Who is Egypt’s Kamal Ataturk?

Kim Eun YeulEgypt’s campaigning for the Presidential election is in full swing.  More than anything else, Egypt needs a visionary President.  A President that will bring order back to a country clearly on the verge of chaos.  Egypt’s new leader will need to unite the Egyptian people and purge the country of the corruption that loomed large in the previous administration. But, history has shown us that such visionaries are rare and hard to find.  This is most definitely Egypt’s biggest quandary.  It’s as if Egypt needs a Kamal Ataturk who transformed Turkey into a modern economy, an industrial giant, and a progressive Islamic state.

It's about governance, friends

World Bank | Arne HoelIt is difficult to imagine a book more timely and relevant to the Arab revolutions than Daron Acemoglu and James Robinson's "Why Nations Fail."Indeed they focus on Egypt in their preface.  As they sum it up "To Egyptians, the things that have held them back include an ineffective and corrupt state and a society where they cannot use their talent, ambition, ingenuity, and what education they can get. But they also recognize that the roots of these problems are political. All the economic impediments they face stem from the way political power in Egypt is exercised and monopolized by a narrow elite.

Growth strengthens in MENA, but vulnerabilities persist

Our latest regional outlook shows a two-track path for growth in MENA. In 2012 oil exporters are likely to fare much better than oil importers in the Middle East and North Africa (MENA). Growth of MENA’s oil exporting countries will be strong and rise from the average of 3.4 percent in 2011 to 5.4 percent in 2012. The new Regional Economic Update presents the outlook for MENA in the context of rapidly-evolving global and domestic environments, recognizing the linkages that matter for shaping country-specific outlooks and the multiple risks that could alter them.

Is “the Egyptian botagas story” running out of gas?

Kim Eun YeulEveryone in Egypt has a botagas story. If you walk the busy and pleasantly noisy Cairo streets, as I often do in the early evening during my visits, you pass scores of fast-food shops, cafés, and makeshift tea stands, their bluish botagas flames burning steadily in the fading light. I am sure their owners have many botagas stories to tell. Newspapers often run these stories as well, usually with a photo of a queue of people with mixed expressions – a few smiling faces leaving with heavy bottles and many more anxiously waiting to try their luck. My colleague Khaled tells his own story in the accompanying “botagas” blog and it also ends on an unhappy note: botagas is not easy to get nowadays. So, what is behind these unhappy botagas stories?

Egypt: Running out of gas

Kim Eun YeulEveryone in Egypt has a botagas story.  These botagas stories are not the result of just the current shortage of botagas and gasoline that Egypt is currently struggling with.  Botagas is a lifeline for many Egyptians.  To understand why botagas is so important to the lives of so many, let me begin by providing some context.  Botagas is essentially a propane gas tank (probably a mixture of propane and butane), just like what you would purchase for your outdoor grill.  Egyptians buy botagas for two reasons, to cook, and to heat up water in a household bathroom.  If you don’t have botagas, the stove doesn’t work, and you can’t take a shower, unless you like cold water.

Why would you go to an infrastructure policy forum? Why not?

World Bank | Arne Hoel Why 13 governments, 10 ministers and 270 people decided to gather for policy discussions on infrastructure in the Middle East and North Africa (MENA) and the role of the private sector. (And no, it wasn’t the fact that the forum was in Marrakech because none of us left the hotel). I was really inspired by the enthusiasm generated by the March launch in Rabat of the Affiliated Network for Social Accountability – Arab World. The event brought civil society people from across MENA together and demonstrated a real ability to shape and further a debate around the issues of participation and youth. 

Is patriarchy on the rise?

Last Spring, I wrote a about the rise of conservatism among 15-35 year old men in the Middle East and North Africa (MENA) despite higher education and better connectedness to the world than the previous generation.  The level of conservatism was measured by the number of objections toward women working outside their home: based on a 2008/09 survey of 40,000 individuals in Amman, Cairo, and Sana’a across income, age, and educational groups, over 40 percent of young men objected.  I then asked whether, voting and voter preference would help advance women’s rights.

Enabling employment miracles

World Bank | Arne Hoel | 2011How can policymakers engineer enduring reductions in unemployment? Middle East and North Africa’s (MENA) Regional Economic Update confronts this question head on. It looks back historically to examine how countries have generated episodes of swift, significant, and sustained unemployment reductions. These we call employment miracles. And to make miracles happen the analysis unambiguously points towards prudent macroeconomic management, sound regulation and good governance as critical enablers of job creation.

Tourism: For those looking for shovel ready projects

World Bank | Dale Lautenbach | 2012Tourism is one of the world's largest and fastest growing sectors, making up 5% of the world's GDP and 30% of the global export of services (over $1 trillion). In 2010 alone, there were some 1 billion tourists worldwide, 60 million of whom traveled to the Middle East and North Africa (MENA) region. International Tourism receipts amounted to $900 billion - MENA's share making up roughly 6% of the total, around $50 billion. Overall, MENA tends to underperform slightly, not only in terms of the number of visitors and monetary inflows, but also in its potential to generate employment.   

Communities can be powerful stewards of spectacular marine life

Local communities around the Red Sea and Gulf of Aden understand better than anyone the value of their natural environment. This became very clear when we visited various marine protected communities in Sudan, Djibouti and Egypt: the inhabitants have real concerns for using marine resources sustainably and in a way that benefits all.The World Bank is piloting a new approach to marine management in one of the most biodiverse, underwater hotspots in the world, famous for its stunning corals, large number of endemic species, and attraction to tourists. The project aims to help the member countries of PERSGA to develop a more holistic management approach based on the ecosystem.

Syndicate content