Skip to main content

Home/ Comparative Politics/ Group items tagged Suez

Rss Feed Group items tagged

Ed Webb

Ever Given: Egyptian Can-do Helped Unclog the Suez Canal - Bloomberg - 0 views

  • the sense of relief, joy and pride Egyptians felt over their success. The dredger and a fleet of tug boats had worked day and night to unclog one of the world’s most important waterways, eventually refloating the Ever Given in a week — Egyptian can-do beat the expectations of experts who predicted it would take twice as long.
  • served as a reminder of how much of their potential is stymied by a political economy that deters experimentation, punishes innovation and ultimately pushes many Egyptians to seek opportunities abroad
  • Centered on a bigotry of low expectations is the idea that Egyptian workers are uniquely unimaginative and unindustrious, and that these traits — rather than the greed and grift of their rulers — are to blame for the country’s economic failings.
  • ...5 more annotations...
  • the industriousness and ingenuity displayed by the Mashhour crew and their colleagues on the tug boats are the very qualities that allow millions of Egyptians to survive the misrule that has led to rising poverty levels even as limited reforms have primarily benefited the ruling elites and crony capitalists. While the government in Cairo has received kudos for GDP growth, Egypt’s poverty rate has nearly doubled over 20 years, from 16.7% in the year 2000 to 32.5% in 2019.
  • The patronizing view that the man in the street needs the guiding hand of his betters has often encouraged international partners over the years to direct funding to the elites rather than small and medium-sized enterprises, despite pledges to prioritize those very sectors.
  • their government provides them with neither the competitive market economy nor the political freedoms that would allow them to demonstrate their readiness.
  • the waterway is of exceptional value to the government in Cairo: Not only is it a significant source of hard currency for a country with a chronic trade deficit, its strategic importance to global commerce elevates Egypt’s international status
  • Many who seek the resources — and salaries — commensurate with their skills must leave the country to find them. This is why remittances from abroad dwarf many sectors of the economy. Remittances in 2020 were worth $29.6 billion, over five times the Suez Canal’s revenue of $5.61 billion and more than double the revenues from tourism at its 2019 peak of $13 billion.
Ed Webb

Egypt's army controls much of the economy. Is this wise? | Middle East Eye - 1 views

  • the Egyptian military has been allowed to engage in economic activities as a way of reducing the official defence budget. The military economy also allows senior officers to be compensated for low pay and pensions, by giving them the opportunity to acquire extra income and fringe benefits. The overall volume of such economic activities was relatively modest until 2011, when former President Hosni Mubarak was forced out of power.
  • Abdel Fattah al-Sisi, a former general who became president in 2014, has relied on the military to take over major management roles in the civilian economy
  • this approach overlooks the real structural problems in the Egyptian economy, including low productivity, low investment in all sectors except for energy and real estate, and low value-added, especially in technology-dependent sectors
  • ...10 more annotations...
  • He doesn’t understand how the economy works, how to get it going, how to generate jobs and growth, or how to increase revenue in a sustainable way. But the military is following orders. If he tells them to go build a new city in the sand somewhere, that is what happens.
  • The military now manages approximately a quarter of total government spending in housing and public infrastructure
  • Until the 2013 takeover, the military’s economic activities functioned to keep the senior officer corps happy and loyal to the president, by allowing them perks. Sisi, however, has made a different calculation. He is looking to reinforce the political legitimacy of his regime domestically, and to show Western governments and foreign investors that Egypt means business. He wants to demonstrate credibility. He’s shown his contempt openly for the civilian agencies of his own state. He feels he can only trust the military to do the job on time, within budget.
  • The military started by working on land reclamation - turning deserts into arable land. In the late 1970s, the army led the way in reconstructing cities and infrastructure along the Suez Canal that had been damaged severely during the war with Israel.
  • The economic consequences are increasingly negative, because Egypt is borrowing heavily to fund these projects.
  • The military’s main advantage is political influence. It has officers placed throughout the state apparatus who help get contracts. These officers also dominate the government’s main audit agency, which is instructed to inspect civilians to prevent corruption.
  • the problem here is that the military’s powerful political position means it doesn’t really have to account for genuine cost-effectiveness; the real problems are being kicked down the road.
  • Egyptian military accounts are not shared with anyone either inside or outside Egypt. This includes the official budget, in addition to the financial books of the various military agencies involved in economic and commercial activities.
  • the military pays no taxes on any of its activities, and no customs duties on the goods it imports for these purposes
  • All officers who perform duties on behalf of military agencies undertaking economic activities get paid extra allowances and benefits for each task they undertake, and often get an extra salary if they run a military factory or a military farm. And then there’s a share of profits - or of incomes before profits are calculated, because there’s not always a profit; a certain share of these are distributed to senior officers as well. 
  •  
    This is interesting. I'm curious of the attitude of the Egyptian soldiers as they are doing work outside of their job description and their superiors are getting a paycheck for it. Can you imagine if public school teachers could do this with their students? That'd be interesting... Here's another article about how Egypt continues to crack down on media outlets: https://nyti.ms/2OgCNtN
Ed Webb

