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December 2, 2013
TOPICS
ECONOMICS
CONSUMPTION CONUNDRUM
Christian Déséglise, Delfina Lopez Freijido
The 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 EGYPT
Nathalie Tocci
Limited 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 SANCTIONS
Bijan 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
ORIENTAL HALL, ETC.
Pesha Magid, Erin McDonough
READ MORE
BACK FROM THE BRINK
Tarek Selim
Egypt’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 WEST
Nabil Fahmy
While 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 CONSERVATISM
Max 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 US
Tarek Selim
Tarek Selim wonders how the U.S. can catch up with ChinaREAD MORE
ISLAMISTS AND THE IMF
Farah 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 WORLD
Hassan Yassin
Hassan Yassin reflects on the recklessness behind the global economic crisis READ MORE
AFRICA, FAMINE AND SOLUTIONS
Madeline B. Welsh
In the quest for solutions, here’s a deceptively simple idea: provide Africans with better business education.READ MORE
EGYPT’S ECONOMIC OUTLOOK
Anne W. Patterson
Egyptians 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 ORDER
Pravin Gordhan
How the rise of developing economies–exemplified by BRICS– is changing the old way of doing business READ MORE
A WOMAN’S BUSINESS
Madeline B. Welsh
Women 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
AFTERSHOCK
Joshua Cooper Ramo
Aftershock: The Next Economy and America’s Future. By Robert Reich. Alfred A. Knopf, 2011. 192 pp. READ MORE
Egypt’s Al-Azhar Steps Forward
Egyptians Love Their Country, Hate Their Government
Cairo: Megacity Without a Mayor
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