Solving Egypt’s economic crisis
The ongoing political crisis is taking its toll on the country’s troubled economy.
The demonstrators in Cairo’s Tahrir Square are still renewing their calls for Hosni Mubarak, the Egyptian president, to leave, rejecting his effort to remain in office for another few months.
The ongoing political crisis is leaving Egypt’s economy in jeopardy: the political crisis is already costing the country $310mn per day.
How much more can the country’s economy take? And what needs to be done to solve the long-running economic crisis once and for all?
Our guests today are: John Sfakianakis, the chief economist at Banque Saudi Fransi; Eric Chaney, an assistant professor of economics at Harvard University; and Gouda Abdel-Khalek, an economics professor at Cairo University.
This episode of Inside Story aired from Tuesday, February 9, 2011.