Source: Carnegie Author(s): George T. Abed Original Link: https://carnegie-mec.org/2020/10/26/egyptian-economy-in-clutches-of-deep-state-pub-83027 The successful completion of Egypt’s 2016 IMF program is superficial, hiding poor economic growth relative to emerging market peers and an economy burdened by a military-led public sector. Read more at original link
Learn MoreSource: Carnegie Author(s): Shana Marshall Original Link: https://carnegie-mec.org/2020/10/26/egypt-s-emerging-ruling-class-pub-83025 The Egyptian military’s capture of state resources under President Abdel Fattah el-Sisi depends on a poorly run state and the visible corruption of the former regime, auguring a new ruling class of military officers. Read more at original link
Learn MoreSource: Carnegie Author(s): Bessma Momani Original Link: https://carnegie-mec.org/2020/10/26/chronic-underperformance-of-egypt-s-military-economy-pub-83013 The Egyptian military’s involvement in the economy has come at a high cost, contributing to underperformance in development. Read more at original link
Learn MoreSource: Carnegie Author(s): Yezid Sayigh Original Link: https://carnegie-mec.org/2020/10/26/egypt-s-military-as-spearhead-of-state-capitalism-pub-83010 President Abdel Fattah el-Sisi has reinvigorated state capitalism in Egypt through military-led real estate development, industrial hubs, extractive activities, private sector encroachment, and using private investment to recapitalize the...
Learn MoreSource: Arab Center Washington DC Author(s): Khalil al-Anani Original Link: http://arabcenterdc.org/policy_analyses/protests-of-the-poor-in-egypt-causes-implications/ On September 20th, a series of anti-government demonstrations broke out in a number of Egyptian governorates and villages protesting the social and economic conditions of the country. These demonstrations coincided with the first...
Learn MoreSource: The Tahrir Institute for Middle East Policy Author(s): Timothy E. Kaldas Original Link: https://timep.org/commentary/analysis/when-private-isnt-private-the-blurred-lines-of-regime-owned-enterprises-in-egypt/ Once again, Egypt has received financing from the IMF, and once again the IMF has pledged that funding will contribute to a reform program designed to lead to inclusive private...
Learn MoreSource: Middle East Institute Author(s): Mirette F. Mabrouk, Samer Atallah, Sherif Kamel, Sarah El Battouty, Deborah Lehr, Yasser Elnaggar, Abla Abdel-Latif Original Link: https://www.mei.edu/publications/rethinking-egypts-economy Egypt is not alone in having been knocked into a pit by the fallout from the COVID-19 pandemic, but it will have to dig itself out on its own. However, if Egypt is...
Learn MoreSource: Middle East Institute Author(s): Hisham Fahmy Original Link: https://www.mei.edu/publications/will-lights-stay-egypt In the blistering summer of 2014, Egyptians were facing spontaneous electricity blackouts for up to six hours a day, waiting hours in gas station lines often long enough to stretch across entire neighborhoods, and enduring hundreds of terrorist attacks...
Learn MoreSource: Egyptian Institute for Studies Author(s): Asmaa Shokr Original Link: https://en.eipss-eg.org/egypt-a-reading-of-the-galabiya-protests/ The public opinion, both at home and abroad, has recently been preoccupied with the Egyptian issue after a whole week of the demonstrations that erupted in several Egyptian governorates and villages, demanding the departure of Sisi and his regime, due...
Learn MoreSource: Egyptian Institute for Studies Author(s): Mamdouh Al-Wali Original Link: https://en.eipss-eg.org/economic-fallacies-in-statements-of-egyptian-officials/ Egyptian government officials have taken advantage of the regime’s one-voice media to disseminate economic data that are far from reality. Unfortunately, none of the economists is allowed to respond to these false statements via...
Learn MoreSource: Italian Institute for International Political Studies Author(s): Timothy E. Kaldas Original Link: https://www.ispionline.it/en/pubblicazione/road-instability-impact-covid-19-egyptian-economy-27495 As in many parts of the world, COVID-19 has brought into sharper relief the structural problems in Egypt’s economy. In many respects, these problems are far from new. Egypt’s economy has had...
Learn MoreSource: Italian Institute for International Political Studies Author(s): Michaël Tanchum Original Link: https://www.ispionline.it/en/pubblicazione/egypts-prospects-energy-export-hub-across-three-continents-27408 Egypt is on the threshold of becoming a natural gas and electricity export hub, a development which, if it materializes, carries the potential to radically reconfigure the pattern of...
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