Conflicts in the Arab region over the past decade have had a devastating impact, giving rise to illegal migration flows and increased poverty. As this column outlines, some countries have experienced a drastic reduction in living standards and reversals of economic and social progress that will affect multiple generations. The collapse, fragmentation or weakness of state institutions in many places has long-term security, humanitarian and development implications.

Employment is recovering but income losses persist in MENA countries in the second year of the pandemic. Two recent ERF policy briefs summarised in this column illustrate the mix of recovery and ongoing challenges for households and firms.

The past decade has presented both new challenges and new opportunities for the Egyptian labour market. This column outlines the findings of a new book focused on the extent to which the country has been able to create good jobs for its growing population, as well as particular issues facing women and vulnerable groups in the world of work. The analysis draws on data from the latest Egypt Labor Market Panel Survey, conducted in 2018.

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.