Magazine
Latest Issue

After the fall

First came Egypt's revolution—now for the cuts

By Magda Kandil   May 2013

The economic policies pursued in Egypt by the government of Hosni Mubarak helped to bring about the revolution, in January 2011, that led to his downfall. So what sort of economic development should the present Egyptian government pursue? How can Egypt’s troubled society be healed and enduring growth achieved?

Mubarak’s government set in place market-orientated reforms on privatisation and deregulation, with the intention of bringing growth up towards the 7 per cent range.  There were some economic gains from these alterations, but the trickle-down effect did not happen—the benefits were felt only at the top end of society. Despite the…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

We want to hear what you think about this article. Submit a letter to letters@prospect-magazine.co.uk

More From Prospect