Recent Official Figures Suggest That 32 Percent of Egyptians Live in Poverty. What Are the Likely Impacts of This?

Source: Carnegie Author(s): Michael Young, Osama Diab, Beesan Kassab, Amr Adly, Sherif Mohyeldeen Original Link: https://carnegie-mec.org/diwan/79687 A regular survey of experts on matters relating to Middle Eastern and North African politics and security. Read more at original link

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The IMF is neither the problem nor the solution

Source: Madamasr Author(s): Amr Adly Original Link: https://www.madamasr.com/en/2017/05/11/opinion/u/the-imf-is-neither-the-problem-nor-the-solution/ The International Monetary Fund (IMF) and World Bank were established post-Second World War, in 1944, to prevent a recurrence of the Great Depression and establish balances in the international economic system. The IMF aimed to remedy deficits in...

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The IMF as knee surgeon on a cancerous patient

Source: Madamasr Author(s): Amr Adly Original Link: https://www.madamasr.com/en/2017/03/20/opinion/u/the-imf-as-knee-surgeon-on-a-cancerous-patient/ The International Monetary Fund states that its main mission is to help resolve temporary disruptions to the economic balance of members states, including interventions in the general budget, trade policies and other matters related to financial...

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Too Big to Fail: Egypt’s Large Enterprises After the 2011 Uprising

Source: Carnegie Endowment Author(s): Amr Adly Original Link: http://carnegie-mec.org/2017/03/02/too-big-to-fail-egypt-s-large-enterprises-after-2011-uprising-pub-68154 Large private enterprises are vital to Egypt’s economy and stability. After the 2011 uprising, they lost political sway due to their ties to the regime of former president Hosni Mubarak. However, Egypt’s economic crisis pushed...

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Rescuing the Sinking Ship

Source: Carnegie Endowment Author(s): Amr Adly Original Link: http://carnegie-mec.org/2016/08/22/rescuing-sinking-ship-pub-64396 Just last week, the Egyptian government and a delegation of the International Monetary Fund (IMF) reached a staff-level agreement about a 12 billion US-dollar loan package. Egypt hopes to restore confidence in its crippled economy and attract more investors. But is...

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Egypt’s Oil Dependency and Political Discontent

Source: Carnegie Endowment Author(s): Amr Adly Original Link: http://carnegie-mec.org/2016/08/02/egypt-s-oil-dependency-and-political-discontent-pub-64224 Snapshot: More than five years after the overthrow of then president Hosni Mubarak, the structural shortcomings that characterized the Egyptian economy before the January 2011 uprising remain in place. At the time, these contributed to the...

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Egypt’s Regime Faces an Authoritarian Catch-22

Source: Carnegie Endowment Author(s): Amr Adly Original Link: http://carnegie-mec.org/2016/07/21/egypt-s-regime-faces-authoritarian-catch-22-pub-64135 The regime of Egyptian President Abdel Fattah el-Sisi is stuck between a rock and a hard place. The country’s current economic crisis deprives the regime of the financial and economic resources needed to sustain a solid social base among public...

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Objective notes on Hesham Geneina’s corruption report

Source: Madamasr Author(s): Amr Adly Original Link: https://www.madamasr.com/en/2016/07/12/opinion/economy/objective-notes-on-hesham-geneinas-corruption-report/ A report on corruption by the Central Auditing Authority stirred deep controversy in Egypt and led to the dismissal of its president, Hesham Geneina, and his prosecution in June on the charge of spreading false news. With the...

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Youth unemployment and the ‘Egyptian right wing’

Source: Madamasr Author(s): Amr Adly Original Link: https://www.madamasr.com/en/2016/04/13/opinion/economy/youth-unemployment-and-the-egyptian-right-wing/ I watch the TV program “Hona al-Asema” (Here’s the Capital), which airs on the privately owned CBC and is hosted by anchor Lamis al-Hadidy, on a regular basis. Not only because it offers a more professional level of analysis of the...

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Civil Service Reform in Egypt: Between Efficiency and Social Peace

Source: Carnegie Endowment Author(s): Amr Adly Original Link: http://carnegie-mec.org/2016/03/27/civil-service-reform-in-egypt-between-efficiency-and-social-peace-pub-63442 Since its election in January, the Egyptian Parliament approved with no notable modification more than three hundred legislations that were passed between 2013 and 2015. The only exception made was the “civil service law”...

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Analysis: Egypt economy ‘entered a vicious circle’

Source: Carnegie Endowment Author(s): Amr Adly Original Link: http://carnegie-mec.org/2015/12/10/analysis-egypt-economy-entered-vicious-circle-pub-62252 The Egyptian economy has suffered from a general slowdown since the revolution of January 2011. Political uncertainty, macroeconomic instability and global economic turmoil since the 2008 crisis have all contributed to Egypt’s prolonged...

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