Economic Policy Commons^™

How Does Foreign Direct Investment (Fdi) Impacts Egypt Economic Stability From The Specific Focus Of Exchange Rate And Economic Growth, Mohamed Medhat Merdan

Theses and Dissertations

This thesis examines the relationship between foreign direct investment (FDI) and economic dependency in Egypt, focusing on two channels through which such dependency may manifest: exchange rate volatility and economic growth. FDI has historically financed a disproportionately large share of Egypt's gross fixed capital formation relative to comparable regions, yet rigorous empirical research on its macroeconomic consequences within the Egyptian economy remains limited. Drawing on Dunning's eclectic (OLI) paradigm and Porter's diamond model, this study develops three hypotheses and tests them using an ARDL bounds testing approach applied to fifty-five years of annual data spanning 1970 to 2025.

The empirical …

Policy Coherence And Private Sector Development In Egypt: Aligning Governance Reforms With Development Finance, Shereef El Tanahi

Theses and Dissertations

Despite record volumes of development finance flowing into Egypt, the private sector, particularly its micro, small, and medium enterprises, has yet to experience the broad-based growth these investments were designed to catalyze. Between 2020 and 2025, international development partners committed more than 15.6 billion dollars to Egypt's private sector, yet private investment remains a modest share of the national economy, and most domestic firms continue to face severe barriers to credit.

This thesis argues that the answer lies not in the volume of capital mobilized, but in the coherence of the policies that govern how that capital reaches firms. The …

Average Earnings Of Undergraduate Certificate Graduates In The Mountain West, 2024, Devin Streuter, Kahlen Coss, Kevin Yang, Caitlin J. Saladino, William E. Brown Jr.

Higher Education

This fact sheet presents data on the average earnings of undergraduate certificate program graduates in 2024 dollars compared to the average earnings of high school (HS) graduates in five Mountain West states: Arizona, Colorado, Nevada, New Mexico, and Utah. The fact sheet reports information on the number of undergraduate certificate programs, number of graduates, the most popular certificate programs, and earnings premiums for each state. Published by Open Campus in collaboration with The Higher Education Analytics (HEA) Group, the fact sheet reports data originally published through the “Certificate Earnings Explorer."

Can The Safety Net Support Families Through Childbirth?, Hyojeong Kim, Colleen Heflin, Taryn Morrissey

Center for Policy Research

Childbirth is a life event that often disrupts maternal employment and household earnings just as family expenses increase. In the United States, families do not have access to a national paid parental leave program and must rely on a patchwork of safety net programs that were not designed specifically to support households during pregnancy and the immediate postpartum period. This brief uses linked administrative data from the Virginia Longitudinal Data System (2016–2021) to describe changes in household earnings and social welfare benefits before and after childbirth among low-income mothers receiving the Supplemental Nutrition Assistance Program (SNAP) or Temporary Assistance for …

Gross Metropolitan Product (Gmp) And Gross State Product (Gsp) In The Mountain West, 2024, Devin Streuter, Phillip Seo, Zafeen Boulware, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet presents 2024 Gross Metropolitan Product (GMP) and Gross State Product (GSP) data for five Mountain West states: Arizona, Colorado, Nevada, New Mexico, and Utah, and selected metros in these states. The data are derived from a report by the United States Conference of Mayors titled, “U.S. Metro Economies Annual Report and Forecast June 2025."

State Investments In Childcare In The Mountain West, 2026, Sophia Booth, Yiselle Olivas Ruiz, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet presents data on state investments in childcare and preschool programs in the five Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah. BabyCenter’s 2026 analysis, “These are the best and worst states for childcare,” includes state-level data on childcare accessibility, affordability, public investment, and overall childcare rankings for all 50 states. This fact sheet focuses on childcare spaces per child, income spent on childcare, and state investment per child.

