Economic Recovery in Egypt Won’t Guarantee Political Stability

Source: Carnegie Endowment
Author(s): Amr Adly

Original Link:

Since Egyptian President Abdel Fattah el-Sisi took power in June 2014, his military-backed regime has spared no effort in trying to secure a quick economic recovery after four years of low growth rates, soaring unemployment, widening budget deficits, and dwindling foreign reserves.

By mid-2015, there were signs that those efforts were beginning to bear fruit. But economic recovery has become a highly politicized topic in Egypt, with both the regime’s supporters and its critics arguing that the country’s economic health will determine its political future…

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