The panel will discuss the socio-economic challenges facing Egypt after the fall of Mubarak's regime and the available alternatives to address these challenges.
Social justice and the provision of basic needs were at the top of the demands of the January 25th revolution in Egypt. Egyptians who took to the streets sought to topple a regime which failed to deliver on political and economic reforms and applied policies that increased poverty and inequality. Two years after the revolution, the record of the Egyptian government in meeting the socio-economic demands of the revolution is mixed, at best. Not a few number of scholars have noted that the socio-economic policies of the current government do not differ from those of Mubarak's regime with their bias towards the interests of the business class, failure to address social injustices, and dependency on western capital and International Financial Institutions' prescriptions. Others cite early signs of institutional reform and of re-orientation of Egypt's international economic relations towards building new partnerships with rising power of the Global South. But can Egypt escape the trap of dependency on traditional donor countries and IFIs? What policies can be pursued to make this possible? Does the current Egyptian government have the required political and organizational capacity to impose the necessary economic reforms? What is the role of Egypt's political and social forces in shaping Egypt's new development paradigm? And to what extent have these forces succeeded in proposing workable solutions to the country's socio-economic challenges? The panel's discussions will cover these and other questions related to Egypt's model of development after the fall of Mubarak's regime.