Sisi's final act: Six years on, and Egypt remains unbowed | Middle East Eye - 0 views

  • For three weeks Sisi’s image has been trashed by an insider turned whistleblower whose videos from self-exile in Spain have gripped and paralysed Egypt in turn. 
  • Mohamed Ali is, by his own admission, no hero. One of only 10 contractors the army uses, he is corrupt. He also only left Egypt with his family and fortune because his bills had not been paid. Ali is no human rights campaigner. 
  • Egypt’s new folk hero likes fast cars, acting, film producing, real estate developing.
  • ...15 more annotations...
  • when he talks he talks the language of the street and the street listens to him. That's Sisi's problem.  
  • Sisi  was a "failed man", a "disgrace", a "midget" who uses make up and hitches his trousers up too high, Ali told Egypt. Sisi was a con man who lectured you on the need to tighten your belt while building palaces for his wife Intissar.
  • Ali listed them: a luxury house in Hilmiya ($6m), a presidential residence in Alexandria ($15m), a palace in the new administrative capital, and another one in the new Alamein city west of Alexandria.
  • A report published by the World Bank in April calculated that "some 60 percent of Egypt’s population is either poor or vulnerable". 
  • Most Egyptians have seen their real incomes fall, while Egypt under its IMF-backed austerity programme is racking up huge foreign debts. It was $43bn during Morsi’s presidency. It is $106bn now. Seventy per cent of taxes now goes into paying these debts off. Internal debt is over 5 trillion Egyptian pounds ($306bn).
  • Every Egyptian remembers the lectures Sisi gave them on the need to tighten their belts. When the IMF forced the state to reduce subsidies, Sisi’s response was: "I know that the Egyptian people can endure more... We must do it. And you’ll have to pay; you’ll have to pay," Sisi said in one unscripted rant a year into his presidency.
  • "Now you say we are very poor, we must be hungry. Do you get hungry? You spend billions that are spilt on the ground. Your men squander millions. I am not telling a secret. You are a bunch of thieves."
  • Ali’s YouTube channel has done more in three weeks to destroy Sisi’s image than the Brotherhood, liberals and leftists, now all crushed as active political forces in Egypt, have done in six years of political protest. 
  • To their credit the opposition did not crumble, paying for their stand with their lives and their freedom. To their shame the Egyptian people did not listen.
  • Sisi thinks he can ride this out, as he has done challenges in the past. Hundreds of protesters have been arrested since last Friday.
  • The initial demonstration in Tahrir Square in January 2011 was smaller than the ones that broke out in Cairo, Suez and Alexandria last Friday. They called for reform, not the overthrow of Hosni Mubarak. Last Friday, Sisi’s portrait was torn down. “Say it, don’t be afraid, Sisi has to leave!” they shouted on day one of this fresh revolt. 
  • the "opposition" is everybody - ordinary Egyptians, disaffected junior ranks in the army, Mubarak era businessmen. This is a wide coalition of forces. Once again Egypt has been reunited by a tyrant
  • unlike 2013, Sisi’s bankers  - Saudi Arabia and the UAE - have run out of cash for Egypt. Today each has its own problems and foreign interventions which are all turning sour - Yemen and Libya.
  • The steam is running out of the counter-revolution.
  • popular protest is re-emerging as a driver for change across the region. We have seen it topple dictators in Sudan and Algeria. Both have learned the lessons of failed coups in the past and have so far managed the transition without surrendering the fruits of revolution to the army. This, too, has an effect on events in Egypt.
Ed Webb

How Brexit marks the end of the British story | Latest Brexit news and top stories | Th... - 0 views

