Showing posts with label Egypt. Show all posts
Showing posts with label Egypt. Show all posts
Tuesday, March 15, 2011
Monday, February 14, 2011
A Tunisian-Egyptian Link That Shook Arab History
Just a few months later, after a strike in the Tunisian city of Hawd el-Mongamy, a group of young online organizers followed the same model, setting up what became the Progressive Youth of Tunisia. The organizers in both countries began exchanging their experiences over Facebook. The Tunisians faced a more pervasive police state than the Egyptians, with less latitude for blogging or press freedom, but their trade unions were stronger and more independent. "We shared our experience with strikes and blogging," Mr. Maher recalled.
For their part, Mr. Maher and his colleagues began reading about nonviolent struggles. They were especially drawn to a Serbian youth movement called Otpor, which had helped topple the dictator Slobodan Milosevic by drawing on the ideas of an American political thinker, Gene Sharp. The hallmark of Mr. Sharp’s work is well-tailored to Mr. Mubark’s Egypt: He argues that nonviolence is a singularly effective way to undermine police states that might cite violent resistance to justify repression in the name of stability.
The April 6 Youth Movement modeled its logo -- a vaguely Soviet looking red and white clenched fist -- after Otpor’s, and some of its members traveled to Serbia to meet with Otpor activists.
Friday, February 11, 2011
Wired and Shrewd, Young Egyptians Guide Revolt
"When people have been killed, from time to time you feel guilty," Mr. Lotfi said. "But after the war that night, we felt more and more that our country deserves our sacrifice."
A few days later, seven members of the group were abducted by the police after leaving a meeting at Mr. ElBaradei’s house and detained for three days.
...
Most of the group are liberals or leftists, and all, including the Brotherhood members among them, say they aspire to a Western-style constitutional democracy where civic institutions are stronger than individuals.The young Google exec was abducted by the police and held incommunicado for 12 days before being released.
Iran Presses Opposition to Refrain from Rally
Iran’s authorities have increased pressure on the country’s political opposition days before a rally proposed by opposition leaders in support of the popular uprisings in Tunisia and Egypt.
Monday, February 07, 2011
The IMF's Epic Fail on Egypt by Yves Smith
Needless to say, there has also been a great deal of consternation as to how the West’s supposedly vaunted intelligence apparatus failed to see this one coming. This lapse is as bad as the inability to foresee the collapse of the Soviet Union (it’s arguably worse: a lot of people profited from the Cold War, and they’d have every reason to fan fears and thus look for evidence that would support the idea that the USSR was a formidable threat...(And there was the CIA's George Tenet on the "slam dunk" of finding WMD's in Iraq)
If this isn’t bad enough, other sections of the report are downright embarrassing. The IMF does acknowledge that poverty is a bit of a problem, and look at the remedies it suggests:
Reforms for Sustained Growth
9. Continuing the reform momentum and reducing fiscal vulnerabilities remain the key medium-term challenges. Rapid growth is crucial to tackling poverty and the high level of unemployment. In this context, reinvigorating the structural reform agenda should help raise productivity and reinforce Egypt’s competitiveness.
Prioritizing reforms that promote macroeconomic stability and improve the investment climate will support the resumption of foreign direct investment. As noted, the planned fiscal adjustment and tax reforms are an important element of generating confidence, improving the business environment, and ensuring space for the private sector. Resumption of privatization and development of public-private partnerships (PPPs) will help mobilize private sector financing and know-how. Contingent liabilities associated with PPPs, however, should be monitored closely.
Reinforcing financial soundness and promoting financial sector deepening will help mobilize savings needed to finance private sector-led growth. The stability of the financial sector during and since the crisis is a testament to reforms since 2004. Staff supports the continuation of reform efforts with the CBE’s Phase II agenda. Introducing Basel II standards and supporting financial sector development will help facilitate intermediation of savings and increase private sector access to credit. Staff supports plans to adopt additional prudential measures to contain vulnerabilities that will arise with greater integration with the global economy and the introduction of new asset classes. Close coordination between the new nonbank supervisory authority and CBE will be a priority, and consideration should be given to introducing forward-looking risk management and developing global standards on liquidity and leverage.
However Tunisia was a relatively wealthy Arab country and the Egyptian protesters were inspired by the successful Tunisian revolt.This is all neoclassical trickle down twattle. People are hungry and can’t find work, and what does the IMF have in its toolkit? "Public private partnerships".Strengthening data quality and transparency will help improve the policy debate and business environment, and enhance Fund surveillance. The need for greater transparency and higher frequency data was underscored by the global financial crisis, and enhancements would help ensure that data availability is on par with other emerging markets. In particular, there is a need for more robust CPI and GDP deflators, and for publishing higher-frequency aggregate financial soundness indicators (as planned), and encouraging banks to make available detailed performance and soundness indicators.
Monday, January 31, 2011
The Shame Factor: When will dictators learn not to treat their people like fools? by Hitchens
Report From Cairo by Nicholas Kristof
Report From Cairo by Nicholas Kristof
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