.

Climate change threats and how the Arab countries should respond

The Arab region is highly vulnerable to extreme events caused by climate change. This column outlines the threats and explores what can be done to ward off disaster, not least moving away from the extraction of fossil fuels and taking advantage of the opportunities in renewable energy generation. This would both mitigate the potential for further environmental damage and act as a catalyst for more and better jobs, higher incomes and improved social outcomes.

Freedom: the missing piece in analysis of multidimensional wellbeing

Political philosophy has long emphasised the importance of freedom in shaping a meaningful life, yet it is consistently overlooked in assessments of human wellbeing across multiple dimensions. This column focuses on the freedom to express opinions, noting that it is shaped by both formal laws and informal social dynamics, fluctuating with the changing cultural context, particularly in the age of social media. Data on public opinion in Arab countries over the past decade are revealing about how this key freedom is perceived.

Child stunting in Tunisia: an alarming rise

Child stunting in Tunisia seemed to have fallen significantly over the past two decades. But as this column reports, new analysis indicates that the positive trend has now gone dramatically into reverse. Indeed, the evidence is unequivocal: the nutritional health of the country’s youngest citizens is rapidly deteriorating and requires immediate and decisive action.

Exchange rate undervaluation: the impact on participation in world trade

Can currency undervaluation influence participation in world trade through global value chains (GVC)? This column reports new evidence on the positive impact of an undervalued real exchange rate on the involvement of a country’s firms in GVCs. Undervaluation acts as an economy-wide industrial policy, supporting the competitiveness of national exports in foreign markets vis-à-vis those of other countries.

New horizons for economic transformation in the GCC countries

The countries of the Gulf Cooperation Council (GCC) have historically relied on hydrocarbons for economic growth. As this column explains ahead of a high-level ERF policy seminar in Dubai, emerging technologies like artificial intelligence, blockchain and robotics – what some call the fourth industrial revolution – present a unique opportunity for the region to reduce its dependence on oil and make the transition to a knowledge-based economy.

Shifting public trust in governments across the Arab world

The Arab Spring, which began over a decade ago, was driven by popular distrust in governments of the region. The column reports on how public trust has shifted since then, drawing on survey data collected soon after the uprising and ten years later. The findings reveal a dynamic and often fragile landscape of trust in Arab governments from the early 2010s to the early 2020s. Growing distrust across many countries should raise concerns about future political and social instability.

Corruption in Iran: the role of oil rents

How do fluctuations in oil rents influence levels of corruption in Iran? This column reports the findings of new research, which examines the impact of increases in the country’s oil revenues on corruption, including the mechanisms through which the effects occur – higher inflation, greater public spending on the military and the weakness of democratic institutions.




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