Egypt’s Economy and the Fall of the Beblawi Government

“The unexpected resignation of the entire interim cabinet of Egypt on February 24 should serve as a reminder of just how acute and intricate the economic crisis is that faces the country since Mubarak’s ouster three years ago. The latest manifestation of this crisis came in the form of escalating waves of labor strikes that hit several parts of the country in recent weeks: doctors, pharmacists, public transport employees, low-ranking policemen, pensioners, post office employees, workers in the textile industry and several other state-owned enterprises, and garbage collectors; all demanding higher salaries and better working conditions. Widespread shortages of cooking gas along with frequent power outages over the past few weeks have added to the pressure on the government and ultimately led to its sudden departure.”

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About angelajoya

Assistant Professor, Middle East Political Economy, at the University of Oregon. Currently writing on the Egyptian revolution and the Syrian crisis.
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