Hanan Morsy - Economic Research Forum (ERF)

Hanan Morsy

Research Fellows

Director of the Research Department, African Development Bank

Areas of Interest:

  • International Finance
  • Macroeconomics and Fiscal Policies
  • Development and Growth


  • Ph.D., Economics, The George Washington University, 2006
  • M.Phil., Economics, The George Washington University, 2000
  • M.A., Economics, University of California, 1999
  • B.A., Economics and Computer Science, The American University in Cairo, 1996


  • Director of the Research Department, African Development Bank – present
  • Lead Economist in Charge of the MENA Region, The European Bank for Reconstruction and Development – London, UK, 2012-2018
  • Senior Economist, The International Monetary Fund – Washington DC, US, 2005-2012

Latest Publications:

  • Growing without changing: a tale of Egypt’s weak productivity growth 2014. EBRD Working Paper No. 172.
  • Mobilizing Transformational Finance for the Arab Transition Countries (with Erik Berglof). Official Monetary and Financial Institutions Forum (OMFIF), 2013.
  • Fiscal Stimulus and Credibility in Emerging Countries (with M. Kandil) 2013. Eastern Economic Journal.
  • Systemic Risk Monitoring Toolkit (with N. Blanche and S Mitra) 2013. IMF WP 13/16.
  • Structural Reforms and Growth: What Works?, 2011. IMF Country Report No. 11/176
  • After the Crisis Assessing the Damage in Italy (with S. Sgherri) 2010. IMF WP 10/244
Working Papers

Access to Finance: Mind the Gender Gap

Studies on financial inclusion have so far focused on assessing determinants to overall access to ... read more

Working Papers

Growing Without Changing: A Tale of Egypt’s Weak Productivity Growth

This paper aims to identify the reasons why economic growth in Egypt, although comparable to ... read more

Working Papers

Current Account Determinants for Oil-Exporting Countries

Abstract The paper aims at characterizing the main determinants of the medium-term current account balance for ... read more


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