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Amr joined the CCRI in January 2019. He is working on the H2020 projects; SURE-Farm and SUFISA.

Amr’s background is in financial economics, where he worked on the political economy of finance, financial regulations, cooperative economics, and the effect of the financial sector on income and wealth distribution, with experience in developing macroeconomic models and econometric analysis. His current main research interests include rural finance and agricultural productivity, financial markets and distribution, income inequality, and the political economy of the Middle East.

Amr previously worked in microfinance in Egypt and India, where he was involved in designing and evaluating rural finance projects, and worked with a range of stakeholders, including farmers and rural households, government representatives/ministry officials, as well as central bank of Egypt and financial institutions.





Recent Publications


Khafagy, A. (Forthcoming). A Review on the Origin and Rationale for Financial Cooperative Regulation in Developing Countries. Journal of Banking Regulation.

Khafagy, A. (2018). Finance, distribution and the economic objective of financial cooperative institutions. Annals of Public and Cooperative Economics. Early View. pp1-25

Khafagy, A.  (2018). Regulation, supervision and deposit insurance for financial cooperatives: an empirical investigation. Annals of Finance, 14(2), 143–193.

Khafagy, A. (2017). Political institutions and financial cooperative development. Journal of Institutional Economics, 13(2), 467-498.

Khafagy, A.  (2013). Towards reasonably priced microcredit: analysing Egyptian NGO-MFIs' cost structure and financial performance. Enterprise Development and Microfinance, 24(4), 328-345

Khafagy, A. (Forthcoming). Financial cooperative institutions and income inequality: empirical evidence. European Association of Co-operative Banks.

Khafagy, A. (2019). Financial sector reforms and unequal resource allocation in Egypt. Alternative Policy Solutions, American University in Cairo, 2 January 2019.

Khafagy, A. (2019). Cooperative banks for egalitarian wealth and income distribution in Egypt. Alternative Policy Solutions, American University in Cairo's, 8 January 2019