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L’EMANES (Réseau euro-méditerranéen et africain pour les études économiques) est un réseau d'instituts de recherche et de groupes de réflexion partenaires et associés opérant dans la région méditerranéenne.

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Exchange Rate Pass-Through, Inflation and Monetary Policy in Egypt - 23/05/2022

Publié en mai 2022. Rédigé par Athar Elnagger, Christian Richter

Assessing Healthcare Systems Resilience and Consequences amidst COVID-19 Pandemic. - 01/02/2022

Rédigé par Rym Ayadi, Yeganeh Forouheshfar, Sara Ronc

The Unfinished Business of Stabilisation Programmes: A CGE Model of Egypt - 19/01/2022

Rédigé par City Eldeep, Chahir Zaki

Financial Inclusion in the Southern and Eastern Mediterranean Countries - 18/01/2022

Rédigé par Rym Ayadi, Sandra Challita, Mais Sha’ban

Education and training policies in response to COVID-19, preparing for the recovery a focus on Arab Mediterranean countries - 08/12/2021

Rédigé par Rym Ayadi et Sara Ronco

The Social and Solidarity Economy in Tunisia and its role in formalising the Informal - 22/09/2021

Publié en mai 2021. rédigé par Rim Ben Ayed Mouelhi, Mehdi Ben Braham, Monia Ghazali This study attempts to better understand the functioning of the Social and Solidarity Economy (SSE) establishments in Tunisia, the economic and social role they played, the main constraints and challenges they faced and, especially, their role...

Entrepreneurship and traditional know-how: the case of rural Moroccan women - 22/09/2021

Publié en mai 2021. Rédigé par Benmoussa Othmane, Slighoua Mounia, Bachiri Housseine, Bounou Salim This paper seeks to study the migration dynamics of rural Moroccan women and, hence, to offer insights into from the new entrepreneurial process, so as to alleviate the effects of migration on both sending and receiving...

The Social and Solidarity Economy (SSE) in Morocco - 21/09/2021

Publié en mai 2021. rédigé par Najat El Mekkaoui, Yeganeh Forouheshfar, Sara Loukili The Social and Solidarity Economy (SSE) in Morocco promotes social and economic development. A ten-year strategy was adopted in 2010 to encourage the development of economic activity within the framework of the social and solidarity...

Achieving sustainable development goals : the relevance of a nexus approach in the euro-Mediterranean and African region - 21/09/2021

Publié en mai 2021. rédigé par Fathallah Sijilmassi and Mounia Slighoua The paper defends the idea that it is of utmost importance to emphasise the need for a “nexus approach” rooted in a “geography sensitive” and “multi-scalar” vision of Sustainable Development, for targeted implementation at regional and local levels,...

Assessing the rôle of credit guarantee schemes in the southern Méditerranean – pre ans during COVID-19 - 21/09/2021

Publié en mai 2021. Rédigé par Rym Ayadi et Mais Shaban Amidst the global health crisis, this new study updates the study of Ayadi and Gadi (2013) and extends the knowledge on credit guarantee schemes (CGS) in the South Mediterranean, whilst providing a preliminary assessment on the role of CGS – during and post COVID-19, based...

Nascent and innovative entrepreneurship, the emergence of startups in Tunisia: evidence from a qualitative survey - 21/09/2021

Publié en juin 2021. rédigé par Ben Slimane Sarra, Ben Tahar Moez, Mouelhi Rim The purpose of this work is to understand the emergence and evolution process of nascent and innovative entrepreneurship, the constraints and challenges faced by Tunisian startups, the success factors and, finally, how to support the emergence,...

The Euro-mediterranean blue transition scenario 2050 - 08/09/2021

Publié en juin 2021. rédigé par Ioannis Charalampidis, Panagiotis Karkatsoulis, Leonidas Paroussos This study aims to provide a quantified projection of the Blue Transition scenario (the study published by EMEA in 2020) using a CGE (computable general equilibrium) model (GEM-E3-MENA) that is calibrated to the latest available...

On the relationship between financial inclusion and bank performance - 08/09/2021

Publié en juin 2021. rédigé par Mais Sha’ban, Claudia Girardone, Anna Sarkisyan, and Thankom Arun We explore the relationship between different measures of financial inclusion and banks’ performance across a global sample of countries, characterised by different institutional and regulatory environments and income levels. We...

Social enterprises and employment: case studies from Egypt - 22/04/2021

Publié en juillet 2021. Rédigé par Racha Ramadan The social economy is considered a key factor in providing employment opportunities and improving living conditions for vulnerable groups. Although there are no official statistics regarding the number of social enterprises in Egypt, the growing number of different actors in the...

Demand and Supply Exposure Through Global Value Chains: Euro-Mediterranean Countries During Covid - 22/04/2021

Publié en mars 2021. Rédigé par Rym Ayadi, Giorgia Giovannetti, Enrico Marvasi, Guilio Vannelli, Chahir Zaki This paper tries to examine how the COVID-19 shock affects different countries through their regional integration and their exposure to Global Value Chains (GVCs). Using input-output tables (EORA 2016), our contribution...

Identification of country resilience factors to COVID-19: a time series, cross-country analysis - 22/04/2021

Publié en mars 2021. Rédigé par Moubarack Lo, Amaye Sy, El Hadji Tine On March 11, 2020, the World Health Organisation (WHO) qualified COVID-19 as a pandemic. Since that date, it has circulated across the vast majority of countries around the world. The available figures show that some countries are experiencing a favourable...

