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.

Auteur

Ashraf Mishrif is Senior Lecturer at Ashcroft International Business School, Anglia Ruskin University. He completed his PhD at King's College London in 2006.

Contenu

Introduction

PART I: THEORETICAL AND HISTORICAL PERSPECTIVES
Chapter 1: Foreign Direct Investment and States Economic Growth
Chapter 2: Egypt and European Direct Investment, 1805-1972

PART II: EUROPEAN DIRECT INVESTMENT INTO EGYPT 1972-1995
Chapter 3: Development of Egypt's Investment Environment, 1972-1995
Chapter 4: Distribution of European Capital Flows into Egypt, 1972-1995

PART III: EUROPEAN DIRECT INVESTMENT IN THE BARCELONA ERA
Chapter 5: The Barcelona Process and Euro-Egyptian Economic Relations
Chapter 6: Distribution of European Direct Investment into Egypt, 1996-2006
Chapter 7: British Direct Investment in the Industrial Sector, 1996-2006

PART IV: DETERMINANTS OF EUROPEAN DIRECT INVESTMENT IN EGYPT
Chapter 8: Internal Determinants of European Investment into Egypt
Chapter 9: External determinants of European Investment into Egypt

Conclusion