Snapshot – Follow the Money to the Truth about Al-Sisi’s Egypt

Source: Project on Middle East Democracy

Author(s): Robert Springborg

Original Link:

All governments must obtain resources if they are to function. They differ according to the amount, sources, and types of resources they extract. Egypt under President Abdel Fattah al-Sisi is unusual, if not unique, in that the political economy model it has adopted requires resources remarkably disproportionate to the economy’s ability to provide them. Al-Sisi’s government acts as if it were presiding over a rentier state financed by hydrocarbon exports such as Saudi Arabia or over an authoritarian mercantile state benefitting from a sustained, favorable balance of trade fueled by expanding manufactured exports, like China.

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