Reshaping EU Policies Towards the Eu-Africa Partnership in the ‘New Normal’ Era of the Post Covid-19 World - 15/04/2021

Publié en janvier 2021. Rédigé par Hafsa EL Bekri, Fathallah Sijilmassi Over the last couple of decades, the European and African economic landscapes have changed considerably. The two continents are facing increasing interconnected challenges and opportunities. This leads to a growing awareness for a more global and integrated...

How Resilient are the Healthcare Systems in the Mediterranean? - 15/04/2021

Publié en décembre 2020. rédigé par Rym Ayadi, Sara Ronco. Amidst the disrupting circumstances resulting from the global pandemic COVID-19, this new study, jointly conducted by the Regional Program Political Dialogue South Mediterranean of the Konrad-Adenauer-Stiftung and the Euro-Mediterranean Economists Association EMEA,...

Does income inequality really matter for credit booms? - 13/04/2021

Publié en décembre 2020. Rédigé par Rym Ayadi, Sami Ben Naceur, Sandra Challita The central question of this paper is whether income inequality causes credit booms along with other factors. We distinguish between different types of credit boom: real estate, household, and firms’ credit booms, as well as credit booms that turn...

A Conceptual Framework for Transitioning to an Authentic Sustainable World - 13/04/2021

Publié en novembre 2020. Rédigé par Othmane Benmoussa In this article, using the ESIMOP / PROMISE framework of Roberto Rigobon and systems thinking concepts, we propose a dynamic systems perspective, to raise questions about the processes of change that are required, on multiple scales. Based on this way of thinking, the...

Bank Capital and the Cost of Equity - 25/11/2020

Publié en octobre 2020. Rédigé par Mohamed Belkhir, Ralph Chami, Sami Ben Naceur, Anis Samet Using a sample of publicly listed banks from 62 developed and developing, including MENA, countries over the 1991-2017 period, we investigate the impact of capital on banks’ cost of equity. We report the highest median cost of equity in...

Global Value Chains – Participation and Firm Productivity: Evidence from Egypt - 25/11/2020

Publié en septembre 2020. Rédigé par Giorgia Giovannetti, Giulio Vannelli Global Value Chains (GVCs) have become the predominant structure in world trade flows. They allow the specialisation of firms in very specific tasks, thus offering easier access to international markets. Developing countries may benefit from this...

Global Value Chains – Participation and Development Opportunities: Hints from the Product Space - 12/11/2020

Publié en septembre 2020. Rédigé par Giorgia Giovannetti, Giulio Vannelli The Economic Complexity (EC) approach (Hidalgo and Hausmann 2009) offers a path-breaking perspective into the study of economic development, by introducing new tools for economic analysis, such as the product space and sophistication indexes.

COVID-19 Policy Assessment Monitor: Mediterranean and Africa March – September 2020 - 12/11/2020

Publié en septembre 2020. Rédigé par Rym Ayadi, Giovanni Barci, Sara Ronco Amidst the disrupting circumstances resulting from the global pandemic COVID-19, this new study provides a comprehensive overview of the evolution of the COVID-19 pandemic in the Mediterranean and Africa, policy and economic responses to curb it and to...

Global Value Chains and Service Liberalisation: Do They Matter for Skill-Upgrading? - 12/11/2020

Publié en août 2020. rédigé par Marina Ehab, Chahir Zaki This study attempts to assess the effect of Global Value Chains (GVCs) and service liberalisation on skill-upgrading. It provides a bridge between two active literatures on GVCs and service liberalisation. Using comprehensive firm-level data from the World Bank Enterprise...

Determinants of Export Pricing at the Firm-Level: Evidence from Egypt - 12/11/2020

Publié en août 2020. Rédigé par Yasmine Kamal The study explains the export pricing behaviour of Egyptian firms using detailed customs data. Firstly, it finds that more productive firms (as proxied by their importation of intermediate inputs and capital goods) charge higher export prices, which are correlated with higher...

Financial Inclusion: A New Multi-dimensional Index and Determinants - Evidence from the Union for the Mediterranean Countries - 02/11/2020

Publié en juillet 2020. Rédigé par Rym Ayadi, Dorra Mezzez Hmaied, Rania Makni, Olfa Benouda Sioud, Soumaya Ben Khelifa This paper proposes a new multi-dimensional financial inclusion index based on a two-stage Principal Components Analysis (PCA) and aggregating indicators of availability, access and use. The paper first...

Financial inclusion in the Middle East and North Africa and its Effect on Unemployment - 02/11/2020

Publié en juillet 2020. rédigé par Nooh Alshyab, Demeh Daradkah, Serena Sandri The purpose of this study is to investigate empirically the relationship between financial inclusion and unemployment for a sample of countries within the MENA. An index for financial inclusion, using Sarma (2008), has been estimated for Egypt,...

Morocco In Its Euro-Mediterranean space: Cradle of the Future - 02/11/2020

Publié en juillet 2020. Rédigé par Abdelhak Azzouzi The objective of this policy paper is to develop the idea that Europe, in its regional relations, needs two model partner countries in the South, as in the East, to act as the locomotive for other countries. In a region full of turmoil, Morocco, through its various advances,...

The Impact of COVID-19 on Emerging Markets - 02/11/2020

Publié en juillet 2020. Rédigé par Rwan El-Khatib, Anis Samet The COVID-19 pandemic is impacting global markets through unprecedented circumstances. Fears surrounding such a novel virus have led to dramatic market turbulence and massive falls in stock prices. In this paper, we explore the impact of COVID-19, in a comprehensive...

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