Economic Research Forum (ERF)

Mohamed El-Komi

Author

Mohamed El-Komi
Associate Professor of Economics and Director of BEDMLab, American University in Cairo

Mohamed El-Komi is Associate Professor of Economics at the American University in Cairo. He was also Assistant Professor of Finance and Economics at Durham University, UK, Adjunct Professor of Economics at the University of Texas-Dallas and visiting scholar at James Baker III Institute for Public Policy at Rice University. His main areas of research are behavioral/experimental economics and Islamic finance. He was the Deputy Director of the Center for Behavioral Economics and Finance at Durham University. And he is now the Director and founder of the Behavioral and Economic Decision-Making Lab (BEDMLab) at AUC. Mohamed organized several conferences on Islamic finance, behavioral economics and experimental economics and has been the initiator and guest editor of JEBO’s special issues on Islamic finance. Mohamed’s public service career includes being a diplomat until he became minister plenipotentiary. Mohamed has MA from Warwick University, MSc. and Ph.D. from the University of Texas-Dallas.

Content by this Author

The impact of loans and grants on development: Evidence from Egypt

Evaluations of grant programmes have shown that the return to capital is high in developing countries, but the impacts of loans have only been modest. This column, originally published at VoxDev, shows that for microenterprises in Egypt, loans and grants increase incomes similarly, but only among certain recipients.

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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