Category Archives: Egypt Economy

Muddling through, Egyptian Style!


If we step back to reflect on Egypt’s post-revolution transition… We should not be surprised to find how messy it is.  It is actually happening Egyptian style: We will take all the wrong exits, open the wrong doors, make a … Continue reading

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Now, It’s Time to Deliver!


The new MB regime is facing significant economic challenges. The survival of their regime is contingent on their ability to perform economically over the next 6-12 months and to avert an economic crisis that would challenge their political dominance. Continue reading

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The Tragedy of the Brotherhood


The tragedy of the Brotherhood is, not only that they failed to gain power or even legitimacy in over a century, but also that they failed to stand up to their principles and values, when they had the chance to do so. Continue reading

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A Revolution Struggling


14 months later, it seems that the Egyptian revolution is struggling at best, dead at worst. The counter revolution, led by the different elements of the previous regime (most of them still in power), is gaining ground. In this analysis, I’m not trying to be optimistic or pessimistic, but rather to reflect on what happened, and why we got to this point, which may help us all as we think of what is next. Continue reading

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Re-establishing a Regime vs. Revolution 2.0


In the middle of all the political turmoil and ambiguity, two opposing undercurrents are slowly building up: on the one hand, the previous regime is rebuilding its power and institutions; on the other hand, a mix of political frustration and economically-motivated strikes and protests may bring a second wave of the revolution, mostly directed at the SCAF. And in the background, the context for these two undercurrents is a continuing political ambiguity, and a looming economic collapse. Can we navigate these undercurrents peacefully towards a stable prosperous democratic state? Continue reading

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It’s All About Jobs


As the political debate goes on, the other priority that will matters most over the next six months is the economy, specifically, jobs. Continue reading

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The Economic Cost of Authoritarianism


For three decades, Mubarak made a strong argument that political reforms need to come after economic reforms. He argued that people care about making a living – food, shelter, jobs, education and healthcare – rather than political freedoms. And to reform the economy we need “stability,” as opposed to the chaos that comes with a democratic process. Yet every day that passes shows how flawed this argument is: we are losing both, out political freedoms and our economic livelihood. Why? Continue reading

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