Egypt

Egypt is facing an unprecedented 'youth bulge' with approximately 60 percent of the population below the age of 30 and more unemployed youth being added every year to... Show More + the labor force. However, the current youth bulge has not been fully seized as an opportunity for the country's development. Rather, it has resulted in numerous challenges, namely resource constraints to accessing education and employment opportunities for younger generations. As a result, such hardships are eroding the quality of life for families who are vulnerable to the deteriorating poverty situation and uneven growth distribution. Overall, the Egypt job readiness and job placement for marginalized youth project will create a strong impetus for youth entrepreneurship and job creation among marginalized youth and will reduce the risk of emigration to cities and abroad. The integrated monitoring and evaluation mechanisms in the design of the project will allow for a better understanding of the pros and cons of this approach throughout implementation, while providing a solid ground for post-project evaluation and potential for nation-wide replication. Show Less -

One tool for enhancing economic growth is a simple property registration process. Many developed countries, and countries on their way toward development, have simple,... Show More + inexpensive, and fast property registration processes. The benefit of such a tool is driven by this thinking: low property registration fees encourage every property holder to receive a formal title. The poor especially will benefit, because they can use their property as collateral, start doing business, and achieve some of their dreams. Recognizing the importance of property registration to the ease of doing business, the Egyptian ministry of investment spotted a relevant reform. A reform strategy was immediately set up. Two problem areas were identified: the cost and quality of procedures to register a property. In Cairo one year ago, registering a property would cost on average 5.9 percent of its value, causing 90 percent of property to be either unregistered or registered at underestimated values. Show Less -