ROLE OF ECONOMIC COURTS IN ACHIEVING SUSTAINABLE DEVELOPMENT IN EGYPT AN ANALYTICAL STUDY

Document Type : Researches

Authors

1 Dept. Admin., Legal and Environ. Econ. Sci., Inst. Environ. Studies, Arish Univ., Egypt.

2 Dept. Econ. and Financial Legislation, Fac. Laws, Aswan Univ., Egypt.

3 Fac. Commerce, Arish Univ., Egypt.

4 Dept. Econ. and Rural Develop., Fac. Environ. Agric. Sci., Arish Univ., Egypt.

Abstract

The study aims to analyze the investment environment in Egypt, by diagnosing and evaluating the investment situation, and through international indicators that attract foreign investment, in addition to the importance of economic courts in encouraging investment. Although Egypt enjoys competitive and relative advantages compared to its counterparts in developing countries, it always seeks to expand the legislative structure of investment laws and incentives. Some factors stand in the way of the continued entry of these investments, and therefore these investments have been exposed to waves of decline. Thus, the study investigates the most important economic and legal determinants of attracting foreign direct investment. The study relies on the following approaches: inductive approach and deductive approach. The study reached through the environmental quadrant analysis of a sample of the private public interested in this national issue and of followers with thoughts and opinions on this topic. This law will lead to raising the efficiency of the judiciary in Egypt, thus encouraging the economy, increasing investment, and the state taking over dealing with the Ministry of Technology with the Ministry of Communications and Information Technology in digitizing economic courts considering the state's orientations towards sustainable development. Knowledge of the law according to the nature of their work amounted to about 75%, followed by knowledge from various media outlets, which represented about 15.6%, while knowledge of some people through their sources was estimated at 9.4%.

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