In a nutshell
Government efforts to reduce the chronic unemployment problem in the Arab world would benefit from focusing on supporting new/young firms that are medium to large-sized with existing investments in R&D. If these private firms are to benefit from government support (such as tax breaks, subsidies, credit facilitation, depreciation acceleration, and other forms of support), we should expect a higher policy impact on reducing unemployment in the region.
Research Fellows
Hassan Aly
Dean, Business School, Nile University