Columbia International Affairs Online: Working Papers

CIAO DATE: 07/2014

The Economics of Egypt's Rising Authoritarian Order

Amr Adly

June 2014

Carnegie Endowment for International Peace

Abstract

Egypt’s economy is in crisis as the new military-backed regime seeks to reestablish its authority. Fiscal restructuring and austerity measures are necessary to spur economic recovery, but they may be politically difficult to pass at this time. The new regime, therefore, will have to broaden its base and forge a more inclusive coalition of supporters in order to stabilize Egypt, retain power, and restore economic growth.