Marc Schiffbauer

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Marc Schiffbauer

Economy Expert Marc Schiffbauer

January 29, 2018 23:45 pm

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Working Paper- Private Banking and Crony Capitalism in Egypt

2016 Economic Research Forum Economy Egypt Ishac Diwan Marc Schiffbauer Paper

December 01, 2016 03:44 am

Source: Economic Research Forum Author(s): Ishac Diwan, Marc Schiffbauer Original Link: http://erf.org.eg/publications/private-banking-and-crony-capitalism-in-egypt/ Abstract: In Egypt, the bulk of bank loans during 2003-2010 went to politically connected firms. At the same time, the banking sector was liberalized increasingly operated around competitive and profit-maximizing principles. A key...

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