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This paper examines whether political connections ease financial constraints faced by firms. Using firm-level data from six Central and Eastern European economies, the paper shows that politically connected firms: (i) have high levels of leverage, (ii) have low levels of profitability, (iii) are...
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-rival their competitors by lobbying for privileges instead of innovating. In the aggregate, these policy privileges reduce Egypt … activities. The analysis is based on novel establishment survey data from The Arab Republic of Egypt which provides information …
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Arab Republic of Egypt. The paper examines empirically the relationship between the development of the financial sector and … economic growth in Egypt between 1980 and 2016. It draws comparisons based on critical financial indicators between Egypt and … financial development, to assess the relationship between financial development and economic growth in Egypt, yields three …
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