Mixed Signals Derail Investor Confidence in Egypt's Economy

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In The Media

Malcolm H. Kerr Carnegie Middle East Center

Mixed Signals Derail Investor Confidence in Egypt's Economy

The Egyptian government must avoid inconsistent policies and adopt a clear economic vision in order to steer the country out of a long and dark tunnel.

By Ibrahim Saif

Published on Jan 18, 2013

Source: National

The Egyptian economy seems stuck in a long, dark tunnel, with little hope of rescue by the country's political and economic actors. The closing weeks of 2012 demonstrated just how bad the situation has become, with politicians burying their heads in the sand, insisting that "circumstances" were not as bad as they appeared.

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This article was originally published in the National.

About the Author

Ibrahim Saif

Former Senior Associate, Middle East Center

Saif is an economist specializing in the political economy of the Middle East. His research focuses on international trade and structural adjustment programs in developing countries, with emphasis on Jordan and the Middle East.

Recent Work

Paper
The Private Sector in Postrevolution Egypt
- Ibrahim Saif, Ahmed Ghoneim
Paper
The Economic Agenda of the Islamist Parties
- Ibrahim Saif, Muhammad Abu Rumman

Political Reform Economy Egypt

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

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