Comparative Analysis of Egypt’s National Competitiveness: An Evaluation Using International Economic Indicators

Karim Hamza
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Karim Hamza: American University in Cairo, Cambodia

Journal of Accounting, Finance, Economics, and Social Sciences, 2024, vol. 9, issue 1, 43-58

Abstract: This study aims to assess Egypt's national competitiveness, using international economic indicators and benchmarks to help policymakers set strategies for improvement. The study utilized a comparative analysis method by employing specific international indicators and benchmarks, namely the Global Competitiveness Index (GCI) of the World Economic Forum, the Global Innovation Index (GII) of the World Intellectual Property Organization, and the Ease of Doing Business of the World Bank. These outcomes were compared with those of three primary regional groups: Middle East and North Africa (Arab Countries), Lower Middle-Income countries, and Sub-Saharan African countries. Despite Egypt’s progressive economic development, the country still performs weakly in international economic indicator rankings compared to the selected regions. However, this also suggests significant potential for improvement in Egypt's national competitiveness. Further in-depth analysis is needed to assess Egypt's national competitiveness by examining the outcomes of these indicators using Porter’s Diamond model. This will provide a more comprehensive understanding of Egypt's national competitiveness performance and inform strategies for enhancing its national competitiveness.

Keywords: National competitiveness; International indicator benchmark; Egypt; Economic reform; Developing countries (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:euj:jafess:v:9:y:2024:i:1:id:72

DOI: 10.62458/jafess915

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