-
The Public Sector and the Prospects for Real Economic Growth in Egypt
Throughout its contemporary history, Egypt has adopted different economic policies. Today, as the current government aims to achieve sustainable economic growth, an insightful analysis is required to highlight the main factors hindering Egypt’s prospects for success in achieving this aimand to recommend a better approach to be adopted in the […]
Author Archive
-
An Elderly Woman’s Incredible Story from Troubled Cairo
“I don’t know if she is a real human being or an angel, because human beings can’t and don’t live like this,” said a friend of mine while narrating the story of the 72-year-old Salwa, a poor, almost-blind Egyptian woman whom he met on his way home. After work, he […]
-
Egypt’s June 30: A Military Coup or a Revival of Dreams?
The events recently witnessed in Egypt have clearly stirred a huge wave of controversy on the international front. International political analysts and politicians are now divided in their views; while some perceive the ousting of president Morsi as a great achievement, others view it as a “military coup” and a […]
-
An IMF Loan: The Only Real Cure for Egypt’s Ailing Economy
Despite a recent rise in its foreign reserves, Egypt is clearly suffering from an economic crisis as evidenced in its spiralling budget deficit that has now reached around 12% of GDP. As political instability continues, the crisis persists while the government seeks to stem it by taking loans from various […]
-
The Implications of Economic Liberalization for Egypt
No state in today’s world can escape globalization. The socialist policies adopted by former Egyptian president Nasser in the 1960s might have been suitable for his time. However, the present international system requires the removal of all trade barriers between states. In Egypt, some intellectuals are criticizing Egypt for taking […]