Economic Research Forum (ERF)

Eman Moustafa

Author

Eman Moustafa
General Authority for Investment & Free Zones, Egypt

Eman Moustafa is a Senior Consultant for the Macroeconomic Policy, Debt Sustainability and Forecasting Division of the African Development Bank, Abidjan, Cote d’Ivoire. As well, she is a reviewer in the Journal of Banking and Finance. She is also a Senior Economist (on leave of absence) with the Investment Research Department of the Ministry of Investment and International Cooperation and General Authority for Investment and Free Zones, Cairo, Egypt. She holds a Ph.D. in Economics from Kingston University London, UK, a Master’s degree in Economics from Queen Mary University of London, UK, and a Bachelor’s degree in Economics and Statistics from the Faculty of Economics and Political Science, Cairo University, Egypt. She started her career at the Ministry of Investment, Cairo, Egypt. Previously, she had been an Economic Journalist at El-Mal newspaper, Cairo, Egypt. Her primary research interest is in macro-finance, development and growth, macroeconomics and fiscal policies, international finance, economic forecasting, investment policy, with stints in finance and environment.

Content by this Author

Can preparedness for a health disaster change the game?

Disease outbreaks like Ebola and Covid-19 have strong detrimental effects on mortality rates for mothers, infants and young children in low and middle-income countries, both immediately and in the longer term. As this column explains, strengthening preparedness for such emergencies has become more urgent as health disasters continue to erode recent improvements in maternal and child health.

Most read

Global value chains and sustainable development

What is the role of exchange rate undervaluation in promoting participation in global value chains by firms in developing countries? What is the impact of the stringency of national environmental regulations on firms’ GVC participation? And how do firms’ political connections affect their participation in GVCs? These questions will be explored for the MENA region at a special session of the ERF annual conference, which takes place in Cairo in April 2025.

Adoption of decentralised solar energy: lessons from Palestinian households

The experience of Palestinian households offers a compelling case study of behavioural adaptation to energy poverty via solar water heater adoption. This column highlights the key barriers to solar energy adoption in terms of both the socio-economic status and dwellings of potential users. Policy-makers need to address these barriers to ensure a just and equitable transition, particularly for households in conflict-affected areas across the MENA region.

Migration, human capital and labour markets in MENA

Migration is a longstanding and integral part of the MENA region’s economic and social fabric, with profound implications for labour markets and human capital development. To harness the potential of migration for promoting economic and social development, policy-makers must aim to deliver mutual benefits for origin countries, host countries and migrants. Such a triple-win strategy requires better data, investment in return migration, skill partnerships, reduced remittance costs and sustained support for host countries.

Shifting gears: how the private sector can be an engine of growth in MENA

Businesses are a key source of productivity growth, innovation and jobs. But in the Middle East and North Africa, the private sector is not dynamic and the region has a long history of low growth. This column summarises a new report explaining how a brighter future for MENA’s private sector is within reach if governments rethink their role and firms harness talent effectively.

Building net-zero futures: Asian lessons for MENA’s construction sector

Three big economies in Asia are achieving carbon neutrality in construction. This column draws lessons from Japan, Taiwan and Thailand – and explains why, given the vast solar potential and growing focus on environmental, social and governance matters in the Middle East and North Africa, governments in the region must adopt similarly ambitious policies and partnerships.

Losing the key to joy: how oil rents undermine patience and economic growth

How does reliance on oil revenues shape economic behaviour worldwide? This column reports new research showing that oil rents weaken governance, eroding patience – a key driver of economic growth and, according to the 13th century Persian poet Rumi, ‘the key to joy’. Policy measures to counter the damage include enhancing transparency in oil revenue management, strengthening independent oversight institutions and ensuring that sovereign wealth funds have robust rules of governance.




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