Al-Ahram Weekly Online   26 Dec. 2002 - 1 Jan. 2003
Issue No. 618
Economy
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Published in Cairo by AL-AHRAM established in 1875
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Globalisation's lost consensus
Two major events took place in Cairo over the last week symbolising the despondency that many now feel over the effects of globalisation on the poor, writes Wael Gamal

Stable yet vulnerable
Although the Egyptian pound has had a relatively stable year, it will remain vulnerable to external shocks unless there is an improvement in Egypt's wider economy

Creating the right environment
Efforts are underway to facilitate the development of small and medium enterprises and their integration into the mainstream economy. Niveen Wahish reports

Exports duck despite laws
Laws, decrees, and funds galore, but, how to explain the lack of response at the bottom line?

World Bank forecasts slow growth
A recently issued World Bank report is pessimistic about the global economy with growth in the Middle East contingent on the avoidance of war. Mona El-Fiqi reviews the report

Leg-up for the market
Obvious foreign interest and a new set of rules gave the capital market a much-needed push during 2002

Slowly, but surely?
Despite new government approaches to boost privatisation, the programme still faces a slowdown for the foreseeable future

Better than expected
A stronger than expected recovery has enabled Egypt to stay away from donor assistance tied to set policy prescriptions

Year of the runaways
The economy took yet another beating this year as the list of loan defaulters continued to grow

Legislating for recovery
Parliament's main concern over the last year has been to protect the Egyptian economy from the fallout of 11 September.


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