US Secretary of State John Kerry is scheduled to visit Egypt on Sunday. This comes as part of broader American diplomatic efforts to coordinate the fight against terrorism in the Middle East with regional allies. It also comes in the aftermath of (...)
Throughout the past several months, followers of news of Egypt's recent fiscal policies have debated which tax policy would most effectively finance Egypt's budget. The debate depicts two main contentions: The first contention advocates adopting a (...)
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 (...)
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 (...)
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 (...)
“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 (...)
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 (...)
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 (...)
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 (...)
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. (...)
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 (...)
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 (...)
On 3 January 2012, the Supreme Council of the Armed Forces (SCAF) issued the Al-Azhar law.
Promulgated a couple of weeks before the first sitting of the post-revolution parliament, an assembly now disbanded, the lawgranted Cairo's prestigious (...)
Almost a month has passed since President Mohamed Morsi was sworn in. Little has been delivered so far of the programme for his first hundred days in office.
The cabinet has not officially been formed. The new president seems to have accepted the (...)
History in Egypt appears to be repeating itself, but with different players. Not 1952, but the 1920s, where Al-Wafd was outmanoeuvred, despite its democratic successes, by the monarchy and the British army
Almost a week after being sworn in, the (...)
Technocratic policymaking has been the unspoken hallmark of authoritarianism in Egypt, excising politics from the public sphere. After the revolution, politicians cannot — and should not — escape accountability
A week has passed since the official (...)
The Muslim Brotherhood have often invoked the Turkish experience under the Justice and Development Party as their model. They point to Turkey as a successful case of reconciling Islam with capitalism, democracy and pro-western policies. Moreover, it (...)
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 (...)
Following the ouster of Hosni Mubarak, Egypt's chances of undergoing meaningful democratisation considerably depend on the restructuring of the state bureaucracy. A functioning democratic system requires an autonomous, professional and accountable (...)
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 (...)
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 (...)
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 (...)
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 (...)
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 (...)
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 (...)