  • The pride and pomp of the British in the heyday of empire did not last long. Two world wars impoverished the country and destroyed its empire. (Our 'special relationship' with the USA consisted in getting desperately needed aid during the Second World War in return for a promise to dismantle the empire. Even if the UK could have maintained the empire, which it could not, as proved by Suez, it in effect traded the empire for survival in the 1940s.)
  • Entry to the EEC/EU saved the country's economy and saw it flourish, and offered a new and significant role as one of the big three states in one of the big three blocs in the emerging new post-Cold War world, alongside the USA and China
  • British self-congratulation in the first decade of the 21st century had given a group of people in our political order - a fifth column from the past - the feeling that now was the time to reassert what they mythologised as the spirit of Britain in Queen Victoria's diamond jubilee
  • ...16 more annotations...
  • There was no other reason for having such a referendum; it was purely an internal Tory party affair
  • The circumstances of the 2016 referendum, its nature, and its consequences, have multiple causes that jointly led to the stupefying mess in the country and its political and constitutional order that we are now in. The Eurosceptics made good use of these other factors
  • the policy from 2010 of austerity and the resulting large and rapid increase in inequality, which affected some areas of the country and economy much more drastically than others
  • a series of bad mistakes and misjudgements by David Cameron and Ed Miliband, the leaders of the two main parties
  • the quality of MPs after decades in the EU. Membership of the EU brought a degree of general consistency and equilibrium to the economies and states of the member nations, even taking into account the misguided austerity policies after 2010 in the UK itself. This has lessened the temperature of political debate in the UK, premised as it is (unlike most other EU countries) on a deeply adversarial style of politics. Before joining the EEC the UK was a theatre of intense struggles between left and right, socialism and capitalism, managements and unions, a pervasive 'us and them' mentality infecting every major decision.That moderated, with a more temperate tone entering politics in the period between the end of Thatcher and the post-2010 coalition. But as a result, politics became somewhat less attractive to energetic, clever and ambitious people, with the result that - with some extremely honourable exceptions - the general quality of MPs is not nearly what it was.
  • Banal careerism, the unchallenged sway of the party whips, unthinking sound-bite ideas as the staple of political discourse, the fact that literally hundreds of MPs in the Tory party can support a profoundly unfit person such as Boris Johnson in the office of prime minister - this is a mark of serious decline in quality of those elected to the legislature.
  • the innate fragility and dysfunction of the UK's outdated and ramshackle constitutional order. The uncodified constitution - 'a series of understandings that no-one understands' - is very convenient for any party that commands a majority in the House of Commons, because they can do whatever they like, always getting their agenda enacted and controlling the business of the House of Commons itself.
  • no separation of powers between the legislature (parliament) and executive (the government - meaning, the cabinet and prime minister)
  • Instead of holding the government to account, therefore, parliament is in effect the creature of the government, and does what the government wants.
  • "elective tyranny"
  • The clique controls the executive, the executive controls parliament, parliament is absolute in its powers: The clique is the tail that wags the entire dog.
  • when people of lower quality, less integrity, less intelligence and less honour populate these offices of state, danger looms. And that danger has burst upon us in the form of Brexit.
  • One of the major scandals of the 2016 referendum is that its outcome has never been debated in parliament. The question, 'Shall we take the advice of 37% of the electorate to take an enormous, uncosted, unplanned and unpredictable step?' has never been debated and voted upon in our sovereign state body.
  • our hopelessly undemocratic first past the post electoral system lies at the rotten core of these arrangements. It disenfranchises the majority of voters, turning them off politics. It puts majorities into the House of Commons on minorities of the popular vote. It entrenches two-party politics, in which elections produce one-party government by turns - with the foregoing 'elective tyranny' resulting. It is a mess, and reform is urgently needed.
  • there is a huge clean-up operation required in our political and constitutional order, in addition to addressing the serious inequalities and injustices in our economy and society
  • We in the UK have skated on very thin political and constitutional ice for a long time; the wealth and prestige of empire, the nostalgic dream it left behind, the self-deceptions and illusions of those who could not see how good a future was developing for us as a leading nation in Europe, made us unaware of the danger. We have fallen through that ice, and the bitterly cold waters we now flounder in must at last wake us up.
Ed Webb

The biggest story in the UK is not Brexit. It's life expectancy - The Correspondent - 0 views

  • Once a state becomes highly unequal, it can enter a spiral of decline. All the most unequal rich nations in the world are now falling apart in one way or another and all have a "strong man" in charge: USA, Russia, Brazil, Chile, Turkey, Israel. On 12 December 2019, the people of the UK confirmed their membership in that club of the world’s most unequal affluent countries headed by a strong man.
  • More equitable countries tend not to have a leader who matters all that much, a head of government who is not that well known. They also tend to have lower far-right voting, higher overall turnout at elections, higher spending on public goods as a proportion of GDP, fewer (social class)-segregated schools, better quality secure housing, less homelessness, much better mental health, and higher life expectancy. Jobs in such countries are better paid for the majority of people and less precarious.
  • Nowhere else in Europe is life expectancy falling. Nowhere else in Europe has rising infant mortality. Nowhere else in Europe (bar Germany) has as many people sleeping rough on the streets. Germany only has as many rough sleepers because a very small proportion of the very large numbers of refugees it accepted are without housing. The UK accepts almost no refugees.
  • ...4 more annotations...
  • there has been a long, slow disintegration of social norms and expectations. Today, new independent countries are hardly ever formed, but the UK has gone about creating the circumstances in which still future separation is possible.
  • Great social change has often happened in the past when a younger generation has been fully exposed to the folly of their parents and grandparents. 
  • Following Suez, young people voted differently to their parents in sufficient number to bring in governments in 1964 and 1966 that helped to slowly transform the UK, making it one of the most equitable countries in Europe.
  • The Conservative government – which could now hold power until at least December 2024 – will pretend it cares about the health service, about poor Britons, about the north of the kingdom, about young people’s futures, and it will pretend well. It is well practised.
1 - 6 of 6
Showing 20 items per page