Egypt beyond COVID 19, the best and the worst-case scenarios

Abstract

The Coronavirus SARS-CoV-2 (COVID-19) pandemic caused a global substantial effect whilst affecting local healthcare systems and productive sectors among many others. It was a “wake up call” for the economy (investors), policymakers (governments) and the entire society. Progressively, it became widely obvious there is no “going back to normal” and a new normal will gradually be in place. Many questions were raised in this uncertainty situation including how this new normal will affect productive sectors? How can countries leverage the new realities forced on them by COVID-19 to shape better future plans or to achieve their pre-identified goals efficiently? In the middle of this global chaos, are their opportunities for developing economies? This paper tries to answer these questions with specific emphasis on Egypt using foresighting tools while highlighting the best-case and worst-case scenarios for Egypt in the post-COVID-19 world.