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The Egypt model

IN his book, Ruling Oneself Out, sociologist Ivan Ermakoff makes an important distinction between ‘surrender’ and ‘abdication’. Surrender refers to an unwilling decision imposed because of external constraints, such as a…

Egypt: not a good model to emulate

Increasingly, the hope of economic recovery in Pakistan is becoming hinged on the government influenced investment by Middle Eastern countries; and authorities are drawing parallels to Egypt where the excitement…

Lessons from Egypt’s IMF deal

Like many nations burdened by debt, Egypt once again found itself navigating a storm of economic challenges, a scenario all too familiar to Pakistan. With an external debt-to-GDP ratio breaching…

Egypt dims lights to boost foreign reserves

An economic crisis spurred by the Ukraine war is casting darkness upon Egypt’s streets, as the government dims lights to free up energy for export and bolster hard currency reserves.…

Egypt Faces Uphill Battle Against Corruption

Egypt faces uphill battle against corruption

When Egyptian real estate developer Hassan tried building an apartment block without paying bribes, officials stalled the project, going so far as to suggest there were ancient relics beneath the…