The question is not whether the Sisi regime will last, but the kind of regime that is likely to emerge from Egypt’s economic turmoil.
Supporting Arab autocrats may produce some short-term gains, but at the price of long-term disaster.
Despite a new IMF deal, Egypt’s economy still has a number of structural reforms that need to be dealt with.
Egypt is in a different league than its neighbors in the Eastern Mediterranean when it comes to oil and gas exploration.
The shortcomings that characterized Egypt’s economy before the 2011 uprising remain in place. Until they are addressed, renewed political volatility remains possible.
Egypt’s economic crisis deprives the regime of the financial and economic resources needed to sustain a solid social base among public sector employees, and hence hinders the consolidation of authoritarian rule.
Incremental practical steps and confidence-building measures offer the best hope for progress toward the creation of a weapons of mass destruction–free zone in the Middle East.
EU and U.S. approaches to reform must be more sophisticated in circumventing the many negative developments and obstacles in today’s MENA region.
Markets largely dictate how the relationship between oil companies and host states will play out, with governments attempting to ensure they receive a ‘fair share’ of petroleum revenues.
For years, there has been debate on the extent to which Islam is compatible with the principles of democracy. Recently, the debate has shifted to a more productive question: when do religious actors decide to support a democratic transition process?