Topics
Economics
Consumption ConundrumChristian Déséglise, Delfina Lopez FreijidoThe urban centers of the New Economic Powers are bent on GDP growth to become influential global cities. Yet the Western model being emulated is itself facing serious sustainability challenges. It is necessary to ask whether material possessions and use of natural resources are the best measure of prosperity. Read More
Strengthening Europe’s Role in EgyptNathalie TocciLimited as the EU’s influence may be, creating incentives—such as the ‘more for more’ approach—would offer a series of benchmarks and principles for the Egyptian roadmap, especially in the field of constitution and institution building. On the other hand, maintaining business as usual risks undermining the EU’s credibility. Read More
The Trouble with SanctionsBijan Khajehpour, Reza Marashi, Trita Parsi Sanctions driven by the United States are now devastating Iran’s economy. But until the West lays out a detailed vision for normal relations with Iran, punitive measures may increase the risk of war. Read More
Back from the BrinkTarek SelimEgypt’s economy is sinking under decades of misrule. Achieving a better future requires a transformation. Here’s the problem and how to fix it. Read More
East and WestNabil FahmyWhile the consequences of Asia’s rise have been exhaustively analyzed in the global context, relatively few have questioned the effect of a rising East on the rapid transformation of the countries of the Middle East. Read More
The Brotherhood’s Compassionate ConservatismMax Strasser Out of economic necessity, Morsi will likely sign a deal with the International Monetary Fund. But the incoming loan will be accompanied by a set of fiscal conditionality that could make the already precarious president and his Freedom and Justice Party even less popular. Read More
No Jobs and Bad Jobs Ghada Barsoum Legions of young Egyptians are unemployed. Many eventually find work but in an informal labor sector that deprives them of social security and other benefits. The economic frustrations of a new generation pose a serious threat to Egypt’s democratic transition. Read More
That Used to Be UsTarek SelimTarek Selim wonders how the U.S. can catch up with ChinaRead More
Islamists and the IMFFarah Halime Is the International Monetary Fund loan permissible under Islamic law? Egypt’s Islamist movements have signaled that this is the case and have gone out of their way to endorse the $4.8 billion package despite more than a year of lobbying that aimed to do the opposite.
Read More
Seznec on the New Silk Road Fritz Lodge There is a new Silk Road quietly emerging that connects the booming economies of East Asia with the oil-rich Gulf states of the Arab Peninsula and, through them, European markets accessible just across the Suez canal.Read More
Boomerang: Travels in the New Third WorldHassan YassinHassan Yassin reflects on the recklessness behind the global
economic crisis Read More
Africa, Famine and SolutionsMadeline B. WelshIn the quest for solutions, here’s a deceptively simple idea: provide Africans with better business education.Read More
Egypt’s Economic OutlookAnne W. PattersonEgyptians today are engaged in a vigorous discussion over the political future of the country. This is a healthy and vitally important debate, and I am confident that it will result in a democratic Egypt that protects human rights and helps address its citizens’ needs. However, we know from experience that successful democratic transitions not only rely on political reform, but also depend on broadening economic opportunity.Read More
An Emerging New World OrderPravin GordhanHow the rise of developing economies–exemplified by BRICS–
is changing the old way of doing business
Read More
A Woman’s BusinessMadeline B. WelshWomen in the Middle East and North Africa region (MENA) are making appreciable strides in social development. They now outnumber men attending universities in most Arab countries. Disparities in literacy and enrollment in primary and secondary education have fallen dramatically in the last few decades. The impact of these changes can be seen in the labor market as well. As a result of better educational opportunities and growing economies, employment for women has been rising at a faster rate than for men.Read More
AftershockJoshua Cooper RamoAftershock: The Next Economy and America’s Future. By Robert Reich. Alfred A. Knopf, 2011. 192 pp. Read More