Tenth Report: Ten Years of Impactful Policy Advocacy
The session will discuss Egypt’s major challenge trying to achieve higher and more inclusive growth. To do so, it needs to move up the value chain, raise productivity, and enhance competitiveness, while boosting job creation across sectors. To address existing challenges, a long-term development strategy should be able not only to take into account aggregate social and economic indicators, institutional variables and the regulatory framework, but also to address a major driver behind economic growth: knowledge.
To unlock the capability potential of Egypt, the country now needs to move up the value chain and produce more complex products. The concept of Economic Complexity developed by academics from Harvard University and the Massachusetts Institute of Technology helps measure ‘the productive knowledge’ or ‘capabilities’ that exist in a country. Such a concept could be very valuable to enhance and measure the knowledge based capabilities of Egypt