Should We Flee? The Mortality And Economic Impacts Of Hurricane Evacuation Orders, Lucas Kaplan

Center for Policy Research

I estimate the mortality and county-level regional economic impacts of hurricane evacuation orders using a novel instrumental variables framework. Relative to similarly affected but non-evacuated areas, evacuated counties experience fewer deaths but lower personal income, employment, and business establishments into the second year following the storm, likely stemming from delayed returns in wealthier neighborhoods. I then develop a threshold decision rule that balances the mortality benefits against these persistent economic costs and apply this framework to orders issued from 2016–2022. Incorporating these persistent economic costs alters policy evaluation: the largest orders generate net benefits that dwarf their costs, but the …

The Effect Of Retention Threat On Student Learning Gains: Evidence From Ohio, Sarah Souders, Robert Bifulco

Center for Policy Research

Grade retention policies create incentives for students to make adequate progress ahead of evaluation. The threat of retention thus has the potential to affect all students’ academic outcomes, increasing achievement especially among students with test scores near the retention policy’s threshold. By using unique data from Ohio which allows us to implement a regression discontinuity design, we find that students exposed to the threat of retention in Grade 3 experience larger learning gains than students who are not under retention threat. Gains in Grade 3 English Language Arts (ELA) are 0.077 SD and although effects partially fade over time, positive …

Impacts Of Climate Hazards On Employment And Earnings By Hazard Type, Industry, Race, And Ethnicity, Dania V. Francis, Keren M. Horn

Sustainable Solutions Lab

We examine the relationship between climate-related disasters and subsequent county-level aggregate employment and earnings. We combine earnings and employment data from 2000 to 2023 with data on disasters to estimate local projection impulse response functions relating extreme disaster events to cumulative percent changes in employment and earnings. On average, disasters appear to reduce employment growth three to five years post disaster. There are small positive impacts on earnings. These results are largely driven by responses to hurricanes and tropical storms. Key rebuilding industries such as construction see short-term gains in employment that turn to losses in the longer-term that are …

Governing Algorithmic Attention: Attention Safeguard Models And The Cognitive Attentional Standard As System Level Interventions In Human Computer Interaction, Behavioral Economics, And Artificial Intelligence, Delante Clark

Graduate Scholarship and Creative Works

Algorithmic recommendation systems and interface designs shape attention by combining visually salient cues with uncertain reward timing and low friction interaction. These conditions can sustain anticipatory checking, extend time on task, and reduce natural disengagement points through patterns such as infinite scrolling and autoplay. This paper synthesizes research across neuroscience, human computer interaction, behavioral economics, and artificial intelligence to argue that attention capture is a predictable outcome of incentive driven design rather than an individual failure of self regulation. It advances the Attention Safeguard Models and the Cognitive Attentional Standard as system level interventions that regulate exposure conditions, pacing, and …

How Shale Boom-Era Municipal Debt Could Undermine Community Resilience During The Energy Transition, Brandon Charles

Center for Policy Research

Local governments in oil and gas-producing regions took on significant municipal debt during the U.S. shale boom to build schools, water systems, and other infrastructure to accommodate rapid population growth. This brief uses Mergent municipal bond issuance data and interviews with local government officials to describe debt accumulation in shale boom communities (N=2,519 counties; 2004–2015) and its implications for the energy transition. The author finds that shale boom communities accumulated approximately $782 more in municipal debt per capita than comparable communities, a 26% increase totaling $1.9 billion across 58 shale boom counties. If production declines and newer residents leave, the …

Parental Gender Bias In Youth Employment Standards: Evidence From Upper Egypt, Mahmoud Saeed

Theses and Dissertations

Youth unemployment remains a critical challenge in Egypt, with female labor force participation among the lowest globally. While structural factors such as limited job creation and public sector contraction are well-documented, the role of family-level decision-making in constraining women's labor market entry has received limited quantitative attention. This thesis examines parental gender bias in employment standards in Upper Egypt, investigating whether and how parents impose systematically different job requirements for daughters compared to sons. Using primary survey data from 17,284 unemployed youth aged 18-35 across six governorates, paired with responses from their parents, this study analyzes parental preferences across six …

Mobilizing Social Capital In Social Entrepreneurship: Strategies, Networks, And Growth In The Egyptian Context, Doaa Alaa

