Mixed Signals Derail Investor Confidence in Egypt's Economy

{
  "authors": [
    "Ibrahim Saif"
  ],
  "type": "legacyinthemedia",
  "centerAffiliationAll": "",
  "centers": [
    "Carnegie Endowment for International Peace",
    "Malcolm H. Kerr Carnegie Middle East Center"
  ],
  "collections": [],
  "englishNewsletterAll": "",
  "nonEnglishNewsletterAll": "",
  "primaryCenter": "Malcolm H. Kerr Carnegie Middle East Center",
  "programAffiliation": "",
  "programs": [],
  "projects": [],
  "regions": [
    "Egypt"
  ],
  "topics": [
    "Political Reform",
    "Economy"
  ]
}

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.

Read Full Text

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.

More Work from Carnegie Russia Eurasia Center

Commentary
Carnegie Politika
Russia Is Approaching a Political Crossroads
Two divergent trends—Putin’s hardline vision of how to prosecute the war in Ukraine, and a growing desire for change in Russia—could tear the regime apart.
Tatiana Stanovaya
Commentary
Carnegie Politika
Control Above Reform: What’s Behind Ukraine’s Government and Security Reshuffle?
Ultimately, Zelensky sided neither with the reform camp nor with the military establishment as such, but with political control.
Balázs Jarábik
Commentary
Carnegie Politika
Where Are President Tokayev’s Political Reforms Leading Kazakhstan?
Tokayev’s predecessor, Nursultan Nazarbayev, outlined arrangements for a power transition too soon and in too much detail, ultimately losing control over the process. Tokayev is determined not to meet the same fate.
Temur Umarov
Commentary
Carnegie Politika
Parliamentary Elections in Occupied Ukraine Risk Backfiring for the Kremlin
Despite unhappiness on the ground, Moscow is determined to use both carrot and stick to ensure there is record support for United Russia in occupied Ukraine.
Konstantin Skorkin
Commentary
Carnegie Politika
Moldova’s Ruling Party PAS Must Graduate From Crisis Management to State Governance
Whether PAS can refocus on the unfinished business of state-building may ultimately prove more consequential for Moldova’s European future than the pace of its accession negotiations.
Balázs Jarábik

More Work from Carnegie Russia Eurasia Center

Commentary

Carnegie Politika

Russia Is Approaching a Political Crossroads

Two divergent trends—Putin’s hardline vision of how to prosecute the war in Ukraine, and a growing desire for change in Russia—could tear the regime apart.

Tatiana Stanovaya

Commentary

Carnegie Politika

Control Above Reform: What’s Behind Ukraine’s Government and Security Reshuffle?

Ultimately, Zelensky sided neither with the reform camp nor with the military establishment as such, but with political control.

Balázs Jarábik

Commentary

Carnegie Politika

Where Are President Tokayev’s Political Reforms Leading Kazakhstan?

Tokayev’s predecessor, Nursultan Nazarbayev, outlined arrangements for a power transition too soon and in too much detail, ultimately losing control over the process. Tokayev is determined not to meet the same fate.

Temur Umarov

Commentary

Carnegie Politika

Parliamentary Elections in Occupied Ukraine Risk Backfiring for the Kremlin

Despite unhappiness on the ground, Moscow is determined to use both carrot and stick to ensure there is record support for United Russia in occupied Ukraine.

Konstantin Skorkin

Commentary

Carnegie Politika

Moldova’s Ruling Party PAS Must Graduate From Crisis Management to State Governance

Whether PAS can refocus on the unfinished business of state-building may ultimately prove more consequential for Moldova’s European future than the pace of its accession negotiations.

Balázs Jarábik