January 25, 2013

Egypt Needs an Economic Miracle

Samir Radwan, Bloomberg

AP Photo

It may be too early to judge the success or failure of Egypt’s 2011 revolution, but this much is clear: The young people who led the uprising feel betrayed, and the Islamist government that followed is focused on consolidating power when it should be ensuring economic recovery.

The genius of the Jan. 25 revolt was reflected in its slogan -- “bread, freedom, social justice.” Those words expressed an aspiration for change that created unprecedented expectations, and today the country’s mounting dissatisfaction is first of all due to the underperforming economy. It is no coincidence that the first word of the uprising’s slogan was bread.

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TAGGED: Arab Spring, Egypt


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