Human Capital, Labour Market Friction and Migration in Egypt, Jordan, Morocco and Tunisia
This study provides an overview of the main characteristics of education systems and labour markets in four Southern and Eastern Mediterranean Countries (SEMCs) – namely Egypt, Jordan, Morocco and Tunisia – and discusses the difficulties facing the youth in their transition from school to the labour market and the pressure for them to migrate. The analysis focuses on the latest trends in youth education, employment, and migration with a special focus on gender gaps and regional inequalities as presented in the four chapters by the country experts in this study.
Financial Development and Inclusion in Egypt, Jordan, Morocco and Tunisia
The link between financial development and sustainable economic growth is complex. The academic literature published on this topic in recent years finds that financial development contributes to growth up to a certain tipping point. Beyond this tipping point, financial development would make the overall system more fragile. The benefits of financial development and the level of the tipping point seem to vary between economies. Among the factors that contribute to the variance are the composition of the financial system (institutions and market based intermediation), access (financial inclusion) and efficiency (government interventions, allocation, etc.). The complexity of the relationship between financial development and economic growth requires the assessment of the factors affecting the relationship in order to determine the most effective policies. In this study, we provide an assessment of the various factors determining financial development in terms of the financial sector structure, contribution to the economy and financial inclusion in four countries mainly Egypt, Jordan, Morocco and Tunisia.
Micro, Small and Medium Sized Enterprises Development in Egypt, Jordan, Morocco & Tunisia: Structure, Obstacles and Policies
The study provides a snap shot of the current status quo in Egypt, Jordan, Morocco and Tunisia regarding the development of their private sectors, with a focus on micro, small and medium enterprises. It will be used as a baseline for the definition of a robust research agenda that ultimately aims at providing sound recommendations for policy makers to improve developmental outcomes and, especially, the contribution of micro, small and medium enterprises to employment creation.