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January 2017

Financial constraints and export market participation in the Arab Republic of Egypt

Youssouf Kiendrebeogo's picture

Geographical location, important seaports, and airports are factors facilitating international trade in the Arab Republic of Egypt. The country’s natural access to sea routes through the Mediterranean and Red Seas offers considerable potential for increasing export participation. As a result, Egypt outperforms the average score of the Logistic Performance Index (LPI) of the developing world (Figure 1).[1]

Figure 1: Overall Logistic Performance Index in 2012 (1=low to 5=high)

Logistic Performance Index (LPI) of the developing world

The transmission of real estate shocks through multinational banks

Ata Can Bertay's picture

Cross-border banking has grown dramatically in recent decades through financial liberalization, consolidation, and integration around the world. In the pursuit of higher profitability and diversification, many banks extended their activities beyond their home countries, opening branches or subsidiaries abroad and making the global banking landscape more international. The share of foreign banks in host countries increased from around 25% in 2000 to 33% in 2007. Even though the share of assets owned by foreign banks declined from 13% in 2007 to 10% in 2013, the share of foreign banks as the total number of banks was still 36% in 2013 (Claessens and Van Horen, 2015).