Investing in the Middle East: The Political Economy of European Direct Investment in Egypt (International Library of Economics) - Hardcover

Mishrif, Ashraf

9781848853362: Investing in the Middle East: The Political Economy of European Direct Investment in Egypt (International Library of Economics)

Hardcover

ISBN 10: 184885336X ISBN 13: 9781848853362

Publisher: I.B.Tauris, 2010

The effect of foreign direct investment (FDI) on economic development has been widely debated. However, the real challenge is not only to examine the effect of FDI on economic development but to also investigate the most appropriate economic policies that are conducive to increasing levels of FDI. Ashraf Mishrif here addresses this challenge and examines the interplay between external and internal forces to determine whether recent EU-Egyptian trade agreements have led to any significant improvement in Egypt’s investment environment and in the growth levels of European direct investment in the country. This important study makes a key contribution to our understanding of the inward investment strategies and options of the Arab World's most populous and powerful player. It will be an essential point of reference for all economists, bankers and investment advisors dealing with the Middle East.

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About the Author:

Ashraf Mishrif is Senior Lecturer in International Business and Finance at Ashcroft International Business School, Anglia Ruskin University and a Visiting Senior Research Fellow in the Department of Middle East and Mediterranean Studies, King's College, London. He sits on the Board of Directors of a number of organisations nationally and internationally, and provides advisory services to a number of multinational companies, government departments and international organizations, including UK Trade and Investment (UKTI) and the United Nations Conference on Trade and Development (UNCTAD).

Review:

'In a world where foreign direct investment has become as precious an indicator of economic strength as exporting, Dr Mishrif's book uses the case of the Middle East to map out the political, economic and business issues which condition the success of nation states in attracting investment from overseas - investment which is as valuable for the knowledge it brings as it is for national finances. Diplomats and policymakers would do well to heed the findings of Dr Mishrif's work.' - Professor Terry Mughan, Ashcroft International Business School, Anglia Ruskin University; 'This wide-ranging use of primary materials makes this undoubtedly the most up-to-date, illuminating and important book dealing with Foreign Direct Investment in the Egyptian context. [This book] deals with a subject that is increasingly central to discussions in the subject area of Middle Eastern political economy and development studies. Indeed, it addresses directly what is probably the fastest growing area of Middle Eastern studies at the moment.' - Professor Rory Miller, Department of Middle East and Mediterranean Studies, King's College London

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