Theses and Dissertations

This thesis examines how social entrepreneurs in Egypt strategically mobilise social capital to access resources, legitimacy, and opportunities within a fragmented and institutionally ambiguous ecosystem. Drawing on qualitative case studies of eight legally registered, mission-driven for-profit enterprises, the study analyses how founders build and leverage offline and online networks through practices such as emotional bonding, community formation, knowledge sharing, symbolic positioning, ecosystem engagement, and digital presence. Through thematic analysis of semi-structured interviews and secondary data, the research identifies a set of relational strategies that function as core mechanisms for entrepreneurial growth in contexts where formal support structures and legal definitions …

The Impact Of Corruption On Private Investment In The Mena Region: An Empirical Study On The Period Of 1996-2023, Mohamed A. El Regdawy

Theses and Dissertations

This study aims to examine and understand empirically the impact of corruption on private investment in the MENA region during the period of 1996-2023, as private investment is a key enabler for sustainable economic growth. To better understand such a relationship, a Pooled Mean Group estimator was implemented to figure out this relationship in both the short run and long run. The findings confirm that in the long run, within the context of MENA, corruption was used as a tool to overcome the lack of quality in the regulations that were supposed to enable the role of the private sector. …

The Role Of Bank Portfolio Heterogeneity In The Fiscal Stimulus Policy In Indonesia, Michael Kusuma, Brigitha Mega Rebeca

BISNIS & BIROKRASI: Jurnal Ilmu Administrasi dan Organisasi

Fiscal stimulus transmission is often hindered by banking frictions from risk-averse behavior and channel specialization. To evaluate the fiscal stimulus policy in Indonesia, this study introduces a modified Input-Output (I-O) framework integrated with bank portfolio-based shock vectors. This approach captures banking frictions by incorporating institution-specific portfolio weights into the macro-simulation framework, providing a more realistic assessment than standard uniform-transmission assumptions. Three scenarios are simulated (policy design, interim realization, and expansionary response) to assess the macroeconomic impacts of credit concentration. The results reveal a significant gap between the initial policy design and its actual realization, generating an economic opportunity loss of …

A Just Reimagining Of The Loss & Damage Fund, Sarah Cheung

Master in Public Policy Theses

The Fund for Responding to Loss and Damage (FRLD), established at COP28 in 2023, represents a historic diplomatic breakthrough in multilateral climate finance, yet its design reflects the compromises necessary to secure political agreement rather than a just institutional architecture. This thesis evaluates the FRLD and two prominent reform proposals—the Bridgetown Initiative 3.0 and Esther Duflo's Grand Bargain—against a novel framework that provides a more precise way to evaluate the “justness” of different arrangements. This framework encompasses three dimensions: compensatory, distributive, and procedural justice. [JS1] A dimension of justice is achieved in a two-fold manner; first, through rhetorical commitments in …

Empirical Results From The Eliminations Of Municipal Minimum Parking Requirements, David A. Griffith

Honors Theses

Minimum Parking Requirements (MPR) are municipal zoning ordinances mandating a set number of off-street parking spaces for new developments. Since the 1950s, MPR has been the near-universal way American municipalities supply parking, though growing criticisms since the late 1990s have targeted the policy for distorting development patterns, imposing high costs, and subsidizing personal vehicle use. Beginning in the early 2010s and increasingly in the early 2020s, cities and counties across the United States have moved to reform or eliminate MPR. This paper is the first empirical study of the economic effects of these removals. Using a two-way fixed-effects difference-in-differences OLS …

Credential Shortages In Higher Education Programs In Mountain West Metro Areas, 2024, Isabelle G. Graham, Kristian Thymianos, Olivia K. Cheche, William E. Brown Jr.

Economic Development & Workforce

This fact sheet reports data on workforce demand for middle-skills jobs across five high-paying occupational categories: healthcare, management, blue-collar, protective services, and STEM. The Georgetown University Center on Education and the Workforce report, “Missed Opportunities: Credential Shortages in Programs Aligned with High-Paying Middle-Skills Jobs in 55 US Metro Areas,” includes metro-level data on 55 metro areas in the United States in 2024.2 This fact sheet focuses on data for five Mountain West metro areas, including Denver-Aurora-Lakewood, CO; Las-Vegas-Henderson-Paradise, NV; Phoenix-Mesa-Chandler, AZ; Salt Lake City, UT; and Tucson, AZ.

