Anchoring Reform with a US–Egypt Free Trade Agreement: 74 (Policy Analyses in International Economics) - Softcover

Could douce commerce be an answer in the Middle East? Galal (Egyptian Center for Economic Studies and the World Bank), Lawrence (trade and investment, Harvard U.) and their contributors believe a free trade agreement between Egypt and the US would have benefits for both, arguing that an FTA would further Egypt's economic progress, stimulate regional reform, avoid trade diversion and improve bilateral economic relations. They believe that such an agreement should include reduction or elimination of tariffs, of course, but also concentrate on policies that would attract US investment into Egypt. The outcome, they claim, will be domestic social, political and economic reforms in the country and in the region. Annotation ©2004 Book News, Inc., Portland, OR (booknews.com)

Ahmed Galal is executive director and director of research at the Egyptian Center for Economic Studies (ECES) in Cairo. He has also been a staff member of the World Bank since 1984, where he served as industrial economist in Europe, the Middle East, and North Africa; senior then principal economist in the bank's research arm; and economic adviser to the private-sector development department. His works include, among others, Building Bridges: An Egypt-U.S. Free Trade Agreement (Brookings Institution Press, 1998) and Monetary Policy and Exchange Rate Regimes: Options for the Middle East (ECES, 2002).

Robert Z. Lawrence was a senior fellow and also the Albert L. Williams Professor of Trade and Investment at the John F. Kennedy School of Government at Harvard University. He served a s amember of PResident Clinton's Council of Economic Advisers form 1999 to 2000. He hes the New Century Chair as a nonresident senior fellow at the Brookings Institution between 1997 and 1998.