Egypt’s Democratic Transition: Five Important Myths About the Economy and International Assistance

Egypt is of vital strategic importance to the entire region. The following report represents an independent assessment of some of the challenges Egyptians face today.

The report focuses on the economy and the question of international assistance. If political reform is to succeed, Egypt’s new leadership will have to deliver on the economic front.

Five Important Myths About the Economy and International Assistance

Myth No. 1: Egypt’s Economy is a Basket Case.
Myth No. 2: It is Time to concentrate on Politics; Economic reforms have to wait.
Myth No. 3: Key Fiscal Problems – such as Subsidies – cannot be tackled any Time soon.
Myth No. 4: The Egyptian Government needs Budget Support urgently.
Myth No. 5: International Community has done all it can do to help the Transition.

Click here for the Full Report (pdf).

For further information, please see Carnegie Endowment website.