UAE''s $3 bln aid for Egypt "will take time": UAE finmin    Hamada Al-Masry released    MIU administration issues statement addressing the students' demands    Food poisoned Zigazag Uni students released from hospital    Thousands watch murdered anti-Mafia priest beatified in Sicily    Egypt to return taxes collected from Qatar bank deal    Turkey to Supply Egypt With 150 Cleaning Vehicles    Morsi discusses Renaissance Dam in Ethiopia    Canadian Chamber Targets Attracting 100.000 Tourists To Egypt in 2013    Faisal Islamic Bank Of Egypt's Finances Hit EGP 3.3 Bln At End-March    Cairo participates in global protests against Monsanto    Egypt's Railways Sign Contracts With Italy, Germany On Developing 150 Crossings    Barakat will stay – Ahli boss    Bayern Munich, Dortmund fans descend on Wembley for final    Tennis: Djokovic and cold weather threaten Nadal's Paris bid    Art Alert: Renowned pianist Ramzi Yassa to perform with Cairo Symphony Orchestra    Syria regime unleashes artillery barrage on Qusair    In Ethiopia, African Union celebrates 50 years    Google to bankroll, build wireless networks across Africa: WSJ    Egypt's Shura Council discusses controversial judiciary law    Artist Kapoor Draws On Berlin's Dark History In New Show    Japan gov't says unaware of ghosts at PM residence    Cairo Jazz Club brings bands together in El Fusion    ON THIS DAY: The Istanbul miracle    Army seizes 2.5 tonnes of marijuana    Demba Ba out of Senegal sqaud for World Cup qualifiers    UK Security Services Tried To Recruit London Killing Suspect: 'Friend'    IMF's Lagarde Escapes Formal Investigation In French Case    Britain's Muslims Fear Of Reprisal, Extremism Rises After London Attack    I'm a Balotelli fan – Hamdi    Cairo airport delays plans to close at night    The Gazette and the 1952 revolution (299) The revolution and Israel The Czech Arms Deal (3) Earlier approaches    Egypt's Morsi Wants Arrest Of Sinai Kidnappers After Hostages Released    Egypt: Chaos And Suspicion In A Cairo Mortuary    Research collaboration with Russia    Green Eagles Ultras protest in Port Said, tension at security directorate    Overdue ending of power cuts    Egypt Court Sentences Four Men To Hang For Killing Priest    Haniyeh To Egypt: Reconsider Peace Deal With Israel    Three Egyptian women murdered in "honor killing"    Leonardo DiCaprio Space Flight Auctioned for $1.5 Million    A calm state in Tahrir Square before demonstrations    Ultras White Knights leader released on bail    Politics with a smile    Local Roundup: Zamalek and Ghazl El-Mahalla qualify to second round in Egyptian Cup    ‘I don't like cricket... I love it!'    Coin smugglers foiled at Cairo Airport    PROGRAMME: Four Countries – Four Movies, screening in Cairo    

Articles of the author Amr Adly
The mills of God grind slowly but surely
A few days ago, the pro-Muslim Brotherhood prosecutor general pressed charges against a number of iconic youth revolutionary figures. The allegations were related to the recent clashes that took place near the Brotherhood's headquarters in Cairo. For many, it became clear that the country's new (...)

05 - 04 - 2013
Egypt''s economy: From crisis to crash
Since February 2011, Egyptian authorities have designed their fiscal, monetary and exchange rate policies for the sole purpose of preventing the gradual rise of prices for the broad base of Egyptians, in particular, the urban poor and the lower-middle classes. Their bet was on the quick (...)

26 - 03 - 2013
What is Egypt''s politics all about?
It has already become clear that Egypt's revolution has deep socioeconomic roots that cannot be quelled through the establishment of a formal or procedural democracy. Even though the country has an elected president, a Constitution and a Parliament (and will soon have an additional one), the state (...)

13 - 03 - 2013
Egypt''s conservative democracy
“The transitional period is officially over,” President Mohamed Morsy said following the ratification of the country's first post-revolutionary Constitution. Indeed, the country seems to have ticked all of the boxes of political transition. On the one hand, an elite pact was struck between the (...)

27 - 02 - 2013
Why the pound devaluation now?
The long-expected devaluation of the Egyptian pound is finally taking place. The pound has undergone its greatest devaluation against the US dollar since the 25 January revolution, falling from LE5.90 to about LE6.60 in a little over a month. In this context, the pound has hit a historical low (...)