China-Canada Resource Diplomacy: New Era Of Land Grabbing, Valdrin Dragusha

Bridges: An Undergraduate Journal of Contemporary Connections

This paper examines the evolving economic relationship between China and Canada, particularly in the context of China's transition from a strictly social economy to an authoritarian socialist market economy. It highlights the implications of China's Going Out Policy initiated in 2000, aimed at securing vital natural resources amidst growing domestic demands driven by rapid economic expansion. The paper analyzes China's significant demand for resources, its sustainable development policies, and the changing dynamics of land acquisitions, particularly in relation to Canada, which is perceived as a strategic investment destination due to its abundant natural resources and technological advancements in clean energy. …

Protection Vs. Progression: A Macroeconomic Approach To Military Expenditure Direct Effects On Social Outcomes Using Ihdi Measures, Connor Graham

Global Tides

This study examines whether military expenditure reduces inequality-adjusted human development and how national governance quality moderates these effects. Using panel data covering 121 countries from 2010-2023, two-way fixed effects models are employed to estimate the relationship between military spending and the Inequality-Adjusted Human Development Index (IHDI). Three key findings emerge from the analysis based on the resulting data. First, a one percentage point increase in military spending reduces IHDI by 0.0012-0.0015 points. Second, the effects prove seven times larger in developed countries than in developing ones, which runs contrary to expectations and prior literature. Lastly, political stability emerged as a …

U.S. Foreign Aid’S Effects On Un Voting Patterns From Years 2017-2023, Brody Young

Undergraduate Theses

This is a study of the relationship between U.S. Foreign Aid and its effects on a receiving nation’s voting coincidence, with voting coincidence measuring how often a nation votes the same as the U.S. in the UN General Assembly. In this study the dependent variable is voting coincidence in the UN General Assembly. The primary independent variable is the average amount of foreign aid UN nations have received from the U.S. in 2017-2023. With several other more minor independent variables including average GDP of nations from 2017-2023, the average population of a nation from 2017-2023, whether a nation is a …

Identifying Common Trend Determinants In Panel Data, Yoonseok Lee, Peter C. Phillips, Suyong Song, Donggyu Sul

Center for Policy Research

This paper develops a novel method for identifying observable determinants of latent common trends in nonstationary panel data, which are typically removed or controlled in two-way fixed effects regressions. By examining cross sectional dispersion processes, we assess whether panel series exhibit distributional convergence toward specific observed time series, revealing them as long run determinants of the underlying latent trend. The approach also offers a new perspective on cointegration between time series and panel data, focusing on the relative variation of the panel data with respect to the cointegration error. Applying this method to U.S. state-level crime rates demonstrates that the …

Immigration Enforcement And Origin Country Labor Markets, Thomas Pearson

Center for Policy Research

This paper studies how increased immigration enforcement in the destination country impacts labor markets in the origin country. Using variation in Mexican migrant networks and Secure Communities (SC), a policy which expanded local immigration enforcement, I show that the deportation of Mexican migrants from the U.S. increases return migration to Mexico and decreases monthly earnings for workers in Mexico. The negative earnings effects are largest for workers most similar to return migrants in terms of their demographics, occupations, and employment types, and are consistent with increased labor market competition.

The Price Of Democracy: The Revolutionary Power Of Taxation In American History, Vanessa Williamson

Brookings Scholar Lecture Series

As part of the Brookings Scholar Lecture Series, Brookings Mountain West presented a lecture titled, "The Price of Democracy: The Revolutionary Power of Taxation in American History" by Brookings senior fellow in governance studies, Vanessa Williamson.

