The Reforms Needed to Attract More FDI in Egypt: Lessons from the CEEC Experience

Strengthening a country's attractiveness toward foreign direct investment (FDI) has become a new imperative of economic policy. The achievements of the Central and Eastern European countries in this field appear to be very instructive. Based on a synthesis of empirical and survey literature, as well as on a qualitative comparative analysis of FDI determinants, this paper aims to draw some lessons for Egypt from the experience of Poland, Hungary and the Czech Republic during the 1990s. The study highlights the importance of multi-regional cooperation as the main determinant of the Egyptian FDI attractiveness.