15 - 01 - 2013
Is it collective suicide?
Most observers have been paying close attention to the exciting dynamics of Egypt's ongoing political crisis, which unfolded following the president's constitutional declaration last month. The Muslim Brotherhood seemed anxious to finish the transitional period at any cost. The short-lived (...)

17 - 12 - 2012
The Cabinet''s lost bet on foreign capital
The Cabinet's plans for economic recovery seem to revolve solely around one theme: the attraction of foreign capital inflows. The official discourse diagnoses the country's economic ordeal in terms of low growth rates, dwindling foreign reserves and low rates of investment, be it domestic or (...)

08 - 11 - 2012
Morsy''s Greek tragedy
Egypt currently suffers from a number of interrelated economic problems: an ever-widening budget deficit, swarming public debt and alarmingly dwindling foreign reserves. All three threaten the economy with deeper recession and higher unemployment. Even though these problems came to the fore (...)

19 - 10 - 2012
Egypt''s withering paternalism and the future of its political economy
The 25 January revolution can be considered the final showdown of the Nasserist socio-political order, which has been slowly decaying since the 1967 defeat. Nasserism was based on a paternalistic authoritarian state where political rights were sacrificed for social and economic ones. The collapse (...)

07 - 10 - 2012
The IMF loan to Egypt: Right answers, wrong questions
The government claims that the IMF has no conditionality clauses linked to its prospective $4.8 billion loan. But what it fails to say is that its entire programme, which it authors, is subject to IMF approval The government is said to be negotiating the biggest IMF loan ever in Egypt's history, (...)

06 - 09 - 2012
SCAF strikes from the legal trenches
Days after the breakout of the 25 January revolt and before the ouster of Hosni Mubarak, his chief spy, Omar Suleiman, proposed a long and detailed legalistic plan to solve Egypt's political impasse. Suleiman was planning to buy time until Mubarak's official term expired in six months. The proposal (...)

23 - 06 - 2012
Why the World Bank and NGOs have failed to bring development
A few days ago, I was invited to a meeting for the World Bank's office in Cairo to discuss a document outlining its transitional strategy for development in Egypt. This document supposedly reflects the World Bank's priorities in financing the different developmental projects in Egypt. It is usually (...)

21 - 02 - 2012
Audit and cancel Egypt''s debt
On 31 October, a group of researchers, activists and civil society organizations will launch the Egyptian Debt Audit and Cancellation Campaign in coordination with international actions in Europe and Latin America. The main goal of the campaign is to audit and cancel Egypt's foreign debt that was (...)

28 - 10 - 2011
Abu-Zaid revisited as Egypt democratizes
On 5 July 2010, Nasr Hamed Abu-Zaid passed away. The renowned thinker and reformer had left behind a complex body of work critiquing Islamic heritage and discourse. His writings are even more relevant today, as Arab societies embark on political reform without having undergone religious reform. (...)

08 - 07 - 2011
Foreign capital inflows: The lingering contention
The recent decision to reject the loan deal offered by the International Monetary Fund has been received with much relief by the Egyptian public. Many economists and politicians voiced concerns about the impact of conditionality on Egypt's independence at a critical moment of democratization. Other (...)

04 - 07 - 2011
Is the economy on the brink of collapse?
Is the Egyptian economy on the brink of collapse? In recent weeks, a great many media reports and official statements have responded to this question affirmatively. For instance, a well-known presenter on a private channel several weeks ago held that the Egyptian economy will go bankrupt in three (...)

22 - 05 - 2011
Democracy vs liberalism
Is Egypt heading towards some form of liberal democracy? More importantly, does democracy always imply liberalism, with free and fair elections, the right to political expression and association and the rotation of power? According to German philosopher Carl Schmidt, democracy can never be liberal. (...)

25 - 03 - 2011
The undemocratic basis of democracy
Freedom has been on the top of the demands raised by the 25 January revolutionaries in Egypt. Following Hosni Mubarak's ouster, many are hopeful that a democratic system will emerge that respects human rights and civil and political liberties. However, some of those same people have little (...)

15 - 03 - 2011
The last of the Sultans
More than two centuries ago, Thomas Paine held the French revolution to have put an end to a medieval form of governing. According to Paine, medieval governments were based on conquest rather than representation of the people's will. European monarchs of the 18th century were the descendants of (...)

23 - 02 - 2011
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