From tariffs to “no tax on tips”, taxation has often been a hot topic in American elections. What is not commonly recognized, however, is that—from the framing of the Constitution to the decades-long backlash to the civil rights movement—taxes have been at the heart of battles over the breadth of our democracy. Brookings senior fellow Vanessa Williamson discusses her new book, The Price of …

Digital Public Service Delivery As An Institutional Outcome: Data Governance And Interoperability In The Egyptian Public Sector, Waad Hegazy

Theses and Dissertations

Moving beyond technology-centered theories of digital transformation, this thesis examines the institutional and governance factors shaping digital public service delivery in Egypt. It analyzes how governance structures, data governance arrangements, and interoperability frameworks influence the extent to which digital transformation initiatives result in integrated, scalable, and citizen-facing public services. Using a qualitative research design, the study draws on an analysis of relevant policy and program documents and semi-structured interviews with key stakeholders involved in digital transformation initiatives in Egypt. The findings indicate that persistent challenges in digital public service delivery are driven less by technological constraints than by fragmented governance …

Encouraging Naturalization: The Broader Effects Of Daca On U.S. Immigration, Emily Battaglia, Thomas Pearson

Center for Policy Research

This paper examines how protection from deportation and work authorization affect immigration outcomes, focusing on Deferred Action for Childhood Arrivals (DACA). Using a difference-in-differences design exploiting geographic variation in exposure to DACA-eligible immigrants, we find that DACA significantly increased the number of naturalized citizens without increasing the number of noncitizens. This increase is driven by higher naturalization among prior noncitizens, most of whom are likely not DACA beneficiaries. We provide evidence consistent with DACA increasing incentives for, and reducing barriers to, naturalization by protecting undocumented DACA-eligible contacts, suggesting temporary protections can encourage longer-term commitments and permanent residence among existing immigrants.

The Rise Of The Global Middle Class, Homi Kharas

Brookings Scholar Lecture Series

As part of the Brookings Scholar Lecture Series, Brookings Mountain West presented a lecture titled, "The Rise of the Global Middle Class" by Brookings senior fellow in global economy and development, Homi Kharas.

For the last two hundred years, ever since the start of the Industrial Revolution, the most successful economies in the world have developed large, stable middle classes. With globalization, the expansion of the middle class has accelerated to a historically unprecedented speed. But global consumerism is scaling faster than the adaptation of institutions, ecosystems, and social norms. Brookings senior fellow Homi Kharas discusses his most recent book, …

Toward Transformative Social Protection: Integrating Economic Empowerment And Addressing Graduation Challenges In Egypt’S Takaful And Karama Program, Mennatalla Ahmed Zayed

Theses and Dissertations

This study investigates how Egypt's Takaful and Karama Program (TKP) can enhance long-term poverty reduction and program sustainability through the inclusion of economicempowerment interventions. Based on the frameworks of Social Risk Management 2.0 and Transformative Social Protection, the study places Egypt's experience in the context of international discussions about conditional cash transfers, multidimensional poverty, and graduation models. The study uses a qualitative methodology, conducting semi-structured interviews with academics, civil society experts, and policymakers. The interviews' findings are supported by content analysis of policy documents and impact evaluations on TKP and Forsa. According to the research analysis, cash transfers help alleviate …

Advancing Climate Transition Through Fiscal Tools: The Role Of Carbon Taxation And Fuel Subsidy Reform, Farah Amgad Zayed

Theses and Dissertations

This study highlights how fiscal policy tools can accelerate Egypt's climate transition, with emphasis on carbon taxes and fossil fuel subsidies reforms. It investigates how fiscal tools can reduce carbon emissions and promote economic development by primarily relying on qualitative interviews with policymakers, consultants, representatives of the private sector, and civil society actors, paralleled with some descriptive and comparative analysis. The results show that even though Egypt has made significant strides in advancing green transition, including updating the Nationally Determined Contributions (NDC), introducing the first African Voluntary Carbon Market (VCM), as well as phasing out fossil fuel subsidies gradually, institutional …

Urban Sprawl And Residential Carbon Emissions: Evidence From Indonesia And The Philippines, Yi Jiang, Taylor Lathrop, Alexander D. Rothenberg, Yao Wang

Center for Policy Research

This paper studies how neighborhood density affects residential carbon emissions, using detailed data from Indonesia and the Philippines. To address simultaneity, we instrument density with soil characteristics, and to address sorting, we control for community averages of observed characteristics. Unlike cities in developed countries, we find that density is positively correlated with residential energy use. After controlling for sorting, we find a precise null relationship between density and residential carbon emissions. Our results suggest that policies to control urban sprawl may not be successful in reducing residential carbon emissions in developing country cities.