Carnegie Endowment for International Peace
Under the presidency of Abdel Fattah el-Sisi, civil-military relations remain imbalanced: but paradoxically, the overwhelming role of the military, also as economic player, combines with the subtle narrowing of the military as cohesive entity.
Pouring money into health infrastructure will have little effect if qualified doctors have few incentives to stay.
The Egyptian military’s involvement in the economy has come at a high cost, contributing to underperformance in development and auguring a new ruling class of military officers.
Armed forces in power and in business will be hard-pressed to implement the complex and painful economic reforms needed to stimulate growth.
The Egyptian military’s involvement in the economy has come at a high cost, contributing to underperformance in development.
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 public sector.
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.
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.
The event will feature remarks by William J. Burns, Ann Kerr, and Maha Yahya, followed by a conversation between Jihad Azour, Marwan Muasher, Ben Rhodes, and Christiane Amanpour looking toward the ten-year anniversary of the Arab Spring.
Congress should lead the reorientation of assistance policies towards Egypt as well as urge administration engagement with the International Monetary Fund (IMF) in order to promote more constructive outcomes.
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